Business
Farmers To Enjoy Improved IITA Cassava Varieties
As part of efforts to ensure food security for Nigerians and neighbouring countries, as well as meet the United States Agency for International Development (USAID) targets farmers in Nigeria are to benefit from the distribution of free improved cassava varieties of the International Institute of Tropical Agriculture (IITA) Ibadan.
Distribution of the cassava varieties is also part of activities lined up by researchers at the Institute towards implementing the unleashing the power of cassava in Africa (UPOCA)project which is founded by USAID in seven African countries.
According to a release from the IITA which was made available to The Tide, the distribution of the varieties is part of the activities lined up for 2010.
From the release, Richardson Okechukwu, the IITA UPOCA Deputy Project Manager, who is also the Nigerian country coordinator stated that the aim of the project in Nigeria is to empower at least 75,000 farmers with improved varieties by the end of 2010.
He said “we also expect increase of production by 30 percent. The project will thereafter ensure food security for Nigerians and will also provide more roots for the large scale cassava industry.”
The release further states that increasing cassava production is one important aspect of the project that researchers are pushing to improve processing and ultilisation technologies, to create more markets for the crop, and that the USAID project is funded in seven African countries as Nigeria, Ghana, Sierra Leone, Tanzania, Malawi, Democratic Republic of Congo and Mozambique.
Between February 23rd and 3rd March, 2010, the release states that the IITA conducted two training programmes for farmers, processors, and women in agricultural development.
Corlins Walter
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.