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Nigeria: Nabg to Invest N360 Billion in Development of Agribusiness

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font-size:11px; color:#333333;">Egypt's Exports Of Fruits And Vegetables Could Significantly Increase In 2023<br> <a href="detail_news.php?newsid=411&pageid=2&t=Egypt's Exports Of Fruits And Vegetables Could Significantly Increase In 2023" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Morocco's Fish Exports in 2022 Reached a Record $2.7 Billion<br> <a href="detail_news.php?newsid=410&pageid=2&t=Morocco's Fish Exports in 2022 Reached a Record $2.7 Billion" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Fruit And Vegetable Export Crates Made by Silafrica Win Packaging Innovation Of The Year.<br> <a href="detail_news.php?newsid=409&pageid=2&t=Fruit And Vegetable Export Crates Made by Silafrica Win Packaging Innovation Of The Year." target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Mexico Targets More Food Commodities To Africa<br> <a href="detail_news.php?newsid=408&pageid=2&t=Mexico Targets More Food Commodities To Africa" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Milk Production Rises 15,24% In Just 11 Months<br> <a href="detail_news.php?newsid=407&pageid=2&t=Milk Production Rises 15,24% In Just 11 Months" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">To improve its Mkhondo paper plant in South Africa, Mpact invests US$69M.<br> <a href="detail_news.php?newsid=406&pageid=2&t=To improve its Mkhondo paper plant in South Africa, Mpact invests US$69M." target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Ethiopia: Country Procures In excess of 41 Million Bucks from Meat Commodity Exchange Five Months<br> <a href="detail_news.php?newsid=405&pageid=2&t=Ethiopia: Country Procures In excess of 41 Million Bucks from Meat Commodity Exchange Five Months" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Kenya to reap from increased Chinese fruit trade<br> <a href="detail_news.php?newsid=404&pageid=2&t=Kenya to reap from increased Chinese fruit trade" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">ALPLA establishes a new production facility in South Africa as a plastic packaging and recycling specialist<br> <a href="detail_news.php?newsid=403&pageid=2&t=ALPLA establishes a new production facility in South Africa as a plastic packaging and recycling specialist" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Launch of the Packaging Hub for Small Businesses<br> <a href="detail_news.php?newsid=402&pageid=2&t=Launch of the Packaging Hub for Small Businesses" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Bulk container usage is on the rise throughout Africa.<br> <a href="detail_news.php?newsid=401&pageid=2&t=Bulk container usage is on the rise throughout Africa." target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Agricultural film a modern-day application in many innovative agricultural practices in Africa<br> <a href="detail_news.php?newsid=400&pageid=2&t=Agricultural film a modern-day application in many innovative agricultural practices in Africa" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Agriculture stakeholders in Africa promise to take more steps to increase food production.<br> <a href="detail_news.php?newsid=399&pageid=2&t=Agriculture stakeholders in Africa promise to take more steps to increase food production." target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">The Department of Forestry, Fisheries and the Environment gave Polyco approval for its extended producer responsibility (EPR)<br> <a href="detail_news.php?newsid=398&pageid=2&t=The Department of Forestry, Fisheries and the Environment gave Polyco approval for its extended producer responsibility (EPR)" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; 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margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Kenya Bureau of Standards (KEBS) sets packaging standards for agricultural products.<br> <a href="detail_news.php?newsid=386&pageid=2&t=Kenya Bureau of Standards (KEBS) sets packaging standards for agricultural products." target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Plastic still holding the upper hand on packaging in Africa<br> <a href="detail_news.php?newsid=385&pageid=2&t=Plastic still holding the upper hand on packaging in Africa" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Indian distiller NV Group, ARDA partner in US$250 million brewery project in Zimbabwe<br> <a href="detail_news.php?newsid=384&pageid=2&t=Indian distiller NV Group, ARDA partner in US$250 million brewery project in Zimbabwe" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; 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margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">Canon Partnered With The Kenya Film Commission To Promote The Kenyan Film Industry Locally And Internationally<br> <a href="detail_news.php?newsid=291&pageid=2&t=Canon Partnered With The Kenya Film Commission To Promote The Kenyan Film Industry Locally And Internationally" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; color:#333333;">DTM Print Launched The Brand New DTM CX86e Color Tag Printer<br> <a href="detail_news.php?newsid=290&pageid=2&t=DTM Print Launched The Brand New DTM CX86e Color Tag Printer" target="_blank" ><b>Read more...</b></a></div> <div style="border-bottom:#666666 1px dotted; margin-top:0px; width:192px;"></div> </li> <li class="news-item"> <div style="padding-left:0px; font-size:11px; 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margin-top:0px; width:200px;"></div> </div> <!