2016 budget |
Pages
▼
Thursday, 31 December 2015
The 2016 budget
Rice and the Economy
rice |
Saturday, 26 December 2015
We link up women to a better agricultural skill says Chairperson NNEW
NECA’s Network of Entrepreneurial Women (NNEW) |
The chairperson, NECA’s Network of
Entrepreneurial Women (NNEW), Mrs. Ekaette Umoh has assured female farmers who
are interested in taking agriculture as a business more skill acquisition
through linking them up with appropriate institution for more technical knowledge
of standard practicing of farming towards making profit and good living.
IITA Cassava Weed Management Project signs MoU with SON
The Cassava Weed Management Project |
The Cassava Weed Management Project, which is being managed
by the International Institute of Tropical Agriculture (IITA), has signed a Memorandum
of Understanding with the Standards Organization of Nigeria (SON), an agency of
the Federal Government of Nigeria that ensures manufactured products entering
Nigerian market give the required degree of satisfaction to consumers through
compliance with government policies on standardization and conformity
assessment.
Nigeria enlists in Integration project by Consultative Group of International Agricultural Research
In a bit to ensure proactive food security, the
Consultative Group of International Agricultural Research (CGIAR) has listed
Nigeria to join other countries of the world towards ensuring an integrated
project site for proper alignment and harmonization of National and International
activities going in the country as related to farming.
ORF, PPR (Paste Dit Petid Ruminantivin), KATA- a serious disease affecting livestock and man
scabby lesions on the lips and nostrils of affected goat |
ORF, PPR ( Paste Dit Petid Ruminantivin), KATA are all names to identify this highly contagious viral disease that causes painful scabby lesions on the lips and nostrils of affected sheep’s and goats during 9days incubation period. It is a significant welfare problem for both sheep and goats not just in Nigeria but worldwide and is regarded as being in the top 20 most important viral diseases affecting the rural poor in developing countries.ORF is a zoonotic infection (which can spread from animals to humans) so it also poses a significant health risk to humans who come in contact with infected animals.
CEO, King Aliba Farms explains why is planting exotic crops
The Chief
Executive Officer (CEO) King Aliba Farms has thrown more light on the economic
importance of exotic fruits and vegetable to health and food security saying is
very popular among the rural people in the country. Read his excerpt with us
the convention of the organic stakeholders at Abuja.
Can you introduce yourself sir?
I am Taoheed Bala Usman, the Chief Executive, King Aliba
Farms, a farmer and government worker.
Ethnol : Ekiti state partners NCGA for production- *agric commissioner cautions Fulani herdsmen *
1.
Ekiti State Agric Commissioner, Hon. Peter
Kehinde Odebunmi with PS Engr. E.O Abegunde
|
The
Ekiti state government under the directive of Mr. Ayodele Peter Fayose has
approved 100 hectares of land to Nigeria Cassava Grower Association of Nigeria
(NCGA) for the plantation of cassava tubers towards the production of ethanol
just as the agric commissioner of the state also emphasized the need to curb
the nefarious activities of herdsmen who are intentionally destroying farms in
the state.
IITA wins Outstanding Research Award, dedicates to farmers
Director General, IITA, Dr. Nteranya Sanginga, |
The
International Institute of Tropical Agriculture has received the Outstanding
Research Institute award from the Nigeria-based Centre for Values in Leadership (CVL). IITA
was honored for its sterling leadership in agricultural research in Nigeria in
particular, and sub Saharan Africa in general.
Community Based Seed Production- practicable strategy for Nigeria seed system development Emmanuel Sangodele N2Africa-Nigeria
CURRENT SEED SYSTEM SCENARIO
•No
sustainable supply of improved and appropriate varieties to different category
of farmers in the community
•Government
interference in the seed business
•Lack
of synergy of different seed system development scheme
•Lack
of continuity of various initiatives and intervention
•Lack
of enough human resources to handle mammoth load of certification and seed
quality control
•Low
rate of adoption of improved varieties
•Lack of effective seed production plan
Editorial Banning rice import through land, right decision
The decision of the senate chamber to suspend the idea initiated by the Nigeria Custom Service (NCS) is a sign of responsiveness to people’ yearning towards rice development in Nigeria. Although this has generated a lot of arguments and counter arguments just as many observers have expressed their contradiction against the world trade agreement which logically may not be logical in the case of Nigeria based on her economic challenges and the need to develop our agricultural sector with backward integration policy that will encourage local production thereby creating jobs and encouraging farmers.
The newly constituted NACOTAN promises development
The newly
elected president of the National Cotton Association of Nigeria (NACOTAN) Mr.
Anibe Achimugu has indicated about thirteen ways the produce would be
positively repositioned towards achieving the vision of President Mohammudu Buhari’s
backwards integration policy of the economy to non oil sector of agriculture
for wealth and job creation.
Senate orders custom suspend lifting ban of rice through land borders
Senator Barau Kibrin, Kano North |
The Nigeria
Senate chambers has nullified the custom proposal of lifting ban of rice through
the road borders saying all imported rice should go through the sea port for
proper accountability and monitoring.
RIFAN chairman says Nigeria can be rice sufficient
The
Chairman, Rice farmers association of Nigeria (RIFAN), Kano state chapter,
Alhaji Abubakar H. Aliu has advocated the continuation of the policy of rice acceleration
towards self sufficiency using the growth enhancement scheme of inputs and
mechanization to ensure expanded production to substitute importation. Read his
excerpts below.
BOA MD Advocates Naira devaluation, says farmers will benefit more, opens plans on irrigation farming
Prof. Danbala Danja |
The Managing
Director of the Bank of Agriculture (BOA) Prof. Danbala Danja has said that the
devaluation of Nigerian currency would enhance economic activities at the grassroots
as agricultural produce will be more exportable thereby enhance micro economic
activities at the rural areas just as he hinted a plan towards mechanized farming
in about ten pilot states using irrigation technologies.
Stakeholders disagree on last administration performance - *Minister commends
At the Stakeholder conference organized by Daily
Trust Fund, RT- MD Nig. Comm Exchange,
Mrs Zaheera Baba-Ari, NAIC MD, Mr. Bode Opadokun, Sen. Abdullahi Adamu and
others.
|
NASC to burn fake seeds, says there is improvement in quality
The National Agricultural Seeds Council (NASC) between
November and December may have destroyed about 80 kilogramme confiscated grains
in the year 2015 market raid that was carried out in about five locations of Kano,
Zaria, Ibadan, Gusau and Zamfara to rid the sector of adulterated and fake
seeds in the circulation thereby ensuring food security through improved
quality seeds sold to farmers.
