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Nigerian government seeks to harness $6 billion global coconut market

The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed to supporting current efforts aimed at harnessing the immense potentials of the coconut commodity whose global market worth is estimated at over $6 billion. She said the commodity has lot of economic, medicinal and nutritional value and enjoys huge market in the country. The minister, at the inauguration of the 2021 coconut planting season in Abuja, however, expressed concern that despite its economic benefits, the current local supply could only meet about 20 per cent of demand. She said there was the need to urgently address the supply side constraints to boost the economy. She further explained that it was in a bid to reposition the coconut segment and address the ...

NAFDAC busts alleged illegal maize flour production facility in Yobe

The National Agency for Food and Drug Administration and Control (NAFDAC) says it has busted an alleged illegal maize flour production outfit in Potiskum town of Yobe. This is contained in a statement signed by Mr Nasiru Mato, Assistant Director, in charge of the North East Zonal office of the agency and issued in Abuja on Saturday. Mato said the facility which was using a single store space for processing of maize into flour came under regulatory scrutiny when a team of officials of the agency stormed the premises. He said the maize milling and packaging outfit was operating without adherence to set quality standards and good manufacturing practice.According to Mato, the operation is a gross violation of NAFDAC Act Cap No. 1 Laws of the Federation of Nigeria (2004), hence the sanction. He...