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Flooding: Nigerians Bemoan Devastation Of Farmlands

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Nigerians in several parts of the country are lamenting the devastation of farmlands which affected agricultural production last year.

The flooding, which inundated several farmlands across the country, destroyed property worth millions of naira, even as thousands of people, including farmers, were displaced and rendered homeless.

A  survey,  in some states of the country, revealed that the heavy rainfall and resultant flooding also destroyed agricultural produce running into billions of naira.

Coordinator, All Farmers Association of Nigeria (AFAN), in Edo North, Alhaji Abdulahi Mohammed, attributed the current scarcity of vegetables in Auchi and its environs to the flood that inundated the Omeme River bank.

He said that the flood destroyed over 50 hectares of farmlands near the river bank and also affected cocoa yield.

He appealed to the Federal Government to rehabilitate parts of Jattu town and some areas of Auchi ravaged by the flood.

Mohammed said the economic impact of the destruction caused by the flood was immense, adding that it prevented vegetables farmers in the area from planting.

He said the flood carried with it a type of soil that was not suitable to grow any type of crop.

“It was a serious flood. It washed off cocoa and plantain farms. Farmers near the riverbank were all affected and this led to scarcity of vegetables within Auchi and environs”.

“Cocoa trees in the area were covered with a type of mud that prevented them from yielding this season,” he said.

Mohammed explained that the effects of the flooding aborted all agricultural activities along the river belt and he urged the Federal Government to fulfill its promise to send relief materials to farmers who lost their crops as a result of the flood.

He said the flood also caused the collapse of the bridge linking Auchi and Akoko-Edo local government area of Edo.

In Kano and Jigawa states, respondents lamented that torrential rains and the ensuing flood, led to the displacement of thousands of people.

The downpour also forced the management of two dams- Challawa and Tiga,  to open their spillways to release water from their overflowing reservoirs to prevent them from collapsing.

Jigawa State Commissioner for Information, Alhaji Aminu Mohammed, noted that several families were displaced by flood waters which also washed away several houses and farm lands.

A large-scale female farmer in Kwari in Wudil local government area of Kano State, Malama Aishatu Haru, said several farmlands were destroyed by flood.

To make up for the loss of their farm produce, Haru said she and other female farmers in the area would embark on large-scale irrigation farming this farming season.

Another female farmer in the area, Harira Musa, said irrigation farming would help them reduce the immense loss they suffered from the flood in 2010.

A farmer in Kwara State, Alhaji Rauf Ogene, noted that the 2010 farming season would be remembered by the flood disaster, which wreaked havoc on 15 agrarian communities in Edu local government area.

He said that no fewer than 500 hectares of farm plantations were submerged by the flood, while properties worth millions of naira were destroyed.

He named some of the communities affected by the flooding to include Kpatairingi, Tada, Emaji, Kpilegi, Kusogi, Kpatako, Kochegi and Bafinta.

Others, he said, incuded Chiji, Tunga Dady, Tunga Alhaji Haruna, Tunga Shayau, Tunga Mallam Sanni and Ogudu.

The Emir of Shonga, Dr Haliru Yahaya, said the flood waters destroyed property worth hundreds of millions of naira.

“The flood, which however, claimed no life, left the victims with no food to eat, no sleeping materials and there was lack of other basic necessities of life,’’ he said.

Ogene said the release of water from Kainji Dam exacerbated the impact of the flood on people in Kwara and Niger states.

The Emir of Shonga described the flood as “very devastating’’ as it swept away farm plantations and property worth millions of Naira.

A spokesman of farmers in the area, Malam Muhammed Subair, described the flooding as a “great loss” while Mr Ayotunde Oyeniyi, the Permanent Secretary in the Ministry of Agriculture and Natural Resources, described it as “unfortunate’’ and “tragic’’.

Oyeniyi said the government assisted the victims by providing them with emergency relief materials.

“When the incident happened, government realised that the people needed urgent assistance as their crops were submerged in large quantities,” he said.

He said the government had put in place necessary measures to check the recurrence of the incident.

To mitigate the impact of the flooding that devastated the state last year, the Sokoto State Executive Council approved the construction of 1,000 houses for flood victims in three local governments of the state at a cost of over N3.69 billion.

The Commissioner for Information, Malam Dahiru Maishanu, who disclosed this, listed the benefiting local government areas as Goronyo, Silame and Gada.

“This is just the first phase of the project; other communities in the other six local government areas affected by the flooding are being sensitized on the need for them to relocate to safe havens,” he said.

Maishanu said construction of the houses was expected to be completed in one year, adding that payment of 30 per cent advance fee for the contractors had been approved on the provision of a bank guarantee.

Meanwhile, Governor Aliyu Wamakko, has had commended the Federal Government for donating N1 billion to the Sokoto State Government to reduce the impact of the flood which devastated more than half of the state in September 2010.

He made the commendation when he inaugurated the rehabilitated Usmanu Danfodiyo University Bridge, which was washed away by the flood waters.

“I commend the President, Dr Goodluck Jonathan, for personally visiting the state to inspect the damage caused by the flood as well as commiserate with the people and government of the state on the disaster, ’’ he said.