Organic agriculture: need for clear policy to check challenges says former Jigawa Military administrator
The former
Military Administrator in Jigawa state, Col. Abubakar Malayia has said that
government need to provide a very clear policy for the practice of organic
agricultural practice to reduce challenges that practitioners faced towards
achieving more potent food security in the country. Read the rest of his
excerpts below.
Mallam El Rufai urges horticulturists to challenge climate change by land reclamations
Sunday, 20 December 2015
World Bank to commit $500m to Northern Nigeria’s irrigation projects
The World Bank has earmarked $500 million for the revival of
irrigation farming in Northern Nigeria through the rehabilitation of
infrastructure in all parts of the region Kano State Governor, Dr
Abdulahi Umar Ganduje confirmed this when he played host to the Task
Team leader of the World Bank Assisted Commercial Agriculture
Development Project, Dr. El- Hadj Adama Toure, in his office.
The governor lauded the Breton Woods institution for the intervention which he described as desirable in view of the potential benefits to Northern region’s economy and by extension, the nation’s development. Gov Ganduje promised that his administration would sustain its collaboration with the World Bank as a strategic option for promoting commercialization of agriculture in the state.
He explained that in spite of the dwindling revenue from the Federation Account, his administration would embrace and promote commercial agriculture on a sustainable manner while also assuring that the state government would provide its counterpart funds for the project soon.
“We must come back to the drawing board, we must till the soil and get what is coming out from the soil which is more reliable, more dependable and more sustainable”, he said. The Governor, described the Commercial Agriculture Development Project as timely in view of the importance of agriculture as the mainstay of the state’s economy and the Federal government’s plan to ban the importation of rice and wheat importation into the country.
Earlier, the Task Team leader told the governor that, Nigeria’s Commercial Agriculture Development Project (CADP) was designed in 2009 to strengthen agricultural production systems and facilitate access to markets for eight agricultural value chains in five pilot states.
He disclosed that $150 million intervention fund would impact on 50,000 small and medium commercial farmers in five Nigerian states including, Kano, while many households will benefit indirectly through farm access roads, energy and market spillover effects.
The governor lauded the Breton Woods institution for the intervention which he described as desirable in view of the potential benefits to Northern region’s economy and by extension, the nation’s development. Gov Ganduje promised that his administration would sustain its collaboration with the World Bank as a strategic option for promoting commercialization of agriculture in the state.
He explained that in spite of the dwindling revenue from the Federation Account, his administration would embrace and promote commercial agriculture on a sustainable manner while also assuring that the state government would provide its counterpart funds for the project soon.
“We must come back to the drawing board, we must till the soil and get what is coming out from the soil which is more reliable, more dependable and more sustainable”, he said. The Governor, described the Commercial Agriculture Development Project as timely in view of the importance of agriculture as the mainstay of the state’s economy and the Federal government’s plan to ban the importation of rice and wheat importation into the country.
Earlier, the Task Team leader told the governor that, Nigeria’s Commercial Agriculture Development Project (CADP) was designed in 2009 to strengthen agricultural production systems and facilitate access to markets for eight agricultural value chains in five pilot states.
He disclosed that $150 million intervention fund would impact on 50,000 small and medium commercial farmers in five Nigerian states including, Kano, while many households will benefit indirectly through farm access roads, energy and market spillover effects.
CBN urges farmers to add value to farm produce
The Central Bank of Nigeria has tasked farmers in the country with striving towards adding value to their farm produce in order to prevent waste and to earn more on them.
The Assistant Director, Development and Finance Department of CBN, Mr. Babatunde Okulaja, gave this advice in Osogbo on Thursday at a training session organised by the apex bank.
Okulaja said one of the recent innovations of the CBN to restructure the nation’s economy was an initiative called Produce, Add Value and Export.
Okulaja stated that a fresh sum of N220bn had been released to beneficiaries under the CBN’s Micro, Small and Medium Enterprises Development Fund adding that 60 per cent of the fund would provide financial services to women-driven enterprises.
According to him, some of the available schemes of the apex bank are: Agricultural Credit Guarantee Scheme Fund; Agricultural Credit Support Scheme; Commercial Agriculture Credit Scheme; Nigeria Incentive-based Risk Sharing System for Agricultural Lending and Anchor Borrower’s Programme.
The EU Export Ban: Can SON bail Nigeria out?
For some time now, the Nigerian dried beans have been prevented from
entering into the European market for failing to meet the European food
safety requirements. This suspension, it is learnt, has been on since
June this year and will remain in force until June 30, 2016, when it may
be removed provided Nigeria is able to provide sufficient guarantees of
compliance to the European food safety regulations.
Dried beans is not the only Nigerian product that is under ban in Europe but also such products as dried meat, smoked fish, peanut chips, palm oil, melon seeds and sesame seeds. And unconfirmed reports said that many other Nigerian commodities may follow if proactive measures were not taken by the government to mitigate the situation by addressing the issues that necessitated the suspensions.
Recently, the head of the European Union (EU) Delegation to Nigeria, Mr. Filip Amato, was quoted in the media as saying that the suspension of the importation of dried beans from Nigeria was as a result of over 50 rejections of the commodity in the European market. According to Amato, the rejection was traced to the overdose of “unauthorized pesticide, dichlovos,” used in the preservation and processing of the dried beans in Nigeria.
These bans raise serious concerns over the direction of the nation’s economy when viewed against the backdrop of the downward trend in the oil price in the international market. Since last year, the price of oil, the mainstay of the nation’s economy, has continued to plummet. This thus re-enforces the calls by the organized private sector (OPS) for the urgent need to diversify the nation’s economy. The OPS specifically, called for the re-invigoration of the agriculture sector, which used to be the cash cow of the nation’s economy before oil took the front seat.
In fairness to the government, proactive measures have been taken to upgrade the non-oil sector especially the agriculture. The immediate past administration did quite remarkably a lot in this regard and which the present regime of President Muhammadu Buhari has acknowledged and promised to improve on.
However, the real issue now is how to make the Nigerian agricultural products acceptable in the international market. It is against this backdrop that the recent concerns raised by the media, the National Assembly and lately the Federal Executive, which recently inaugurated an inter-agency committee charged with achieving zero rejection of Nigeria food products, can be appreciated. The Standards Organization of Nigeria (SON) is a member of the committee.
Given its mandate, it is the responsibility of SON to save the country from these frequent embarrassments by the nation’s international trade partners. SON should drive the policy of Made-in-Nigeria for the World (MINFOW) by ensuring that all the products leaving the shores of this country meet the required international standards. Anything short of this will be unacceptable.
As stated in the foregone paragraphs, the EU is not in a hurry to remove the ban on the dried beans even in 2016 unless it sees sufficient guarantees on the issues raised regarding the European food safety regulations and the commitment to consistently follow the regulations. It is, therefore, the duty of the SON to ensure that the Nigerian dried beans and other Nigerian banned products, re-enter the European market and other parts of the world.
