…restaurants drop food quantity, forcing customers to cut budgets Meanwhile, farmers, agribusiness groups, traders and consumers have attributed several factors, including the high cost of transportation, delayed and uneven distribution of farm inputs, inadequate storage systems and insecurity in some farming communitie…
…Lagos State Commissioner for Agriculture and Food Systems, Abisola Olusanya, Director, Agribusiness, Lagos State Ministry of Agriculture and Food Systems, Mrs. Aramide Gansallo, said Africa must move from exporting raw cocoa and coffee beans to processing, branding and consuming its own products. Olusanya said the tran…
…the expansion of terrorist and 'bandit' groups continues to degrade the climate for agribusiness and mining," it added.The department also raised concerns about the treatment of foreign executives during regulatory disputes, citing the nearly eight-month detention of American Binance employee Tigran Gambaryan in 2024.…
…before it widened to N740.27bn in H1 2025. In separate phone interviews with The PUNCH, Agribusiness experts, including the Chairman of the Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group, Tunde Banjoko, explained that recent government policy led to the shift.See more Punch stories on Google.Add…
…with Vanguard Agrobiz, is also discouraging investment in food production, with farmers, agribusinesses and financial institutions becoming increasingly cautious about committing capital to a sector whose fortunes are heavily dependent on weather conditions. Climate change is also aggravating desertification in norther…
…West Africa Investment Company, Eatrich360 Farms, Matag Agro General Services, Viables X Agribusiness Ltd, Kwakol Markets Ltd, Light Shade International, Value Growth Ltd, B12 Synergy Nigeria Ltd, Phresh Farm Ltd and Omega Pro Global Resources.How the EFCC built its caseThe EFCC told the court that the companies were r…
…West Africa Investment Company, Eatrich360 Farms, Matag Agro General Services, Viables X Agribusiness Ltd, Kwakol Markets Ltd, Light Shade International Ltd, Value Growth Ltd, B12 Synergy Nigeria Ltd, Phresh Farm Ltd and Omega Pro Global Resources. The representatives of the companies were absent when the charges were…
…the Central Bank of Nigeria and the Bank of Agriculture on youth development and agribusiness initiatives. He urged young people to take advantage of available opportunities, acquire relevant skills and explore enterprises that could make them economically independent.
…in 1976 as an ambitious venture to cultivate oil palm and rubber, had grown into a major agribusiness enterprise in Nigeria. Hefer said the company, which is marking 50 years of operations, remained committed to contributing to the development of its host communities. The Amanawei of Gbelebu Community, High Chief Enoch…
…to large enterprises channelled into priority sectors, including power, manufacturing, agribusiness, pharmaceuticals and digital infrastructure, as it positions itself at the centre of Nigeria’s industrial revival efforts. The development finance institution said the move forms part of its 2026 strategy aimed at addres…
…told the committee that the money was raised from his business associates engaged in agribusiness in Ogbomoso and appealed to the lawmakers to assist him in recovering the funds, saying the development had prevented him from participating in the 2026 cashew business and had subjected him to pressure from his colleagues…
…Gbenga Collins said his company was established in October 2017 and operates in the agribusiness sector, sourcing agricultural produce from farmers for export. He told lawmakers that Adeyemi presented himself as the Director-General of both the Presidential Economic Advisory Council, PEAC, and the Presidential Foreign…
…Ghurair$4.7BFinanceAbdulla Al Futtaim & family$4.6BConglomerateFeroz Allana$4.4BFood & AgribusinessRavi Pillai$4.2BEngineering & ConstructionSunny Varkey$4.0BEducationKhalaf Ahmad Al Habtoor$2.3BConglomerateShamsheer Vayalil$1.8BHealthcareSaif Al Ghurair$1.7BConglomerateSunil Vaswani$1.6BConglomeratePhilip Day$1.2BReta…
…them surmount current challenges in the agrifood systems, and also to attract them into agribusiness and participate in the entire agricultural value chains. Edeme also said AU and its partners will work to ensure implementation of the report to fast-track the expected investments in the youth to drive Africa’s agrifoo…
…Ministry of Industry, Trade and Investment of Nigeria, Ghana’s Ministry of Trade, Agribusiness and Industry, the Nigerian and Ghanaian High Commissions, the ECOWAS Trade Directorate, and other stakeholders for their roles in resolving the dispute. While welcoming the resolution, ORO warned that the intervention address…
…and women trained under its Innovative and Integrated Agricultural Value Chain and Agribusiness Programme. Speaking during the inauguration, the Commissioner for Agriculture, Ilyasu Gital, said the initiative underscored Governor Bala Mohammed’s commitment to empowering youths and women through agriculture while promot…
…in Ibadan. The delegation, facilitated by the Director-General of the Oyo State Agribusiness Development Agency (OYSADA), Dr Debo Akande, comprised the Director-General of the International Institute of Tropical Agriculture (IITA), Dr. Simeon Ehui; the deputy Director-General (Research), IITA, Dr. Bernard Vanlauwe; and…
…moving beyond emergency relief efforts by creating opportunities for livelihoods, agribusiness, education and social protection for vulnerable populations. "The Federal Government is deliberately shifting from palliatives to pathways by linking humanitarian response to development opportunities. We are committed to ens…
…the state government had secured partnerships with microfinance institutions and private agribusiness firms to guarantee access to credit and ready markets for beneficiaries after the starter phase. "Our goal is not just to distribute goats, but to create entrepreneurs who can compete in local and regional markets," Ba…
…economic diversification in their manifestos. Tinubu, in office, has pointed to various agribusiness initiatives as part of his administration's economic agenda. The country's food inflation, however, reached record highs during his first three years, driven by a combination of insecurity in farming communities, the na…
…continent. According to Oduwole, the initiative will particularly benefit businesses in agribusiness, fashion and textiles, cosmetics, processed foods, light manufacturing and other Made-in-Nigeria product segments, while supporting the government’s industrialisation and export diversification agenda. Director of Cargo…