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Agribusiness: Expert Laments N5trn Annual Loss on Perishable Products

Agribusiness: Expert Laments N5trn Annual Loss on Perishable Products By Nafisat Bello An expert in agribusiness, Dr Peter Anyim, has expressed worry over the state of agriculture in Nigeria as the sector remains an unfulfilled potential in the country. He said the annual post-harvest loss of 5...

‘Agribusiness Can Contribute N402trn To GDP’

‘Agribusiness Can Contribute N402trn To GDP’         The Chief Executive Officer (CEO) of Green Eagles Agribusiness Solutions Limited, Taiwo Oluwadahushola, has said agriculture business can contribute N402 trillion to the Gross Domestic Product (GDP) of Nigeria if it is well harnessed. Speaking in Lagos at a symposium...

Nigeria, US Set To Mobilise $300m For Agribusiness

Nigeria, US Set To Mobilise $300m For Agribusiness   The Federal Government, the United States and other stakeholders have mapped out strategies to mobilise $300m to support investment and boost business in the agricultural sector in the country. The fund aimed to reach at least 5,000 small...

Agribusiness: CBN To Increase Intervention Fund To N60bn

Agribusiness: CBN To Increase Intervention Fund To N60bn     The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, on Thursday commenced the disbursement of N26bn Agribusiness/Small and Medium Enterprises Investment Fund to the first set of beneficiaries. The fund was set up by the Bankers’...

FG to Establish $300m Agribusiness Loan Project for Youth Farmers

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, says it will establish a $300m agribusiness loan project for youth farmers across the country. NIRSAL is an arm of the Central bank of Nigeria that provides agribusiness investments credit risk guarantees to help drive economic...