Targets 34 countries, 20 million farmers The African Development Bank (AfDB) said it has put in place a $1.5b emergency food production facility to support food sufficiency in Africa. The President, Dr. Akinwumi Adesina, stated this in an interview at the Governor’s Office, Oke Mosan, Abeokuta, when he paid a visit to the Ogun State […]
Targets 34 countries, 20 million farmers The African Development Bank said it has put in place a $1.5b emergency food production facility to support food sufficiency in Africa. The President, Dr. Akinwumi Adesina, stated this in an interview at the Governor’s Office, Oke Mosan, Abeokuta, when he paid a visit to the Ogun State…The African Development Bank said it has put in place a $1.5b emergency food production facility to support food sufficiency in Africa.
He said the facility became imperative as a result of the ongoing war between Ukraine and Russia, which had seen prices of wheat and maize skyrocket. “Because of the war in Ukraine by Russia, which actually sent prices of wheat and maize skyrocketing all over the world, we have global inflation. Therefore, the impact of that is going to be quite serious for our houses, particularly, low-income households.
While commending the governor for the Agro Cargo Airport project, set to be commissioned in the first quarter of 2023, the AfDB President noted that having a cargo airport in the state would facilitate the development of agricultural value chain in Ogun.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Election 2023: Toward a new and better Nigeria | The Guardian Nigeria News - Nigeria and World NewsEvery Nigerian who has been in Nigeria since the first democratic government, 1960 to 1966, would have quest for a better governance. Every Nigerian who has been in Nigeria since the second democratic government, 1979 to 1983, would have quest for a better governance.
Read more »
Post-2023: Leadership function and lessons for Nigeria | The Guardian Nigeria News - Nigeria and World NewsIn this piece, I want to further explore deeper issues relating to the lessons that political history of the world around us offer in focusing on the leadership challenges that Nigeria needs to urgently engage with, as we approach the change of leadership baton in 2023.
Read more »
Cadbury Nigeria records N55 billion revenue in 2022 | The Guardian Nigeria News - Nigeria and World NewsCadbury Nigeria Plc, a subsidiary of Mondelēz International, has announced a turnover of N55.21billion for the year ended December 31, 2022, representing an increase of 30.3 per cent over N42.37 billion recorded in the same period in 2021.
Read more »
FG okays U.S. visa ban on democracy saboteurs | The Guardian Nigeria News - Nigeria and World NewsThe Federal Government says whatever action taken against anyone who undermines the nation”s democracy, watered by the blood of many patriots, is right and justified.
Read more »
Quincy Ayodele glows @64 | The Guardian Nigeria News - Nigeria and World NewsQuincy Olasunmbo Ayodele, founder of Quincy Herbals, now transformed into Quincy Wellness & Naturopathic Centre, yesterday celebrated her 64th birthday in grand style.
Read more »