The Federal Government of Nigeria says more than 199,000 farmers have received agricultural risk protection worth about ₦700 billion in the last two years as part of efforts to strengthen food production. The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this in Abuja. He said the support came through the Nigerian Agricultural Insurance …
The Federal Government has launched a project to include 14 million smallholder farmers in the cassava bioethanol value chain. The aim is to cut fuel import costs and strengthen Nigeria’s bioeconomy. Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, announced the project in a statement signed by the ministry’s Director of Information and …
Nigeria’s cocoa sector recorded a remarkable 62.25 per cent increase in export earnings during the first three quarters of 2025, underscoring the crop’s pivotal role in the nation’s agricultural trade and highlighting its resilience amid evolving global market conditions. A review by Pinnacle Daily of the National Bureau of Statistics’ ‘Foreign Trade in Goods Statistics’ …
France saw quieter streets on Wednesday morning as farmers began clearing their tractors from Paris, but tensions flared in Toulouse as protests continued over economic pressures and the controversial EU-Mercosur trade agreement. Tractors that had surrounded the National Assembly since Tuesday morning were driven out before sunrise. The vehicles were operated by members of FNSEA …
Dozens of French farmers gathered outside President Emmanuel Macron’s second home in Le Touquet on Thursday, parking tractors along the seafront and dumping farm waste as a symbolic protest against the EU-Mercosur trade deal. Around 50 farmers responded to a union call, following earlier demonstrations in Brussels. While the European Commission has postponed signing the …
A coalition of farmers, scientists, nutritionists, legal and medical practitioners, civil society organisations, women and youth groups has called on the Federal Government to immediately ban genetically modified organisms (GMOs) in Nigeria. The call follows a 2024 House of Representatives recommendation urging the suspension of GMOs pending a full investigation into their regulatory framework. The …
An agricultural economist, Ikechi Agbugba, has suggested that farmers can reduce their dependence on pesticides by adopting certain approaches. He shared his perspective on this with Pinnacle Daily, while highlighting the potential negative impacts of high organochlorine pesticide (OCP) levels on soil health and food security. Agbugba, an associate professor of Agricultural Marketing in the …
The Central Bank of Nigeria Governor, Olayemi Cardoso, has inaugurated the new Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF). The apex bank made this known in a statement on Wednesday, December 10. Cardoso said the inauguration of the ACGSF board reaffirms the apex bank’s commitment to strengthening Nigeria’s agricultural sector. He highlighted the …
The federal government has increased the Credit Risk Guarantee (CRG) for tomato crate financing to 75% under the Dutch-funded HortiNigeria Programme, a move expected to unlock over ₦500 million in intervention funding for Nigeria’s horticulture sector. Mohamed Selassie Idris, Country Representative of the International Fertilizer Development Center (IFDC) and Programme Director of HortiNigeria, announced the …
The Federal Ministry of Agriculture and Food Security has partnered with Azleems Global Investment to train staff on workplace ethics, emotional intelligence, and performance-driven service delivery in support of Nigeria’s agricultural transformation agenda. The capacity-building workshop in Abuja targeted officers on Grade Levels 07 to 12 as part of the ministry’s Culture Change Management Initiative, …