Also, according to media reports, the EU ban of the Nigerian products is largely on account of the nation’s long-standing quality infrastructure deficit. According to analysts, it is also for this reason that Nigeria could not maximize the window provided AGOA provided by the United States Government to give Africa the opportunity to access the American market.
What this means is that Nigeria must upgrade her quality infrastructure, whose components I gathered, include standards, testing labs, metrology, certification, accreditation and legislation. For instance, it takes metrology to develop standards and testing/measurement devices. It takes testing to discover overdose of a chemical. It takes standards to know the pesticide that is authorized and unauthorized. It takes certification and accreditation to separate the reliable laboratories and professionals from the- not –so- reliable. It also takes legislation to establish the administration that harmonizes the disparate technical regulatory bodies in the standardization system. SON must as a matter of urgency ensure that all these are in place.
SON Director General, Dr. Joseph Odumodu, was recently reported as saying that the agency is doing something to address all these issues. In fact, he stressed the need for National Quality Infrastructure (NQI), adding that this would put a halt to disgraceful threats such as the EU ban of the Nigerian products.
According to him, this involved bringing up dilapidated laboratories to world class so that they can be accredited and then having an accredited lab for each product in which Nigeria has comparative advantage or strategic interest. That means having at least 19 accredited laboratories in the near future. Only accredited labs are internationally trusted for valid test reports (scientific proofs of quality).
According to Odumodu, SON Food Technology Labs have won accreditation for both biological testing and chemical testing while 10 others are already undergoing accreditation tests. Thus, what this translates to is that products certified in Nigeria within its competences are acceptable without further testing anywhere in the world.
Odumodu also said that quality being a matter of measurement of accuracy; metrology is witnessing a massive build-up.
The metrology upgrade started with the upgrade of the metrology unit to a well-equipped department with two mobile units for calibration at distant sites and with staff that have been trained in some of the world’s renowned national metrology institutes. He must act fast.
Dried beans is not the only Nigerian product that is under ban in Europe but also such products as dried meat, smoked fish, peanut chips, palm oil, melon seeds and sesame seeds. And unconfirmed reports said that many other Nigerian commodities may follow if proactive measures were not taken by the government to mitigate the situation by addressing the issues that necessitated the suspensions.
Recently, the head of the European Union (EU) Delegation to Nigeria, Mr. Filip Amato, was quoted in the media as saying that the suspension of the importation of dried beans from Nigeria was as a result of over 50 rejections of the commodity in the European market. According to Amato, the rejection was traced to the overdose of “unauthorized pesticide, dichlovos,” used in the preservation and processing of the dried beans in Nigeria.
These bans raise serious concerns over the direction of the nation’s economy when viewed against the backdrop of the downward trend in the oil price in the international market. Since last year, the price of oil, the mainstay of the nation’s economy, has continued to plummet. This thus re-enforces the calls by the organized private sector (OPS) for the urgent need to diversify the nation’s economy. The OPS specifically, called for the re-invigoration of the agriculture sector, which used to be the cash cow of the nation’s economy before oil took the front seat.
In fairness to the government, proactive measures have been taken to upgrade the non-oil sector especially the agriculture. The immediate past administration did quite remarkably a lot in this regard and which the present regime of President Muhammadu Buhari has acknowledged and promised to improve on.
However, the real issue now is how to make the Nigerian agricultural products acceptable in the international market. It is against this backdrop that the recent concerns raised by the media, the National Assembly and lately the Federal Executive, which recently inaugurated an inter-agency committee charged with achieving zero rejection of Nigeria food products, can be appreciated. The Standards Organization of Nigeria (SON) is a member of the committee.
Given its mandate, it is the responsibility of SON to save the country from these frequent embarrassments by the nation’s international trade partners. SON should drive the policy of Made-in-Nigeria for the World (MINFOW) by ensuring that all the products leaving the shores of this country meet the required international standards. Anything short of this will be unacceptable.
As stated in the foregone paragraphs, the EU is not in a hurry to remove the ban on the dried beans even in 2016 unless it sees sufficient guarantees on the issues raised regarding the European food safety regulations and the commitment to consistently follow the regulations. It is, therefore, the duty of the SON to ensure that the Nigerian dried beans and other Nigerian banned products, re-enter the European market and other parts of the world.
Also, according to media reports, the EU ban of the Nigerian products is largely on account of the nation’s long-standing quality infrastructure deficit. According to analysts, it is also for this reason that Nigeria could not maximize the window provided AGOA provided by the United States Government to give Africa the opportunity to access the American market.
What this means is that Nigeria must upgrade her quality infrastructure, whose components I gathered, include standards, testing labs, metrology, certification, accreditation and legislation. For instance, it takes metrology to develop standards and testing/measurement devices. It takes testing to discover overdose of a chemical. It takes standards to know the pesticide that is authorized and unauthorized. It takes certification and accreditation to separate the reliable laboratories and professionals from the- not –so- reliable. It also takes legislation to establish the administration that harmonizes the disparate technical regulatory bodies in the standardization system. SON must as a matter of urgency ensure that all these are in place.
SON Director General, Dr. Joseph Odumodu, was recently reported as saying that the agency is doing something to address all these issues. In fact, he stressed the need for National Quality Infrastructure (NQI), adding that this would put a halt to disgraceful threats such as the EU ban of the Nigerian products.
According to him, this involved bringing up dilapidated laboratories to world class so that they can be accredited and then having an accredited lab for each product in which Nigeria has comparative advantage or strategic interest. That means having at least 19 accredited laboratories in the near future. Only accredited labs are internationally trusted for valid test reports (scientific proofs of quality).
According to Odumodu, SON Food Technology Labs have won accreditation for both biological testing and chemical testing while 10 others are already undergoing accreditation tests. Thus, what this translates to is that products certified in Nigeria within its competences are acceptable without further testing anywhere in the world.
Odumodu also said that quality being a matter of measurement of accuracy; metrology is witnessing a massive build-up.
The metrology upgrade started with the upgrade of the metrology unit to a well-equipped department with two mobile units for calibration at distant sites and with staff that have been trained in some of the world’s renowned national metrology institutes. He must act fast.
Price of Benny Seeds Drops in Jigawa
Benny seeds |
The price of Benny seeds, also known as Sesame seeds, has dropped in major markets in Jigawa due to low patronage of the produce. Sesame seeds are a staple in Nigeria and are core ingredients of baby foods.
According to reports from the News Agency of Nigeria (NAN), the price has dropped by about 50 percent at the Hadejia and Gujungu markets since the commencement of the harvest season.The price of the commodity now sells at ₦10, 500, as against ₦20, 000 last season.
