September 2023

Tinubu: Fuel subsidy removal has saved $1.32 Billion in just two months

Nigeria saved over 1 trillion Naira ($1.32 billion) in just over two months by eliminating expensive gasoline subsidies and converging currency rates.President Tinubu justifies the subsidy removal, stating it primarily benefited elites and believes the move will boost the economy.Labor unions pressure Tinubu as prices rise, but the president unveils a 500 billion naira plan …

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Gas Emerges as Key Catalyst for Nigeria’s Economic Recovery

President Bola Ahmed Tinubu  has restated his government’s dedication to capitalizing on the nation’s abundant gas reserves, both domestically and internationally, as a transitional energy source to stimulate the essential overhaul of the country’s economy for robust expansion. A statement released by Ajuri Ngelale, the Presidential spokesperson, underscored the commitment to promptly eliminating any obstacles …

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Panel agrees agriculture can only grow through impactful collaboration

Marleny Arnoldi | Creamer Media With the South African agriculture sector not enjoying the same level of State support as many of the countries it is expected to compete with globally, it is vital that agribusinesses at least be enabled to operate and support one another, a panel of speakers have agreed. The speakers participated …

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Poultry farmers in Ogun protest against rising cost of feeds, seek intervention

Poultry farmers have staged a peaceful protest in Abeokuta, Ogun State capital, to draw the government’s attention to the rising cost of feed currently being witnessed across the country. The placards-carrying farmers, under the aegis of the Poultry Association of Nigeria, Ogun State (PANOG), urged the Federal Government to release grains from the National Strategic …

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NLNG’s DLPG Scheme Guarantees 40% Cooking Gas Supply, Boosting Domestic Market Resilience

The Nigeria Liquefied Natural Gas Limited (NLNG) has announced that its domestic liquefied petroleum gas scheme, known as the DLPG Scheme, ensures a guaranteed delivery of 40% into the Nigerian market for cooking gas. During a recent meeting with President Bola Ahmed Tinubu, NLNG’s Managing Director/Chief Executive Officer, Dr. Philip Mshelbila, reported that the DLPG …

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Oyo State Government Issues Warning to Butchers and Livestock Handlers About Anthrax

The Oyo State Government has launched an awareness campaign targeting butchers and livestock dealers, aiming to educate them about the lethal anthrax disease. Mr. Olasunkanmi Olaleye, the Commissioner for Agriculture and Rural Development, shared this information during a press conference in Ibadan on Wednesday. Olaleye emphasized that the state government is committed to intensifying its …

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Ministry of Gas Resources, Marine and Blue Economy threat to the environment – Expert

By Lovina Anthony Despite the accolades the President, Mr Bola Tinubu received following the creation of 10 new Ministries, including the Ministry of Gas resources, Marine and Blue economy, an environment expert, Nnimmo Bassey has suggested some threats those two ministries portend to the environment. Nigerians heaved a sigh of relief last Wednesday when President …

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The Global Pea Protein Market is projected to grow steadily at a CAGR of 7.0% by 2033, with an estimated total value of around US$ 7,810.4 million.

. Future Market Insights’ report highlights the increasing adoption of diets rich in pea protein powder due to the rising prevalence of chronic illnesses, changing lifestyles, and the growing interest in physical activity, particularly among millennials. Pea protein’s growth is further driven by its content of essential amino acids essential for physiological functions, supporting blood …

The Global Pea Protein Market is projected to grow steadily at a CAGR of 7.0% by 2033, with an estimated total value of around US$ 7,810.4 million. Read More »

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