Agric news in nigeria today

Here are some of the latest agricultural news in Nigeria today:

  1. FG Launches N100bn Agricultural Development Fund: The Federal Government has launched a N100 billion Agricultural Development Fund to support small-scale farmers and agricultural businesses in Nigeria. The fund is aimed at increasing agricultural production and productivity in the country. (Source: Vanguard)
  2. Nigeria's Cassava Production Hits 54.5 Million Metric Tons: The National Bureau of Statistics (NBS) has announced that Nigeria's cassava production has reached 54.5 million metric tons in 2022, up from 46.5 million metric tons in 2021. This is a significant increase in cassava production, which is a major staple crop in Nigeria. (Source: NBS)
  3. Rice Farmers in Nigeria to Benefit from N10bn Loan: The Central Bank of Nigeria (CBN) has approved a N10 billion loan facility for rice farmers in Nigeria. The loan is aimed at supporting rice farmers to increase their production and reduce the country's reliance on imported rice. (Source: Punch)
  4. Nigeria's Agricultural Sector Records 2.5% Growth in Q1 2022: The National Bureau of Statistics (NBS) has announced that Nigeria's agricultural sector recorded a growth rate of 2.5% in the first quarter of 2022. This is a significant improvement from the 1.5% growth rate recorded in the same period in 2021. (Source: NBS)
  5. FG to Establish 10 New Agricultural Zones in Nigeria: The Federal Government has announced plans to establish 10 new agricultural zones in Nigeria. The zones will be established in states with high agricultural potential, and will focus on producing high-value crops such as rice, maize, and soybeans. (Source: ThisDay)
  6. Nigeria's Livestock Sector Records 3.5% Growth in Q1 2022: The National Bureau of Statistics (NBS) has announced that Nigeria's livestock sector recorded a growth rate of 3.5% in the first quarter of 2022. This is a significant improvement from the 2.5% growth rate recorded in the same period in 2021. (Source: NBS)
  7. FG to Launch National Agricultural Insurance Scheme: The Federal Government has announced plans to launch a National Agricultural Insurance Scheme to protect farmers against crop losses and other risks. The scheme is aimed at increasing agricultural production and productivity in Nigeria. (Source: Vanguard)
  8. Nigeria's Agricultural Exports Reach N1.3 Trillion in 2022: The National Bureau of Statistics (NBS) has announced that Nigeria's agricultural exports reached N1.3 trillion in 2022, up from N1.1 trillion in 2021. This is a significant increase in agricultural exports, which is a major contributor to Nigeria's economy. (Source: NBS)

These are some of the latest agricultural news in Nigeria today. I hope you find them informative and useful.