Agro Hub Nigeria

Prospective Agribusiness Investors in Nigeria are increasingly seeking investment opportunities in Wheat In Nigeria and its value chain. Wheat is a specie of cereal grasses of the genus Triticum (family Poaceae) and their edible grains. Wheat is one of the oldest and most important of the cereal crops. The part of the country that supports wheat production In Nigeria is majorly the Northern. These include: Kano, Sokoto, Zamfara, Kebbi, Katsina, Yobe, Kaduna, Borno, Adamawa, Jigawa and Gombe. Production Statistic: Nigeria’s annual production rate of wheat is about 400,000 metric tonnes {MT}Nigeria. Consumption Statistics: Nigeria consumes about 4.2 – 4.7 million Metric Tonnes of wheat annually. Yield per Hectare: The yield per hectare of wheat under good practice in Nigeria is currently about 2 – 2.5 MT per hectare and up to 4MT per hectare for new improved variety. Local Pricing: Locally the price of wheat in Nigeria currently is about ₦20,000 – ₦22,000 per 100kg Forms Trad

Maize is a cereal crop that is grown widely throughoutNigeria. It is a major source of calories. Worldwide production of maize is about 785 million tons/annum, with the largest producer, the United States, producing 42%. Africa produces 6.5% and the largest African producer is Nigeria with nearly 8 million tons/annum. SOURCING: The crop is grown in most states in Nigeria including: Adamawa, Bauchi, Anambra, Benue, Kogi, Kwara, Nassarawa, Sokoto, Plateau, Taraba, Yobe, Ogun, Osun and Oyo states. PRODUCTION STATISTICS: National production of maize is 8 million tons/annum, out of which about 40% is consumed fresh with less than 200,000 tons being available for industrial utilization. CONSUMPTION STATISTICS: The annual demand for maize in Nigeria is currently put at about 7 million MT. MARKET DRIVEN BY: The high demand and use of maize in the livestock feed industry and its high demand for local consumption. MARKET PROSPECT: Industries Local markets Supermarkets International

United States Ambassador to Nigeria, Stuart Symington has endorsed Abakaliki rice as one of the best brands in the world.The Ambassador who paid a visit to AbakalikiRice mills in Ebonyi state had commended the efforts of the state government on the level and quality of production while also encouraging the good work.”Your rice is the best anywhere in the world and we commend the governor for putting his government to work in Ebonyi state”, he said.Symington however called for sustained developmental efforts in the state to promote greater Agricultural and mining activities.“The first critical step involves upgrading economic fortune of the state and also setting up opportunities in the area that would welcome investors to the place thereby making it possible for investment” he noted.He also advised the government to sustain the current peace and security in the state as no meaningful development can flourish ina rancour environment.The Governor of Ebonyi state, David Umahi commended th

The federal government of Nigeria has disclosed plans to stop importation of rice by 2018. The minister of agriculture and rural development, audu ogbeh made it known that the Federal Government targets at generating seven million tonnes of rice to fulfill the country's demand. “i suppose we've attained the level of being considered one of the largest manufacturers of rice, even though many humans are still doubtful about that. So, for people who say it isn't always true, i assume they want to take another appearance,” he expressed. He stated that Nigeria has gotten to the level in which it would not depend on different countries for rice production having located rice plantations in different international locations. “i've been in Vietnam , the same kind of rice plantation you spot there is what you spot in Nigeria ”, he said. He but cited that there has been need to enhance the milling ability to beautify production. “the simplest factor we need to feature is t

There are signs that the European Union is considering reversing its ban on Nigeria's agricultural produce as revealed by the Nigerian Agricultural Quarantine Service .The Coordinating Director of the agency, Dr. Vincent Isegbe, gave the hint in Lagos at the opening of a two-day training workshop on plant health inspection and certification of vegetables for exporters and farmers. Isegbe revealed  that the EU had promised to reverse the ban if necessary measures were put in place before 2019.He lamented that the European Union ban on Nigeria’s beans had a crippling  effect on the economy, emphasizing the need for Nigeria to avoid such rejection of the Nation’s agricultural commodities in the future.According to him “We have had issues in the past concerning beans where the European Union suspended Nigeria for three years for beans export. That is not good for us because it means that all thefarmers who are producing beans can no more export the quantity that they used to export”.“

The founder, Afe Babalola University, Aare Afe Babalola (SAN), has called on Nigerian leaders to see agriculture as the surest way out of the current economic recession the country 8s going through. He condemned the abandonment of Agriculture after the discovery of oil and said that the agriculture would create a lot of jobs and bussiness opportunities in the country. Afe Babalola who made the statement in Ado-Ekiti recently stressed that, ‘for Nigeria to overcome the present economic problems, we must add business to agriculture. We need to develop our own technology, improve our own farming practice, innovate, invent and create massive and robust markets for our unique African agricultural products’. “Before the advent of oil, Nigeria was self-sufficient in many things. We made good money from agricultural products. Our Naira was stronger than the British pound and the American Dollar. But after the oil discovery in Oloibiri in 1956, we abandoned that all-important income ea

