Poultry Farmers Decry Glut of Eggs

The glut of eggs in Plateau state is likely to discourage farmers from further production and cause a collapse in the poultry sector.

The Poultry Association of Nigeria (PAN), has therefore, appealed to the state Government to intervene and mop up the surplus eggs from the farmers.

Mr John Dasar, Chairman of the association, told the News Agency of Nigeria in Jos, that the price of egg had been on a steady decline.

Nigeria, 3 others face famine threat as global food crisis deepens

Global food crises worsened significantly in 2016 and conditions look set to deteriorate further this year in some areas with an increasing risk of famine, a report said on Friday.

"There is a high risk of famine in some areas of north-eastern Nigeria, Somalia, South Sudan and Yemen because of armed conflict, drought and macro-economic collapse," the Food Security Information Network (FSIN) said.

Agriculture: FG to introduce ‘Invent Your Future’ scheme, restructure BOA

Nigeria is to restructure Bank of Agriculture (BOA) to facilitate farmers’ access to loans and encourage youths’ participation in farming.

The Minister of Agriculture and Rural Development, Audu Ogbeh, said that the move was to encourage farming and boost food production.

According to Ogbeh, the bank’s restructuring will bring down the interest rate on loans for farmers and young people who want to go into agro-businesses.

“Once we restructure the Bank of Agriculture, the interest rate will not exceed seven per cent.

World Bank to combat hunger in Nigeria, 5 Others

World Bank Group President Jim Yong-Kim on Thursday said the bank was working toward raising 1.6 billion dollars to build social protection systems to end food insecurity in sub-Saharan Africa and Yemen.

In a statement made available to newsmen by the Head of Communications, World Bank Nigeria in Abuja, Mrs Olufunke Olufon, Yong-Kim said about 20 million people in Nigeria, South Sudan, Somalia and Yemen were on the “tipping point” of famine.

“We at the World Bank Group stand in solidarity with the people now threatened by famine.

Government to give attention to Poultry Business

Poultry business will be given necessary government attention so as to maximise the potentials of the industry, according to the Acting President, Prof. Yemi Osinbajo SAN

Speaking with a delegation of Poultry Association of Nigeria which paid him a courtesy visit recently in his office, the Acting President wondered why poultry business seemed to have been ignored even as agriculture is resurgent. He acknowledged the need to address some of the challenges facing the industry, because it is a significant contributor to the country’s economy

Dangote Plans Rice Mill to Tap Growing Demand

Africa’s richest man, Aliko Dangote is set to Launch Wednesday a new subsidiary Dangote Rice, which will massively plant rice on 25,000 Hectares in Sokoto, Jigawa and Zamfara states, in north west Nigeria.

The rice will be available by the end of this year, possibly before Christmas.

The large scale rice farming has the prospect of providing hundreds of thousands of employment opportunities for the rural inhabitants under an outgrower scheme.

How banks ‘kill’ Nigerian Farmers –Agric Minister

The Minister of Agriculture and Rural Development, Audu Ogbeh, has said that high interest rate from banks remained the bane of financing of agriculture and the development of good agricultural practices.

The minister made the remark while delivering a keynote address at the maiden edition of the Nigeria Food and Safety Investment Forum held at the Eko Hotels and Suites.

FG Seeks increase in Tomato Import Duty to Boost Local Production

Nigeria will increase custom duties for tomato imports and waive tariffs for some farming equipment to stimulate local production and investment in the agriculture sector, its trade minister said on Wednesday.

"We are going to go up. We will be announcing what the new tariffs are but clearly there is a new set of tariffs," Okechukwu Enelamah told reporters, without giving details.

Reuters reports that Customs duties on some greenhouse equipment currently amounting to as much as 20 percent would be removed.

Scientists find crop-destroying caterpillar spreading rapidly in Africa

Scientists tracking a crop-destroying caterpillar known as armyworm say it is now spreading rapidly across mainland Africa and could reach tropical Asia and the Mediterranean in the next few years, threatening agricultural trade, Reuters reports.

In research released on Monday, scientists at the Britain-based Centre for Agriculture and Biosciences International (CABI) said the pest, which had not previously been established outside the Americas, is now expected to spread "to the limits of suitable African habitat" within a few years.

Rice Farmers Target High Production

The Rice Farmers Association of Nigeria in Bayelsa, on Saturday said it would produce no fewer than 180, 000 metric tons of rice from Ayamasa and Ofoni fields in the state.

Mr Ezikeil Ogbianko, the association’s chairman, told the News Agency of Nigeria in Ofoni, Sagbama Local Government Area of Bayelsa that it had acquired 10, 000 hectares of land in the two sites.

“We have gotten the land, 5, 000 hectares each from the two communities making it 10, 000.