Nigeria revives 18 moribund fertiliser blending plants

Fertiliser blending plants

Of the 32 moribund fertiliser blending plants in Nigeria, 18 of them are now operational following a rehabilitation under the Presidential Fertiliser Initiative (PFI) scheme, the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) have said in a report monitored by business a.m. Thomas Etuh, FEPSAN president said only six fertiliser plants were working at […]

N4.5 billion moribund Songhai farms may go commercial

Songhai Farms

The Rivers state owned N4.5 billion Songhai farm, which has become moribund as a result of government’s neglect, may get a new lease of life soon as the state is considering commercialization for its revival. Tammy Jaja, the centre manager, reacting to the deplorable state of the farm established by former governor, Chibuike Amaechi, in […]

Kebbi Govt. secures N1.5bn World Bank loan to boost fish, livestock farming

World Bank

The Kebbi Government has secured N1.5 billion loan to provide financial support to fishermen and livestock farmers to consolidate the achievements recorded in agricultural production as major revenue earner in the state. The Governor of the state, Alhaji Abubakar Bagudu, made this known during media chat in Birnin Kebbi on Wednesday. He said “we have […]

World Bank to introduce Fadama III livestock project in Bauchi

World Bank

The World Bank under its Fadama III Additional Financing Project will soon introduce Livestock Production and Resilience Support Project in Bauchi State. The leader of Task Team of the project, Dr Adetunji Oredipe, made the disclosure in Bauchi on Thursday when the team paid a courtesy visit on the State Commissioner for Agriculture and Natural […]

LCCI wades in to help SME farmers access finance for agric development

LCCI

The federal government has unusually widened its scope of financial interventions to Small and Medium Enterprises in the agricultural sector. Yet, many players are caught in the web of inaccessibility. But the Lagos Chamber of Commerce and Industry (LCCI) Agriculture and Agro-Allied Group recently veered into demystifying the procedural aspects of accessing the Central Bank […]

Buhari seeks increased agric financing from AFREXIM

President Muhammadu Buhari has requested the African Export-Import Bank (AFREXIM) to bump up its agriculture financing provisions in alignment with the diversification priorities of the administration, according to a monitored report of a meeting he had with officials of the bank. The president made the request when he received the president of the bank and […]