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Dangote Urea Fertiliser delivers 120 trucks daily, says Group Executive Director

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By Gistflash

June 13, 2021

Dangote Industries Limited says its urea fertiliser currently pushes out a minimum of 120 trucks per day across the country to meet local demands and exports.

Mr Devakumar Edwin, Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited, made this known  in a statement on Sunday.

Edwin said that the fertiliser plant, which has the capacity to turn out more than 4,500 tonnes of urea daily, would conveniently meet  local demands and even produce for exports.

“We have the capacity to turn out 4,500 tonnes of urea everyday.

“This is a bulk application fertiliser that each crop in Nigeria or globally requires because of  the Nitrogen content; this is a rich fertiliser having 46 per cent nitrogen.

“The company has the capacity to meet local demand and also export to African countries.

“Currently the demand is less than one million tonnes and we alone can  produce three million tonnes; so,  we can easily meet local demand and also produce for export to other west African countries,” he said.

Edwin said that asides fertiliser production, the company was already working to support the farmers with training on application of the fertiliser and even establish laboratories across the country for proper soil examination.

“The uniqueness of this plant, apart from the fact that we are producing is the focus on farmers’ support, on training, education, development.

“We are now establishing laboratories across the country and even mobile laboratories where we can go drive around and take soil samples for proper examination.

“This is to effectively grow the agricultural outputs across the country,” he said.

The News Agency of Nigeria (NAN) reports that the Urea Fertiliser Plant was built to tap into Nigeria’s demand for fertiliser, a critical component of achieving food sufficiency for Africa’s most populous country.

The fertiliser plant is expected to manufacture  three million metric tonnes of urea per annum.

This is with a view to reducing the nation’s fertiliser imports, and generating $400 million annual foreign exchange from export to Africa countries.

NAN

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Agriculture

CBN releases N756bn to over 3m farmers to boost food security

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By Gistflash News

July 28, 2021

The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 small holder farmers, cultivating 4.6 million hectares of land, to boost the Federal Government’s food security initiative.

Mr Godwin Emefiele, the CBN Governor, made this known while presenting a communiqué from the bank’s recently held, 280th meeting of its Monetary Policy Committee (MPC).

Emefiele said that N120.24 billion of the sum was extended for the 2021 wet season to 627,051 farmers for 847,484 hectares of land, under the Anchor Borrowers’ Programme (ABP).

“The sum of N121.57 billion was disbursed to 32,617 beneficiaries.

“For the Targeted Credit Facility (TCF), N318.17 billion was released to 679,422 beneficiaries, comprising 572,189 households and 107,233 Small and Medium Scale Enterprises (SMEs),’’ he said.

Emefiele revealed that the apex bank also expended huge sums in its youth investment scheme, to empower Nigerian youths, and to reduce unemployment by providing to the creative sector and Information Technology.

“Under the National Youth Investment Fund (NYIF), the Bank released N3.0 billion to 7,057 beneficiaries, of which 4,411 were individuals and 2,646 SMEs.

“Under the Creative Industry Financing Initiative (CIFI), N3.22 billion was disbursed to 356 5 beneficiaries across movie production, movie distribution, software development, fashion, and IT verticals,’’ he said.

The CBN Governor also revealed that the apex bank had invested close to N1trillion to boost the real sector of the economy, covering 251 real sector projects.

He said that the bank’s intervention also spanned health sector support initiatives and electricity distribution.

“Under the N1.0 trillion Real Sector Facility, the Bank released N923.41 billion to 251 real sector projects, of which 87 were in light manufacturing, 40 in agro-based industry, 32 in services and 11 in mining.

“On the N100 billion, Healthcare Sector Intervention Facility (HSIF), N98.41 billion was disbursed for 103 health care projects, of which, 26 are pharmaceuticals and 77 are in the hospital services.

“Similarly, the sum of N232.54 million was disbursed to five beneficiaries under the CBN Healthcare Sector Research and Development Intervention (Grant) Scheme (HSRDIS) for the development of testing kits and devices for COVID-19 and Lassa Fever.

“On the National Mass Metering Programme (NMMP), N36.04 billion was disbursed to 17 Meter Asset Providers to nine Distribution Companies (DisCos), for the procurement and installation of 657,562 electricity meters,’’ Emefiele said.

NAN

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Agriculture

FAO Director-General, Qu Dongyu,

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By Gistflash News

July 23, 2021

The UN Food and Agriculture Organisation (FAO), has called on the world’s richest countries to invest more on sustainable living, to ensure food security for the world’s growing population.

