The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has warned that global cocoa prices may once more exceed $10,000 per tonne in coming seasons, pointing to a steep decline in West African production. In a statement signed by COCEFAAA Global President Comrade Adeola Adegoke, the association blamed the
The Africa Finance Corporation (AFC) has approved a $600 million financing package to support the next phase of expansion at Dangote Group’s fertiliser business, a move expected to strengthen agricultural productivity and food security across Africa. The funding was extended to GreenView Fertilizer Corporation, the holding company for Dangote Fertiliser,
The Federal Government has inaugurated a Technical Working Group (TWG) on Agricultural Produce Residue Standards as part of efforts to strengthen food safety systems, improve the quality of agricultural exports, and increase Nigeria’s competitiveness in international markets. The inauguration took place on Monday in Abuja, where the Minister of State
A food security expert, Afioluwa Mogaji, has cautioned that the predicted flooding across 33 states could trigger a fresh rise in food prices and threaten food availability in the latter part of the year if preventive measures are not implemented immediately. Mogaji, popularly known as AfricanFarmer Mogaji, said decisions taken
The Taraba State Livestock Productivity and Resilience Support Project (L-PRES) has initiated the procurement process for critical infrastructure projects aimed at transforming livestock production and improving the livelihoods of pastoralist communities across the state. The projects, supported by the World Bank, will provide water facilities, livestock support infrastructure and environmental
Artificial Intelligence (AI) could deepen economic inequalities between advanced and developing economies unless governments invest urgently in digital infrastructure, skills development and institutional readiness, according to a new report by the International Monetary Fund (IMF). The warning is contained in Global Economic and Financial Implications of Artificial Intelligence: Lessons from
The Bauchi State Emergency Management Agency (SEMA) has advised farmers across the state to cultivate drought-tolerant and early-maturing seed varieties to reduce the risk of crop losses during the farming season. The Director of Relief and Rehabilitation at the agency, Adamu Nayola, gave the advice on Wednesday in Bauchi, stressing
Stakeholders have called for a review of the National Biosafety Management Agency (NBMA) Act to institutionalise a multi-agency framework for the approval and release of genetically modified organisms (GMOs) in Nigeria. The recommendation was made during separate interviews at a media training programme on “Biosafety and Agroecology” organised for journalists
The Federal Government has unveiled measures to improve poultry production, by strengthening oversight of import allocations and introducing stricter performance-based monitoring across the industry to address supply shortages and improve access to day-old chicks. The plans were disclosed in a statement signed by Henrietta Okokon, Deputy Director, Information and Public
As rising freight costs and tightening supply chains unsettle fertiliser markets across Africa, Nigeria has quietly avoided the worst of the disruption. Through PFI NPK Limited, the wholly owned subsidiary of the Ministry of Finance Incorporated (MOFI) and implementation vehicle for the Presidential Fertiliser Initiative (PFI), the Federal Government secured