The governor also hailed the president for deploying military engineers who installed a temporary foldable floating bridge, which was still being used at the site of the collapsed bridge.

He said all the roads and bridges destroyed by the flood had been repaired by his government.

In Kebbi State, about 171 tonnes of seedlings valued at about N33.4 million, representing 80 per cent harvest loss, were destroyed by flooding that occurred in the state last year.

The Chairman of the state’s Flood Relief Committee, Alhaji Bello Tugga, said more than 10 communities were displaced by the flood that affected 11 local government areas.

Tugga, who is also the state Commissioner for Finance, said the Federal Government donated N750 million to the victims after the visit of President Goodluck Jonathan to the affected areas.

He said the government had spent about N30 million for the purchase of relief materials in addition to N25 million spent to procure drugs and water treatment chemicals in the affected areas.

He said that out of the millions of naira pledged made by individuals, corporate organisations and some state governments, only N59 million had been redeemed.

Tugga said the flooding occurred as a result of the collapse of Gwatanyo Dam shortly after farmers had planted their crops.

The sole administrator of Argungu Local Government Area, Alhaji Ahmed Salihu, said property and houses valued at N36 million were destroyed by the flood.

His counterpart in Arewa Local Government Area, Alhaji Nurudeen Kangiwa, said property worth N18 million were destroyed by rainfall.

Governor Saidu Dakingari of Kebbi State, who inspected farmlands affected by the flood, said they would be used to expand dry season farming, while people residing on the farmlands would be relocated.

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NEM Insurance celebrates IWD 2026 with pledge to sustain support for women endeavour

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NEM Insurance Plc – the number one motor insurance provider in Nigeria, in a vibrant commemoration of the 2026 International Women’s Day (IWD), has reaffirmed its dedication to fostering an inclusive environment that empowers women to excel in their endeavours.
Speaking at the corporate headquarters in Lagos, the Chairman of NEM Insurance Plc, Tope Smart, stated that the company remains resolute in its mission to support women affairs, noting that their contributions are vital to the sustainability of the insurance industry.
Aligning with the global theme “Give To Gain,” Smart highlighted that the insurance provider views gender diversity not just as a corporate social responsibility, but as a core driver of innovation and high-level performance.
“Our commitment to female professionals at NEM Insurance is unwavering,” Smart declared. “We recognize that by ‘giving’ women the right tools, mentorship, and leadership platforms, the industry ‘gains’ unparalleled dedication and diverse perspectives that move the needle of progress.”
The multiple award winning underwriting company and one of the top three leading general insurance business companies in Nigeria, has remained focused in promoting and supporting women affairs.
Adding her voice to the celebration, the General Manager, Corporate Services, Mrs. Mojisola Teluwo, emphasized that the company’s gender-focused initiatives, such as the “She Means Business” contest, represent a practical approach to inspiring inclusion.
Mrs. Teluwo maintained that supporting women-led initiatives is a strategic investment in the fabric of society, rather than just a philanthropic gesture.
“At NEM Insurance, we believe that when a woman thrives, a family thrives, and the nation prospers,” Mrs. Teluwo stated. “The ‘She Means Business’ initiative is our way of moving beyond mere applause for women toward active, tangible support. We are proud to provide the financial catalyst needed for visionary women to turn their business aspirations into reality.”
To mark the occasion, the leadership outlined several key pillars of support:
Leadership Development: Targeted training programs to prepare more women for executive-level decision-making.
Inclusive Work Culture: Sustaining a workplace environment that balances professional growth with personal well-being.
Economic Catalyst: Providing grants and professional frameworks to help female entrepreneurs upscale their operations.
The event featured a series of internal sessions where female staff engaged in mentorship dialogues, focusing on career advancement within the evolving landscape of the Nigerian insurance sector and paint and Sip, which provided an opportunity for women to showcase their creativity.
Smart concluded by urging other industry stakeholders to prioritize the development of female talent, asserting that a more inclusive sector is a more prosperous one for all Nigerians.
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Nigeria: Profit-Taking Persists as NGX Dips Marginally by 0.2%

