SPDC distributes M32m start-up capitals to 100 entrepreneurs in Bayelsa

By Thompson ABISOLA The Shell Petroleum Development Company (SPDC) on Thursday presented N32 million start-up capitals to 100 persons in Bayelsa who successfully completed a business management training organised by it. The Regional Community Health Manager, SPDC Dr Akinwumi Fajola, , said during the presentation of the packs in Yenagoa, that the gesture was to enable the beneficiaries engage in small businesses. About  40 of the beneficiaries are uneducated markets women and 30 are graduates while the rest 30 are school leavers. According to him, the programme tagged “Ogbia Special…

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GEF grantee trains farmers on agro-forestry in Osun

By Giwa SHILE A grantee of the Global Environmental Facility (GEF), Environmental Management and Development Trust (EMADET), an NGO, has trained farmers on agro-forest production in Ile-Iran community, Ayedire Local Government Area, Osun state. Its Director of Programme, Mr Alade Adeleke, said this in Ile-Iran on Sunday. Adeleke disclosed this on the sideline of GEF inspection and evaluation visit to project site of EMADET in Ile-Iran community. GEF supports EMADET with a grant of 49,938 dollars to execute a project titled “Integrated Agro-Forestry, Waste Management and Livelihood Enhancement” in Ile-Iran…

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World Bank intervention programme: Liberating IDPs from poverty, hunger in North East

By Olamilekan FAWAS Most farmers believe that Fadama — cultivation and farming by irrigation — has improved farming since its introduction in 1993. Agriculturists also note that with Fadama method of farming, farmers can develop from feeding their family to getting huge source of income from farming. The Federal Government projection for Fadama is to provide resources and means of livelihood to many Nigerians. However, Boko Haram insurgency in the north-eastern part of the country had, hitherto, disrupted farming activities in the region by displacing residents, including farmers. The effects…

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World Food Day: FAO wants value addition to Nigeria’s agric produce

By Meletus EZE The UN Food and Agriculture Organisation (FAO) has called on the Federal Government to ensure value addition to Nigeria’s agricultural produce so as to achieve zero hunger by 2030. The Country Representative of FAO, Mr Suffyan Koroma, , made the call in Abuja on Tuesday at a walk organised to commemorate the 2018 World Food Day. Koroma who stressed that agricultural production would be a waste of time without value addition, appealed to the Federal Government to also consider other complimentary services which agricultural production needed to…

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Federal Govt. will support states on MSMEs irrespective of party differences-Osinbajo

By Aliyu DANLADI Vice-President Yemi Osinbajo says the Federal Government is giving support to state governments to grow Micro, Small and Medium Enterprises (MSMEs) devoid of party differences. Osinbajo made the assertion on Tuesday during the launch of the 19th edition of the National MSMEs Clinic in Enugu. He, therefore, said that the Federal Government would set up shared and well equipped MSMEs facilities in all states of the federation to support entrepreneurship. He said that the Federal Government had already shown such impartiality through the various financial supports it…

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Traders protest closure of 400 Nigerian-owned shops in Ghana

By Aliyu DANLADI The National Association of Nigerian Traders (NANTS) partially paralysed activities at the ECOWAS Secretariat, Abuja, on Monday as they protested the alleged closure of more than 400 shops belonging to Nigerians in Ghana. The protesters carried placards, some which read: “We need ECOWAS intervention,” “Ghana re-open Nigeria’s shops now,” “ECOWAS, the situation in Ghana is totally unacceptable,” “Ghana wants AfCTA secretariat but clamps on African traders.” Mr Ken Ukaoha, President of the association said that the association was protesting the alleged victimisation of Nigerian businessmen in Ghana.…

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Closure of Obasanjo farms not politically motivated – Official

By Giwa SHILE The Chairman, Oyo State Board of Internal Revenue, Mr Bicci Alli, has said the closure of Obasanjo farms in Ibadan was not politically motivated as being speculated in some quarters. The board chairman said this in Ibadan on Thursday to newsmen while reacting to the closure of the business of the former President Chief Olusegun Obasanjo in Ibadan. “Our process and procedures are not driven by political consideration, we work for the state government and the intention is to bring in revenue following the due process. “We…

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Master Bakers will not increase bread price – Official

By Meletus EZE The Association of Master Bakers and Caterers of Nigeria has assured the public that it will not increase the price of bread nationwide. The South-West Vice Chairman of the association, Mr Jacob Adejorin, gave the assurance in Lagos on Thursday. “We have been receiving calls from different parts of the country based on radio, television and newspapers’ reports that bread makers will increase price of bread and also embark on a nationwide strike from Sept. 24. “We Master Bakers are disassociating ourselves from such plan. Although, we…

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Explore alternative energy sources, experts tell entrepreneurs

By Kunle SHONUGA Experts in the energy sector have urged entrepreneurs to explore alternative energy sources to boost operations of their small and medium scale enterprises (SMEs). An engineer with Nexgen Energy and Allied Services Limited, Mr Ayokunle Adenigba, an engineer with  Nexgen Energy and Allied Services Limited, said in Ibadan on Tuesday that alternative energy sources would provide solution to the persistent energy crisis in the country. “Power constitutes 40 per cent of the production cost for SMEs and the government has been trying to solve the various challenges…

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BOA disburses N895m loans to kwara farmers in 46 years – MD

By Giwa SHILE The Bank of Agriculture (BOA) says it has disbursed N895, 545, 564 as loans to farmers and other categories of business operators as in Kwara State since its inception in 1972. The Managing Director and Chief Executive Officer of the bank, Alhaji Kabir Adamu, made this known on Thursday in Erin-Ile, Kwara at the inauguration of Erin-Ile branch of the Bank. Mr Emmanuel Ameh, Executive Director, Retail Operations of the bank represented Adamu at the occasion. Adamu noted that out of the amount, the N227, 463, 952…

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