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Commodities & Statistics

Commodities & Statistics

Sesame Seed, also called benniseed is the most sought after vegetable oil in the world as its industrial ingredients can be used for the production of margarine, canned sardine, corned beef, soap making and ink and is well preferred...
Cocoa Production in Nigeria has been on a major decline. Cocoa is the leading agricultural export commodity of the country and its most important cash crop. Cocoa is the second major non-oil foreign exchange earner for Nigeria. COCOA PRODUCTION STATISTICS Nigeria’s annual...
Garlic is second most widely used amongst cultivated Alliums after onion. Its pungent smell could be very unpleasant when perceived fresh but when added to meals gives the meal a delightful fragrance. Garlic is widely recognized today as a health...
Sesame Seed, also called benniseed is the most sought after vegetable oil in the world as its industrial ingredients can be used for the production of margarine, canned sardine, corned beef, soap making and ink and is well preferred...
Gaps in Nigeria Demand & Supply Across Key Crops and Activities (2016 Estimate) Gaps in Nigeria Demand and Supply Across Key Crops and Activities (2016 Estimate) Crop Demand (tons) Supply (tons) Observations Rice 6.3 million 2.3 million Insufficient supply chain integration remains...

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Why You Need A Business Plan Before Venturing Into Agribusiness.

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

Investment Opportunities In Wheat In Nigeria

Prospective Agribusiness Investors in Nigeria are increasingly seeking investment opportunities in Wheat In Nigeria and its value chain. Wheat is a specie of cereal grasses...

Ayade to Youths – One Hectare of Cocoa Farm Is Your Oil Well

Cross River State Governor, Professor Ben Ayade, has promised to turn the youths in the state into green millionaires through the revolutionary cocoa policy...

Lack of Business Plan; The Reason Most Start Up Investors Fail In Agrobusiness

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

India Offers to Buy N367bn Pulse Beans from Nigeria

India has approached Nigeria to supply it with $1billion (about N367 billion) worth of Pulse Beans. The Director, Agricultural Business, Processing and Marketing, Ministry of Agriculture...

Lack of Business Plan; The Reason Most New Agrobusiness Investors Fail

By Chika Okeke Most people coming into Agrobusiness especially youths in Nigeria view Agriculture and Agrobusiness as a get rich quick investment or a sure...

Illegal Importation of $9.8m GM Maize Alarming, Group Laments

The Health of Mother Earth Foundation (HOMEF) has described the illegal importation of genetically modified (GM) maize worth $9.8 million   into Nigeria as alarming. The...

Flour Mills to Increase Investments in Local Production

Flour Mills of Nigeria Plc (FMN) has reiterated its resolve to continue to invest in local production, in line with the drive of the...

Government Moves to Crash Price of Local Rice

The Minister of Agriculture and Rural Development, Audu Ogbeh, has hinted of plans to reduce the price of 50kg bag of local rice from...

FG saves N112bn from local fertiliser production

The production of locally-blended fertiliser has this year saved the Federal Government about $150 million (equivalent of N52 billion) hitherto spent on foreign exchange...