Umeofia: About $150m is Needed over Three Years for Self-sufficiency in Tomato Paste

Mr. Eric Odinaka Umeofia,

The chief executive officer, Erisco Foods Limited, Mr. Eric Odinaka Umeofia, in an exclusive interview, reasoned that Nigeria can be self-sufficient in tomato paste production only if the government provides the necessary financial support and other incentives to genuine local manufactures and also stamps out importation of fake products He also shed more light on his recent disagreement with the CBN over forex allocations. Excerpts:

USAID Empowers Agribusinesses to Collaborate

USAID

The United States Agency for International Development (USAID) and the Ghana Grains Council held the sixth annual Pre-harvest Agribusiness Forum in Sunyani on October 20.

Checkout This Made-In-Aba Stove That Obtains Its Fuel From Cassava Leaf

 Made-In-Aba Stove That Obtains Its Fuel From Cassava Leaf

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Aba is like the China of Nigeria.According to information shared on social media ,a made in Aba bio fuel is currently in the market.The stove obtains its fuel from cassava leaf

Global Egg to purchase Cargill Etobicoke egg facility

egg

Global Egg Corporation has entered into an agreement with Cargill to purchase the latter’s Etobicoke egg processing facility.

Mimiko disburses N23.9m loans to farmers in Ondo

Governor Olusegun Mimiko

Governor Olusegun Mimiko of Ondo State has disbursed N23.9 million to 70 young agro-farmers and agricultural entrepreneurs as support to start their own agricultural ventures. The loans ranged from N250, 000 to N500, 000 per each beneficiary for a period of two years, The beneficiaries’ original degree certificates and National Youth Service Corps (NYSC) discharge certificates were used as collateral.

Nat. Committee insists GMOs registration, registers new 15 varieties, with no GMO.

15 varieties

The National Committee on Varieties registration has restated that all the Genetically Modified Organism (GMO) that would be released into Nigeria market must be duly registered by them in accordance to bio safety procedures just as they have registered and released about fifteen new improved crop varieties with none from the GMOs. 

Quela birds destroy farm produce in North-East

Quela birds

Peasant farmers in the North Eastern part of the country are now counting their losses following the invasion of Quela birds that destroyed farm produce as the harvest season begin. This was as farmers commenced intensive campaign to control the menace in the affected 12 front-line states.

Nigeria, others pledge $30bn investments in continent’s agric

continent’s agric

Prospects for agriculture in Africa took a huge boost recently, as prominent leaders, business people and major development partners in the continent pledged more than $30 billion in investments to expedite transformation of the sector.

FG Seeks Private Sector Partnership to Boost Agricultural Sector

Chief Audu Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has said that the federal government is currently looking to partner the private sector to boost agriculture value chain.

Bid to fight hunger: associations’ document ready for UN

The Gov. of Sokoto, Aminu Waziri Tambuwal, Former President Olusegun Obasanjo in hand shake with Agric Minister, Chief Audu Ogbeh

·         Obasanjo warns against delay

The United Nations’ (UN) effort to bring hunger to zero tolerance through proactive involvement of Nigeria agricultural commodities stakeholders under the chairmanship of former President of the country, Chief Olusegun Obasanjo may have begun to yield fruitful result as a working document is ready to be presented to joint committee that is domiciled in the country.