April 2023

Court halts concession of Ajaokuta Steel, Itakpe Iron Ore mining companies

A Kogi State High Court sitting in Lokoja, the state capital, has ordered the Federal Government to desist from proceeding with the concession of the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO) at Itakpe. The court also barred the government from conducting its planned virtual pre-qualification conference interview slated …

Court halts concession of Ajaokuta Steel, Itakpe Iron Ore mining companies Read More »

Mango is one of the most widely cultivated fruits in Nigeria and is a significant source of income for farmers

and processors. The Nigerian mango processing market is growing, and there is an increasing demand for processed mango products both locally and internationally. Mango processing involves various stages, including sorting, washing, peeling, cutting, and packaging. The processed mango products include dried mangoes, mango puree, mango juice, and mango jam. The demand for mango products in …

Mango is one of the most widely cultivated fruits in Nigeria and is a significant source of income for farmers Read More »

Petrol: Subsidy Removal Extension Provides New Investment Opportunities- Stakeholders

For marketers and potential investors in the midstream and downstream oil and gas sectors, the decision to tarry a little with the removal of the petrol subsidy shows some sensitivity on the part of Government which may have considered proposals forwarded by key marketers which included proposals for intended investments in the industry. From indications …

Petrol: Subsidy Removal Extension Provides New Investment Opportunities- Stakeholders Read More »

FG Reaffirms its Commitment to Rejuvenate the Rubber Industry

The Federal Government has reiterated its commitment to revitalize the rubber industry as part of its effort to boost economic growth, with an emphasis on shifting the country’s economy away from oil and toward agriculture. This was announced on Wednesday in Abuja by Dr Ernest Umakhihe, Permanent Secretary of the Federal Ministry of Agriculture and …

FG Reaffirms its Commitment to Rejuvenate the Rubber Industry Read More »

NEPZA seeks $22 billion from Delta as Special Economic Zone Investment

The Nigeria Export Processing Zones Authority (NEPZA), a special economic zone, claims it is aiming for a 22 billion dollar investment from Delta state to improve the trade zones program in the state and across the nation. The agency’s managing director, Prof. Adesoji Adesugba, disclosed this information at the presentation of a license to the …

NEPZA seeks $22 billion from Delta as Special Economic Zone Investment Read More »

BANANA MARKET IN NIGERIA

Banana Cultivation

As of 2021, the banana market in Nigeria is relatively small, with limited domestic production and significant imports. However, the market presents opportunities for both local and foreign investors, given the country’s population size and growing demand for healthy and nutritious fruits. Market Overview: Banana is not a major staple food in Nigeria, as it …

BANANA MARKET IN NIGERIA Read More »

Stakeholders Applaud Kwara Government’s Implementation of Agro-Processing Zone (SAPZ)

The Special Agri-Industrial Processing Zone (SAPZ) project’s national project coordinator, Kabir Yusuf, has praised Governor Abdurrahman Abdurrazak for agreeing to provide matching funds to carry out the SAPZ project in Kwara State. According to Yusuf, the express approval of payment to the corresponding fund for the project’s completion in 2023 is a significant step toward …

Stakeholders Applaud Kwara Government’s Implementation of Agro-Processing Zone (SAPZ) Read More »

FG APPROVES N6B TO CONSTRUCT CORPORATE HQ FOR AGRIC MINISTRY

A request for the construction of the Federal Ministry of Agriculture and Rural Development’s corporate headquarters was accepted by the Federal Executive Council (FEC) at a meeting on Wednesday.Mahammad Abubakar, the minister of agriculture and rural development, told reporters following the council meeting that the new headquarters would initially be built using N6 billion.He claimed …

FG APPROVES N6B TO CONSTRUCT CORPORATE HQ FOR AGRIC MINISTRY Read More »

BANANA MARKET IN NIGERIA

Banana Cultivation

As of 2021, the banana market in Nigeria is relatively small, with limited domestic production and significant imports. However, the market presents opportunities for both local and foreign investors, given the country’s population size and growing demand for healthy and nutritious fruits. Market Overview: Banana is not a major staple food in Nigeria, as it …

BANANA MARKET IN NIGERIA Read More »

Scroll to Top