The agricultural sector emerged as the top performer in Nigeria’s Company Income Tax (CIT) growth during the second quarter of 2024, achieving a remarkable 474.50% increase compared to the previous quarter, according to the latest report from the National Bureau of Statistics (NBS). Overall, CIT revenue for Q2 2024 reached ₦2.47 trillion, a 150.83% jump […]
Category archives: Agriculture
Insecurity and Farmers/Herders Conflicts Impact Agriculture Sector’s Growth
The agriculture sector in Nigeria has experienced a decline in growth and economic contribution in the second quarter of 2024 (Q2’24), largely due to ongoing insecurity and conflicts between farmers and herders. According to the latest Gross Domestic Product (GDP) figures, the sector’s contribution to the economy decreased to 22.61%, down from 23.01% in the […]
Kano State Highlights Agricultural Achievements at Africa Food Systems Forum
Kano State Governor, Engr. Abba Kabir Yusuf, spotlighted the state’s progress in agricultural development at the Africa Food Systems Forum (AFSF) in Kigali, Rwanda, showcasing Kano’s commitment to sustainable farming practices. During a side event organized by the Sasakawa Africa Association (SAA) and its partners, Governor Yusuf, represented by Dr. Danjuma Mahmoud, Kano’s Commissioner for […]
Food Crisis Threatens To Escalate As Flooding Devastates 115,265 Hectares Of Farmland In Nigeria
Nigeria’s food crisis is poised to worsen as recent floods have devastated 115,265 hectares of farmland across the country, severely impacting agricultural productivity. According to the National Emergency Operations Center (NEOC), the flooding has affected 29 states and 154 local government areas, displacing over 225,000 individuals, damaging more than 83,000 households, and causing 201 fatalities. […]
Urban Farming: A Lifeline for Nigeria’s Food Crisis
As Nigeria grapples with severe food scarcity, the need for innovative solutions to boost food production has become more urgent than ever. With pervasive challenges such as insecurity, inflation, and a growing population, traditional farming methods are struggling to meet the nation’s needs. However, a new approach—urban farming—offers a glimmer of hope. First Lady Mrs. […]
Developing a Robust Local Air Cargo System for Agro Products in Nigeria
Transporters of food and agricultural products in Nigeria face significant challenges in getting their goods from farms to markets. The primary obstacles include poor road conditions, multiple taxes, harassment, insecurity, and robbery, all of which contribute to the country’s growing food crisis. As a result, there is a pressing need to develop more viable options […]
Surge in Spice Prices Leaves Many Nigerians Struggling to Afford Essentials
The prices of essential spices such as ginger, turmeric, chili pepper, and garlic have sharply increased, making them increasingly unaffordable for many Nigerians. This price hike has been attributed to a combination of factors, including heightened demand and reduced availability, especially in Kano State, where these spices are not typically grown. The surge in demand […]
Niger Delta Has the Potential to Feed Nigeria Through Agriculture, Says Development Authority
Chief Ebitimi Amgbare, Managing Director of the Niger Delta Basin Development Authority (NDBDA), has emphasized that the Niger Delta region holds the potential to feed the entire country through its agricultural resources. Speaking at the Niger Delta International Festival and Expo/Economic Summit in Abuja, Amgbare highlighted the importance of collaboration in unlocking the region’s agricultural […]
Focus on Farming to Secure Food Supply, Minister Urges Nigerian Farmers
Minister of Agriculture and Food Security, Senator Abubakar Kyari, has called on Nigerian farmers to prioritize their agricultural activities amidst ongoing protests in Abuja. He stressed the importance of bolstering food security as food prices begin to decline, urging farmers, particularly the youth, to concentrate on farming instead of joining protests. Kyari highlighted the federal […]
Bumper Groundnut Harvest in Benue and Nasarawa Kicks Off
Farmers across Benue, Nasarawa, and other regions have begun harvesting peanuts, commonly known as groundnuts among Nigerian farmers. Those currently harvesting planted in areas with good soil moisture retention during early rainfall. Buyers in Doma, Agyaragu, and other markets in Nasarawa State are eagerly seeking fresh groundnuts from known producers. Last week, a hundred-kilogram bag […]