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Showing posts from August, 2015

Nigeria Loses $1.2bn Daily To Oil Thieves – Prof Eshett

The former deputy vice chancellor, University of Science and Technology, Owerri, Prof Ebong Thomas Eshett has disclosed that Nigeria was losing about 400,000 barrels per day to oil thieves and vandals which is approximately $1.2 billion.

This is even as he called on President Muhammadu Buhari to declare a state of emergency in the ailing power sector saying that steady power supply had remained impossible in Nigeria since 1960.
He made this revelation in Abuja yesterday during the 10th anniversary celebration of “African Icon of Our Generation Award,” organised by Accolade Communications Limited, Lagos in collaboration with International Centre for Comparative Leadership for Africans and Blacks in Diaspora.

In his presentation titled, Reforming, Restructuring and Re-Positioning Nigeria for True Greatness and Sustainable Economic Development, he advocated for the review of jumbo salaries paid to legislators and other public office holders and channel the excess monies in…

D’banj Speaks On New Album, Agriculture and Marriage

‘Nigeria Spends $1.5bn Annually on Importation of Tomato Products’

To benefit from new high-yield tomato seeds By George Okoh in Makurdi
Director General and CEO of the Raw Material and Research and Development Council (RMRDC) Dr. Husaini Ibrahim, has revealed that Nigeria spends around $1.5 billion annually on tomato products importation from China and other parts of the world.
Ibrahim said such imports were unsustainable following the economic downturn befalling the country, and added that the country can reverse the trend with the introduction of improved seeds that yield more in dry season farming.
Also, to address the problem of acute shortage of tomato vegetables and boost Nigeria foreign currency earning, the council introduced improved and certified high yielding tomato seeds to various Growers Associations in the country.
Ibrahim, represented by a Consultant with RMRDC, Dr. Usman Argungu Hassan, disclosed these yesterday while addressing farmers in Lafia, and said the essence of introducing the improved seeds is to boost its …

Nigerian Catfish Farmers Can Save The Nigerian Economy, But Does Our Govt Care?

Developing nations of the world depend mainly on the primary sectors of the economy which basically are mining and agriculture.
The situation in Nigeria is not different, only that the majority of Nigeria’s working population depends on agriculture more than mining. Agriculture is the most important sector of Nigeria’s economy, and research shows that about 70% of Nigeria’s labour force is engaged in agriculture.

Community Supported Agriculture: Connecting consumers, farms

Agriculture Remains Largest Employer of Labour - Dangote

Lagos — President and chairman of the newly inaugurated Nigeria Agricbusiness Group (NABG), Alhaji Sani Dangote, has affirmed that agriculture remains the largest employer of labour, and so the private sector must put its acts together to engage with government.

Dangote stated this during the inauguration of NABG attended by farmer associations, input dealers, representatives of finance and Insurance sectors, the supply value chain, poultry, fisheries, research and development in Lagos.

He noted that though the journey to bring agriculture to the forefront would not be easy, Dangote called for patience and unity so that the association can meet her objectives.

"There was nobody to interface with government at any level to represent the interests of the private sector, but now with the NABG, there will be a platform to discuss issues and challenges and be able to engage government on these issues.

Speaking further he said: "For many decades the agricultural …