FG: Agric to solve challenges arising from COVID-19

  The Federal Government has disclosed that agriculture is the best way to beat the triple problem of low foreign exchange, huge unem­ployment and negative growth caused by COVID-19 in line with Mr. President’s mantra ‘to produce what we eat and eat what we produce.’   With this, the government is focusing on agriculture, increasing the acreage under cultivation and engaging thousands of young people in farming and agro-allied jobs.   Also, the government is expecting the N2.3 trillion stimulus package under the Economic Sustainability Plan to bring between 20,000…

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Adesina commends UK over investments in AfDB

President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has commended the United Kingdom’s Department for International Development (DFID) over its investments in the bank. He made the commendation while speaking at the at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum.” Noting that the DFID is a key strategic partner of the AfDB, Adesina disclosed that since the DFID joined the bank in 1983, its “strong and consistent support for the African Development Fund has helped us to support the development of low-income states, especially the fragile states.” According…

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Farmers back CBN’s policy on milk importation

The main reason Central Bank of Nigeria’s (CBN) plans to stop issuing foreign exchange to importers of milk was premised on the need for Nigeria to revamp her local diary sector, which has remained moribund due to lack of investors. Cerainly, there is need to attain self-sufficiency in the country’s diary sector based on the country’s over 180 million population as this would reduce the whopping $1.3 billion spending on milk importation. Agric experts have suggested that the country needs to establish more diary industries to produce more milk for…

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Climate change: Insurance, vital for farmers

Recent changes and development in weather have made it vital for cash crop farmers and other investors in agriculture to take insurance more seriously. Sunday Ojeme reports For sometime now, the effect of widespread global warming is having its toll on every sphere of human endearvour. In the developed world where experts easily predict the weather with precision, the change in the ozone layer, according to experts, has continued to impute some level of doubts into their precision. In the last one week or so, the level of snowfall in…

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Group tasks FG on increased funding for agriculture

The National Association of Nigerian Traders (NANT) has called on the Federal Government to increase funding and monitoring mechanisms of agricultural policies to create the much-needed impact on the populace.   President of the association, Mr Ken Ukaoha, said this at the joint sector review of Comprehensive Africa Agriculture Development Programme (CAADP) and National Agricultural Investment Plan (NAIP) stakeholders’ advocacy meeting in Abuja.   Commending the current government for putting up strategies to address the issues of agriculture in the country, he said CAADP was aimed at facilitating increased agricultural…

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