BY  YAHYA SARKI, Kebbi The minister of Agriculture, Chief Audu Ogbeh has frowned at how banks charge between 25 to 35 percent interest on farmers seeking for loan saying that the policy does  not help in the development of agricultural activities in Nigeria. Ogbeh expressed his displeasure during the Federal Government and All  Progressive Party Governor’s Forum parley on policy synergy at the Presidential Banquet Hall in Birnin Kebbi, Kebbi State yesterday. The Minister lamented that the interest rates being charged was high and the trend has been existing for over 30 years which is capable of discouraging farmers  to borrow for the improvement their farms. “One of the biggest problem we are facing is finance,  the interest rate is high, how can farmers borrow , how can industrialists borrow, how can manufacturers borrow? . He added that the  problem has to do with not only agriculture but industrial growth and hinder the...
By Jonathan Nda- Isaiah Acting President Yemi Osinbajo, will inaugurate a new world-class fertiliser plant built by Indorama Eleme Fertiliser and Chemicals Limited, today in Port Harcourt, Rivers State. In a statement by his spokesman, Laolu Akande, the plant with production capacity for 1.5 million Metric Tons of Urea fertiliser is considered the world’s largest single-train Urea plant. According to him, Eleme Petrochemicals Company Ltd, now Indorama Eleme Fertiliser and Chemicals Limited was privatised in 2006 after the sale of Federal government’s 75 percent shares to a core investor through a competitive bidding process. He explained that the Plant has a production capacity of 4000 metric tons (MT) of nitrogenous fertiliser per day or 1.5 MT per annum and was built with an investment of USD 1.5 billion. He stated that the fertiliser plant is supported by a Port Terminal at the nearby Onne Port Complex, and a Gas Pipeline of 83.5KM for...
BY HUSSAINI JIRGI, Damaturu The Inspector General of Police (IGP),  Ibrahim Komptu Idris have been called upon to intervene and bring to an end the menace of fake fertiliser sales and circulation in Yobe State by some unpatriotic citizens. Sparking to journalists in his office, the Yobe State chairman of Fertiliser Sales Association, Potiskum branch, Alhaji Ali Maitaki. According to him “On Sunday 16th July,  2017, our members and  customers reported to us the advertisement and  circulation of a federal government impersonated fertiliser labelled N5,500 with inscription FGN Agro  and code of arm sold out at one store along Ibrahim Alkali Avenue in Potiskum town, He added that, “We rushed to the store and confirmed that it is true, picked some samples for analysis and confirmed it is fake,  it was filled with sand, we summoned Exco meeting and resolved to report the case to Potiskum Police Divisional Office, the suspects were arrested,...
By JOSHUA DADA, Osogbo The federal government has declared its determination to provide all that it would require to ensure that the agricultural intervention project to be pioneered at the Obafemi Awolowo University (OAU), Ile-Ife and bankrolled by the Central Bank of Nigeria (CBN) to the tune of  N3bn, is tremendously successful. The minister of Agriculture and Rural Development, Chief Audu Ogbe who expressed the determination equally accepted a challenge from the Soil Science department of the institution’s Faculty of Agriculture, in respect of the need to canvass requisite soil test in order to determine the appropriate quantity and type of fertilizer to be applied on farmlands in different parts of the country. Ogbe while speaking at a public forum to sensitize the members of the University Community and environs on the need to seize the opportunity of the intervention project, noted that it would serve as their quota to government’s initiative...
 Abu Nmodu, Minna,  Central Bank of Nigeria (CBN) has rated the performance of Niger State high in the on-going  Anchor Borrower's Scheme of the apex bank. Even as 30, 000 farmers has benefited in the scheme so far. The bank attributed the success story of the scheme in the state to the commitment and political will accorded it by the governor, stressing that this commitment was responsible for the positive result being posted by the state in Rice production. A statement by the chief Press secretary to the Governor Jibrin Ndace   yesterday stated that the Controller of the Minna branch of the bank, Mr. Mashud Ibrahim Tulu gave this rating on Tuesday,  in a chat with newsmen after a  visit t Governor Abubakar Sani Bello in his office in Minna. Tulu said that over 30,000 farmers have so far benefited from the scheme. According to him, 12,000 farmers participated in the first planting season while additional...
