Agriculture
CBN Approves N10 billion Agric Loan For Kogi Workers
From Joseph Amedu, Lokoja
The Central Bank of Nigeria (CBN) has approved N10 billion Agricbusiness Retirement Loan Scheme for Kogi state.
No fewer than 10,000 Kogi State Government workers are to benefit from the Central Bank of Nigeria loan billed to take off soon in the state.
Mr Joseph Idoko, Consultant in charge of the Scheme, who disclosed this while addressing journalists on the significance of the scheme on Monday in Lokoja said the CBN had already approved the fund for the scheme.
Idoko hinted that the programme, an off-shoot of the CBN Anchor Borrowers Scheme, was specifically an indirect cluster farming investment for the workers, with Oil palm and its value chain as mandate crop.
According to him, the broad objectives of the Agribusiness programme, designed under the CBN real sector support facilities, include the diversification from oil to non-oil sectors and to provide retirement investment farms for workers.
Idoko said that the scheme, fashioned under the CBN Real Sector Support Facilities, “is designed as a retirement investment scheme for government workers and workers in the organised private sector.”
He said that scheme also planned, among other objectives, to enrol the participating workers in the National Health Insurance Scheme (NHIS) under the Organised Private Sector.
The Consultant explained that beneficiaries would cut across the Ministries, Departments and Agencies (MDAs) as well as staff of the state Judiciary and institutions of higher learning in the state.
“Ten thousand (10,000) workers are expected to participate in the scheme which has a full cover of the Leadway Insurance”, he said, adding that registration of the workers had commenced in various MDAs and would end on Tuesday, May 12.
Idoko said that land for the 10,000 hectres Oil-palm estate had been provided at Amaka in Igalamela-Odolu Local Government Area with partners from Florida, USA.
“The idea is for government workers to retire into a particular business that even when they are no more in goveenment work, something can be coming to them to be able to take care of their families.
He said that the pilot scheme being launched in Kogi was a demonstration of Governor Yahaya Bello’s commitment to providing workers with a new lease of life and also guarantee their well-being after retirement.
Idoko commended the state Head of Service, Dcns. Deborah Ogunmola, the Organised Labour under Comrade Onuh Edoka, the Ministry of Agriculture and other stakeholders for contributing to the smooth take off of the scheme.
According to him, the scheme comes in form of a loan of N1million to each participant at nine per cent interest and payable with nine years after a two-year moratorium.
The benefitting workers would begin to receive a N240,000 each as annual dividend after a four-year gestation period before the oil palm starts producing and from then, the dividends would service the loans and liquidate them.
Agriculture
Residents Groan Under Rising Tomato Prices, Seek Alternatives
Some residents in Lagos State have expressed concern over the recent surge in the price of tomatoes, forcing many households to adopt alternatives.
The residents made their views known in separate interviews on Wednesday in Lagos.
A market survey showed that a 50kg basket of tomatoes now sells between N115,000 and N125,000, compared to between N35,000 and N40,000 recorded last month.
Olachi Igwe, a resident of Ago Palace, said the scarcity and high cost of tomatoes had disrupted her household’s meal plans.
“I contacted my usual vendor, but she said tomatoes were scarce and difficult to source.
“A small bowl we used to buy for between N3,500 and N4,000 now sells for as high as N6,000 to N7,000, when available.
“For now, my family will resort to palm nut stew (ofe akwu) until prices stabilise,” she said.
Another resident, Mercy Okeleye of FESTAC, said although her family prefers fresh tomatoes, rising prices have forced her to consider cheaper options.
“I cannot do without fresh tomatoes because of the taste, but I may have to buy broken ones, popularly called ‘esha’, which are relatively cheaper.
“I do not consider tomato paste a suitable substitute because it is not purely made from tomatoes,” she said.
Also speaking, Tope Babalola from Dopemu, said she might adjust her cooking methods if prices remain high.
“I have not bought tomatoes in over a month, but if the price is still high, I will use more onions and peppers.
“I will not resort to artificial additives; I prefer natural ingredients for my meals,” she said.
Joan Ogugua, another resident, said she had already switched to tomato paste to cope with the situation.
“I asked my son to buy tomato paste for our meals. I cannot justify spending excessively on fresh tomatoes when other basic needs must be met,” she said.
