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AFAN :  Nigeria to rely on Agriculture to sustain economy as oil price drops.

AFAN : Nigeria to rely on Agriculture to sustain economy as oil price drops.

Agribusiness News
The National President of All Farmers Association of Nigeria (AFAN) Kabir Ibrahim had  said  oil  price crash affects  Nigeria economy greatly  because of the country over dependence on oil . He urged the government to  suspend unnecessary food importation and support  farmers to grow more food that will sustain the economy. “We urge government to do much more than is being done, open more windows for farmers to produce more so that we will be able to produce more to feed the teaming population,” he said. Moreover, Ibrahim said   importation our economy as result of the rise in foreign exchange. He said “We must produce what we eat and eat what we produce. That is the only way to mitigate the looming problem in Nigeria”. Ibrahim affirmed his leadership position ,he still remain the Nation
FG  launches  Fertilizer Act 2019, as  Defaulters to face  5-year jail term.

FG launches Fertilizer Act 2019, as Defaulters to face 5-year jail term.

Agribusiness News
 The fertilizer Act 2019  launched by  the Federal Government, President Muhammadu Buhari which prohibits unauthorized activities of manufacturers, blenders of importers and distributors of fertilizer as defaulters to this Act will face 5-year jail term. The Act also targets at safeguarding the interest of fertilizer enterprises and contribute to the creation of an enabling environment for private sector investment in fertilizer. It also prohibits operating with expired permit or certificate; the use of destructive ingredients or harmful properties; conversion or diversion of fertilizer; obstruction of authorized officers; and sale of unbranded or misbranded fertilizer. According to Professor Yemi Akinseye-George SAN who spoke on Tuesday in Abuja, stated that such offences include manufac
AGRA partners with Psaltry to empower 400 youths on Cassava Value Chain in Oyo State.

AGRA partners with Psaltry to empower 400 youths on Cassava Value Chain in Oyo State.

Agribusiness News
The Alliance for Green Revolution in Africa (AGRA) and Nestle Plc collaborates with Psaltry International Company Limited to empower 400 youths on Cassava Value Chain from  Iseyin, Ibarapa East and Atisbo Local Government Areas of Oyo State. The training programme was held at Treasure Hotel and Event Centre, Ado Awaye, Iseyin Local Government  in Oyo State. The Head of Agriculture, Psaltry International Ltd and the Programme Project Coordinator, Dr. (Mrs) Foluke Adeleke, stated the mission of  the programme is to to boost youth participation in cassava cultivation as to improve the yield of cassava produce through innovative agronomic practices. According  to her “We are empowering 400 youths that will cultivate one thousand six hundred hectares of land for cassava, enlightening youth wit
Ghana constructs Watermelon Processing  Factory.

Ghana constructs Watermelon Processing Factory.

Agribusiness News
The President of Ghana has commenced the construction of of US $6m watermelon processing factory in located in Walewale in the North East Region under the "One -District, One-Factory' Initiative. According to the Vice President, Dr. Mahamudu Bawumia during the Sod cutting ceremony revealed that the project will help curtail rural-urban migration and reduce post harvest losses experienced by farmers. It is being funded by the Exim Bank and scheduled for completion by the end of 2020. The project is expected to create more than 300 direct employment and provide a ready market for between 2000 and 3000 peasant farmers. “The President pledged before Ghanaians his commitment to pursuing an aggressive industrialisation and value addition to agricultural produce through the flagship
Happy New Year to all our Agripreneurs and Subscribers!

Happy New Year to all our Agripreneurs and Subscribers!

Agribusiness News
We are grateful to God for making it a reality for all of us to SEE YEAR 2020,another decade unfolding .....wow thank you Jesus. We would like to wish all our numerous subscribers and farmers Happy New Year, this is your year that you are going to accomplish all your agribusiness goals. Yes...everything is possible!!! We want to thank you for being with us throughout 2019, we hope you learnt one or two things on agribusiness from Agrotech Africa Media. And for 2020 , we have LOTS MORE ... for YOU!!!! more agribusiness opportunities that we are going to bring your way . We urge you as you celebrate this season don't forget to set SMART Agribusiness goals. We are going to be sharing the different areas you are expected to set goals to enable you maximize the opportunities a...
AFDB Awards the Sum of $80M Loan to Congo to Set up Agric value chain.

AFDB Awards the Sum of $80M Loan to Congo to Set up Agric value chain.

Agribusiness News
The African Development Bank (AFDB) lends the sum of $80 Million dollars to Congo to enable them establish agricultural financing mechanism that will empower about 350,000 persons in agricultural value chain. The project is expected to contribute to the establishment of a suitable agricultural financing mechanism, as this will boost agricultural productivity over the long term through access to factors of production, soil fertility management and improvement of rural infrastructures among others. “The project will focus on a limited number of value chains, including cassava, poultry, maize, aquaculture and fish farming”, Ali Eyeghe , head of the Agriculture , Human and Social Development for Central Africa Division (RDGC2) at the bank .  According to him, this Integrated Agricultura
Nigeria Consumes 2.5 Million tonnes of Onions Annually.

Nigeria Consumes 2.5 Million tonnes of Onions Annually.

Agribusiness News
The President of Regional Observatory of the Onion Sector in West and Central Africa, Mustapha Khadiri had commended the federal government on the closure of land borders as this will boost local production of onions in Nigeria. Mr. Mustapha Khadiri who spoke on Monday at the 2019 general meeting held in Sokoto disclosed that Nigeria still imports about 1.1 Million tonnes of onion annually. ,despite being the Second largest producer in Africa. Khadiri, however, this decision by the federal government on border closure will be a great blessing to the country , and this will help Nigeria to become self-sufficient in terms of agricultural produce especially onions, as Nigeria consumes 2.5 million tons annually. "The closure is now forcing farmers, especially onion farmers , to ...
Fish Value Chain: ABUAD collaborates with IFAD to Train 80 Youths on Agribusiness.

Fish Value Chain: ABUAD collaborates with IFAD to Train 80 Youths on Agribusiness.

Agribusiness News
Afe Babalola University, Ado-Ekiti (ABUAD) had collaborated with International Fund for Agricultural Development (IFAD) under the Youth Employment in Agribusiness and Sustainable Agriculture (YEASA) to train 80 youths selected from Oyo and Ekiti States on Fish Value Chain and Product's market linkage through Information Communication technology (ICT) and these 80 youths were also awarded start-up grants of One Hundred and Eighty Thousand Naira (N180,000) each. The Project Manager, Professor Amos Onasanya , said the purpose of the training is to equip youths with the necessary agribusiness skills that would boost their productivity. According the University Don, this IFAD project is a 3-year project where one thousand (1000) unemployed youths in both Nigeria and Benin Republic will b...