The Federal Government has announced plans to organise an agriculture and food security summit this year. The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, disclosed this during a meeting with Dr Donal Brown, Associate Vice-President, International Fund for Agricultural Development (IFAD), on Tuesday in Abuja. He said the summit aimed to bring together a diverse community of organizational partners and strategic stakeholders representing the public, private and social sectors. Kyari said stakeholders would be committed to making innovation and new technologies for Inclusive Agri-Food System Transformation and Smallholder farmers’ empowerment. He commended IFAD for being a formidable force…
Author: Editor
President Bola Tinubu has approved the appointment of the most senior director in the FCT Administration (FCTA), Mr Udo Atang as its pioneer Head of Civil Service Commission.
ASHENEWS reports that President Bola Tinubu has approved the appointment of Dr. Dayo Mobereola to serve as the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA).
The Nigerian Exchange Ltd. (NGX) market capitalization, which opened at N57.697 trillion on Tuesday, gained N836 billion or 1.45 percent close at N58.533 trillion. Also, the All-Share Index rose by 1.45 percent or 1,480 points to close at 103,524.44, as against 102,044.84 recorded on Monday. As a result, the Year-To-Date (YTD) return rose to 38.45 percent. Interest in Telco heavyweight and Tier-one banks such as MTN Nigeria, UBA, Access Corporation, Guaranty Trust Holding Company (GTCO) and sustained interest in Transcorp Power (TransPower) kept the market in the green. Market breadth closed positive with 35 gainers and 14 losers. On the…
Unity Bank Plc will be partnering SkillPaddy in its “Count Her In” tech programme to empower 1,000 female beneficiaries in software engineering.
Nigeria loses N94 billion annually to palm oil importation says Prof. Kehinde Owolarafe of the Department of Agriculture and Environmental Engineering, Obafemi Awolowo University (OAU), Ile-Ife, on Tuesday. Owolarafe said this at a one-day sensitisation workshop for oil palm producers, processors, distributors, marketers, retailers and users, on Tuesday in Osogbo. The workshop was organised by the Standards Organisation of Nigeria (SON), with the theme “Promoting Palm Oil Value Chain Via Standardisation. According to the don, between 1920 and 1960, Nigeria was the leading producer and exporter of palm oil in the world. “But sadly, Indonesia and Malaysia now lead in…
The First Lady, Sen. Oluremi Tinubu, has urged the women to participate in digital revolution to develop their socio-economic and political status. Tinubu, represented by Salamatu Gbajabiamila, made the call at a handover ceremony of National Information Technology Development Agency (NITDA) digital economy centre. She said technology played a vital role in advancing gender equity; as such women should leverage on it to promote and sustain their status. The event was organised in collaboration with the Renewed Hope Initiative (RHI) Social Investment Programme, Maryam Babangida Women Centre, Abuja. “Through access to technology, we can contribute meaningfully to economic growth, innovation,…
The Director of the Food Technology Department at the Federal Institute of Industrial Research (FIIRO), Dr Bolanle Oluwole, has expressed confidence in the institute’s ability to address the issue of food insecurity in the nation. In an interview on Tuesday in Lagos, Oluwole said that FIIRO has the capacity for effective food processing and preservation solutions in Nigeria. She emphasized that the current challenges of inadequate food supply and high costs could be alleviated through leveraging FIIRO’s capabilities. “Since the minister’s visit recently, he has seen what FIIRO can offer, the potential of FIIRO and the current and future potentials…
The pension fund assets have appreciated by N1.17 trillion to N19.53 trillion as of January 31, as against N18.36 trillion recorded on December 31, 2023. This is contained in the National Pension Commission’s (PenCom’s) unaudited report on the Pension Funds Industry Portfolio for the period ended January 31. PenCom said that N12.14 trillion of the fund was invested in the Federal Government’s securities. On the breakdown, the commission said that N11.59 trillion was invested in bonds, while treasury bills gulped N221.81 billion. ALSO READ: CBN’s anchor borrowers, ways and means: Senate inaugurates probe committee Others, it added, were agency bonds…
The All Farmers Association of Nigeria (AFAN), on Tuesday dissociated itself from a notice asking its members to apply for loans and to make certain payments into a commercial bank account.