The Federal Executive Council (FEC) has ratified Nigeria’s membership of the International Coffee Organisation.
 
The Minister of Industry, Trade and Investment, Adeniyi Adebayo announced this on Wednesday at the end of the 20th virtual FEC meeting presided over by President Muhammadu Buhari. Adebayo said this now gives Nigeria full membership status at the organisation having already signed the agreement since 2008…
 
More details through:
https://dailytrust.com/nigeria-joins-global-coffee-organisation

Despite the claim by Federal Government that Nigeria has become Africa’s largest rice producer, the country is still in deficit of 1.56million tonnes valued at N358 billion ($778.2million).
 
The shortfall is 30.95 per cent of the country’s domestic consumption estimated at 6.6 million tonnes. Findings by New Telegraph from Index Mundi, a global import and export portal, revealed that the country had been able to produce 70 per cent of its consumption.
 
As at October 2020, it was gathered that locally milled rice production had reached 5.04million tonnes or N1.15trillion ($2.51billion). Within one year, the Central Bank of Nigeria (CBN) through its anchor borrower scheme has boosted local production by 11.2per cent or 600,000 tonnes. The Minister of Agriculture and Rural Development, Sabo Nanono, had explained in Abuja at the 2020 World Food Day that significant progress had been made to improve agricultural productivity since the inception of the present administration. He noted: “To boost food security…
 
More details through:
https://www.newtelegraphng.com/nigerias-rice-deficit-down-by-n358-2bn/
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Nigeria is now the largest producer of rice in Africa, the Federal Government said on Tuesday.
 
Minister of Agriculture and Rural Development, Sabo Nanono, said this in Abuja at an event to mark the 2020 World Food Day, celebrated annually on October 16. Nanono said, “Significant progress has been made to improve agricultural productivity since the inception of the present administration.
 
“To boost food security, Nigeria has curbed imports and has established a robust rice production programme to encourage more rice production at home…
 
More details through:
https://punchng.com/nigeria-now-africas-largest-rice-producer-fg/

Nigerian exporters earned $10.4million from the exportation of ginger in 2019. This comes as the farmers said they were doubling production this year to tap into the $3billion global ginger market.
 
Nigeria, though the largest producer of ginger in Africa and the 7th largest producer of the commodity in the world, has yet to fully seize the global ginger market due to its inability to export value-added products.
 
But the Permanent Secretary, Federal Ministry of Trade and Investment, Dr. Nasir Gwarzo, during the inauguration of the National Executive Committee of the Ginger Association of Nigeria urged the association to come up with ambitious targets that would enable Nigeria to become the leading exporter of the product…
 
More details through:
https://guardian.ng/business-services/nigeria-earned-10-4-million-from-ginger-export-in-2019-2/
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The President/Chairman in Council, Chartered Institute of Professional Printers of Nigeria, Olugbemi Malomo, in this interview with NIKE POPOOLA, speaks on the need to revive the moribund paper mills in the country and urgently implement policies that will promote productivity and protect the future of the printing industry…
 
More details through:
https://punchng.com/nigeria-imports-paper-worth-n3tn-annually-malomo/
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Africa’s leading foods and manufacturing conglomerate, BUA Group, on Friday, signed an agreement with FAVA of Italy for the supply and installation of a pasta processing plant with a total capacity of 720tons per day of pasta across 5 lines which, when completed in 2021, will see BUA become the second-largest pasta producer in Nigeria. 
 
This new plant will complement BUA Group’s already existing 720tpd pasta processing plant in Port Harcourt, bringing BUA’s total installed pasta processing capacity to 1,440tons per day across 10 lines by the end of 2021…
 
More details through: 
https://www.vanguardngr.com/2020/10/bua-group-fava-of-italy-partner-on-720tons-day-pasta-processing-plant/

The Federal Government on Monday said its interventions in the rice value chain led to an increase in rice production in Nigeria by 1.2 million metric tonnes within three years.
 
Minister of State for Agriculture and Rural Development, Mustapha Shehuri, said this while assessing the Federal Government rice farms/mills in Omor and Umerum at Ayamelum Local Government Area, Anambra State, under the Agricultural Transformation Agenda Support Programme-1.
 
Shehuri also stated that government would revitalise its rice farm in Anambra to boost rice production, create jobs and improve the living standard of people in the state and the region…
 
More details through:
https://punchng.com/rice-production-has-increased-by-1-2-million-metric-tonnes-fg/
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Olam Nigeria has said that the partnership between it and the International Fund for Agricultural Development (IFAD), and the Federal Government of Nigeria on the Value Chain Development Programme (VCDP) has boosted the country’s economy with over $7.9 million (N3 billion). The programme was launched in 2014 with the aim of generating wealth for smallholder farmers, thereby improving their livelihoods, while also enhancing food security in the country. 
 
The VCDP provides inputs and training to smallholder rice farmers with guaranteed buy back of between 80 to 90 per cent of the rice paddy produced by the farmers at competitive market prices while the rest of the rice paddy is reserved by the smallholder farmers for personal consumption.
 
The Olam IFAD VCDP initiative kicked off in 2015 in Benue State with 475 farmers. As at 2020, the programme has been extended to Taraba State with a total of 18,646 registered smallholder farmers…
 
More details through:
https://www.sunnewsonline.com/olam-nigeria-ifads-value-chain-devt-injects-n3bn-into-nigerian-economy/
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Import quota restriction and cororavirus pandemic have affected the annual projected 4.5million tonnes fish imports into the country between February and August this year. Finding revealed that only three countries- United States, Chile and Albania were able to export some fish valued at N89.6billion ($190.7million) within the period.
 
The country spends $700million annually on fish importation in terms of foreign exchange because of the country’s deficit of close to two million tonnes, while production stands at less than 1.2 million tonnes…
 
More details through:
https://www.newtelegraphng.com/fgs-restriction-trims-fish-import-to-n89-6bn/
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Oyo State Government has reiterated its commitment to the development of all sectors of agricultural practice and services in the State as it announced its readiness to renovate the nine veterinary facilities in the State.
 
The State’s Commissioner for Agriculture and Rural Development, Jacob Ojemuyiwa Ojekunle revealed this at a One Day Stakeholders meeting with Veterinarians on Harmonised Demand Notice, held at the State Veterinary Hospital, Mokola, Ibadan on Thursday.
 
Ojekunle, who spoke through the Permanent Secretary of the Ministry, Bolatumi Oloko during an interview, noted that the present administration in the State, under the leadership of Governor Seyi Makinde was passionate about reviving and revamping every aspect of agriculture in the State and therefore has approved the renovation of all nine State-owned veterinary facilities where veterinary services were offered…
 
More details through:
https://businessday.ng/agriculture/article/oyo-to-renovate-9-veterinary-facilities-rolls-out-bill-for-practitioners/
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