Connect with us

Business & Economy

French envoy lauds Ogun govt. on agric devt

Published

on

Ogun-State-Governor-Dapo-Abiodun-and-French Ambassador to Nigeria Jerome Pasquier
Ogun-State-Governor-Dapo-Abiodun-and-French Ambassador to Nigeria Jerome Pasquier
Share

The French Ambassador to Nigeria, Mr Jerome Pasquier, on Wednesday lauded Ogun Government on its public/ private partnership and agricultural development initiative, geared toward industrialisation, job creation and economic development.

Pasquire made the remark while inspecting Fan Milk Dairy Farm at Odeda Farm Institute, Eweje, and an aquaculture hub at the Obasanjo Farm Settlement, Owiwi, in Ogun.

He expressed delight with the progress made so far on the dairy farm project, adding that it was capable of producing more milk in Nigeria and reducing milk importation.

According to the envoy, the project will help in training farmers and create more jobs in the state, especially in agriculture.

“This is a very interesting project which has large economic value. It is also aimed at producing more milk and create more jobs.

“This project addresses major economic challenges in Nigeria.

“Ì am happy about the support of the State Government, the Federal Ministry of Agriculture and the Central Bank of Nigeria (CBN) for making the dairy farm a reality in Ogun.’’

The Commissioner for Agriculture, Dr Adeola Odedina, said on the occasion that various agricultural development and industrialisation strides of the present administration had gained global attention.

According to the commissioner, this development has been responsible for the citing of the Dairy Farm by Fan Milk Plc at the state owned Farm Institute.

Odedina said the ambassador’s visit was to acquaint the French Embassy with the recent agricultural investment opportunities in Ogun.

According to Odedina, the Odeda Farm Institute, where the dairy farm is located, is owned by the state government.

Odedina said the Memorandum of Understanding (MoU) between the state government and Fan Milk Plc was signed early this year.

“This is a state-of -the-art dairy farm, a public/ private partnership going on in Ogun.

“We are investment ready, and this is going to have impact on job creation, food and nutrition, as well as industrialisation.

“This is also telling the whole world that we are working our talk in partnership with the private sector and international development organisations,” he said.

Earlier, the Project Manager, Fan Milk Plc, Mr Onyena Livinus, stated that the dairy farm project would benefit the Fan Milk, the society and Nigeria, as it would develop more youths and address the country’s economic needs. (NAN)

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business & Economy

Kaduna refinery will begin production in December – NNPCL Boss, Kyari

Published

on

Melee-Kolo-Kyari-NNPC-GMD
Melee-Kolo-Kyari-NNPC-GMD
Share

The Group Managing Director of the Nigerian National Petroleum Company Limited, NNPCL,Mele Kyari has disclosed that the refinery in Kaduna State will be ready for production by December 2024.

He disclosed this during a meeting with the Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria in Abuja.

He disclosed that operations at the Port Harcourt refinery are scheduled to begin in two weeks.

According to Kyari: “We did a mechanical completion of the (Port Harcourt) refinery, that was what we said in December. We now have crude oil already stocked in the refinery. We are doing regulatory compliance tests that must happen in every refinery before you start it, and I assure you that this Port Harcourt refinery will start in the next two weeks.

“Completing the mechanical work means that you are done with the rehabilitation work, now you have to test to see how it works. Of course, we have also completed the mechanical work on the Warri refinery.

“It is also undergoing regulatory compliance; processes that we are doing with our regulator, and this will soon be completed and it will be ready.

“The Kaduna refinery will be ready by December. We have not reached that stage in Kaduna, but we promise Kaduna will be delivered by December.”

 

Continue Reading

Business & Economy

Edun Blames Economic Hardship On Free Printing Of Naira During Buhari’s Govt

Published

on

Wale-Edun
Wale-Edun
Share

Minister of Finance, Wale Edun, stated this on Wednesday when he appeared before the Senate Committee on Finance chaired by Senator Sani Musa.

The Federal Government has disclosed that the free printing of naira notes for eight years, under the previous administration went into the hands of a privileged few, without corresponding productivity, resulting in the country’s current economic situation.

Minister of Finance, Wale Edun, stated this on Wednesday when he appeared before the Senate Committee on Finance chaired by Senator Sani Musa.

While elaborating on measures to revamp the economy, the Finance minister vowed to thoroughly audit the 22.7 trillion naira, and mop up the monies from the market and use it to pay the central bank to give the government a balanced book.

Responding to questions, the finance minister addressed the issue of waivers on customs duty running into trillions of naira, promising to overhaul the system, rejig it and implement a technology and payment system that would correct all anomalies in place.

He further disclosed that a total of 13 trillion naira was collected as non-oil revenue in 2023.

Continue Reading

Business & Economy

Harsh Economy: FG To Begin Distribution Of Grains Nationwide 

Published

on

Share

 

The Federal Government will begin the distribution of grains nationwide to cushion the impacts of the hardship in Nigeria.

Minister of Agriculture and Food Security Senator Abubakar Kyari disclosed this on Monday.

“Dear Fellow Nigerians,” he wrote on his official X handle. “In these trying times, I extend my sincere compassion to those affected by the hardships in the country. I understand the gravity of the situation, especially with the unfortunate event of foodstuff warehouse looting.

“Amidst these challenges, I want to assure you that our commitment to your well-being remains resolute. We shall commence the distribution of 42,000 metric tons of grains, as approved by Mr. President, across the 36 states of the federation as one of the programs to be rolled out this week.

“We are working hand in hand with NEMA and the DSS to ensure that the grains get to the right people in the right packages and quantities. Furthermore, 58,500 metric tons of milled rice from mega rice millers will also be released into the market for stabilization.”

The minister who hailed the resilience of the Nigerian people, urged them to back President Bola Tinubu’s government in its quest to address the challenges facing the country.

“I acknowledge the strength of the Nigerian people, and it is this resilience that will guide us through these difficult times. Let us stand together to support Mr. President in his strive for a better Nigeria,” Kyari said.

“Our government under the leadership of President Bola Ahmed Tinubu is committed to addressing these challenges and working towards a more secure and prosperous future for all.”

Continue Reading