Traders at the market attributed the situation to increase in the supply of the produce from the farms, amid low demand. A trader at the market, Alhaji Shehu Malammadori, said prices would further go down due to lack of buyers.
“The produce sold at ₦20, 000 per bag last year, due to high demand and good marketing arrangements adopted by the previous government in the state.We have in stock more than 3, 000 bags of the produce, but there are no buyers,’’ he said.
Alhaji Sale Harka, Chairman, Hadejia Farmers’ Association, said the decrease in prices has exposed farmers to losses and is discouraging farmers, thereby making Benny seeds cultivation less attractive.
INFORMATION MANAGEMENT, AGRICULTURE AND CHALLENGES OF ILLITERACY
agricultural sector |
The effectiveness of data in the agricultural sector
can never be over stated. This is due to its relevance and suitability
to the 21st century global agricultural trend. The validity
of data and its usefulness in decision making, innovation and positive
impact in the sector leaves no doubt in an objective mind.
While the low literacy level of farmers continues to pose a challenge to the awareness level and growth of the sector, the lack of access to information has been decried by stakeholders.
For any country to maximize its agricultural productivity and guarantee food security, access to information and awareness programs on agricultural practices is necessary in ensuring food security. Accessible information on modern agricultural technology and its usage will enable improved cultivation, harvest and storage, which will reduce famine and improve the nation’s all round health and wealth.
However, there is much room for improvement on farmers’ information literacy. All media channels should be explored to create awareness in local languages, to encourage understanding and implementation of ideas and to execute programs in the easiest ways possible. This calls for a well equipped farm community hall, where farmers could meet and be addressed on their information needs.
Since most farmers are not literate, adult evening education sessions could be organised for them to boost their literacy levels, and enable them to be able to read and write. Thenceforth, they will be able to address their needs through reading agricultural magazines, newspaper columns on agriculture, and relevant online materials, and be able to make concrete decisions on issues such as the use of pesticides and manure, right on time and as appropriate.
While the low literacy level of farmers continues to pose a challenge to the awareness level and growth of the sector, the lack of access to information has been decried by stakeholders.
For any country to maximize its agricultural productivity and guarantee food security, access to information and awareness programs on agricultural practices is necessary in ensuring food security. Accessible information on modern agricultural technology and its usage will enable improved cultivation, harvest and storage, which will reduce famine and improve the nation’s all round health and wealth.
However, there is much room for improvement on farmers’ information literacy. All media channels should be explored to create awareness in local languages, to encourage understanding and implementation of ideas and to execute programs in the easiest ways possible. This calls for a well equipped farm community hall, where farmers could meet and be addressed on their information needs.
Since most farmers are not literate, adult evening education sessions could be organised for them to boost their literacy levels, and enable them to be able to read and write. Thenceforth, they will be able to address their needs through reading agricultural magazines, newspaper columns on agriculture, and relevant online materials, and be able to make concrete decisions on issues such as the use of pesticides and manure, right on time and as appropriate.
HarvestPlus Distributes Vitamin A Cassava Stems to 700,000 Farmers
vitamin A cassava |
An international agro-based organisation, HarvestPlus Nigeria, on Saturday, December 12 said it distributed vitamin A cassava stems to no fewer than 700, 000 farmers in 25 states in the country in 2015.
The HarvestPlus Country Manager, Dr. Paul Ilona, who disclosed this in Ibadan at a news conference, said the farmers received the cassava stems and planted them.
The News Agency of Nigeria (NAN) reports that HarvestPlus is an international organisation leading a global effort to improve nutrition, by developing and disseminating staple food crops that are rich in vitamins and minerals.It also aims at providing global leadership in bio-fortification evidence and technology.Ilona said the beneficiary farmers cut across 25 states in the country, including Oyo, Imo and Benue states.
He noted that the organisation owned 6,000 hectares of land on which it planned to plant vitamin A cassava with 300 points of sales, as part of its objective to get Nigerians nourished with Vitamin-fortified staple foods and crops.
“We estimate that up to 3 million Nigerians now have access to vitamin A cassava,’’ the country manager said.
Ilona emphasised that part of the major essential nutrients for the body are zinc, iron and vitamin A, saying that the organisation focused on those nutrients in the process of bio-fortification.
“Our food-based approach relies on familiar staple foods that people already eat regularly, and that can be part of other efforts to improve nutrition, such as dietary diversification,” he said.
The country manager explained that the organisation uses the natural breeding process, adding that its products are natural and not genetically modified.
“We have 4, 350 varieties of vitamin A cassava and none of them is genetically modified, so people are free to consume them.We have a lot of products from vitamin A cassava like the vitamin A cassava moimoi, fortified with beans and the cassava custard, which is good for children.
“Some others are the cassava leaf tea and flour and vitamin A yellow fufu/garri, which is natural, without additional oil added to it during processing. They are all in the market,” he said.
Ilona said that HarvestPlus was creating awareness about its mission through the print and electronic media – radio and television.
“In the bid to let people know about these products, we have partnered with Hollywood stars and produced four movies called: Yellow Cassava, Dada Oni Paki, AkpuEbi and Sunkani.
“We hope to produce new varieties of vitamin A cassava, maize, iron bean, zinc rice, and so on, to reach more farmers and people next year and beyond,” the country manager added. (NAN)
Climate Change Depleting Soil Nutrients – Expert
climate change |
Mr David Emmanuel, an expert in agriculture and environment, has warned that climate change is depleting the soil nutrients needed for the cultivation of high quality food crops.
Emmanuel made this known in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday 15th December 2015.
According to him, it is important for stakeholders to take concrete steps towards ensuring that Nigerian families are able to produce quality crops in the future.
“Taking a look at global warming, Africa as a continent isn’t prepared for the disasters ahead. “Like in Africa, desertification is one problem. Others are gas flaring and cutting down trees. “By so doing, the sun rays become a direct plague to the soil. For example, you cannot compare the tomato you ate 25 years ago to what is being produced now. “We are living on gun powder as far as global warming is concerned”.
According to Emmanuel, the increased awareness on the importance of planting trees around homes and in the cities will go a long way to curb the increasing danger of global warming.
“The first thing is orientation from primary schools to tertiary institutions, so that every family and every child can grow a tree.
“By growing a tree, we will produce more oxygen in the atmosphere, and by producing more oxygen, we will prevent the sun rays from touching the earth directly.
“And at the same time we will make stringent laws that will restrain big industries, most especially in the southern region, from flaring gases.”
Stakeholders lament stagnancy of agriculture in Benue State
Food Basket of the Nation |
The dwindling agricultural fortunes of Benue State has been decried by a cross section of stakeholders.
