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CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand. On that note, he has urged youths across the country to embrace agriculture, declaring the bank’s readiness to support those ready to venture into it. Emefiele made the declaration in Katsina at the unveiling of the first maize pyramid and flag-off of the 2021 maize wet season farming under the CBN-Maize Association of Nigeria (MAAN) Anchor Borrowers’ Programme. He averred that Nigerian youths could leverage their talents, along with technological tools to improve farm productivity and delivery of agricultural produce to markets. While noting that agriculture offered significant benefi...

Price of garri soars in Enugu

ArewaLife Price of cassava flakes popularly called garri and regularly consumed by Nigerians have continued to increase in Enugu State, according to newsmen. NAN correspondent, who conducted a market survey in Enugu on Friday, reported that the price of the staple food has increased by 20 per cent between January and March, 2021. NAN reports that a 4.5 liter bucket of the food item now sells for between N1,100 and N1,400 as against between N900 and N1,000 sold in January, depending on the type. A visit to some markets in the state capital showed that a 4.5 liter paint bucket of white garri sold for N900 in January now went for between N1,100 and N1200. At the Ogbete, Garki and New Markets, a paint bucket of white garri is sold for N1,100 while the yellow garri of the same bucket goes for N...