Business
FG Promises To Boost Honey Production
The Federal Government has promised to encourage and support apiculture with special emphasis to honey production in the country.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh said this at the official flag-off of ApiExpo Africa 2018 in Abuja last Thursday.
Ogbeh said that the Federal Government would collaborate with the Afe Babalola University to support bee farmers and keepers in the purchase of special types of woods for the production of bee hives.
“It is a bit embarrassing that Nigeria is listed very low among the nations participating in this industry. Embarrassing to a place not too difficult to explain, once we found oil and gas, we lost our memory for agriculture.
“Bees help us pollinate our crops, people rent bees across the continents now; bees are dying in large numbers in many countries like Western Europe and the United States.
“Scientists are trying to find out what is wrong, is it transmission by telephones, is it chemicals in the farms, or is it climate change issues.
“Will the same thing happen in Africa? If it does, how do we pollinate 75 per cent of our crops, how do we increase yield?
“I think that we need to show more services to the animals so they can give services to us.
“Don’t lose hope, together, we are coming back. We will support the bee farmers,’’ Ogbe said.
Mr Flilippo Amato, the Head of the Trade and Economic Section of European Union (EU), said no fewer than 10 countries in Africa were eligible to export honey to the EU.
He listed the countries to include Benin, Burkina Faso, Cameroon, Ethiopia, Ghana, Madagascar, Rwanda, Tanzania, Uganda and Zambia.
Amato urged Nigeria to join the list to boost the country’s economy.
“Being listed is not an easy process, it requires the effort, willingness and cooperation of several stakeholders both from the private and public sectors,’’ he explained.
Mr Ernest Aubee, the Head of Agriculture Division, ECOWAS Commission, said the commission would partner with the federal government to ensure that the api-expo, to be held in Nigeria in September, was a success.
Aubee commended the agricultural transformation of the federal government, adding that the commission will ensure the replication in ECOWAS member countries.
Mr Bosco Okeilo, the Chief Executive Officer, Apitrade Africa, said the objective of the exposition was to foster economic drive, social mobilisation and political (policies) influence to move apiculture industry forward.
He said that bee-keeping would ensure pollination for food security in the country.
The Chairman, Nigeria Apiculture Platform, Mr Ademola Adesina, said that many bee-keepers and representatives from Europe, Asia and America would be attending the Api-Expo in September 2018.
The Tide’s source reports that the Api-Expo launch attracted bee stakeholders from different states of the country.
“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.