The state held sway several years ago with its bountiful harvests, earning the slogan “Food Basket of the Nation”. However, the state, which is also endowed with lots of mineral resources, is now a shadow of its old self.
Reports reveal that several attempts by government and non-governmental agencies to initiate programmes to stimulate the agricultural, solid minerals and tourism sectors to improve the economy of the state have not yielded substantial fruit.
Despite the establishment of the Agricultural Training Centre, Mbatie in Burutu, and the College of Agriculture, Yandev in Gboko local government area, the state has not maximized its agricultural potentials.
Lamenting this situation was the former Registrar of the Council for the Regulation of Engineering in Nigeria (COREN), Engr. Felix Atume, who said the major cause of the rot is bad roads.
“Rural access promotes agriculture, health, education, security, social interaction and general economic development. Unfortunately, in many states of the federation, the rural areas are inaccessible, especially during the rainy season. Farmers in these areas cannot bring their farm produce to the markets. The rural areas thus become isolated, fuelling the cycle of poverty. They cannot get health facilities because they cannot be reached. Their children cannot go to good schools because they cannot be accessed”.
INSECURITY AS A THREAT TO AGRIC MARKETING IN NORTHERN NIGERIA
Nigeria, a giant in agricultural business may not be in her best of state, in the agro produce distribution network at the moment. The sympathetic state of some crisis thorn regions of the country has skyrocketed prices of goods and commodities, and has even made an emergency scarcity of some basic produce, in areas where they are needed most.
Ever since the insurgency in the North East of Nigeria began several years ago, there has been a sharp decline in the agricultural revenue of states that where known for most crop produce. For example, the once bubbly green fields in Borno, which were synonymous with large scale production of tomatoes, onions, carrots and other fresh produce, are in a comatose state. Several of the villages that supplied these produce toother parts of the country have either become war zones or have been wiped away, with many of the once enterprising farmers hiding as refugees and struggling to feed themselves and their families. A trip to some regions to buy fresh produce in bulk would only amount to an attempt at suicide. This situation, according to Mallam Ibrahim Ahmad, a farmer and native of Bama in Borno State, is responsible for the high cost of fresh produce at markets around the country, especially in Lagos State.
“I used to be based in my village in Bama, until the insurgents attacked us one early morning and swept the whole village. Those that were lucky escaped. They carted away most of our properties, including money. My own farm, which is not too far from my house, was an escape route for them. “As I speak with you, I am currently riding okada(motor cycle) to make ends meet, as I still feel it’s unsafe to go back home”.
Despite the efforts by the government in calming the troubled North East, a mass exodus of big investors from there, especially Western expatriates has, been witnessed. So far, Nigeria’s economy appears to be shaky, especially as the year draws to an end. Stocks have dipped since the crisis got to its peak, though Western companies have not announced plans for a mass exodus.
According to Ernst & Young, more than $21 billion of foreign direct investment was attracted into Nigeria in 2013, up 28% from the year before. The country has attracted the most foreign direct investment in sub-Saharan Africa since 2007. The current security situation has dealt a heavy blow on the nation’s GDP, which is now $490 billion.A trader who spoke to our correspondent on the condition of anonymity decried the high handedness of security operatives on highways, especially the military.
“As long distance travelers, we always cover our heads and noses against the cold. This kind of dressing has been labeled as ‘Boko Haramic’, because of their similar appearance. When these soldiers sight us on trucks with our goods, they cork their guns and position and make us come down from our vehicles. Sometimes, we spend the whole day in detention, even when they know we are just long distance farm produce marketers. They ransack our trucks and scatter them, in the guise of searching for hidden arms inside our baskets.In the process, we lose bags of produce and spend hours or almost a day in detention, especially if we don’t meet their financial demands. Imagine keeping tomatoes in the sun for hours and taking them to the market when they have started to rot from the heat. It’s terrible.”
A cross border source also revealed a sharp decline in trans-border trade of agricultural produce, especially into countries like Cameroon, Chad and Niger. Even when these countries need the produce from these terror-plagued areas, they prefer to buy from very expensive sources, to prevent infiltration by terrorists.
Tomato Association Executives Set to Revitalize Sector
Tomato Association Executives |
There
are serious indications that succour has come for the once comatose
tomato industry, which has been one of the most neglected value-chains
in the agricultural sub-sector of the Nigerian economy.
Reason:
Tomato Growers, Processors and Marketers Association of Nigeria have
just elected their new national executives, who will steer the ship of
the association for the next four years.
The
newly elected President of the association is now Alhaji Abdullahi
Ringim, while the newly-elected National Publicity Secretary is the
Publisher and Chief Executive Officer of AgroNigeria, Mr. Richard-Mark
Mbaram.
Speaking
during his opening remarks, Ringim said: “For a long time, agriculture
has been neglected and Nigeria has remained a net importer of tomato. As
at last three years, statistics showed that Nigeria imported $16
billion worth of tomato.
“What
people do not even realise is that there is no single tomato processing
industry in Nigeria. Wherever you see tomato, either in can or sachet,
they are all imported. Most people are of the view that Gino produces
tomato in Nigeria, but the fact is that they can tomato, not produce
it,” he said.
He
went further by saying “the only tomato processing company that has the
capacity of processing 1200 metric tons per day, is the one being
installed in Kano State by the Dangote Group. That also has no canning
line, but only processing. The second is our own company in Dadinkowa
which has the capacity of producing 600 metric tons, but with a canning
line.
“I
used the word canning because they hardly take out local tomato to
process and sell. All they do is import tomato paste, and then can in
Nigeria. Now, this is where our challenge lies, and it is a big
challenge for the tomato farmers, either from the Gworonyo or Dadinkowa
cultivation stretch, who strive to produce tomato, through thick and
thin with little or no governmental support”.
Ringim
condemned the Central Bank of Nigeria’s (CBN) decision to restrict
importers from using the Nigeria Forex market to source funds for
importation of some products; saying there are two dimensions to it. The
good part, he said, is that it will help those with capacity to produce
tomatoes in Nigeria do more, but hinted that with the lack of adequate
production, the problem will be compounded because people who import
tomatoes through the port or airports will start smuggling them in.
He
nevertheless assured members of the association that he will discharge
his responsibilities with an open mind, making sure that all members are
carried along through consultations with other stakeholders; while
reaching out to those outside the country also.
According
to him, the government has not technically banned the importation of
tomatoes “but it has said that as importers of tomatoes, they are not
adding value to the farmers, so they are to access their Forex from the
autonomous markets, it is good because it now puts less constraint on
our foreign reserves,” he said.
Quickly
stepping into his responsibility as the voice and image-maker of the
association, Mbaram corroborated the stance of his president by stating
that tomato is a very essential food ingredient that is highly consumed
by nearly everybody- old and young – and as such, the government should
give the sector the necessary support to become self-sufficient in its
production and even go a step further to promote its export.