With an estimated income of more than $100 billionannually, agriculture remains Africa’s largest economic sector. Agricultural production in Africa continues to increase graduallyand is almost at par with South America. However, as Africans become more tech savvy, innovationsare on the rise as technology experts turn their attention to creating mobile solutions for the modern farmer. Analysis have shown that by 2025 half of Africa’s population will have internet access with about 360 million smartphones on the continent. Also based on their estimation, internet technology could increase annual agricultural productivity in Africa by $3 billion per annum.Throughout the continent, farmers, NGOs and scientists are developing solutions to boost agriculture and make the business of farming less labour intensive. Here are some of theapps that seek to solve these problems, while also changing the face of agriculture within Africa. 1.i-cow Created by a Kenyan farmer, this SMSand voice only mob

The Central Bank of Nigeria (CBN) has guaranteed that the agricultural and manufacturing sectors will enjoy single digit interest rates, this  it believes would fast track lending of a reserved special intervention fund set aside for the sectors. The CBN has set aside N235 billion and N750 billion as intervention funds for the manufacturing and agricultural sectors respectively, which it describes as pivotal in the  revitalization of the nation’s recessing  economy. The CBN Director, Banking Supervision, Mrs. Tokunbo Martins, made this known in Abuja, while addressing newsmen on the outcome of Bankers’ Committee meeting. She also disclosed  the joint decision by CBN and Bankers’ Committee to increase limit of banks’ FOREX sale to Bureaux De Change (BDCs) to $50,000 from $30,000 it was two weeks ago. Mrs Tokunbo Martins was accompanied to the briefing Group Managing Director of United Bank for Africa (UBA), Kennedy Uzoka, Zenith Bank Group Managing Director, Peter Amangbo, and Hassan

In a bid to facilitate the government’s efforts to diversify the country’s economy from being sole oil dependent type to a more reliable, agriculture based type, Agric House Ventures has established Basanyin Integrated Farm Estate (BIFE). BIFE hosts an Agric Academy, which would help train and empower youth in farming, agric tourism, aquaculture, poultry farming, crop farming and animal husbandry. The Agric Academy, which was established in 2013, responds to the need to reverse the negligence in the agricultural sector and the unemployment crises in the country. According to the initiator of the Academy Mr. David Kayode, it aims to partner with the current administration in its effort to create five million jobs annually through agricultural diversification. He added that the Academy is expected to form a network of farmers across the nation to meet the food needs of the nation and produce financially independent and self sustaining farmers. Kayode said that BIFE has great potential

In view of achieving self-sustenance in agriculture, the Imo State government has put in place  a policy tagged “BACK TO LAND FOR AGRICULTURE”. This initiative became important because the state can no longer depend on monthly allocation from the federal government. The Imo State governor, Owelle Rochas Okorocha disclosed  the “Back To Land For Agriculture” policy in a courtesy visit by the state traditional rullers under the aegis of Royal Fathers in Agriculture. He said the State Executive Council has given approval to the new policy. The “Back to Land for Agriculture” Programme would enable public servants in the state work from Mondays to Wednesdays, and use Thursdays and Fridays for agriculture (farming), while Saturdays can be used for ceremonies. This directive takes effect from Monday August 1, 2016. However, the governor exempted public servants on essential duties like teachers, nurses, doctors and people involved in Internally Generated Revenue drive. Political appointees

Thai Borneo Energy Ltd, Thailand,and  Anambra Government are collaborating to attract agricultural investment projects worth up to 400 million dollars to the state. The Managing Director, Anambra State Investment Promotion and Protection Agency (ANSIPPA)Mr Billy Ekwunife made  this known  to the press after a meeting with the business group and others in Awka. Ekwunife stated that the main focus of the investors was massive farming and production of rice and oil oil palm for both  local consumption and for  export. “The state government will provide the land and some other logistics for the investment, while Thai Borneo Energy Ltd will finance the project through their partners, the Bukham Group. Their rice specie is quite different from the rice we have in the country, which will be harvested three times a year. The oil palm tree to be introduced is three times better than what is obtainable in Nigeria,” he said. Ekwunife cited that the investment will create jobs for unemployed

FADAMA has made  plans to send 855 Lagos youths to South Africa for training to get skills in agri-business. The body is collaborating with the National Image Company, the organiser of the on-going Agro-Business youth training and empowerment programme in which over 5700 youths had so far been trained in Lagos State. According to the Lagos State Project Coordinator for FADAMA, Mr. Ajijola Folusho, 15 trained youths who are interested in farming would be selected from each of the 20 Local Governments and 37 Local Council Development Areas, LCDAs of Lagos for further training in South Africa and be empowered upon return to Nigeria. Folusho said in a statement that the screening process began last Monday and would be concluded on Friday at the Lagos State FADAMA Coordination Office, Lagos State Agricultural Development Authority Complex, Agege, Lagos, Southwest Nigeria. He said the selected participants would be sponsored under the World Bank assisted projects and urged unemployed you

This is a great Agricultural business idea that can turn your waste to a lot of Fortune and fetch you extra money .To produce this fertiliser is very easy. The Rabbit’s urine is put into a 25 litre container and mixed with 500 ml drops of sugar fluid, 240 ml of EM4 (bacterial decomposition), and also add one litre of water of thick rice washing( If you wash broken rice with water,the resulting suspension which is milky suspension is the rice washing ) or 100g of corn starch in one litre of water, corn starch mixture to help feed the micro-organisms..Then seal the container , but the lid is perforated and attached with a hose.In order for the fluid of fertiliser fermentation to remain sterile, the hose is dipped into a bottle filled with water.The fluid of fermented urine should be stirred at least once a week to dissolve evenly and not precipitate.After three weeks,this liquid will change its colour and smell.The colour will change to black, and smells like wine, not urine smell anymo