India may extend Line of Credit to African nations for agriculture sector

Rita Teaotia speaking at India-Africa AgriBusiness Forum

India is keen to extend Line of Credit (LoC) to least developed African countries for joint venture business initiatives in agriculture sector, Commerce Secretary Rita Teaotia said on Wednesday.

Big banana firms pulling out of the Philippines

Banana

 Multinational banana firms in Mindanao, the Philippines, are starting to expand to other countries because of various issues plaguing the Philippine banana industry, such as pest diseases, diseases, drought, and a hike in government fees. The situation has led to the Philippine Banana Growers and Exporters Association (PBGEA) reiterating its projection that the banana industry will face another "not-so-good year" in 2016.

Apex bank sets aside over $5bn for real sector lending

CBN

The Central Bank of Nigeria (CBN) says it has set aside over N1 trillion (about $5.07bn) to promote lending to the real sector of the economy with a view to stimulating economic activities in the country.

The Coca-Cola Company And TGI Group Announce Strategic Investment In Nigeria's Chi Limited

Coca-Cola

The Coca-Cola Company (NYSE: KO) and Tropical General Investments Group (TGI Group) – the holding company of Chi Ltd, Nigeria’s leading dairy and juice company – today announced a binding agreement for The Coca-Cola Company to acquire an initial minority equity shareholding in Chi Ltd.

Expert Calls for National Agric Blueprint

FMARD

The Federal Government has been urged to urgently commission a comprehensive blueprint on sustainable agricultural development, which will help to reduce hunger and poverty among Nigerians, and explore partnerships with the private sector.

Assessing impact of Nigeria’s economic diversification agenda on forest reserves- SYLVA EMEKA-OKEREKE

forest reserves

As Nigeria revs up the drive to diversify her economic base in the face of dwindling oil revenue, environment experts have raised fresh concerns over possible negative effects of the diversification agenda on the nation’s forest reserves.

Farmer Writes: the importance of creating demand globally

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  The global population figures are continuing to rise, but beef farmers may not reap the rewards, writes Ciarán Lenehan.

  “It is vital that our farming systems are sufficiently productive in order to feed a growing world population, set to reach 11 billion by 2050.” 

How Agric Sector Can Bounce Back As Mainstay of Nigeria's Economy- by Timothy Opaluwa

Agricultural sector

Agricultural sector which used to be the stronghold of Nigeria's economy was abandoned as a result of crude oil discovery. Timothy Opaluwa writes on the feasibility of the sector reclaiming its past glory as the mainstay of the nation's economy. 

FG orders poultry owners’ registration against Avian Influenza outbreaks

Avian Influenza outbreaks

In view of the recently occurred outbreak of Avian Influenza across the states of the federation in Nigeria, the Federal government through her Minister of Agriculture has ordered that all the poultry owners through the country must be registered for proper monitoring of bird flu disease.

Free School Meals: FG signs MoU on High Nutrient Density Biscuit

Free School Meals

The Federal Government has signed a Memorandum of Understanding (MoU) with NASCO Foods Limited, Jos for the commercial production of high nutrient density (HND) biscuit for the National School Feeding Programme, the Vanguard reports.