Agricultural news in nigeria today
Here are some of the latest agricultural news in Nigeria today:
- 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 productivity and reducing poverty. (Source: Vanguard)
- 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, indicating the growth of the cassava industry in the country. (Source: NBS)
- 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 the growth of the rice industry and increasing local rice production. (Source: ThisDay)
- 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 recorded in the same period in 2021. (Source: NBS)
- 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, with the aim of increasing agricultural production and reducing poverty. (Source: Leadership)
- Nigeria's Maize Production Hits 12.5 Million Metric Tons: The National Bureau of Statistics (NBS) has announced that Nigeria's maize production has reached 12.5 million metric tons in 2022, up from 10.5 million metric tons in 2021. This is a significant increase, indicating the growth of the maize industry in the country. (Source: NBS)
- FG to Launch N500bn Agricultural Insurance Scheme: The Federal Government has announced plans to launch a N500 billion agricultural insurance scheme to protect farmers against crop losses and other risks. The scheme is aimed at increasing agricultural productivity and reducing poverty. (Source: Punch)
- 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, indicating the growth of the agricultural sector in the country. (Source: NBS)
- FG to Establish 10 New Agricultural Research Institutes: The Federal Government has announced plans to establish 10 new agricultural research institutes in Nigeria. The institutes will be established in states with high agricultural potential, with the aim of increasing agricultural productivity and reducing poverty. (Source: Daily Trust)
- Nigeria's Agricultural Sector to Create 3 Million Jobs by 2025: The Federal Government has announced plans to create 3 million jobs in the agricultural sector by 2025. The plan is aimed at reducing unemployment and poverty in the country. (Source: ThisDay)
These are some of the latest agricultural news in Nigeria today. The agricultural sector is a key sector in Nigeria's economy, and the government is taking steps to support its growth and development.