-- midddle part--> <div class="col_1_of_3 span_1_of_3"> <div class="clear"></div> <div class="col-md-4" style="margin-top:0px; width:550px; background-color:#ffffff;"> <div class="panel panel-default"> <div class="panel-heading" style="width:520px; background-color:#b2d40e; color:#333333;"> <span class="glyphicon glyphicon-list-alt"></span><b>News</b></div> </div> </div> <div class="clear"></div> <div style="background-color:#ffffff; width:530px; padding:10px;"> <div style="border-bottom:1px solid #CCCCCC; margin:15px 0px 0px 0px; padding-bottom:10px; width:530px; " > <h2 ><b style=" color:#b2d40e; font-size:18px;">Nigeria: Nabg to Invest N360 Billion in Development of Agribusiness</b></h2> <p style="text-align:right;font-size:11px;"><span style="font-size:12px; color:#666666"><b>Posted on : </b></span> Friday , 21st August 2015 <br> </p> <div style="float:left"> <img src="news_images/n63.jpg" alt="" class="bordered" align="left" style="margin-right:15px; margin-bottom:5px; "/> <div style=" font-size:15px ; color:#666666; "> <p>The Nigerian Agribusiness Group (NABG) said the group would invest N360billion in the development of agribusiness across the 22 States of Nigeria.</p> <p>Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Sonny Echono, stated this at the First Annual General Meeting of NABG held in Lagos.</p> <p>Echono said the investment of such funds would undoubtedly help to create jobs for our teeming youth population and women and help to lift millions of farmers out of poverty.</p> <p>The NADG is a private sector agribusiness group led by Sani Dangote.</p> <p>He noted that the engine of growth of any economy is the private sector, adding that unfortunately for decades, agriculture was treated as a development programme, with dominance of government, in many cases crowding out the private sector.</p> <p>He said: &quot;We have ended the dominance of government and I am optimistic that the private sector will lead Nigeria in restoring its past glory in agriculture.</p> <p>&quot;I am confident that the NABG will continue to play an important role in the new administration of H.E. President Muhammadu Buhari, GCFR.</p> <p>&quot;I am confident that the group will continue to attract viable local and foreign direct investments into agriculture and agribusiness together with our Development Partners and other MDAs.</p> <p>&quot;In 2013, we commissioned a study survey of 75 leading agribusinesses in Nigeria, which showed that serious challenges were faced by agribusiness investors in Nigeria.</p> <p>The results, including the following, by percentage of respondents were as follows: Infrastructure (72%), Financing (56%), Supply security (55%), Government regulations, tax and policies (53%)</p> <p>Other constraints, according to Echono, included human capital (45%), security (39%), land (24%) and government coordination (19%).</p> <p>He assured that the Federal Government was working tirelessly to eliminate these constraints at the Federal Ministry of Agriculture and Rural Development.</p> <p>He said through the development of the Staple Crop Processing Zones (SCPZs) and Agribusiness Investment Regions (ABIR), the government was addressing the issue of infrastructure and security of supplies constraints.</p> <p>&quot;We are leveraging Commercial Agriculture Credit Scheme (CACS) and Nigerian Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) and Funds for Agricultural Financing in Nigeria (FAFIN) for financing;</p> <p>&quot;We are leveraging the Growth Enhancement Support Scheme (GES) and Agribusiness Investment Regions (ABIR) to ensure security of supply of raw materials.</p> <p>&quot;The Nigerian Agribusiness Group can help in these areas, by articulating the position of private sector agribusinesses on matters relating to policies, legal and regulatory environments&quot; he said.</p> </div> </div> <div style="float:right;">Source : allafrica.com</div> <div class="clear"></div> </div> </div> <div class="clear"></div> </div> <!--end--> <!-- right column--> <div class="col_1_of_3 span_1_of_second"> <!-- <h4 align="center"><a href="http://pppexpo.expogr.com/" target="_blank"><img src="images/pppexpo.jpg"></a></h4> --> <h4 align="center"><a href="http://foodexpo.expogr.com/" target="_blank"><img src="images/foodexpo.jpg"></a></h4> <div class="col-md-4" style="margin-top:32px;"> <div class="panel panel-default"> <div class="panel-heading"> <span class="glyphicon glyphicon-list-alt"></span><b>Socialize</b></div> </div> </div> <h4> <div style="margin-top:40px;"><a href="https://www.facebook.com/Foodpack-Africa-131319330919795/" target="_blank" style="padding-left:15px;"><img src="images/fb1.png" ></a><a href="#" target="_blank" style="padding-left:15px;"><img src="images/twit.png"></a><a href="#" target="_blank" style="padding-left:15px;"><img src="images/in.png"></a> <a href="#" target="_blank" style="padding-left:15px;"><img src="images/google_.png"></a></div> </h4> <h4><a href="#" target="_blank" style="padding-left:15px;"><img src="images/s.png" ></a><a href="#" target="_blank" style="padding-left:15px;"><img src="images/t.png" ></a><a href="#" target="_blank" style="padding-left:15px;"><img src="images/yt.png" ></a><a href="#" target="_blank" style="padding-left:15px;"><img src="images/print.png"></a></h4> <div class="clear"></div> <div style="border-bottom:#666666 1px dotted; 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