Also, Oge Ugwu, a civil servant at Lekki, said she would resort to cucumber stew with the recent price hike.
Agriculture
Tomato Farmers Predict Steady Price Hike from May
The Tomatoes Growers and Processors Association of Nigeria (TOPAN) has predicted a steady increase in the price of the produce between May and June 2026.
The Kaduna State Chairman TOPAN, Rabiu Zuntu, disclosed this in an interview recently in Lagos.
Zuntu noted that although there is no particular time for tomatoes planting season up north, seasonal weather variations can affect the production of the produce.
“Although we can plant tomatoes all-year-round, we cannot assure quality harvest all-year-round.
“Some farmers are harvesting now, while others are transplanting, and others are harvesting.
“Tomatoes are still available for sale but the price of the produce is gradually on the increase.
“Come May/June, the prices of tomatoes will be very expensive, so now is a good time to stock up the produce. There’s always a scarcity within that period.
“This is because of the nature of the weather in the north around that period, the weather is usually very hot and tomatoes cannot resist such hot temperature,” he said.
Zuntu said the price of tomatoes have started rising up in the north.
“A 50kg rafia basket of tomatoes sells from N20,000 as against N7,000 to N10,000 that was sold earlier in the year.
“While a crate of tomatoes up north is sold between N10,000 and N15,000 as against N5,000 to N6,500 sold earlier in the year.
“In most part of Kano State, where there is bumper harvest, they are rounding off their harvest. So, tomato is not that available there and most buyers have turned to where they can find it now, mostly within Kaduna State and some parts of Plateau State.
“So, that’s why the supply has decreased and the tomato supply and cost is determined by the law of demand and supply,” he said.
A 50kg basket of tomatoes in Lagos, at the moment, sells between N40,000 and N60,000 depending on the size and quality.
Agriculture
Lack of Irrigation Facilities Crippling Dry Season Farming in Oyo
The Smallholder Women Farmers Organisation in Nigeria (SWOFON), Oyo State chapter, has said that the lack of irrigation facilities had become a major obstacle to dry season farming in the state.
The Chairperson of SWOFON in Oyo State, Atinuke Akinbade, said this in an interview in Ibadan on Monday.
Akinbade, who shared the experiences of women farmers in the state during the 2025 dry season, said that inadequate access to water for irrigation significantly affected the performance of many farmers during the period.
“It hindered many older farmers from participating in dry season farming and also prevented younger farmers from doing as much as they could in cultivating large acres of land,” she said.
Akinbade explained that farmers who managed to plant during the season struggled to access sufficient water to irrigate their farms, a situation worsened by the effects of climate change.
“Many farmers who depended on streams and wells to water their crops suffered major setbacks because those sources could not provide enough water for irrigation.
“Some farmers had to resort to buying water from commercial water tankers, which increased the cost of production, while at times it was even difficult to get water from the tankers,” she said.
The SWOFON chairperson warned that failure to address the problem could worsen food insecurity in the coming months.
“Even now, rainy season farming has not fully commenced because of the irregular rainfall pattern.
“This is a double burden, and if nothing is done, it may lead to serious hunger later,” she said.
Akinbade, however, acknowledged that the government had organised training for members of the association on home gardening.
She, however, said that little support was provided to address the challenges of dry season farming.
The chairman said that the home garden support package given to members consisted mainly of seedlings and one sprayer.
“They gave us two packs each of maize and pepper seeds, with six seeds in each pack, as well as one sprayer, so that we can grow food for household consumption,” she said.
Earlier, Oluwatoyin Oyedeji, SWOFON Coordinator in Oyo East, explained the severe hardship members of the organisation experienced in sourcing water for irrigation.
“Many farmers are already counting their losses because water was not available to irrigate their farms.
“Those who depended on streams and brooks were badly affected because many of them dried up, while the few that still had water had so little that farmers had to dig deeper into the ground in search of more,” Oyedeji said.
In the same vein, the Women Leader for farmers in Saki East, Musiliu Ashiru, said the absence of irrigation facilities also hampered dry season farming in her area.
According to her, many farmers still engaged in dry season farming have had to pay for water to keep their crops alive.
“Many of them buy water from the dam here to irrigate their crops. It has not been easy for them this year,” Ashiru said.


