Federal Government of Nigeria Promises 10 per cent Interest Rate on Agricultural Loans

President Mohammadu Buhari has given a directive to help agriculture and industry at single digit curiosity cost.The Minister of Agriculture and Rural development, Audu Ogbeh, on the NACCIMA/NIRSAL agribusiness convention held the day gone by in Abuja said the president recounted this at the federal executive council meeting.

He disclosed that the committee, headed by using the vice chairman, would make certain they keeping the interest rate at 10 per cent.Stressing the need to restructure agricultural credit score, he stated: “at the council of ministers assembly, the president gave a directive to raise fund to aid agriculture and industry at one digit curiosity cost.

“If we don’t keep the interest expense as minimum as it must, there's main issue forward. Manufacturing just isn't so effortless, different international locations support agriculture, in each farm in Europe goverment help it with six euros per day.”


He lamented the inaccessibility of finance for agriculture, noting that farmers can not borrow at 25 per cent curiosity cost as there is not any creation business that possible have interaction in with such curiosity fee.He stated on account that the country is working a federalism method of presidency has made it impossible for the Federal executive to intervene within the affairs of states

He lamented that regardless of extended focus on agriculture, there are states that doesn't have a single working tractor for farmers. He urged the personal sector to position strain on the governors and regional government chairmen to do the right factor.

meanwhile, vice president Yemi Osinbajo the day before today restated the determination of the administration to empower Nigerians if these in executive resist the temptation to corner the nation’s resources to fulfill personal greed.

talking in Osogbo, where he flagged off Government Enterprises and Empowerment Programme (GEEP), Osinbajo stated the ruling All People Congress (APC) got here to rule due to the fact that usual people on the streets gave it overwhelming help with a purpose to provide the nation a lease of life.

He mentioned, “once I arrived right here i have obvious for myself some merchandise that will have to be supported by means of our administration. Our govt will continue to work very difficult to support them by making on hand resources to raise their firms.’’

How Do You Get Bed Bug?

You can pick up bed bugs almost anywhere — offices, stores, hotels and houses. They’re great at hiding and have been known to hitchhike in luggage, personal belongings. Once indoors, they can be very difficult to control without the help of an experienced pest specialist. You can reduce your chances of a costly bed bug infestation by catching them early by following these tips:

• Inspect your home after moving in, trips, service calls or overnight guests.
• Closely inspect any second-hand furniture before bringing it in your home.
• Remove all clutter from your home, which makes finding bed bugs easier.

Bed Bug Eradication

Bed bugs are small wingless insect that feed on the blood of warm blooded animals. According to research bed bugs are not known to carry disease or spread disease. Getting rid of them from your homes and hotel is tough as adult bed bug is extremely resilient to pesticides and can survive in a very harsh conditions. Ohgardens has eradicated these unwanted guests in several homes in Lagos. We offer quick and effective solutions to pest problems , we also work with clients ranging from homeowners ,

multinationals and family businesses. We have highly trained field officers with hands on experience and technical know to eliminate your pest menace.

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Agribusiness Training

Success in Agribusiness, like every other venture in life cannot be achieved by knowledge/information alone. The knowledge must be developed into practical skills.

Modern apprenticeship programs provide both on-the-job training and classroom instruction; Apprentices usually start by taking on simple tasks and progress to more complex tasks as time goes on.This is the kind of training I advocate for in agribusiness. Not e-books and 2-3 days seminars!

Nigeria is the only part of the world where people want to attend 2 days’ seminar, buy an e-book and hope to achieve success in agribusiness. Don’t be deceived! it is not going to work! You don’t learn any trade of business like that.There must be apprenticeship to get the right skills required to be successful in agribusiness.

Before this get to Nigeria

World Bank ignores land grabbing

Sales of huge land areas of Ethiopia, by the Ethiopian government, to foreign investors, have led to starvation and forced displacement. In his documentary Dead Donkeys Fear no Hyenas, Swedish film director Joakim Demmer exposes the consequences of land grabbing, and holds the World Bank complicit.

The chase for this Green Gold started over ten years ago. Just before the global  financial crisis, agricultural land areas in developing countries became a target for investment among global investors.

Farmers now collect Fertilisers at 50% reduced price

Farmers have started accessing fertilisers at the new rate, which is about 50 per cent less than what obtained some weeks ago, SUNDAY PUNCH has learnt.

