Nigeria’s palm oil sector is set for a major revival with a new strategic plan targeting 1.5 million hectares, increased investments, and a roadmap to reduce the nation’s import dependence and create jobs.
Federal government secures a $1bn AfDB loan to extend the Special Agro-Industrial Processing Zones (SAPZ) across more States
African Development Bank (AfDB) has launched a new Country Strategy Paper to support Nigeria’s agricultural sector
Nigeria and Brazil have signed the $1.1 billion Green Imperative Project (GIP) to enhance food security, boost agricultural productivity
Nigeria sees a decline in food prices, easing financial strain on households, but farmers warn the relief may be temporary due to rising production costs.
The World Bank highlights worsening global food insecurity, with over 280 million people facing acute hunger daily.
Nestlé Nigeria commits N1.8 billion to enhance dairy farming and livestock development, aiming for 30,000 liters of daily milk production by 2027.
Nigeria’s ginger exports fell by 74% in 2024 due to a widespread blight epidemic causing massive losses for farmers and skyrocketing prices
NIMET forecasts heavy rainfall and possible flash floods between May and June 2025 in coastal cities
Nigeria’s inflation rate is forecast to decline to 27.1% by December 2025, signaling positive impacts of reforms. Economic growth is projected at 3.5%
