Agriculture
Nigerian Govt woos foreign investors at World Bee Conference
The Federal Government of Nigeria has called on foreign investors to utilise the investment opportunities in the country by investing in bee farming.
The Consul General of Nigeria in New York, Amb. Lot Egopija, made the call at the closing of 2022 World Bee Conference, organised by the Nigeria-USA Chamber of Commerce in collaboration with the Collaborative Chambers Alliance in Cleveland, Ohio, U.S.
Egopija said the country’s potential in bee farming had been estimated at over 10 billion dollars annually as against the current inflow of 4.5 million dollars.
In his words, “Nigeria has the potential of becoming the largest producer of honey and manufacturer of honey products in Africa given it huge land size and lush vegetation.’’
According to the envoy, the Federal Government of Nigeria is currently working on a medium to long-term development agenda to transit from oil-based economy to a green economy.
He said the Government was working to transit to a green economy which food security and environmental conservation, especially through agriculture, as areas of focus.
“It is estimated that about 10 million Nigerian households consume an average of one litre of honey annually at the cost of 30 million dollars, half of which is imported.
“With the appropriate facilities and funds, large quantities of different grades of honey can be sourced locally and packaged for exports to reduce pressure on our foreign exchange for honey importation.
“As the largest economy in Africa and one of the most profitable investment destinations in the world for potential investors, business opportunities are abundant and are on the increase in Nigeria,’’ he said.
According to him, Nigeria enjoys duty-free trade with ECOWAS Member countries and as the largest consumer market in West Africa.
He said the Trade and Investment Desk of the Consulate-General was readily available to guide potential investors to fully maximise the benefits of the Federal Government’s visa on arrival policy, the pioneer status incentive, and the expanded tax holiday incentives, among others.
Egopija, therefore, pledged support for foreign investors willing to utilise the investment opportunities in Nigeria by investing in bee farming.
(NAN)
The Borno Government has announced the creation of Ministry of Livestock and Fishery Development to align its
Development strategy with Federal Government initiatives, and boost the state’s economic potential.
Gov. Babagana Zulum made the announcement on Tuesday during the swearing in of two commissioners at the council chambers of the Government House.
Zulum underscored the importance of livestock and fisheries as vital sectors with untapped revenue potential.
He emphasised that the new ministry would focus on high-yield livestock breeds, milk production and fisheries, targeting both domestic consumption and export opportunities.
The governor said that “no state government can make substantial money in livestock alone, but we believe with the right investment and political will, the sector can generate significant revenue.”
He said that the growing demand for milk by yogurt companies and the proximity of Maiduguri to Asian and Arab markets, are great opportunities for dairy exportation.
The governor, therefore, assigned the Deputy Governor, Dr Umar Kadafur, to oversee the activities of the new ministry, citing his practical experience and passion for livestock development.
He said “livestock development is not just about academic qualifications, it is about practice and the deputy governor has demonstrated capability in that regard.”
According to him, the ministry will prioritise procuring high-yielding livestock varieties, enhancing milk production and creating sustainable rural projects to support
Local communities.
He said that projects in Mafa, Gajiram and in Southern Borno will soon be launched under the new ministry’s purview.
The governor urged civil servants and ministry personnel to take ownership of the new initiative, adding that the ministry’s success would contribute to the states
Long-term economic stability and self-reliance.
The Port Harcourt Refinery, managed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) through the Port Harcourt Refining Company Limited (PHRC) has commenced operations after undergoing rehabilitation and modernisation.
The refinery with 210,000 bpd refining capacity located at Alesa, Eleme, in Port Harcourt, comprises two operational units which were established in 1965 and 1989.
The News Agency of Nigeria (NAN) reports that the old plant refines a capacity of 60,000 barrels per day (bpd), while the new plant refines 150,000 bpd.
It would be recalled that the Federal Government, under former President, Muhammadu Buhari, had in March 2021 secured a 1.5 billion dollars loan to rehabilitate the facility which contract was awarded to an Italian firm, Tecnimont S.P.A, a subsidiary of Maire Tecnimont Group.
NAN) reports that Malam Mele Kyari, the Group Chief Executive Officer of NNPC Ltd. is leading the team to inspect the first lifting of petroleum product from the facility after its rehabilitation.
Alia appoints head of agric company, others
Gov. Hyacinth Alia has approved the appointment of Mr. Donald Aorkwagh Akule as the Managing Director/Chief Executive Officer of the Benue State Agricultural Development Company (ADC).
The governor also approved the appointment of Dr Aondoakaa Asambe as Principal Special Assistant (PSA) on Livestock Development and Animal Transboundary Disease Control.
The appointments were announced in a statement signed by his Chief Press Secretary (CPS), Sir Tersoo Kula, and made available to the News Agency of Nigeria (NAN) in Makurdi on Friday.
According to the statement, the governor also appointed Mr Abraham Agogo as Senior Special Assistant (SSA) on Community Mobilisation.
The statement added that the appointments take immediate effect.
It said that Akule brings over 15 years of experience in agricultural systems, community development, research and development, and food processing.
He holds a B.Sc. in Food Science and Technology from Joseph Sarwuan Tarka University, Makurdi, and is a Certified Fellow in Agricultural Systems Development under USAID and Lagos Business School.
Meanwhile, Asambe, a member of the Nigeria Veterinary Medical Association and a registered veterinary surgeon with the Veterinary Council of Nigeria, has been a lecturer at Federal University, Dutsima, for the past 12 years.
He holds a Doctor of Veterinary Medicine at the University of Agriculture, Makurdi (now Joseph Sarwuan Tarka University, Makurdi).
He also holds a postgraduate degree in Food Animal Medicine at the Ahmadu Bello University, Zaria.
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