Agro Hub Nigeria

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

A research by the United States Department of Agriculture (USDA) has revealed that the importation of rice from the United States to Nigeria has dropped by 300,000 metric tons in the last six months. According to the report, Nigeria’s rice imports dropped by 300,000 tons due to federal government's policy to limit the commodity importation between January and June, 2016 on prospects for a larger crop. Nigeria, the world’s second largest rice import market, accounts for the largest share of the decline in the global rice trade since the beginning of the year. And as the largest grower of rice in West Africa region, Nigeria is projected to harvest 2.7 million tons of rice in 2016/17, according to USDA. The USDA report revealed that foreign rice consumption is expected to decline in 2016/17 in China and Nigeria. It noted imports by Nigeria would fall 17 per cent in 2016, due to the recent increase in import tariffs, declining oil revenues, and foreign exchange restrictions.

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