Truth Is Treasure
From Joy Okeke, Lagos The rising cost of food in the country has pushed the inflation rate, a two years high of 13.7 per cent as prices of food rose by 16.67% for the 13th consecutive months. The National Bureau of Statistics (NBS) said this in its September report, released on Thursday,
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The Central Bank of Nigeria (CBN) disclosed that over N120 billion has been invested on the cotton value chain and projected over 300, 000 metric tonnes of seed by end of this year.Deputy Governor, Corporate Services of CBN, Edward Adamu, said yesterday at the Cotton, Textile and Garments (CTG) stakeholders
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The Nigerian Institute of Food Science and Technology (NIFST) yesterday called on governments, non-governmental organisations, farmers and food processing industries to ensure food security in the nation. The Chairman, Lagos Chapter of NIFST, Mr Sunday Bamgbose, made the call on the sidelines of the institute’s ongoing 44th Conference and Annual General
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A pig farmer, Mr Fortune Alabi, said in Lagos on Saturday that the COVID-19 pandemic has hampered the breeding and selling of pigs, following the lockdown caused by the disease. Alabi made the disclosure in an interview with the News Agency of Nigeria NAN on Saturday in Lagos, while speaking
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From Joy Okeke, Lagos A Nigerian food company, Bubex Foods in conjunction with Free Onboard Logistics has begun arrangements to export an initial eight tonnes of Bubex Pap to the United Kingdom, targeting 450 million tonnes annually. Pap paste otherwise called Akamu or Ogi is a popular local breakfast delicacy in
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From Jude Dangwam, Jos The Plateau State Government has debunked allegation made by the Former Minister of Youth and Sports Development, Solomon Dalung that the Plateau State Government took a loan worth $ 350 million (N140 billion) from the African Development Bank (AfDB) payable over a 25 years period, for the development
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By Mathew Dadiya, Abuja As the Federal Government rolls out the Economic Sustainability Plan and sets goals for National Food Security, President Muhammadu Buhari, Thursday ordered the Central Bank of Nigeria ''not to issue a kobo'' of the country’s reserves for the importation of food items and fertilizer. At a meeting of
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By Mathew Dadiya, Abuja President Muhammadu Buhari Thursday said the COVID-19 pandemic exposed the level of preparedness of nations to shocks of food security, boasting that his administration’s wisdom in promoting self-sufficiency, over the years, helped significantly in averting an eminent food crisis. But the Chief of Staff to the President, Prof
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By Mathew Dadiya, Abuja President Muhammadu Buhari Wednesday, expressed concern about the sudden spiral of food prices, at a time when the economy was already mired in a slowdown occasioned by the global coronavirus situation. The President who frowned at the activities of what he called ”middlemen” and traders in the food
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From Vincent Nyinongu, Makurdi. Benue State Governor, Samuel Ortom wants the Economic and Financial Crimes Commission, EFCC, to probe the failed contracts awarded for the construction of Ruga settlements in parts of the country. Ortom made the call Monday at Benue Peoples House, Makurdi, when he received the
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