The Federal Government has announced that 571,000 tonnes of foreign rice warehoused in neighbouring countries were being targeted for the Nigerian market for the Christmas and New Year season, but vowed to stop their entry. It also stated that Nigeria recently took delivery of 110...

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that rice revolution has started in Nigeria. The CBN governor also said the apex bank does not have foreign exchange to continue to support importation of farm produce, including rice, wheat, tomato and...

Nigeria is presently in short supply of 600,000 tons of dairy milk and is partnering with major national and international stakeholders in the dairy sector to inject a considerable volume and drastically reduce importation of milk in 2019, the Federal Government has said. The Minister...

The Federal Government has declared that the price of rice would start to fall from November this year. It stated that more Nigerians had returned to their various farms, adding that at the next harvesting season next month, the price of rice would start to...

The discovery of crude oil in Nigeria should have brought remarkable development to the country, but that has not been the case for the nation. Before the discovery of crude oil, agriculture was the main stay of the Nigerian economy, but it was relegated...

Recent report revealed that about 70 per cent of over N500bn raised from the Federal Accounts Allocation Committee in June came from the non-oil sector. This was revealed by the Executive Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler. According to Fowler, who is...