Business
FG Empowers 4,200 Farmers In Delta
The Federal Government
has empowered 4,200 farmers in Delta with fertilisers, says the state Commissioner for MDGs, Mrs Victoria Ikechukwu.
Ikechukwu made this known at a ceremony to mark the distribution of Goodluck Ebele Jonathan (GEJ) branded fertiliser to rural farmers and women in the state.
She said that the event was made possible by the magnanimity of the President, through the office of the Senior Special Assistant to the President on MDGs and Federal Ministry of Agriculture and Rural Development.
Ikechukwu said that the importance of the programme could not be over-emphasised, considering the activities of middlemen in the industry over the years.
According to her, middlemen had made the product exorbitant for farmers in the South-South geopolitical zone.
The commissioner also said that the overall aim of the exercise was to encourage and boost agriculture in Delta.
She said that the fertiliser distribution would strengthen the attainment of the MDGs on eradicating poverty, hunger and promotion of gender equality and empowerment.
Ikechukwu said that a total number of 250 Conditional Cash Transfer (CCT) programme beneficiaries would benefit from the fertiliser distribution.
Mr Felix Kehis, a director in the Federal Ministry of Agriculture and Rural Development, said that the distribution of the fertilisers was aimed at promoting food production.
He said that the Agricultural and Transformation Agency (ATA) had assisted farmers with farm inputs through their mobile phones under the Growth Enhancement Support Scheme (e-wallet).
He said that one of the strategies was to empower women and youths to increase food production, wealth generation and job creation.
He said that the Federal Government had been training women and youths since 2012, stressing that the aim was to empower women and youths with fertilisers to enhance bumper harvest.
Mrs Ngozi Isaac, a beneficiary, said that farmers would do better, if fertilisers were made available to them.
“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.