Business
CRG Partner JR Farms To Plant 30m Coffee Seedlings
The Coffee production industry in Nigeria is set for a transformation as the Cross River State Government (CRG), in partnership with a leading agribusiness firm, JR Farms, launched an ambitious project to cultivate 30 million coffee seedlings across the state.
A statement to the media noted that the initiative, flagged off in Calabar recently, signals a renewed national drive to position Nigeria as a competitive player in the global coffee market, with its focus on job creation, rural development, and climate resilience, as the project is expected to become one of the largest coffee cultivation projects in West Africa.
Speaking at the event, the State Governor, Bassey Otu, described the initiative as a strategic move to reintroduce and reposition Cross River State as the coffee capital of Nigeria and an emerging player in the international coffee market.
“With 30 million robust and climate-appropriate seedlings being distributed across our 18 Local Government Areas, this project offers much more than cultivation. It is about creating jobs, generating wealth, building sustainable livelihoods, promoting agro-industrial development, and restoring our ecological balance.
“We are particularly proud of the strategic partnership with JR Farms, whose global footprint in the agrifood space and expertise in coffee value chains bring tremendous value to this initiative.
“Through their involvement, we are assured of technical support, market access, and international best practices in every aspect of implementation”, Otu said.
In his remarks, JR Farms’ Chief Executive Officer (CEO) and founder, Olawale Rotimi-Opeyemi, stressed the significance of the project, noting that after nearly a decade of working in the coffee value chain across East Africa, engaging over 4,000 farmers, his company was excited to bring that experience home to support Nigeria’s coffee industry transformation.
Olawale, who commended the Cross River State Government’s commitment to agricultural development, said the 30 million coffee seedling cultivation project would engender prosperity for the people, ensure rural development, create jobs for Youths and women, and place the state on the global map of coffee production.
The JR Farms CEO disclosed that with years of operations in Nigeria, Rwanda, France, and Zambia, his company would deploy its extensive wealth of experience in coffee production and global marketing to ensure the long-term success of the project and help Cross River become a major player in the international coffee market.
He explained that farmers across the state would be trained through a “Train-the-Trainer” model covering agronomic practices, ethical production, and the economics of coffee farming.
According to him, 11,000 coffee farmers across the state have been on board under the project.
Olawale added that JR Farms would work with the State Ministry of Agriculture and Irrigation Development to establish coffee washing stations in different parts of the state for post-harvest processing and also open communication channels for real-time technical support for farmers.
He noted that beyond cultivation, his company is focused on value addition and market access, saying that an implementable framework to link farmers directly to global markets would be developed.
“We’re committed to off-taking coffee produced across the state to meet rising international demand.
“We will also, through global platforms and media publications, actively push stories of Cross River Coffee to the world to wet the appetite of coffee lovers globally”, he stated.
Olawale appreciated the French Embassy in Nigeria, which was represented at the event by its Senior Trade Specialist, Valor Iduh, for its continued support toward his company and coffee production in Nigeria.
He revealed that the Embassy was working with his firm to secure a coffee roasting machine for Nigeria as part of the broader plan to strengthen local value addition.
Also speaking, the Cross River State Commissioner for Agriculture and Irrigation Development, Johnson Ebokpo, noted that the project followed a rigorous enumeration of farmers and land across the state, which witnessed massive participation of men, youth and women.
He disclosed that 30 million high-quality Robusta and Arabica seedlings would be distributed and cultivated based on ecological suitability across the 18 Local Government Areas of the State.
Ebokpo further reaffirmed that, “state government’s commitment to repositioning agriculture was deliberate, unwavering, and strategic, emphasising that the project goes beyond coffee production to wealth creation for farmers, attracting sustainable investment, empowering communities, promoting fair trade, ethical practices, building a green economy, and advancing value chain development.”
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Business
Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs
The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
Business
NPA Targets N1.489tn Revenue In 2026
The Management of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
The Managing Director NPA, Dr Abubakar Dantsoho, stated this during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
Business
NPF Disburses ?21.68m To Fallen Heros’ Families …Reinforce Welfare Commitment
Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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