The Minister of Agriculture and Rural Development, Mr. Audu Ogbeh, had in January announced that the price of fertilisers would crash by half, down from N12,000/N10,000 to around N5,000.

Ogbeh also stated that a shipload of phosphate would arrive in Nigeria from Morocco and that blending of the product to manufacture fertiliser would commence immediately because Nigeria’s target in fertiliser production was between 700,000 and 800,000 tonnes per annum.

“Once the blending starts in the course of our negotiation, the price of fertiliser will fall by about 50 per cent,” the minister had stated.

Also, about two weeks ago, agro-dealers in Abuja stated that the shipload of phosphate had landed in Nigeria and that the price of the commodity would crash, although the product was not sold at the new rate then.

However,

African Business must help to provide solution to worlds food challenges

Feeding the rapidly growing world population is a complex and challenging undertaking. Today, almost 11 percent of the world’s 7 billion people lack access to sufficient and affordable food. By 2050, this challenge will have markedly intensified: the population will have grown to 9 billion people, while the global middle class will have expanded to such an extent that it is expected to lead to a 76 percent increase in meat consumption. Meanwhile agriculture will face strong competition for factors of production such as land and water because of greater urban and industrial demand. According to the FAO, if we are to address this growing demand, global food production must increase by 70 percent. This is a daunting challenge, and to meet it in a sustainable fashion, we need to improve dramatically how, and where, we produce the planet’s food.

Nigeria and Fish Importation

Tilapia and Catfish are the major species farmed by local fish farmers. Apart from these two fishes that i know that are farmed locally and some indigenous fish. 95% fish consumed in Nigeria are imported. There are various species of frozen fish being imported into Nigeria and these include Herring, Horse Mackerel (Kote), Mackerel(Titus), Croaker, Sardines, Alaska Pollock,  Blue whiting and some canned fish products are also imported. 

Nigeria has been a major importer of fishery products given its ever increasing consumption and lack of sufficient internal sources. Fish Imported into the country is estimated to be 1 million tons yearly.

Life of a Gardener

In my 5 years of gardening, I have dealt with many clients. But I have to say, the majority of the difficult clients tend to be the average people. They want absolute perfection and for the very minimum price you can give them. They will argue over every last penny to make sure they are getting the utmost effort for their money. There are also some requests that surprises me while working,  a client would looked at me in the eye and tell me "Mr Gardener make sure all the leaves in the gutter is packed",  "can you please clear all the weeds at the backyard".

Dangers of Eating Apple with Wax

Fruit Waxing

Fruit waxing is the process of covering fruits and vegetables with artificial waxing material. Waxing materials may either be natural or petroleum-based.

The objective for waxing are to prevent water loss,retard shrinkage and spoilage to improve appearance. Dyes may be added to further enhance appearance and sometimes fungicides. Fruits were waxed to extend shelf life. In addition to fruit, some vegetables can usefully be waxed, such vegetables commonly waxed include cucumbers and green tomatoes. 

ohgardens Horticultural Services

Do contact us for your Gardening and Fumigation Services
This is what we do 

• Garden Landscape Establishment
• Garden Maintenance Services
• Fumigation Services 

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mail us: saheedtewogbade@gmail.com

Hydroponic Fodder System

Hydroponics fodder system is an effective solution for fodder scarcity and is a promising technology for sustainable livestock production. It can be made locally from Bamboo, wood and metal. It requires less area to setup the green house. More importantly hydroponics fodder is more nutritious than whole maize plant and other fodder cut grass. Green fodders produced by growing seeds without soil but in water or nutrients rich solutions are known as hydroponics green fodder. Hydroponic fodder is easily digestible, full of nutrients and enzymes which will enhance production and growth of livestock. It requires lesser space and produces highly nutritious fodder than soil farming.

Growing Duckweed

​Duckweed is a natural plant that grows in swampy area and ponds. Duckweed are small, free-floating aquatic perennials that combine to form a green carpet on the surface of the water. It can also be grown indoors by collecting the plant and by putting it in water. Duckweed grows quickly in water. Duckweed serve as rich source of protein which is used for feeding fish and livestock. Duckweed have been fed to animals and fish to complement diets, largely to provide a protein of high nutritional value. Fish production can be enhanced by feeding duckweed to increase yield  from a few hundred kilograms per hectare/year to 10 tonnes/ha/year.