Agriculture

Agriculture drives recovery in Q3 13 GDP

The National Bureau of Statistics (NBS) reported that GDP grew 6.81% YoY in Q3 13--33bps and 63bps higher than in Q3 12 and Q2 13 respectively. As in recent quarters, non-oil GDP continued to drive domestic output with its Q3 reading 40bps higher than in
Rockefeller Foundation Highlights OLAM's Rice Initiative in African Agriculture.

Olam International Limited (Olam or the Company), a leading global, integrated supply chain manager and processor of agricultural products and food ingredients,was chosen by The Rockefeller Foundation to feature in its centennial series and recent Sum
Agric Value Chain or Nigeria’s Value Chain

The latest macroeconomic indicators of Nigeria showed a 0.43% decline in GDP growth to 6.56% in Q1 2013 relative to the preceding quarter. This drop was partially attributed to a decline in agricultural output in the period under review.
GDP Growth & Nexus with the Capital Market: Agriculture shows the way

The oil & gas sector remains Nigeria's major source of resource with a contribution of approx. 70% of foreign exchange earnings.
Agric sector to create 3.5m jobs by 2015 - GEJ.

President Goodluck Ebele Jonathan said Tuesday in Geneva, Switzerland that his Administration has embarked on bold policy and institutional reforms aimed at adding 20 million metric ones of food to domestic supply and creating at least 3.5 million new job
N60B Naira Expenditure on Mobile Phones for Farmers Not True

My attention has been drawn to the issue of 60 Billion Naira to be spent on phones for farmers, reported in some media sites and papers. The information is absolutely incorrect. My Permanent Secretary was totally misquoted out of context. There is no 60 B
GON to Procure 10m Handsets worth N60bn from China for Farmers

The Federal Government is to spend between N40 billion and N60 billion to procure 10million telephone handsets from China and the US for free distribution to rural farmers across the country.
Vegetable/Palm Oil Producers – Govt’s Position

The product is presently enjoying the maximum tariff protection of 35% duty rate, which is targeted at encouraging the local production of palm oil in which peasant enterprise is dominant, and which provides jobs for millions of Nigerians based in the rur
AGRICULTURE ALERT: Concerns over Review of Crude Palm Oil Import Tariff

Our attention has been drawn to the orchestrated and clandestine move of certain industrialists and aided by the Technical Committee on Tariff and Trade in the Federal Ministry of Finance to pressure the Federal government to reduce or remove the existing