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The Central Bank of Nigeria (CBN) has lamented that farmers refuse to pay back the loans obtained under the Anchor Borrowers’ Programme (ABP), believing it’s ‘national cake’. “Many of the farmers refused to pay back their loans due to misconception that since CBN is the lender, the loan is a ‘national cake’ and they do not have to pay back what they consider theirs as citizens,” Sadeeq Ajayi, a spokesperson for CBN said on Wednesday....

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The Ondo government says it has concluded plans to use agriculture to discourage youths in the state from engaging in money rituals. Akin Olotu, Senior Special Assistant to Governor Rotimi Akeredolu on agriculture and agribusiness, disclosed this on Thursday in Akure when the executives of the Nigeria Union of Journalists (NUJ), Ondo council, paid him a courtesy visit. Olotu, who noted that opportunities abound in agriculture, revealed that some youths in the state had started...

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The National Bureau of Statistics (NBS) has concluded an arrangement to conduct Agriculture Census in Nigeria with support from the World Bank. The Director of Demography and Household Statistics at the National Bureau of Statistics, Mr. Yemi Adeniran, said already, the Bureau has organized a sensitization seminar for stakeholders in Keffi, Nasarawa State, and a previous training programme for the enumerators.  “The Agric Census will provide a statistically sound base of information for policymakers, both...

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ENUGU — In Enugu, 260 youths have benefitted from Enugu State Government agricultural intervention; the beneficiaries picked across the 17 Local Government Areas in the state embarked on an all-expense trip to CSS Global Farms Keffi, in Nasarawa state. The young farmers are to be trained in modern agriculture for 2 weeks at the agricultural training facility in Keffi and as projected by the state government, they are expected to become business entrepreneurs with high...

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Minister of State for Agriculture and Rural Development, Mustapha Shehuri, says the use of tricycles would ease transportation for smallholder farmers and their produce. The use of tricycles would ensure easy movement of food and agro-allied products and generate wealth for Nigerian farmers, the minister said. He made the remarks in Abuja on Tuesday when the President of All Farmers Association of Nigeria (AFAN), Alhaji Farouk Mudi, and representatives of a Nigerian company and their...

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ABUJA — The Federal Government has banned direct sales of farm products between indigenous farmers and foreign investors. The new regulation which is to ensure that Nigerian farmers are not shortchanged now mandates all foreign nationals to go through licensed local buying agents to do business with the farmers. The Minister of Trade and Investment, Niyi Adebayo, disclosed this to State House Correspondents shortly after Wednesday’s virtual Federal Executive Council meeting presided over by Vice...

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ABUJA — Akinwumi Adesina, the President of the African Development Bank (AfDB), has on Wednesday emphasized the importance of technology, and recalled how it was deployed during his tenure as Minister of Agriculture in Nigeria. Adesina served as Minister under the administration of former President Goodluck Jonathan from 2011-2015. Shortly after, he emerged as the first Nigerian to become AfDB President, a position he currently occupies. Speaking during the Conferment of Honorary Doctorate of Technology...

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Food and beverage company, Nestlé, is to give direct payouts to cocoa farmers in a bid to remove child labour from its supply chain. The organisation will also invest more than $1.4 billion over the next decade in a new programme aimed at helping cocoa-farming families to close the living income gap. Nestlé made the announcement at a virtual launch of a plan aimed at combating child labour in the cocoa industry. The initiative followed...

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YOLA — Rev. Fr. Professor Anthony Bature, the Executive Director, Foundation for Peace, Hope and Conflict Management (HPHCM) says that agriculture remains a veritable means of eradicating poverty and ending food insufficiency in any nation. Nature made this known at a workshop organized by the Foundation on how the youths who are going about seeking white-collar jobs can take advantage of modern agricultural technologies and desist from shifting blame by making use of the available...

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KANO — Over 14,250 small holder farmers received inputs under its Agro-Pastoral Development Project (KSADP), supported by the Islamic Development Bank (IsDB) from the Kano State government. Gov. Abdullahi Ganduje while speaking at the event in Kano said the empowerment was also to assist in ensuring food security in the state. “The inputs worth millions of naira for livestock fattening and reproduction schemes, were given to 3,000 women and youths while inputs for crop residue...

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