Nigeria’s agricultural imports continued to take an upward trajectory, hitting N2.7tn in 2021. This is coming despite spending no less than N129.084bn on agriculture loans to farmers. According to findings by our correspondent, Read More
Tags :Agriculuture
Data from the National Bureau of Statistics have shown that the agriculture sector recorded improved performance in 2021, when compared to the previous year. The NBS said the sector output grew by N3.89tn from N37.22Read More
The value of imported agricultural goods rose to N532.39billion in the fourth quarter of 2020 from N503.4billion in the third quarter in the same year– a 5.75 percent increase. This was disclosed by the National Read More
The Central Bank of Nigeria has said it’s disbursed N1.487 trillion under its various agricultural programmes to boost food security. Emefiele said that the apex bank disbursed N107.60 billion to 548,109 farmers cultivating 703,619 hectares of Read More
As at December 31st 2020, over N3 trillion out of the N4.2 trillion intervention funds disbursed by the Central Bank of Nigeria are outstanding. This is a total of 72.5 percent yet to be reimbursed to the Read More
An analysis from 2015 and 2020 shows that agriculture has contributed largely to the growth of Nigeria’s economy consistently for six years. During these years, the agricultural sector has contributed almost a quarter to the country’Read More
