Agriculture

Sugar Import Bills Rise To N1.4trn Over Weak Local Capacity
October 6, 2024

Inefficient crushing capacity has foiled government’s plans to reduce $874 million import bill on 1.7 million...

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Soya Beans: Massive Export Stirs 22% Price Increase
October 1, 2024

Despite complaints by local millers, a total of 1.25 million tonnes of soya beans valued at...

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Russia To Commence Importation Of Nigeria’s Cocoa This Month
September 5, 2024

As Russia concludes plans to initiate direct import of cocoa beans from Nigeria, shipments of 17,000...

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H1’24: Malaysia Exports N128bn Worth Of Palm Oil To Nigeria
September 2, 2024

An average of 96,114 metric tonnes of crude palm oil valued at $87.25 million were ferried...

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Nigeria To Take Delivery Of Wheat Worth N194bn In August
August 27, 2024

About 400,000 tonnes of durum, hard red winter and soft red winter wheat varieties valued at...

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Q4’24: Nigerians To Pay N1.95trn On Rice Importation
August 6, 2024

Despite the suspension of 110 per cent import tariff by the Federal Government, Nigerian merchants are...

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Cashew: Poor Pricing Pegs Nigeria’s Export Value At N281bn
July 9, 2024

Despite its premium quality nuts, poor pricing has limited the value of Nigerian cashew exports to...

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Local rice production can only meet 57% of demand in Nigeria – AFAN official
July 9, 2024

The Deputy Chairman of the All-Farmers Association of Nigeria (AFAN), Lagos chapter, Mr. Shakin Agbayewa has...

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Food Processing Firms Spend N865bn On Importation In 3 Months
July 5, 2024

Despite 21.07 per cent contribution of the agricultural sector to the overall Gross Domestic Product (GDP)...

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NBS: 40.2m Households Engage In Agriculture In Nigeria
June 28, 2024

National Bureau of Statistics ( NBS) has said that about 40.2 million agricultural households in Nigeria...

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Spending On Wheat Imports Drops By 78% To N544bn
June 26, 2024

Weak consumer demand and high exchange rate of naira to dollar have pruned wheat imports by...

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Kyari: Nigeria’s Cocoa Export Accounted for 29% of Total Agric Export in 2023
May 24, 2024

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has stated that Nigeria’s coca export...

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