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Canada, Germany, EU, others funding farming in northeast Nigeria

The People and Government of Canada, the European Union Trust Fund for Africa, the European Civil Protection and Humanitarian Aid Operations, the Federal Republic of Germany, the Kingdom of Norway and the Kingdom of Sweden are funding the 2021 rainy season farming in troubled North-east of Nigeria. The funding, which is implemented through the Food and Agriculture Organisation of the United Nations (FAO), is providing farming inputs to 65,800 farmers in Borno, Adamawa and Yobe States adversely affected by over a decade Boko Haram insurgency. A statement on Friday by FAO recognized that the rainy season farm cultivation is critical to food production in Nigeria, as it ensures food availability and income generation, especially for smallholder and low-income households. The statement read: “...

Nigeria’s inflation drops to 17.93 percent

The Consumer Price Index (CPI) which measures inflation dropped to 17.93 per cent (year-on-year) in May compared to 18.12 per cent in the preceding month, according to the National Bureau of Statistics (NBS). The 0.19 per cent decline in the headline index, makes it the second consecutive month that the rate had sustained its downward trajectory after 18 months of inflationary pressures on the economy. According to the CPI figures for May which was released by the statistical agency Tuesday, food inflation dropped to 22.28 per cent from 22.72 per cent in April. Price moderation was recorded in bread, cereals, milk, cheese, eggs, fish, soft drinks, coffee, tea and cocoa, fruits, meat, oils and fats and vegetables. On month-on-month basis, the food sub-index declined to 1.05 per cent in May ...

Minister: Nigerian government worried about rising unemployment rate

Minister of Interior, Ogbeni Rauf Aregbesola, has said the federal government is worried over the rising unemployment rate in the country. Speaking at the 2nd Shakeholders’ Meeting on Expatriate Quota Administration organized by the Citizenship and Business Department of the Ministry of Interior, the Minister said: “Anyone that is not worried about the unemployment rate in the country is not a patriot.” He lamented that the unemployment rate of 33 per cent released by the National Bureau of Statistics was indeed worrisome and a wake up call that something urgently needed to be done to keep Nigerians employed and drastically reduce the unemployment rate. The Minister, who called on all stakeholders at the meeting to ensure quality inputs were brought to the table that will lead to the produ...

World Forest Day: Nigeria’s forests reduced to less than 25% – environmentalists

Some environmentalists on Monday said that unwholesome human activities had reduced the nation’s forest resources to less than 25 per cent. The environment experts made the assertion during an event in Lagos State to commemorate the 2021 World Forest Day, held every March 21, to raise public consciousness on conservation of forests. Newsmen report that the theme of the 2021 edition is “Forest Recovery, a Path and Wellbeing’’. The environmentalists, who envisaged danger as a result of depletion of forests, advised Nigerians to always replenish nature, whenever their activities caused violation of nature. At the event, Executive Director, Sustainable Research and Action for Environmental Development, Nigeria, Dr Leslie Adogame, said “with reduced forestry resources the human habitat is under...

Nigeria’s inflation rate hits 17.33 percent

The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33 percent in February. This is the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began. According to the NBS, food inflation also grew by 21.79 percent year-on-year compared to 20.57 percent recorded in January. The headline inflation for month-on-month also increased to 1.89 percent from 1.83 percentage points. It explained that the upward movement in food inflation was caused by increases in the prices of bread, cereals, fish, potatoes, yam and other tubers, vegetables, meat, oils and fats, fruits and ...

NIHORT trains 25 tomato farmers in Niger to reduce post-harvest losses, unemployment

The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers. The training is taking place at the headquarters of The National Cereals Research Institute (NCRI), Badeggi, in Niger state. Speaking at the opening ceremony on Wednesday, the Chairman of the Governing Board of the Institute, Maj.-Gen. Mohammed Abdullahi-Garba (rtd), said that the training was organized to build the capacity of the people. He described tomato as an important economic and food security crop consumed around the world. “Tomato is undoubtedly one of the most important vegetables grown in Nigeria and the commodity is capable of impacting positively on Nigeria’s agricultural economic development. “The ...

Kebbi governor empowers 205 women vegetable sellers with N6.15 million

The Kebbi Governor, Alhaji Atiku Bagudu, on Sunday, donated N6.15 million to 205 women vegetables sellers in the state as part of efforts to encourage them to be self-reliant. Newsmen report that each of the 205 women received N30,000 from the donation, in order to boost their vegetable businesses. Gov. Bagudu, who announced the donation at the graduation of the benefitting women in Birnin Kebbi, said that all the women who benefitted from the program had received training in preservation of perishable items. “The comprehensive training of the women traders was conducted by the state chapter of the Kebbi State Vegetables Sellers Association,” he said, lauding the association for the unparalleled gesture that was worthy of emulation by other groups. “The association needs to be commended fo...

Lagos chamber advises central bank on tackling inflation

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices. The post Lagos chamber advises central bank on tackling inflation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.