BY DONATUS NADI, Lafia Nasarawa state House of Assembly has passed a resolution calling on Governor Umaru Tanko Almakura to arrest, prosecute and relieve any government official found culpable in diverting fertilizer meant for farmers in the state. Alhaji Ibrahim Balarabe Abdullahi, the speaker of  the House made the call in Lafia after the chairman, House committee on Agriculture, Barr. Abubakar Kana(APC-Kokona West) moved a motion on the need for the House to investigate alleged cases of fertilizer diversion by government officials in the state Balarabe Abdullahi said that if the state government takes such a step, it would serve as a deterrent to others and would boost food production in the state. He said that the house would also investigate the alleged diversion of fertilizers by government officials in the state. The Speaker commended Governor Almakura for distributing assorted fertilizer at a subsidized rate of N4000 per bag to farmer and called on them...
By Ruth Tene Natsa, Abuja As the federal government continues its advocacy for greater farming,communities in Southern Kaduna have taken the gauntlet and returned to their farms. LEADERSHIP visit to Fadan Kagoma, Jemaa local government in Kaduna State showed the land green as almost every parcel is now cultivated. Most common produce seen on the farms include ginger, groundnuts, maize and Guinea corn. Speaking with Leadership a small holder farmer, Mrs Joy Bulus said this year almost everybody returned to the farm. She said “things have been so hard for everybody that the only option is to return to the farm. As it is ,it is most rewarding and no matter how hard it is one cannot complain of the rewards of farming,because no,matter how hard it is there would always be food and even a little extra for other things” She said even people from the city returned to the village or...
By Ruth Tene Natsa, Abuja with Agency Report The Minister of Agriculture and Rural Development, Audu Ogbeh has said Nigeria is set to supply 130,000 tonnes of roasted cashew nuts to the Walmart Super Market chain in the United States of America. He said the 130,000 cashew is valued at $7 billion. Chief Ogbeh said the US firm came to Nigeria to request for 130,000 tonnes of roasted cashew nuts and their demand is 130,000 tonnes of cashew nuts per annum, with a total value of $7 billion. “We are in conversations with Walmart, the biggest supermarket chain in the US. They came here and asked us to roast cashew nuts for them. “What Nigeria currently does is ship the nuts to Vietnam, which in turn roasts and sell to the US. This year, we are going to create six cashew processing factories in Nigeria, each to be cited in Enugu, Imo,...
By Ruth Tene Natsa, Abuja with Agency Report President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, in a goodwill message at the ‘Feed Nigeria Summit (FNS) 2017 series, held in Lagos said Nigeria is well-positioned in the matrix of feeding Africa sustainably. Adesina said the summit provides an excellent platform for discussing how to further ramp up support for agriculture as a business, while restating AFDB’s resolve to transform rural economies in Africa through agriculture value chains to create market opportunities for farmers. Adesina urged governments to provide incentives for food and agribusiness companies to locate in rural areas and establish staple crop-processing zones (SCPZ) which are vast agro –industrial zones to supported food industries to establish in order to reduce the cost of doing business, create huge market pool for farmers and cut post-harvest losses. He said “The SCPZs will also transform rural Africa into new zones of economic prosperity.”...
by Ruth Tene Natsa, Abuja The Food and Agricultural Organisation (FAO) has called on countries to reap benefits of food trade by engaging in standard setting. In a joint publication issued by the FAO and the World Trade Organization (WTO) on July 12, it stated that participation in the development of international food standards for trade is essential if countries are to reap the benefits of booming global trade and prepare for imminent technological changes. FAO director general, José Graziano da Silva said “Food safety and food standards are crucial to unlock the potential of an important tool to fight hunger, which is trade.” He added that public and private sectors, operators from all parts of the food value chain, civil society organizations, academic and research organizations - all have essential roles in developing sound and credible systems of food safety management. Developing countries, in particular, should invest in the capacity and...