Feeding The World Through Knowledge Transfer To Farmers To Succeed In The Business Of Farming


Feeding The World Through Knowledge Transfer To Farmers To Succeed In The Business Of Farming

CBN/RIFAN to Plans to Crash Price of Rice by the end of the year

 Due to the increasing price of rice, the Central Bank of Nigeria (CBN) and Rice Farmers Association of Nigeria (RIFAN), have concluded plans to crash the price in all markets across the country by the end of the year.

This was made known on Tuesday in Abuja by Dr Musa Olasupo, an Assistant Director in CBN and a member, CBN Rice Value Team.

He said that RIFAN had assured CBN that Nigerians should expect between nine and 11 million metric tonnes of rice by the end of the year with the support of the bank, that CBN had financed the construction of rice mills to support food self-sufficiency and security.

Olasupo revealed that the 32 tonnes-per hour rice mill that is been constructed by the Lagos state government at Imota, has reached 80 per cent completion and will be completed before the end of the year.

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He said that Nigeria’s quest for self-sufficiency in rice production had continued to be hampered by issues around quality, price instability and harvesting/processing challenges, among others.

“The bank started the funding process since 2015 and it will continue to fund the millers as part of government’s efforts at revamping agriculture to crash price of rice.Once the millers are able to produce more, price will continually come down until it attains an equilibrium,’’ he said.

He said that the bank was determined to support any entrepreneurial initiative aimed at ensuring food security and safeguard the country’s foreign exchange from endless importation of rice available in different varieties locally.

Olasupo also made known that CBN was also funding other rice mills which includes, Labana Rice Mills in Kebbi State and Umza Rice Mill in Kano State. And Dangote Farms was also constructing five rice mills of which two are in Jigawa and one each in Kebbi, Zamfara and Sokoto states.

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He said the need to build bigger rice mills across the country is very important so that farmers could grow more rice paddies to produce more rice to crash the price.

Olasupo pointed out that there was need to encourage more people build rice mill in the Niger Delta region, as the consumption rice in Delta, Benin, Rivers, Beyalsa would be increasing to more than 200 million metric tonnes.

He also said that CBN and management of Bayero University Kano (BUK) had begun talks on how to develop a comprehensive blue print to fund rice production and processing in commercial quantity in the university.

In a remark, the National President of RIFAN, Alhaji Aminu Goronyo, said that the volume of rice production must be increased from 6.9 million tonnes per annum to 10 million considering the continuous growth in population.

He urged Nigerians not to panic, assuring that in the next few weeks the price of rice would come down as markets would be flooded with local brands of rice. That with the financial effort and the involvement of the CBN and RIFAN, the prices of milled rice would fall.

Goronyo said the increase in the price of rice was associated with the high foreign exchange rate to buy inputs, the coronavirus lockdown and floods, that things will soon go back to normalcy as the dry season farming commences by the end of October.





CBN Flags off Loans for Cocoa Farmers


The Central Bank of Nigeria has flag off a special loan program for cocoa farmers across the cocoa producing states in the country. 1221 selected cocoa farmers from Oyo, Osun, Ondo, Ekiti, Delta, Edo, Ogun, Abia, Cross River and Kwara attended the flag-off of inputs distribution for the cocoa farmers under CFAN-Wema Bank-CBN Anchor Borrowers Support Programme.

While addressing the beneficiaries at the ceremony in Akure, the National President of Cocoa Farmers Association of Nigeria (CFAN), Comrade Adeola Adegoke, said this was the first time such incentive would come to cocoa farmers. That this will re-energise, reactivate and boost cocoa production as the scheme had readily captured all necessary farming inputs and loans.

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The CFAN President recalled that cocoa revolution was initiated by Chief Obafemi Awolowo, who was the Premier of the old Western region, through which lots of legal projects, especially Free Western education were executed. He called on the youths to embrace cocoa revolution to salvage the economy.

He raised the concern that the major cash crop in Nigeria was gradually dying, which formerly occupied second position in production but now in eight position.

Adegoke emphasised on the need to embrace irrigation agriculture by cocoa farmers, that each farm should have a borehole as agriculture generally would not thrive without water.

While appreciating both the Central Bank of Nigeria (CBN) and Wema Bank for their kind gesture to support cocoa farmers in lifting cocoa higher, he promised that his committee will represent CFAN well in the program.

The loan is expected to last for 18 months






The Nigerian Association of Agricultural Economists (NAAE) has expressed concern over alarming rise in prices of food items across the country due to the COVID-19 pandemic.


In a statement made by Prof. Job Nmadu, the National President of the association in Abuja, he said the pandemic had disrupted some vital agricultural activities. The 2019/2020 harvest, land preparations and planting for 2020 and 2021 season had been disrupted, which has led to the high cost of food items. Nmadu said this would lead to devastating conditions like starvation unless something was done by the government and relevant stakeholders urgently to forestall the situation.


According to him, “Prices of food items have risen sharply further making it difficult for most Nigerians to afford food items that would provide balanced nutrition. In order to avoid widespread hunger and starvation in 2021, the government must start working on strategies that would ensure that shortages are appropriately supplemented. In particular, post-harvest losses which are about 34 percent of harvest must be prevented as much as possible.”


Commenting on the other areas of life affected by the pandemic, he said the educational sector was one of the most hit. That it had become necessary for stakeholders to undertake robust consultations to give online schooling a priority in the country. He, therefore, called for more investment in Information Communication Technology (ICT). That most countries of the world are providing infrastructure for free Wi-Fi in public places, buildings, and educational institutions.


He also stated that it was not sustainable in Nigeria, for students and pupils to be expected to buy their data. That it would be necessary to include the provision of Wi-Fi as part of conditions for operating schools. “The long-term impact of COVID-19 pandemic on the socio-economic and cultural life of Nigeria and Nigerians is disturbing. The pandemic led to the closure of all educational institutions in the country since March 2020 and necessary measures must be taken to ensure that students do not lose out completely.” He added.


Nmadu called on relevant stakeholders for resolution of pending issues with the Academic Staff Union of Universities (ASUU) to ensure a win-win situation for all.






Wood ash and charcoal have often been used in different ways locally to solve different problems. Wood ash has always been used in the local way to control lice in poultry birds.


New findings state that Wood ash and charcoal can be used to control ammonia odour build-up in poultry. This was made known by one of the members of the General Poultry Matter’s Group on Whatsapp with a video demonstration of its use.


It was stated that the wood ash and charcoal can be used to control the buildup and ammonia and microbial activities that cause diseases. According to the video posted in the group, the wood ash and charcoal is not just effective in controlling odour and microbial breeding on the faeces but also good for controlling lice in birds. It has no side effect on the birds as it is an organic and cheap method of eradicating poultry odour.


In demonstration of how to apply it, for brooding chicks, you spread the ash evenly like the beddings on the floor and then add the wood shavings on them. It keeps the litter dry and prevents any microbial breeding in the litter.


How to control odour from poultry faeces has been a major challenge to most poultry farmers especially the ones close to where people are living. If this is found to be very effective as demonstrated, this will help farmers to solve one of their major challenge in a very cheap way.