Natural Resoources

Seven things You Didn’t Know About Palm Oil

Seven things You Didn’t Know About Palm Oil

Agriculture, Inside, Natural Resoources, News
  Palm oil is high in saturated fat. One table spoon of palm oil contains 55 percent of the daily recommendation of saturated fat. Up to 300 football fields of forest are cleared daily make room for palm plantations. In the past 10 years, the orangutan population has decreased by 50 percent, as the result of habitat loss from forest clearing for palm plantation..There are only about 6,300 Sumatran Orangutans left. It is estimated that about 1,000 orangutans are killed a year, a major factor in these deaths being forest clearing for palm production. Compared to many other crops, palm oil generates significantly higher yields for the amount of resources it takes to produce, both in terms of land and fertilizer. There’s more palm oil produced today than any other vegetab
Nigeria’s Fertilizer Consumption Rose By 63% In 2017 — Report

Nigeria’s Fertilizer Consumption Rose By 63% In 2017 — Report

Capital Market, Inside, Natural Resoources, News
The International Fertilizer Development Centre has predicted an exponential increase in fertilizer consumption by Nigerian farmers as a result of the remarkable improvements in the local blending of the input under the Presidential Fertilizer Initiative of the Federal Government. According to a report recently released by the IFDC in collaboration with the Food and Agricultural Organisation and other international agencies, fertilizer uptake by Nigerian farmers increased by 63 per cent in 2017, rising from 959,364 metric tonnes in 2016 to 1,564,816 metric tonnes. In contrast, Ghana recorded 82 per cent increase in fertilizer consumption, although unlike Nigeria that has totally eliminated subsidy from the system, Ghana’s increased consumption was driven by a spike in government subs
Harnessing Kogi’s Resources for Economic Development

Harnessing Kogi’s Resources for Economic Development

Business, Economy, Features, Inside, Natural Resoources
In furtherance of its drive for economic prosperity of all stakeholders and citizens in the state, the pursuit of the New Direction vision and policy trust on job creation which is one of the major policy statement and thematic areas among which agriculture, health, education and labour reforms are inclusive, the Kogi State government is now intensifying efforts in ensuring industrialisation of the commercial activities on the Confluence State. Investment and economic development activities have now been taken beyond lip service and commercial athletics (motion without movement). Plans are presently being rolled out by the organising committee put together by the state government and partnering the  organised private sector on the first ever Kogi State Economic and Investment Summit bil
Kogi Government Launches Online Agricultural Market

Kogi Government Launches Online Agricultural Market

Business, Economy, Food, Natural Resoources, Recommended for you, Youth
Kogi State government has launched its online agricultural market place, kogiadp.org, which will connect farmers to the world. Managing Director, Kogi Agricultural Development Project, ADP, Mr. Oyisi Okatahi, who revealed this yesterday while speaking with newsmen, said the scheme was made possible due to the commitment of Governor Yahaya Bello in making Kogi the foremost agricultural state in the country. He said: “The digital market will enable farmers to fully dispose of farm produce, help in mitigating against loss of profit to middlemen and prevent their goods from getting spoilt since buyers can off-take their produce, even before harvest. “The strategy is for extension agents to help farmers list their produce online and get the best prices for their labour.” He urged yo
Protecting The Palm Oil/Kernel Industry

Protecting The Palm Oil/Kernel Industry

Business, Economy, Industry, Natural Resoources, News
The unbridled importation of palm kernel and allied palm products is threatening the Federal Government’s campaign for the diversification of the economy through increased agricultural production and exports. The imports are harming the local palm industry and depleting our foreign reserve. They are also threatening the viability of the industry into which many Nigerians have sunk huge sums of money in support of the government’s export promotion drive. The time has come for government to protect this industry by checking unnecessary imports. The way to go is to support the local palm industry as it has the capacity to meet the country’s requirement for palm products, especially palm kernel for the local soap industry. The earlier our palm producers are encouraged and we start producing
Nigeria Spends N19.5trn Importing Raw Materials in 7yrs

Nigeria Spends N19.5trn Importing Raw Materials in 7yrs

Economy, Finance, Natural Resoources
Director of Government Relations and Public Policy, sub-Saharan Africa Operations, Procter and Gamble (P&G), Mrs. Temitope Illuyemi disclosed this in Lagos quoting statistics from the Raw Materials Research and Development Council (RMRDC). She disclosed this while speaking at a forum for suppliers in the manufacturing sector organized by the company in partnership with the Federal Ministry of Industry, Trade and Investment and Manufacturers Association of Nigeria (MAN). She said: “A huge percentage of industrial raw materials for manufacturing of products are still being imported into the country. Statistics from the Raw Materials Research and Development Council (RMRDC) shows that in 2016, the country spent N5.89 trillion on the importation of raw materials; thus, bringing the
World Bank REDD+ Programme Engages Over 1,500 youths in Nasarawa

World Bank REDD+ Programme Engages Over 1,500 youths in Nasarawa

Environment, Natural Resoources
Nasarawa State Government has engaged more than 1,500 youths to guard against illegal felling of trees and other activities that can deplete the state’s forest resources. Mr Gabriel Aka’aka, the Commissioner for Environment and Natural Resources made the announcement at a news conference in Lafia on Wednesday. Aka’aka said the move was part of the state government’s effort toward implementing World Bank-assisted programme on Reducing Emission Deforestation and Forest Degradation (REDD+) in the state. He explained that REDD+ programme was aimed at reducing greenhouse emission and mitigating the effects of climate change. According to him, the project will check depletion of forest resources through afforestation and sustain existing forest reserves. He said it would go a lon