NIGERIA – Governor Akinwunmi Ambode of Lagos State yesterday in Zurich, Switzerland, led a team of the State Executive Committee members to sign an agreement with Bühler AG (“Bühler”), a leading rice-mill producer in the world, for the acquisition of 32 tons per hour rice mill.
NIGERIA – Worried that Nigerians are indirectly eating poison because of the way food production is handled, the federal government has commenced nationwide advocacy on agricultural quality control and standards.
NIGERIA – The President of the Senate, Dr. Bukola Saraki has cautioned that unless smuggling is tamed by relevant authorities, it would make a waste of the over $7 billion invested by the government to stimulate local production of rice in the last 10 years.
NIGERIA – Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $3.8bn in sugar and rice and $800m in dairy production in the next three years as the company seeks to expand and deal with a shortage of dollars in its home market of Nigeria.
NIGERIA – The federal government has in response to what it views as unsatisfactory general performance of operators in the sugar production sector in recent times, introduced new guidelines as well as putting in place benchmarks for raw sugar allocation.
SOUTH AFRICA – Despite revising South Africa’s soybean production forecast to 1.23 million tonnes in May, the Crop Estimate Committee has upped its forecast to 1.34 million tonnes – making this season’s crop the largest on record, the Agriculture Business Chamber (Agbiz) said in its latest newsletter.
ZAMBIA – Food Reserve Agency (FRA) has designated to sell 100,000 tonnes of maize from the national strategic food reserve during the 2016/17 season to create space for the commodity to be purchased later this year.