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Nigeria’s 240,000 metric tons per annum cocoa output, which is trailing behind Cote d’Ivoire’s towering 1.3 million metric tons per annum output, is currently threatened, as Ondo state, the country’s leading cocoa producing state, stands to lose between 40 and 50 percent of its midcrop to insect menace.
Sen. Sahabi Ya’u, the Chairman, Senate Committee on Land Transport, said on Sunday that the Western Rail Line would be fully operational before the end of the year.
The Borno Government said on Saturday that it had released N100 million for the purchase of surplus onions produced by farmers in the state.
A hideout used by members of the Boko Haram sect was on Saturday destroyed by a combined team of the military and other security agencies in Rikkos area of Jos.
The Chartered Institute of Bankers of Nigeria (CIBN) on Friday said that the failure of Small and Medium Industry Equity Investment Scheme (SMIEIS) had been a source of concern to the institute. Laoye Jaiyeola, the out-going President of CIBN, said this in his Valedictory Presidential Address Session of the institute in Lagos.
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