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N30bn Maize Lost To Insecurity In 2020

N30bn Maize Lost To Insecurity In 2020       To mitigate attacks while cultivating crops on their farmlands, farmers have resolved to work in groups of 100, 200 or 300 persons, it was learnt on Tuesday. It was also gathered that operators in the maize value chain lost...

CBN Vows To Resist Maize Importation

CBN Vows To Resist Maize Importation     The Central Bank Governor, Mr Godwin Emefiele, has said the bank will oppose all attempts to continue importation of maize into the country. In a statement titled ‘Emefiele woos youths to embrace agriculture’, the CBN boss said, “The CBN would...

Despite Import Intervention, Maize Remains N160,000/tonne

Despite Import Intervention, Maize Remains N160,000/tonne         The importation of 262,000 tonnes of maize that was approved by the Federal Government to plug the production shortfall has failed to crash the price of the maize produced locally. Findings on Wednesday showed that the price of one tonne...

Fed Govt Subsidises 5,000MT Of Maize For Poultry Farmers

Fed Govt Subsidises 5,000MT Of Maize For Poultry Farmers     President Muhammadu Buhari, has approved the release of 5,000 metric tonnes of maize from the National Strategic Grains Reserve to support the Poultry Association of Nigeria at a subsidised rate. According to the Federal Ministry of Agriculture...

CBN’s Maize Ban: Food Producers Face Struggles Amid Growth

CBN’s Maize Ban: Food Producers Face Struggles Amid Growth   The Central Bank of Nigeria (CBN) has banned maize importation, raising prospects of potential shortages in the market. There is concern that local farmers may not meet market demand as poultry farmers and other food producers...

Maize Production Will Fall By 25%, Say Growers

Maize Production Will Fall By 25%, Say Growers     There are indications that the production of maize in Nigeria could drop by 25 per cent this planting season as a result of the impact of the COVID-19 pandemic, the Maize Association of Nigeria said on Wednesday. MAAN...