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Trading on the Nigerian Exchange (NGX) closed slightly lower on Wednesday as profit-taking in selected equities continued to weigh on the market, dragging key performance indicators into negative territory.
Market data showed that the benchmark All-Share Index (ASI) declined by 0.09 per cent to close at 195,898.53 points, compared with the previous session’s level, as investors booked profits in some large and mid-cap stocks.
Consequently, market capitalisation shed N107.57 billion, settling at N125.75 trillion. Despite the marginal decline, the market still maintained positive returns, with the month-to-date gain standing at 1.6 per cent, while the year-to-date return moderated to 25.89 per cent.
The downturn was largely driven by losses recorded in stocks such as Presco Plc and UAC of Nigeria Plc, both of which declined by 10 per cent, alongside Dangote Cement Plc, which slipped by 0.6 per cent.
Market breadth closed negative, reflecting bearish investor sentiment, as 40 stocks recorded losses compared with 29 gainers, translating to a market breadth ratio of 0.7 times.
Among the top gainers were NGX Group Plc and Premier Paints Plc, which appreciated by 10 per cent and 9.9 per cent respectively. Other notable gainers included Omatek Ventures Plc, Prestige Assurance Plc and HMC Allied Plc.
On the losers’ chart, Presco Plc and UAC of Nigeria Plc led the decline with 10 per cent losses each, followed by Morison Industries Plc, LivingTrust Mortgage Bank Plc and SCOA Nigeria Plc.
Sectoral performance was mixed, with the Industrial Goods index leading the gainers after advancing by 1.42 per cent, while the Banking index recorded a marginal gain of 0.04 per cent.
Conversely, the Commodities sector topped the laggards, declining by 1.30 per cent. The Insurance index fell by 0.44 per cent, the Consumer Goods index dipped by 0.43 per cent, while the Oil and Gas index edged down by 0.06 per cent.
Activity level on the exchange weakened as investors traded a total of 671.27 million shares valued at N26.13 billion in 58,792 deals.
This represents a decline of 8.61 per cent in volume, 5.18 per cent in value and 9.31 per cent in the number of transactions compared with the previous trading session.
Wema Bank Plc emerged as the most actively traded stock by volume and value, accounting for 106.36 million shares worth N2.75 billion.
Analysts said the cautious mood in the market reflects continued portfolio rebalancing by investors following the strong rally recorded earlier in the year.
They noted that trading may remain mixed in the near term as investors react to corporate earnings releases and macroeconomic development.
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Wema Bank Admits 10 Startups into Hackaholics 2026

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Wema Bank has admitted 10 Nigerian startups into the 2026 edition of its Hackaholics Accelerator Programme as part of efforts to strengthen innovation, entrepreneurship, and sustainable business growth in the country.
The 10 cohort selected startups for the 2026 edition such as; Farmslate, Ploy, Stocmed, Feest , Varsityscape, MamaAlert, Sane, Cyclex, Kieva and Loocomo were drawn from the top performing finalists of Hackaholics 6.0.
The Hackaholics Accelerator, a selective growth programme under the bank’s Hackaholics platform, is designed to help promising startups reinforce their business foundations while preparing them for scalable growth and investment readiness.
Wema Bank said the programme represents a strategic expansion of its support for innovators, moving beyond ideation and competition to hands-on startup development after six years of driving innovation through the Hackaholics initiative.
According to Wema bank, the accelerator provides founders with structured mentorship, industry guidance and access to networks required to transform innovative ideas into viable and scalable businesses.
Speaking at the programme, Managing Director and Chief Executive Officer of Wema Bank, Mr. Moruf Oseni, said the accelerator demonstrates the bank’s commitment to supporting founders beyond the early stages of innovation.
He noted that Hackaholics has evolved from a competition into a platform that showcases Nigeria’s entrepreneurial potential and technological creativity. Where he explain that the second edition of the accelerator focuses on helping founders transition from ideation to building sustainable business capable of long trem projects .
“Over the past six years, Hackaholics has grown into more than a competition; it has become a platform that reveals the depth of innovation and entrepreneurial potential that exists across Nigeria,”Oseni said.
Oseni stressed that the startups selected are representing some of the most promising solutions emerging from the Hackaholics ecosystem, and the back remain committed to helping them refine their business models, strengthen their operational foundations, and scale their impact.
Also speaking at the program , Wema Bank’s Chief Transformation Officer,Mr. Babatunde Mumuni, said the accelerator would guide founders through a structured process aimed at strengthening their operations and positioning them for sustainable growth.
As part of the programme, startups founders will participate in intensive training sessions facilitated by industry experts across key areas of business growth. Facilitators include Wema Bank executives such as Chief Transformation Officer, Babatunde Mumuni; Head of Strategy and Investor Relations, Femi Akinfolarin; Head of Data Transformation, Olamide Jolaoso; and Team Lead, Corporate Social Investment, Oluwatoyin Adetunji. While External facilitators include Managing Director of Impact Hub Lagos, Idowu Akinde; Managing Director of B4B Partners, Napa Onwusa; startup advisor and scout, Onaopemipo Dara; Google for Startups mentor, Rosemond Phil-Othihiwa; Head of Growth at Africhange, Tega Ogigirigi; and startup advisor and mentor, Ademola Adewuyi.
The Hackaholics Accelerator is also supported by Wema Bank’s broader innovation ecosystem, including IDEAx Labs, the bank’s innovation and venture platform, and its corporate venture programme focused on enabling startup growth through partnerships, infrastructure and access to capital.
Since its launch in 2019, Hackaholics has grown into one of Nigeria’s leading youth innovation platforms, attracting more than 15,000 applicants and supporting hundreds of digital solutions across multiple sectors.
Through the initiative, Wema Bank said it has disbursed more than $400,000 in funding to young innovators and startup founders nationwide.
Previous participants such as Feegor, Myitura and Bunce have emerged from earlier editions of the programme, highlighting the accelerator’s focus on nurturing growth-ready companies. Meanwhile the 2026 edition builds on this progress by supporting startups as they transition from innovation to sustainable business growth.
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