Nigeria plans to auction 126.33 billion naira ($800.19 million) in treasury bills ranging from 3-month to 1-year maturities at its regular monthly debt auction on May 23, the central bank said on Wednesday.

Nigeria’s quest to attain self-suf­ficiency in food production re­ceived a major boost in Lagos, Tuesday, with the unveiling of the state-of-the-art rice processing mill with the capacity to produce 20,000 metric tons of rice per annum. Operating optimally, the rice mill is estimated to produce between 350,000 and 400,000 bags

Aliko Dangote, Nigeria's business mogul, on Tuesday in Abidjan said he was targeting the  production of 33 million tonnes of cement by 2015, with a large share going to West African countries.

A U. S.-based company, Masilo, is to establish a 150-million-dollar cassava processing mill in Kwara, Governor AbdulFatah Ahmed said on Tuesday.

Ahmed disclosed this when he received the Managing Director of Diamond Bank, Dr Alex Oti, who paid him a courtesy visit at the Government House in Ilorin.

LAPO, a non governmental organisation has fulfilled its promise to contribute to the nation’s agricultural development by flagging off a comprehensive training programme for 275 rural farmers in Edo state.

The Nigerian-British Chamber of Commerce (NBCC) and the Oyo State government have thrown weight behind the agricultural transformation agenda of the current president, even as they stressed the need for definite timelines for the policy implementation.

Ahead of AGRITECH 2012 which started Tuesday in Israel, participants that attended through Hadur Travels and Tours went on professional farm visits to Kibbutzm which can be likened to communal farms to get firsthand knowledge on advanced farming techniques.

We are into processing and packaging of foodstuffs for export and local use. We started in 2008, and it has been a very good venture. We have exported foodstuffs to USA, South Africa, UK, Canada, and we are in serious discussions with some Japanese food experts. Foodstuffs processing, packaging and marketing is a very good business if one gets it right. If one just delves into it, there may be lots of challenges too difficult to handle.