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Food inflation maintains steady rise, hits 17% in May — NBS
National Bureau of Statistics (NBS) says the country’s food inflation has continued its upward trajectory for the fourth consecutive month, reaching 16.96 per cent in May. NBS disclosed this in its May report on food inflation in Nigeria. According to the…
Nigerian agri-business firm signs $60m coffee development deal with Liberia
Nigerian agro-development company, JR Farm Group has signed a $60 million (about N81.6 billion) 20-year partnership deal on coffee production with the Liberian government. The agreement is expected to revitalise Liberia’s coffee sector, expand exports and benefit over 200,000 farmers,…
Stranded W. African migrants toil in Moroccan farms
By Frank Okon Migrants from West Africa are increasingly becoming the backbone of Morocco’s agricultural workforce, stepping into jobs left vacant as local laborers move to cities in search of better opportunities. Across key farming regions in Morocco, migrants now…
Dangote warns rising oil prices may ground Nigerian airlines
Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…
UN warns Hormuz disruption could trigger global food crisis
Ziggy Ojiegbe The United Nations has warned that ongoing disruptions in the Strait of Hormuz could trigger a global food crisis, as constrained flows of fuel and fertilizers threaten agricultural production and raise the risk of higher food prices worldwide….
Indonesia to accelerate biofuel production as oil price soars
Frank Okon Indonesia is accelerating biofuel production and renewable energy development as soaring global oil prices—driven by the Middle East conflict—expose the country’s heavy reliance on fossil fuels. President Prabowo Subianto said Jakarta is moving urgently to strengthen energy security,…
NSIA dairy deal to create 7,500 jobs, strengthen food supply
Sopuruchi Onwuka The Nigeria Sovereign Investment Authority (NSIA) has signed a Memorandum of Understanding (MoU) with UK‑based Asset Green Limited to develop an integrated dairy livestock production and processing platform in Nigeria. The partnership represents a major step toward transforming…
How high seas protection could empower West Africa
Ziggy Ojiegbe The economic fortunes of artisanal fishers in Nigeria and neighboring West Africa nations will drastically improve over time if coordinated policies are implemented to curb currently ongoing overfishing and allow healthier stocks repopulate in high seas and spill…
Ofuka calls for end to cocoa conflicts in Cross River
Ani Bassey Former Special Adviser to the Cross River State governor Senator Ben Ayade on Cocoa Development and Control Ntufam Dr. Oscar Ofuka, has appealed for an end to conflicts in the cocoa sector, urging parties to let God guide…
Cocoa farm row sparks feud in Cross River
Ani Bassey A demonstration cocoa farm on the premises of the Cross River Broadcasting Corporation (CRBC) has become the centre of a public dispute between a former state adviser and the station’s management. The farm was set up during the…
