All posts tagged "Nigeria Agriculture"
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Agric Sector not Supported by Banks- RenCap
The Agric sector is suffering primarily because banks are not being deployed to support the real sector of the economy, says Renaissance Capital (RenCap). Based on a RenCap report, major contributors in terms of lending...
- Posted October 22, 2012
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Agribusiness to Get $6.5 billion Annual Support
The Central Bank of Nigeria (CBN) and banks are working on the implementation of new plans aimed at helping farmers financially, and making available encouraging fiscal policies for their operations. CBN said the Agribusiness sector needs...
- Posted October 17, 2012
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Rockefeller Foundation to Partner FG on Agriculture Transformation
The Rockefeller Foundation disclosed yesterday that it is partnering the Goodluck Jonathan administration in its Agriculture Transformation Agenda. President of the Foundation, Judith Rodin, said that she felt the country could emerge the agricultural hub of the...
- Posted August 15, 2012
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Expect High Agricultural Yields due to Favorable Rains in 2012 – NIMET
The Nigerian Meteorological Agency (NIMET) has stated Nigeria’s Agricultural output will be above par this year due to the good rainfall predicted this year. In a report titled “Seasonal Rainfall Prediction and Socio-economic Implications for Nigeria,” the...
- Posted March 2, 2012
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Nigeria to end Menace of Imported Rice by 2015 – Akinwumi Adesina
Sequel to the Federal Executive Council (FEC) meeting held yesterday, the Federal Government has approved the establishment of 100 industrial rice mills across the country within the next 12 to 18 months. The Minister of Agriculture addressing...
- Posted March 1, 2012
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FG Pledges $15 Million to IFAD, Plans to Increase Agric Output to $ 300 Billion
The Federal Government plans to boost the impact of agriculture on the Nigerian economy three-fold from the present $ 99 billion to $ 300 billion by the year 2030. Minister of Agriculture and Rural Development, Akinwumi Adesina,...
- Posted February 28, 2012
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30,000 Hectare Rice Farm Underway in Taraba Courtesy of FG
The Federal Government in conjunction with the Taraba State government has unveiled concrete plans to establish a 30,000 hectare rice farm in Taraba, capable of producing 300,000 tonnes of Rice per annum. This development will lead to...
- Posted February 17, 2012