With
a reassuring voice that indicates determination to work, he said: “It
is all about advocacy, and telling the stories of the realities in the
sector. The Executive Secretary of FACAN, Alhaji Akin Gbadamosi
applauded the members for their display of maturity and urged that they
should cooperate to ensure the revitalization of the sub-sector.
OBASANJO ADVOCATES FOOD SECURITY IN NIGERIA
Chief Olusegun Obasanjo |
Former Nigerian President, Chief Olusegun Obasanjo, has
stressed the need for food security in the country, stating that this
could be achieved through unity of farmers, regardless of their
category.
He made the call at a dinner organized for him, by Benue State governor,Chief Samuel Ortom, at the New Banquet Hall of the Government House, Makurdi.
According to him, Nigeria should focus more on agriculture, which he said would provide food security, jobs and wealth for the country. He went further by saying that the nation’s tertiary institutions are producing at least one million graduates every year, adding that government at all levels lacked the capacity to absorb them, hence, the need for the private sector to provide the needed jobs.
Speaking on his relationship with Benue State, Chief Obasanjo described his mission to the state as ‘a trip in search of knowledge and education’, saying that such a venture should span from the cradle to the grave.
In his remarks, Governor Ortom described Chief Obasanjo as a role model and inspiration who encouraged Nigerians to acquire knowledge at whatever age, position and attainment. The governor also said that the large turnout of people who received the former president was an attestation to people’s love for him.
He made the call at a dinner organized for him, by Benue State governor,Chief Samuel Ortom, at the New Banquet Hall of the Government House, Makurdi.
According to him, Nigeria should focus more on agriculture, which he said would provide food security, jobs and wealth for the country. He went further by saying that the nation’s tertiary institutions are producing at least one million graduates every year, adding that government at all levels lacked the capacity to absorb them, hence, the need for the private sector to provide the needed jobs.
Speaking on his relationship with Benue State, Chief Obasanjo described his mission to the state as ‘a trip in search of knowledge and education’, saying that such a venture should span from the cradle to the grave.
In his remarks, Governor Ortom described Chief Obasanjo as a role model and inspiration who encouraged Nigerians to acquire knowledge at whatever age, position and attainment. The governor also said that the large turnout of people who received the former president was an attestation to people’s love for him.
NCRI, AfricaRice Empower 200 Nasarawa, Benue Women on Rice Production
female rice farmers |
The National Cereals Research Institute (NCRI) and
AfricaRice Task Force on Gender have empowered Nasarawa women on value
addition strategies in rice production, with particular emphasis on
processing.
The Executive Director, NCRI, represented by Head of Farming Systems, Rice Sector Development Hub, Dr Samuel O. Bakare, stated at the flagging off of a four-day training on improving the organisational level of women rice parboilers in Nasarawa/Benue hub that, the move became necessary given the fact that women shoulder the primary responsibility for food security in Nigeria.
He stressed that the move is also aimed at reversing the ugly trend where women have little access to improved technologies and productive resources, worsened by policies which have refused to address the specific requirements of women in the agricultural sector.
In her submission, the Gender Focal Person of NCRI, Dr Vivian Ojehomon, stressed that, given the pivotal role of women in agriculture, “a gender-balanced agricultural growth is critical to successful agricultural innovation initiatives” aimed at achieving food security in the country.
Dr Rita Agboh-Noameshie, Gender Task Force Coordinator and Head of AfricaRice, who spoke in similar vein, noted that “despite the essential role they play, women are discriminated against when it comes to access to and control of productive resources, inputs, essential services and information”.
She said the initiative embarked upon by NCRI and AfricaRice was aimed at ensuring sustained empowerment of women rice parboilers, by exposing them to gender-sensitive parboiling equipment that can improve their income, while reducing drudgery.
The leader, AfricaRice Innovation Platform for Nasarawa state, Mr. Jonathan Joshua, called on government to empower women through the issuance of soft loans and grants, so that they can own parboiling and rice processing businesses, rather than toil for individuals of means to earn less than N500 a day.
In his submission, the Programme Manager of Benue Agricultural and Rural Development Agency, BNARDA, Mr. James Ker, represented by Mr. Abah Joseph, explained that investing in women’s economic empowerment is a high-yielding investment with multiplier effects on productivity, efficiency and inclusive growth, making it a sine qua non for collective growth of the nation’s agricultural sector.
He appealed to government at all levels and dedicated government agencies like the Bank of Agriculture to make concerted efforts towards improving the overall enabling environment for women to achieve their immeasurable agricultural potential
The Executive Director, NCRI, represented by Head of Farming Systems, Rice Sector Development Hub, Dr Samuel O. Bakare, stated at the flagging off of a four-day training on improving the organisational level of women rice parboilers in Nasarawa/Benue hub that, the move became necessary given the fact that women shoulder the primary responsibility for food security in Nigeria.
He stressed that the move is also aimed at reversing the ugly trend where women have little access to improved technologies and productive resources, worsened by policies which have refused to address the specific requirements of women in the agricultural sector.
In her submission, the Gender Focal Person of NCRI, Dr Vivian Ojehomon, stressed that, given the pivotal role of women in agriculture, “a gender-balanced agricultural growth is critical to successful agricultural innovation initiatives” aimed at achieving food security in the country.
Dr Rita Agboh-Noameshie, Gender Task Force Coordinator and Head of AfricaRice, who spoke in similar vein, noted that “despite the essential role they play, women are discriminated against when it comes to access to and control of productive resources, inputs, essential services and information”.
She said the initiative embarked upon by NCRI and AfricaRice was aimed at ensuring sustained empowerment of women rice parboilers, by exposing them to gender-sensitive parboiling equipment that can improve their income, while reducing drudgery.
The leader, AfricaRice Innovation Platform for Nasarawa state, Mr. Jonathan Joshua, called on government to empower women through the issuance of soft loans and grants, so that they can own parboiling and rice processing businesses, rather than toil for individuals of means to earn less than N500 a day.
In his submission, the Programme Manager of Benue Agricultural and Rural Development Agency, BNARDA, Mr. James Ker, represented by Mr. Abah Joseph, explained that investing in women’s economic empowerment is a high-yielding investment with multiplier effects on productivity, efficiency and inclusive growth, making it a sine qua non for collective growth of the nation’s agricultural sector.
He appealed to government at all levels and dedicated government agencies like the Bank of Agriculture to make concerted efforts towards improving the overall enabling environment for women to achieve their immeasurable agricultural potential
TOMATOES: THE TOAST OF FESTIVITIES
tomatoes |
These are tomatoes; crucial farm produce and core constituent of daily meals and vegetarian diets.