FAO Director-General, Qu Dongyu, who made the appeal to G20 (Group of 20) environment ministers on Thursday, highlighted the challenge of having to produce more food, while reducing greenhouse gas emissions.

“Today, humanity faces a triple planetary crisis of biodiversity loss, climate crisis and the impact of the pandemic (COVID-19).

“To have healthy food, we need a healthy environment,” Dongyu said.

The FAO chief also spoke of the need to address water scarcity, which according to him, affects more than a billion people, by increasing efficiency and sustainable management.

The News Agency of Nigeria (NAN), reports that almost a billion hectares of rain-fed cropland and pastureland are also severely affected by recurring drought.

Qu however, argued that water-related challenges could be addressed through digital innovation, better oversight and investment.

He also called for stepping up of biodiversity-friendly approaches, including more investments in related actions.

“Current levels of investment are highly insufficient,” the FAO director-general said.

He stressed that reversing deforestation would help mitigate against climate change and prevent disease outbreaks passing from animals to humans, adding that the economic benefits of halting biodiversity loss and land degradation, could amount to 1.4 trillion dollars per year.

The recently launched UN Decade on Ecosystem Restoration, led by FAO and the UN Environment Programme (UNEP), provides an “excellent opportunity to mobilise our collective efforts,” he said.

FAO is calling for urgent action to reverse the alarming rate of biodiversity loss, recommending scaled up mitigation approaches and actions, across the food and agriculture sectors.

Qu emphasised that the UN agency’s work was guided by the need to make agri-food systems more efficient, resilient, inclusive and sustainable – all with the aim of achieving the so-called “four betters”: better production, nutrition, environment and life, leaving no one behind.

The World Food Forum (WFF) – announced on Thursday, the launch of an international competition, in partnership with the non-profit Extreme Tech Challenge (XTC), to support and showcase entrepreneurs harnessing technology, would drive the sustainable transformation of agri-food systems, to end world hunger.

The WFF – created for and led by the Food and Agriculture’s (FAO) Youth Committee – Startup Innovation Awards, would be presented to the successful contestants who had built companies aligned to the “four betters”, the FAO said.

“The Extreme Tech Challenge, AgTech, Food and Water competition category directly addresses FAO’s mission to defeat hunger worldwide and to achieve high-quality food security for all,” said FAO Deputy Director-General, Beth Bechdol.

“We are thrilled to join XTC in this partnership, and to leverage their extraordinary pool of transformative startups to make material impact on both our organisations’ sustained efforts to tackle this global challenge,” Bechdol added.

NAN

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Agriculture

Angry Indian farmers gather near parliament to protest over farm laws

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By Gistflash News

July 22, 2021

Indian farmers, protesting against new agriculture laws they say threaten their livelihoods, started a sit-in on Thursday near parliament in the capital, renewing a push for repeal of the laws.

In the longest-running growers’ protest against Prime Minister Narendra Modi’s government, tens of thousands of farmers have camped out on major highways leading to New Delhi for more than seven months.

On Thursday, police in New Delhi escorted 200 farmers from protest spots on the outskirts to Jantar Mantar, a large Mughal-era observatory in a central area that doubles as a protest site.

“We are here to remind the government again that the anti-farmer laws need to be rolled back to protect Indian agriculture and millions of poor farmers from a complete takeover by large corporations,” Rakesh Tikait, a leader of the Bharatiya Kisan Union, one of the largest grouping of farmers, told Reuters.

Farmers complained that before being allowed to gather at the central site, their identity cards were checked by police, who have tightened security, erecting barricades and check posts to deter violence.

The protest follows a clash with police by thousands of angry farmers late in January after they drove tractors into security barriers. One protester was killed and more than 80 police injured citywide.

“Throughout the monsoon session of parliament, 200 farmers will go to Jantar Mantar every day to hold a farmers’ parliament to remind the government of our long-pending demand,” said Balbir Singh Rajewal, another leader of the farmers.

Parliament ends its monsoon session early in August, and the farmers have been allowed to gather until Aug. 9.

In parliament, key opposition leaders, such as Rahul Gandhi and Harsimrat Kaur Badal, asked the government to tackle the farmers’ concerns and roll back the three controversial laws.

Many senior members of Gandhi’s Congress party, which is the main opposition group, gathered in the compound of parliament, carrying placards that read “Save the country, Save the farmers,” and shouting slogans of support.

The farm laws introduced in September 2020 will help boost growers’ incomes, and the government was willing to talk to the farmers, Agriculture Minister Narendra Singh Tomar told reporters in parliament.

Farmers, however, say the new laws favour large private retailers by freeing them to buy farm goods outside government-regulated wholesale grain markets.

Reuters/NAN

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