We'll Target 17 Million Rice Farmers This Year Says FG   The number of rice farmers in Nigeria is currently being increased by five million people in order to enhance rice cultivation across the country, the Federal Government has announced. It said although rice farmers in Nigeria...

FG To Firms- "Cut Oil Production Cost Or Stop Producing"   The Federal Government on Tuesday charged crude oil-producing companies operating in Nigeria to either cut down the cost of producing the commodity or allow it to remain in the ground. The government stated that while the...

FG, States Spent 1.8% Of N44tr Budgets On Agric In 3 Years   The federal and state governments have budgeted less than two percent of their total vote of N44 trillion for agriculture in the last three years, according to an investigation by Daily Trust using...

N21.73trn Debt: Economist Cautions FG On External Borrowings   An economist, Prof. Sheriffdeen Tella, on Monday described the nation’s debt stock of N21.73 trillion as worrisome and urged the Federal Government to stop external borrowing. Tella, a professor of Economics at Olabisi Onabanjo University, Ago-Iwoye, Ogun,...

Customs Shows Support For FG’s Local Rice Initiative   The Nigeria Customs Service has rallied support for the federal government’s efforts to transform the agricultural sector as a major income earner. The Comptroller of the Oyo/Osun command, Comptroller Christopher Ogar Odibu, who made the call at a...

T-bills: FG To Repay N482bn Debt In Q2   The Federal Government is planning to repay N482bn of treasury bills in the second quarter and will halve the amount it wants to raise between March and May to lower borrowing costs, according to a debt auction...