Dangote Urea fertilizer has finally hit the Nigerian markets. That came after months of speculations. In fact, the company has started pushing out a minimum of 120 trucks per day across the country. Group Executive Director, (Strategy, Capital Projects and Portfolio Development), Dangote Industries Limited, Devakumar Edwin, revealed to the press over the weekend that [...]
The International Institute of Tropical Agriculture (IITA), through a new initiative known as the Start Them Early Program (STEP), is introducing agrobusiness training in secondary schools in Oyo State. To promote interest in agriculture and learning among the secondary-school aged children, IITA has launched a modern agribusiness training facility at Fasola Grammar School in [...]
The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect. The CBN made this known in a circular signed by Dr Ozoemena Nnaji, the Director of Trade and Exchange Department of the apex bank in Abuja. Form M [...]
Nigerian farmers and agricultural scientists have warned that ‘political farmers’ should not be permitted to hijack the Central Bank of Nigeria’s (CBN’s) ‘Agric for Food and Jobs Plan (AFJP)’ and the zero-interest loans meant for smallholder farmers in the frantic efforts to prevent food shortage, hunger and unemployment post-COVID-19. The apex bank, on June [...]
For Nigeria to do well in global hibiscus flower market, there is need to focus more on cultivation and processing, to fully harness potentials of the crop and boost the country’s forex earnings. Despite being a profitable, hibiscus has not received adequate attention of growers and investors. Despite its many uses and potentials, many do [...]
When Governor Udom Emmanuel set out to lubricate the once virgin well of agriculture in Akwa Ibom State with the establishment of Africa’s biggest coconut oil refinery, most people had no idea of coconut’s enormous potentials. But the Governor went ahead, displaying his propensity to plan towards an economy beyond crude oil, as if he [...]
Palm Oil is known to be an excellent source of bio available calcium and least allergic of all edible oil. The demand-supply gap thereby opens up opportunities for investors in this sector. After thorough research, it is found out that the demand for palm kernel oil, for commercial, home and even industrial purposes will [...]
Tiger nuts, also known as yellow nutsedge or earth almonds, are not actually nuts, but rather edible tubers. They’re the size of a chickpea but wrinkly with a chewy texture and sweet nutty flavor similar to coconut. Tiger nuts were one of the first plants cultivated in Egypt and traditionally used as both food and [...]
In the long run, the key to success in a commodity business is being a low-cost producer. That advice comes from Purdue Distinguished Ag Economics Professor Michael Boehlje. “When you wake up each day, tell yourself, ‘My job today is to lower my costs,’ he says. “The only trouble is that Ukraine woke up seven [...]
Description Scallions (also known as green onions, spring onions, or salad onions) are vegetables of various Allium onion species. They are a variety of young onions found in every grocery store and in thousands of recipes. A scallion is made up of a white base that has not fully developed into a bulb and long [...]
Water sounds common but could ruin your dream of making it big in Agriculture. We will highlight various sources of water you can depend on for your Agricultural business. Agricultural activities like crop farming, fishery, animal husbandry and poultry, are in need of regular sources of water. The success of any of these agricultural activities [...]
Irvingia/ Bush Mango/ Wild Mango/ Dika tree is native to Africa and southeast Asia. Irvingia fruits and nuts are edible, fat and protein rich. The nuts are dried typically under the sun and usually sold as whole or in powder form. It is a deciduous tree and reaches 30-40m in height. Its trunk is usually [...]
Palm oil processing business in Nigeria is a highly profitable business that you need to give serious attention. The palm oil fruit is indigenous to Nigeria. Our soil naturally grows them and they are found in the south east and south west of the country. Everyday, thousands of tonnes of palm oil is processed for [...]
Prawns are crustaceans with exoskeleton. The term "prawn" is used particularly in the United Kingdom, Ireland, and Commonwealth nations, for large swimming crustaceans. Prawns have claws on three of their five pairs of legs, shrimp have claws on two of their five pairs of legs. Their gills and body shape are different too. As far as cooking [...]
The team at inuofebi.com visited the NFG-CS (Nigeria Farmers Group and Cooperative Society) farmers settlement centre, Maraba Gaate, Nasarawa state, Nigeria. We met with the National Coordinator of the group, Mr. Retson Tedheke, and his team. The name "Retson Tedheke" is synonymous with activism and associated with national struggles like #OCCUPYNASS and #OURMUMUDONDO. In this interview, [...]
Agribusiness is a multi-billion dollar industry. Every other sector of the economy largely hinges on agriculture in all of its different forms. It is not surprising because food is the primary source of sustenance. Since food is indispensable, any who invests in the business is often guaranteed success. Wherever you may be, the room for [...]
Before the advent of crude oil, agriculture was the mainstay of Nigeria’s economy. Then, the country’s economy thrived; food was available and affordable. People, therefore, did not go hungry, except in extreme cases occasioned by a serious factor. With the oil boom era, the country and its people shifted attention from agriculture to oil and [...]
You’ve dreamed of becoming a farmer, growing food not just for yourself but for your greater community. You learn to work with the soil, and are prepared for a life of physical toil, intellectual challenges, and uncertain finances. All that’s left is to trade in your suit and tie for sturdy boots and a dilapidated [...]
Slash and burn agriculture is the act of cutting down the vegetation in an expanse of land, setting aflame the remaining foliage, and using the resultant ashes as nutrients to the soil for the use of planting food crops. The swidden (the expanse of land that has undergone slash and burn) is used for a [...]
Do you want to start a business in the agriculture/agro-allied value addition sector? If YES, here are 50 best lucrative agro processing business ideas to choose from. Do you know that Agricultural businesses are the most lucrative businesses in the World? Apart from the low-cost of start up and running the business, agricultural businesses turn [...]
