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Monthly Archives: December 2016

Katsina Govt Partners CBN, Unveils Marshal Plan For Rice Production

Katsina State Government has keyed into the Central Bank of Nigeria (CBN) Anchor Borrower Programme (ABP) for rice production in dry season highlighting the...

Plastic Rice Not Plasticized, But Unsafe For Consumption – NAFDAC

The National Agency for Food Drug Administration and Control (NAFDAC) has confirmed that the 102 bags of rice seized by Customs operatives earlier this...

Yuletide: Nigeria Customs Destroy N147m Poultry Products In Benin

Poultry products worth over N147 million illegally imported for the yuletide season have been impounded and destroyed by operatives of the Nigeria Customs Service...

Ban On Rice Importation Hasty – Guana Farms

The Chief Executive Officer of Raymos Guana Farms, Mr Raymos Guana, says the decision of the Federal Government to ban rice importation is too...

GM Crops: Between Golden Harvest And Risks

Nigeria is set to introduce genetically modified crops into the country’s farming system starting 2017 with the commercial release of the home-grown genetically modified...

Farmers Leveraging On Govt’s Import Restrictions To Produce More Food

With success stories of good harvests this year, and import restrictions which resulted in competitive prices for farm produce, farmers are warming up to...

FOREX POLICY: Tomato Paste Industry May Shutdown In 2017, Says Union

The Union of Tomato Paste Manufacturers in Nigeria has said the once vibrant tomato industry might stop existing in 2017 if the Central Bank...

Bauchi Flags-Off Anchor Borrower’s Scheme With 20,000 Farmers

Bauchi State government has launched the Anchor Borrower’s Scheme with 20,000 farmers that registered for the scheme. The scheme was initiated by the federal government...

Commodity Price Between December 22, — December 29, 2016

Market Commodity Wholesale Retail Last Week Variance   Measure Price(N) Measure Price(N) P/Kg(N) W(N) R(N) W(N) R(N) Ajah Modern Market, Lagos State.           Drum Beans (Olotu) 100Kg 39,500 Paint Bucket 1,700 445 38,500 1,600 1000 100 Garri (White) 60Kg 7,500 Paint Bucket 700 233 7,500 700 0 0 Maize (White) 100Kg 17,500 Paint Bucket 1,000 263 17,500 900 0 100 Onion (Violet) 100Kg 40,000 Small Basket 800 400 40,000 800 0 0 Palm oil (Red) 25Ltr 22,500 Bottle 750 1,000 22,500 750 0 0 Rice (Imported) 50Kg 21,000 Paint Bucket 1,950 476 21,000 1,950 0 0 Soya Beans 100Kg 24,000 Paint Bucket 1,350 380 24,000 1,350 0 0 Bodija Market,  Oyo State.               Drum Beans (Olotu) 100Kg 25,750 Congo 400 274 26,000 400 -250 0 Garri...

Cotton Farming Faces Extinction

Cotton, one of the nation’s most valuable export tree crops before the oil boom of the 70s, is gradually becoming history in Nigeria despite...

Agric Agency Budgets N73.54m For Local Travels

The National Agricultural Seeds Council (NASC) has budget a sum of N65million to be spent on local travels and transport for training purposes in...

FG Launches N10bn Women In Agriculture Environment Impact Fund (WAEIF)

The Federal Government has kick started the Agricultural Policy through the launch of a N10 Billion Women in Agriculture Environment Impact Fund (WAEIF) in...

‘FG’s Diversification Effort Will Boost Patronage Of Nigerian Products’

The President Muhammadu Buhari-led administration’s efforts to diversify the nation’s economy, have led to a significant boost and patronage of made-in-Nigeria products as well...

Can Africa Feed Itself?

In 2050, when the population of Africa is two and a half times larger than now, the continent will scarcely be able to grow...

Lagos Reviews LAKE Rice Sales, Assures Of Availability

The Lagos State government has again assured residents of the availability of LAKE Rice at designated outlets across the State. The Commissioner for Agriculture, Toyin...