Tomatoes are widely known for their outstanding antioxidant content and rich concentration of lycopene. Researchers have recently found an important connection between lycopene, its antioxidant properties, and bone health. A study was designed in which tomato and other dietary sources of lycopene were removed from the diets of postmenopausal women for a period of 4 weeks, to see what effect lycopene restriction would have on bone health. At the end of 4 weeks, women in the study started to show increased signs of oxidative stress in their bones and unwanted changes in their bone tissue. The study investigators concluded that removal of lycopene-containing foods (including tomatoes) from the diet was likely to put women at increased risk of osteoporosis. They also argued for the importance of tomatoes and other lycopene-containing foods in diet. We don’t always think about antioxidant protection as being important for bone health, but it is, and tomato lycopene (and other tomato antioxidants) may have a special role to play in this area.
Intake of tomatoes has long been linked to heart health. Fresh tomatoes and tomato extracts have been shown to help lower total cholesterol. In addition, tomato extracts have been shown to help prevent unwanted clotting (aggregation) of platelet cells in the blood – a factor that is especially important in lowering the risk of heart problems like atherosclerosis. In a recent South American study of 26 vegetables, tomatoes and green beans came out best in their anti-aggregation properties.
But only recently are researchers beginning to identify some of the more unusual phytonutrients in tomatoes that help provide us with these heart-protective benefits. One of these phytonutrients is a glycoside called esculeoside A; another is a flavonoid called chalconaringenin; and yet another is a fatty-acid type molecule called 9-oxo-octadecadienoic acid. As our knowledge of unique tomato phytonutrients expands, we are likely to learn more about the unique role played by tomatoes in supporting heart health. Tomatoes are also likely to rise further and further towards the top of the list of heart-healthy foods.
There are loads of health values of tomato, too numerous to mention.In this festive season, the product could have been cheaper and more affordable if we had more attention paid to agriculture .Anyways, it’s not late.
While you savour the sweet taste of your stew, don’t forget ,it’s a product of agriculture. Help bring agriculture back to public consciousness.
Tomatoes are widely known for their outstanding antioxidant content and rich concentration of lycopene. Researchers have recently found an important connection between lycopene, its antioxidant properties, and bone health. A study was designed in which tomato and other dietary sources of lycopene were removed from the diets of postmenopausal women for a period of 4 weeks, to see what effect lycopene restriction would have on bone health. At the end of 4 weeks, women in the study started to show increased signs of oxidative stress in their bones and unwanted changes in their bone tissue. The study investigators concluded that removal of lycopene-containing foods (including tomatoes) from the diet was likely to put women at increased risk of osteoporosis. They also argued for the importance of tomatoes and other lycopene-containing foods in diet. We don’t always think about antioxidant protection as being important for bone health, but it is, and tomato lycopene (and other tomato antioxidants) may have a special role to play in this area.
Intake of tomatoes has long been linked to heart health. Fresh tomatoes and tomato extracts have been shown to help lower total cholesterol. In addition, tomato extracts have been shown to help prevent unwanted clotting (aggregation) of platelet cells in the blood – a factor that is especially important in lowering the risk of heart problems like atherosclerosis. In a recent South American study of 26 vegetables, tomatoes and green beans came out best in their anti-aggregation properties.
But only recently are researchers beginning to identify some of the more unusual phytonutrients in tomatoes that help provide us with these heart-protective benefits. One of these phytonutrients is a glycoside called esculeoside A; another is a flavonoid called chalconaringenin; and yet another is a fatty-acid type molecule called 9-oxo-octadecadienoic acid. As our knowledge of unique tomato phytonutrients expands, we are likely to learn more about the unique role played by tomatoes in supporting heart health. Tomatoes are also likely to rise further and further towards the top of the list of heart-healthy foods.
There are loads of health values of tomato, too numerous to mention.In this festive season, the product could have been cheaper and more affordable if we had more attention paid to agriculture .Anyways, it’s not late.
While you savour the sweet taste of your stew, don’t forget ,it’s a product of agriculture. Help bring agriculture back to public consciousness.
Africa Renewable Energy Initiative gets $10bn Support from G7 Nations
Africa Renewable Energy Initiative |
This was disclosed by the President, African Development Bank (AfDB), Dr. Akinwumi Adesina, during an interview session with the News Agency of Nigeria (NAN) in Abuja on Monday, Dec. 14th, 2015.
“In the last two weeks, we have worked hard, and have launched what is called the Africa Renewable Energy Initiative. This was launched just last week in Paris and it has already garnered 10 billion US dollars as support, from G7-countries. Our goal is to provide Africa with 300 gigawatts of electricity by 2030, from renewable sources – either wind, solar or geothermal.
“Africa contributes only four percent of global green house emission, but we suffer disproportionately in terms of the negative impact of climate change. The continent today loses over 50 billion dollars a year due to drought and flood, as a result of climate change. The Multi-Lateral Development Bank; AfDB, World Bank, Asian Development Bank, Inter-American Development and European Investment Bank have put together, over 48 billion dollars to support our countries in terms of climate finance” he said.
Dr. Akinwunmi Adesina also said that the initiative was to ensure universal access to sufficient amount of clean, appropriate, and affordable energy, and aims to help Africa achieve sound and sustainable development.
According to him, Africa has no fewer than 640 million people living without electricity, while 700 million Africans, most of whom are women, lack access to clean cooking energy.
Stating explicitly that adaptation to global warming is a response to global warming, which seeks to reduce the vulnerability of social and biological systems to current climate change, Adesina, called on national governments in Africa to provide funding for climate adaptation.
He said it was unfortunate that Africa could only produce about 90 gigawatts of electricity in spite of its available potential. “Africa is tired of being in the dark, and the bank has taken the leadership in working with others to help light up and power Africa,” he said.
On agriculture, Adesina, stated that Africa has the potential to feed the whole world, and that all it needs to do is release its potential energy and convert it to dynamic energy. He also said that the AfDB would encourage African countries to take advantage of the business opportunities inherent in agriculture.“It makes no sense to be exporting raw materials, when we can add value to our produce, because when you export raw materials, you are exporting jobs and importing poverty. When you get agriculture right, you get macro-economic and fiscal stabilization right,” he stated.
On this note, he said that the AfDB is going to support countries all across to do what he called commercial financing and investment to go into agriculture.
OAU confers Doctor of science Honoris causa on AfDB President,Dr Akinwumi Adesina
Dr. Adesina |
The crème of the Nigerian agricultural sector converged on Saturday,
12th December 2015 at the Oduduwa Hall of the Obafemi Awolowo
University, Ile Ife. Reason: the conferment of a honorary Doctor of
Science (Honoris Causa) degree on the President of the African
Development Bank(AfDB) and former Nigerian Minister of Agriculture and
Rural Development,Dr Akinwumi Adesina.
