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Nigeria Has $900bn Dead Capital In Real Estate, Agric – PWC

Nigeria Has $900bn Dead Capital In Real Estate, Agric - PWC         Nigeria holds as much as $900 billion worth of dead capital locked up in residential real estate and agricultural land, including federal government’s abandoned properties estimated at N230 billion, said PWC Nigeria. Dead capital refers...

Niger Gets N1.5bn CBN Loan To Boost Agriculture

Niger Gets N1.5bn CBN Loan To Boost Agriculture     Niger State government on Thursday disclosed that it has accessed N1.5 billion Central Bank of Nigeria (CBN’s) Accelerated Agriculture Development Scheme to boost production of rice, maize and soya beans in the state. The state Commissioner for Livestock...

We’re Injecting N600bn Into Agriculture – Fed Govt

We’re Injecting N600bn Into Agriculture – Fed Govt     The Federal Government has resolved to inject over N600bn as stimulus response into Nigeria’s agricultural sector, the Minister of Agriculture and Rural Development, Sabo Nanono, has said. Nanono said the fund would target small scale farmers to ensure...

AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture

AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture     The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and longer term measures to tackle nutrition and food crisis situation in the Continent. This is part of...

Bangladesh-Nigeria To Sign Bilateral Pact On Agriculture

Bangladesh-Nigeria To Sign Bilateral Pact On Agriculture   The Bangladesh High Commissioner to Nigeria, Mr. Shameen Ahsan, has disclosed that his country will soon sign an agreement with Nigeria, in the area of agriculture. Speaking at a Nigeria-Bangladesh Business Forum, held in Lagos, recently, he said it...

US Invests $165m In Nigeria In 4 Years To Boost Agriculture

US Invests $165m In Nigeria In 4 Years To Boost Agriculture   The United States on Thursday announced that it had invested about $165m (N50.56bn at the official exchange rate of N307 to one dollar) in the development of Nigeria’s agricultural sector in four years through...