As concern over rice scarcity in the country grows, one of the major producers, Olam Nigeria Limited said it has empowered about 9,000 farmers in the North, particularly Bauchi and Kwara States with over N407 million in the last two years.

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The public hearing for Kwara state Agriculture commodity Board Bill, 2007 is to come up on Friday at the state House of Assembly.

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Nigeria is sharing in the global panic on rising food prices. But there is no food crisis in Nigeria. Yes, prices of some food items are rising as normarlly experienced in Nigeria between harvest and the beginning of new planting season. There is no food shortage in Nigeria, now or in the foreseable future.Beside the global trend, the rise in price of food is attributable to poor harvest last year owing to inadequate rainfall and pest infestation in the far northern part of the country.

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Indications have emerged that the Federal government will no longer foist terminal date of gas flaring on multinational oil companies in the country.

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The four-day NNPC-brokered truce talks between Mobil Producing Nigeria Unlimited (MPN) and PENGASSAN has yielded results as both parties reached agreement on the contentious issues.

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Kano State Commissioner for Agriculture has said that there is apparent over production of tomato this year by Kano farmers owing to lack of processing plants in the state.

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National Assembly would need to review existing laws and regulations that govern the operational activities in the Nigerian Stock Exchange (NSE).

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The Minister of State for Mines and Steel Development, Alhaji Ahmed Mohammed Gusau has expressed the determination of the Federal Government to be a major producer of aluminum and steel products in the world by year 2020.

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The Federal Government (FG) has said that it will protect 60% of the total seaborne traffic volume and value in the West African sub-region which makes up over 60% of the total Gross Domestic Product (GDP) of the 16 ECOWAS countries by combating the menace of piracy and armed robbery at sea.

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As the current global food crisis threatens to compound the poverty and hunger situation, Nigerians have urged governments at all levels to take immediate action to check the situation.

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Nigeria’s leading telecommunications company, MTN and Multichoice Nigeria recently took telecommunications partnerships to new heights with the launch of Mobile Television on the MTN network.

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Kano State Government has fashioned out an Information and Communication Technology policy and is collaborating with foreign experts to actualize its plans on ICT.

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Plans have reached advance stage in establishing eleven micro finance banks in Gombe State.

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The postal policy and new postal legislation, which seeks to grant Nigerian Postal Agency greater autonomy and deregulate the Nigerian postal space, will soon be in place, the Bureau for Pubic Enterprises (BPE) has said.

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Oil prices have eased from record highs as Scottish refinery workers ended a two-day strike that had halted much of the North Sea’s oil production.

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About 5,000 new jobs will be created by the Rural Acquisition Initiative (RAI) launched yesterday by the Celtel Nigeria.

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The Federal Government yesterday called for speedy settlement in the ongoing strike embarked upon by workers of Mobil Oil over demands for improved welfare packages.

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Australia’s government promised Tuesday to spend about $2.9 billion to buy river water from farmers in a bid to address the country’s worst drought in a century.

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Former United Nations Secretary General Mr. Kofi Annan will on Friday, May 2, 2008 along side African leading agricultural and economic experts, address the problems of food crisis facing the world, especially Africa.

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As concern builds over the rising cost of rice worldwide, the Rice Farmers’ Association of Nigeria (RIFAN) has said that it is a "good omen" for local producers of the staple food and for the country in general.

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