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Kogi  State to boost Cashew Nuts Business

Kogi State to boost Cashew Nuts Business

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Kogi State government says it has rolled out new measures to salvage the dwindling fortunes of cashew business in the state. The state Commissioner for Agriculture and Natural Resources, Mr Kehimde Oloruntoba, told newsmen in Lokoja on Monday that the new measures would restore exporters’ and investors’ confidence in Nigerian cashew. According to him, cashew business in Nigeria has dropped in value from about N70 billion in 2017 to a little over N20 billion in 2018. He said that the state, which had the potential to make about N350 million revenue annually, realised a paltry N6 million in a year from the business. The commissioner said that Kogi produced 50 per cent of the over 200,000 tons of cashew currently produced in Nigeria. The commissioner said the new regu
Gombe Spent N2.5B annually to Procure Fertilizer -Commissioner reveals

Gombe Spent N2.5B annually to Procure Fertilizer -Commissioner reveals

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The Gombe State Government said it is spending N2.5 billion annually to procure and subsidise fertilizer to farmers across the 11 local government areas of the state. The state Commissioner of Agriculture, Alhaji Dahiru Buba Biri, disclosed this in Gombe during the National Programme on Promotion of Organic Fertiliser Use in Nigeria, organized by the Federal Ministry of Agriculture and Rural Development. Represented by the Programme Manager of the Agricultural Development Programme (ADP), Mr Laban Binus, the commissioner said the state government was spending the huge amount on agriculture as a tool to alleviate poverty in the rural areas. “Since coming on board in 2011, this administration spends N2.5 billion annually to procure fertilizer which is given to our farmer
Fidelity Bank Emerges Winner of The  Agribusiness Bank of the Year Award.

Fidelity Bank Emerges Winner of The Agribusiness Bank of the Year Award.

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Fidelity Bank Plc, top Nigerian lender has clinched the award for “Bank of the Year” on Agribusiness at this year’s edition of the Leadership Awards 2018 held in Abuja recently. The bank won the prestigious award in staunch recognition of its unparalleled commitment to growing the nation’s economy by supporting the agricultural industry and consistently enhancing the development and competitiveness of Micro Small Medium Enterprises (MSMEs). Receiving the award on behalf of the bank at an elaborate presentation ceremony which turned out to be a gathering of the crème de la crème of society, Mohammed Balarabe, Deputy Managing Director (DMD), Fidelity Bank Plc said: “We are greatly honoured to be recognised as the 2018 Bank of the Year as one of the most supportive banks
Credit Facilities For Farmers by The Grow With Nigeria Scheme.

Credit Facilities For Farmers by The Grow With Nigeria Scheme.

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Guinness Nigeria Managing Director Baker Magunda said: “We have launched this initiative to further demonstrate our commitment to the Federal Government’s policy on diversification and local content, the growth of the agricultural value chain and that of small holder farmers who form an integral part of our business. THE  Grow With Nigeria scheme, an agricultural scheme initiated by Guinness Nigeria Plc,  is driving national development by making credit facilities available to farmers. Farmers under the scheme are provided access to finance, certified seeds, unadulterated input, mechanisation, training on good agronomic practice and basic book keeping, supplier credit process, extension support and access to market. Guinness has built a strong portfolio tha
Opportunities in Livestock Fattening Business -Agbaji Chinedu shares the Secrets.

Opportunities in Livestock Fattening Business -Agbaji Chinedu shares the Secrets.

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Livestock Fattening Business is the intensified feeding of animals to obtain the greatest quantity of high-quality meat. Cattle, swine, sheep, poultry, and rabbits are fattened. The quality of the meat and the economic indexes of the fattening of livestock depend on the species, breed, sex, age, health, and fatness of the animal, as well as on type and intensiveness of feeding and on maintenance conditions. Animals that are fattened include the entire healthy population to be slaughtered for meat. Ruminant animals’ productivity in Nigeria is low. Livestock slaughtered are generally old and produced over a period with a variable nutritional history yielding tougher meat than desirable. Currently, nutrition is so poor that feed finishers only invest in mature anima
420 Abia Farmers Benefit From FG’s Credit Facilities

420 Abia Farmers Benefit From FG’s Credit Facilities

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He disclosed his readiness to engage his constituents, particularly the youth in the agriculture sector as well as encourage them to pursue agriculture-based educational careers. Over 420 farmers in Umuahia North Local Government Area have received credit facilities ranging from N200, 000.00 to N300, 000.00 from the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN) for sustainable production. Facilitator of the programme, Barr Mike Obi-Okezie, stated this yesterday while speaking to journalists in Umuahia, the Abia State capital. He urged the youths in the state to key into the programme. The candidate of the Young Peoples Party (YPP) for Ikwuano/Umuahia Federal Constituency at the National Assembly in the forthcoming general election decried the state of agriculture in th...
I make N450,000 monthly from poultry  farming-House wife

I make N450,000 monthly from poultry farming-House wife

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“Poultry farming is a goldmine because layers start laying eggs within 28 weeks, meaning you get turnover of investment in just seven months and turnover from broilers in just four months." A Kaduna-based housewife, Hajiya Hassana Idris, said on Thursday that she smiled to the bank with N450,000 monthly from poultry farming business. Idris, who made this known in an interview with the News Agency of Nigeria (NAN) in Kaduna, described poultry farming as a lucrative business a woman could do with little stress. She also described poultry farming as the ideal business for women, because of its short gestation period and the potential to generate over a million naira in a month. According to her, chickens grow very fast, unlike goats and other livestock businesses that ta
How to Start  Agribusiness this year 2019.

How to Start Agribusiness this year 2019.

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Agribusiness is a lucrative venture for one to get involved in. Agribusiness and Agro-Industry have the potential to contribute to a range of economic and social development processes, including increased employment generation, poverty reduction and improvement in nutrition , health and overall food security. To really delve into this new found venture the following are tips to guide through- Acquire adequate training on a particular Agribusiness you want to delve in. Get comprehensive knowledge on what you want to do. Agribusiness is so broad that requires one to really focus on a particular Agribusiness Niche. Develop an Agribusiness Business Plan: Every business needs a business plan. Having a business plan will really help to articulate the strategic direction for your Agri...