The conferment was done by the Chancellor of the University, Alhaji Yahaya Abubakar ,the Etsu Nupe and the Vice Chancellor,Professor Idowu Bamitale Omole, who showered Dr. Adesina with ample encomiums, and chronicled his immense contributions to Nigerian agriculture, which culminated in his AfDB appointment.
Other honorees include elder statesman and renowned entrepreneur, Oyekunle Alex-Duduyemi, and iconic Pastor Enoch Adeboye of the Redeemed Christian Church of God (RCCG)
Special guests who graced the occasion include the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, the Honourable Minister of Agriculture and Rural Development,Chief Audu Ogbe, wife offormer Governor of Ekiti State and Minister of Solid Minerals,Mrs Bisi Fayemi, and Executive Secretary, National Universities Commission, Professor Julius Okogie.
Dr. Adesina was Minister of Agriculture and Rural Development between 2011 and 2015. On May 28, 2015, he was elected to become the President of the African Development Bank. He is the eight president in the organization’s history, and the first Nigerian to hold the post.
He aggressively implemented bold policy reforms and pursued innovative agricultural investment programs to expand opportunities for the private sector, moving Nigerian agriculture away from subsistence to the business model.
Dr. Adesina is a consummate scholar of African agriculture and economics, with more than 20 years of experience managing successful agricultural programs across Africa.
The conferment was done by the Chancellor of the University, Alhaji Yahaya Abubakar ,the Etsu Nupe and the Vice Chancellor,Professor Idowu Bamitale Omole, who showered Dr. Adesina with ample encomiums, and chronicled his immense contributions to Nigerian agriculture, which culminated in his AfDB appointment.
Other honorees include elder statesman and renowned entrepreneur, Oyekunle Alex-Duduyemi, and iconic Pastor Enoch Adeboye of the Redeemed Christian Church of God (RCCG)
Special guests who graced the occasion include the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, the Honourable Minister of Agriculture and Rural Development,Chief Audu Ogbe, wife offormer Governor of Ekiti State and Minister of Solid Minerals,Mrs Bisi Fayemi, and Executive Secretary, National Universities Commission, Professor Julius Okogie.
Dr. Adesina was Minister of Agriculture and Rural Development between 2011 and 2015. On May 28, 2015, he was elected to become the President of the African Development Bank. He is the eight president in the organization’s history, and the first Nigerian to hold the post.
He aggressively implemented bold policy reforms and pursued innovative agricultural investment programs to expand opportunities for the private sector, moving Nigerian agriculture away from subsistence to the business model.
Dr. Adesina is a consummate scholar of African agriculture and economics, with more than 20 years of experience managing successful agricultural programs across Africa.
FAFIN invests in Diamond Pearls Agro Allied Ltd.
palm kernel |
In a release by its management, the company has a vegetable oil refinery, which refines crude palm kernel and palm oil to produce vegetable oil for industrial and domestic use. It is also backed by a quality management team, and is well positioned to take advantage of the high growth edible oil market in Nigeria.
Located in Kwara State, the company is strategically situated to satisfy the current vegetable oil supply gap in northern Nigeria, while still close enough to the south‐west to provide products to its growing market. It has also expanded to become one of the largest vegetable oil processors in its region, with major market share in the northern part of the country.
According to Mr. Adewale Adeyemo, Founder and Managing Director of Diamond Pearls Agro, the company was selected after a rigorous operational review of several edible oil processors across Nigeria. “FAFIN’s team came at the right time to help facilitate the achievement of our ambitious expansion plans and we are delighted to have them as our partner, as we position to become one of the largest edible oil processors in the country,” he said.
The release further indicates that FAFIN’s investment, Diamond Pearls intends to procure equipment as well as augment its working capital. Given the seasonality of raw materials in the edible oil sector, the investment will enable Diamond Pearls to better optimize its processing operations throughout the year as well as increase its capacity utilization to meet the large unmet demand for its products.
In addition, the company intends to develop and expand its oil palm plantation in order to strengthen its supply chain; in line with government’s efforts to develop the local production capacity of the sector. As part of the investment, Diamond Pearls’ Board of Directors has been reconstituted to include two independent directors with significant wealth of experience in the oil palm sector.
Two members of Sahel Capital’s team, Mr. Olumide Lawson and Mr. Ayodele Balogun will be joining the board. Mr. Olumide Lawson in his remarks said “Diamond Pearls Agro is well positioned to exploit the great potentials of the edible oil sector and we are excited to make an investment in such a promising company. Our objective is to help establish Diamond Pearls as a clear leader in its sector, and we look forward to providing the necessary support to take the company through its next phase of growth.”
FAFIN, an agribusiness‐focused private equity fund, managed by Sahel Capital aims to transform the agricultural sector in Nigeria. Its fund sponsors include the Nigerian government, via the Federal Ministry of Agriculture and Rural Development, the German government via KfW Development Bank, and the Nigeria Sovereign Investment Authority.
Tuesday, 15 December 2015
Forex ban threatens 100,000 tomato processing jobs
Labour union officials in some of the local tomato processing companies said the inability of the firms to import paste and other raw materials used in their production process had drastically affected them.
According to the union officials, the jobs of the workers are at stake unless the ban is reversed, adding that the opportunity for backward integration would be lost by the affected companies under the present regime.
In an exclusive interview with our correspondent on Monday, the Director-General, Nigeria Employers’ Consultative Association, Mr. Olusegun Oshinowo, noted that although the climatic condition in the country was in support of local cultivation of tomatoes, farmers lacked the capacity to produce them in large quantities.
He said, “What is it that has made the CBN to prohibit tomato paste manufacturers from the foreign exchange that should not be extended to numerous products, including petroleum, for which the Almighty God has blessed us with in abundance?
“Our climate can support the cultivation of tomato but processing it into tomato paste is a different kind of business. And those who are packaging tomato paste depend on output from those who are processing them before they can package.
“If tomato paste is now placed among the list of items that will not have access to the foreign exchange market overnight, that line of business has been killed because the government is working from the perspective that there are tomatoes in the environment for cultivation, processing into paste and packaging. Rather than prohibiting the items overnight, why not engage the manufacturers in discussion.”
In a telephone conversation with our correspondent, the President, National Union of Food, Beverage and Tobacco Employees, Lateef Oyelekan, said the companies involved should be given the latitude to plan for backward integration.
According to him, the quantity of the produce being cultivated presently in the country is not enough for local consumption as well as processing into paste.
He pointed out that it would take over a year for the planting, harvesting and processing of the produce into paste, adding that most of the companies had run out of stock.