Business
Expert Cautions Farmers On Manure Sourcing
An Agricultural engi
neer, Mr. Umor Mensah says refuse dumps are good sources of organic manure.
Mensah who spoke to The Tide recently in a telephone interview said farmers should take advantage of refuse dumps as they were rich in animal and other wastes that improve soil fertility.
He said the practice would be most beneficial especially in areas that experience late arrival of the rains.
Explaining further, he said the practice would check the late acquisition of fertilisers by farmers even as the application of fertilizer should be timely.
Mensah explained that the more waste a farmer puts on his farms, the less fertiliser he would need after planting.
According to him, movement of waste could be capital intensive especially for those moving such products from the urban centres to their farms in the villages.
He advised such farmers to seek the help of their local government authorities, especially those who don’t have vehicles for such operations.
He further advised farmers to approach livestock farmers for waste evacuation as most of them would be happy for such gestures even as he said others might charge little amounts of money.
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Business
Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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