Stakeholders have called for the establishment of a comprehensive framework to address conflicts between farmers and herders as Nigeria’s Federal Ministry of Livestock Development officially begins operations. This call comes following a recent workshop on livestock reforms, where a communique was issued by Prof. Attahiru Jega, Co-Chair of the Presidential Livestock Reforms Implementation Committee. “The…
The World Bank has urged the Central Bank of Nigeria (CBN) to avoid intervening in the foreign exchange market through forex auctions. In its recent Nigeria Development Update, the institution emphasised the need for the CBN to reaffirm its commitment to a flexible exchange rate, advocating for a comprehensive and transparent approach to foreign exchange…
In this report, Gom Mirian explores the implications of the ongoing energy crisis, the disconnect between promises and reality, and the potential consequences for the upcoming elections. Reliable Electricity In a nation where reliable electricity is essential for development and poverty alleviation, the incessant collapse of Nigeria’s national grid has become a pressing concern…
Hussaini Kafi in Kano Over 1,000 farmers in Kano State, predominantly involved in rice and tomato value chains, have received vital agricultural inputs from the Federal Government. This initiative, part of the Special Agro-Industrial Processing Zones (SAPZ) Programme, is aimed at boosting food security and economic diversification in Nigeria. Dr. Kabir Yusuf, the National Programme…
The federal ministry of Agriculture and Food Security has called for the establishment of agricultural insurance and weather advisory desks at the community level to bolster climate resilience among smallholder farmers. Minister of Agriculture and Food Security, Sen. Abubakar Kyari made the call on Monday in Abuja. Kyari stressed the critical role of timely weather…
Korede Abdullah in Lagos Nigeria’s private sector is poised for growth, thanks to a landmark agreement between the International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN). The partnership, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, aims to boost local currency financing, enabling businesses to thrive in key…
Residents, business owners, hospital administrators, and others in Northern Nigeria have expressed concern as the region marks its eighth consecutive days without electricity, leading to significant disruptions in essential services and economic activities. The outage, which began last Monday, was triggered by the tripping off of the 330kV circuit transmission line between Benue and Enugu,…
The Africa Trade Barometer report has revealed that Nigeria loses an estimated $26 billion yearly to power failures. This is contained in the latest report by organisation which said the cost excludes spending on off-grid generators. The report comes amid the incessant national grid collapse in recent weeks. Just this month, there was a blackout…
Juliet Jacob delves into the ongoing NAFDAC strike, analyzing the workers’ grievances, management’s response, and the far-reaching implications for Nigerian businesses and public health, amid fears of compromised food and drug safety and economic instability. NAFDAC Activities Paralyzed The National Agency for Food and Drug Administration and Control (NAFDAC) was paralyzed by an indefinite…
The Medical and Health Workers’ Association at the National Agency for Food and Drug Administration and Control (NAFDAC)has suspended its indefinite strike for one month to allow for mediation. Chairman Adetoye Ayodeji confirmed this development following a meeting with National Security Adviser Nuhu Ribadu in Abuja. “It was suspended for one month,” Ayodeji stated. “Mr….
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