FEC Approves N9.7 billion for Purchase of Grains

Must Read

2020 Brand Africa 100: These are the 10 most admired brands in Africa

NIKE RETAINS #1 IN AFRICA FOR THIRD YEAR IN A ROW AFRICAN BRANDS DROP BY OVER 60% IN...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
FEC Approves N9.7 billion for Purchase of GrainsFEC Approves N9.7 billion for Purchase of Grains

The Nigerian Cabinet has approved the sum of N9.7 billion for the purchase of grains for storage in silos across the country.

Minister of Agriculture and Natural Resources, Audu Ogbe disclosed this while briefing State House Correspondents on the outcome of this week’s Cabinet meeting presided over by President Muhammadu Buhari.

He said:” We had a memo approved in Council for purchase of grains to reinforce the grains reserve. Everywhere in the world silos are owned by the government, into which they purchase grains at the end of harvest and the average is usually between two and three per cent of all grains grown. In this case, we have got approval to buy 61, 000 tons of maize, millet and sorghum and the purchasing will begin shortly the cost is N9.47 billion.”

The Minister also announced that the International Institute of Tropical Agriculture IITA has found a product for the treatment of Afla-Toxin, which affects stored grains as well as the Kidney and Liver of individuals.

- Advertisement -

“We also informed Council of a problem we have with Nigerian grains especially maize, sesame seed and groundnut. An infestation called AFLATOXIN, which the Minister of Health confirmed is a very big threat to the liver and kidney of most consumers. Luckily IITA has found a product called AFLASAFE, which they produce in large quantity, which they now sell to Africa for treating the farms, silos and the sacs in which we put the grains, to eliminate AFLATOXIN.

“We are now going to buy the grains, treat them and the silos at the same time, so that if there is an emergency or shortage or even flood and there is no food, we can draw from what we have in the silos and distribute to needy areas of the country,” he explained.

- Advertisement -
FEC Approves N9.7 billion for Purchase of GrainsFEC Approves N9.7 billion for Purchase of Grains

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

FEC Approves N9.7 billion for Purchase of GrainsFEC Approves N9.7 billion for Purchase of Grains

Latest News

Deloitte Ranked No. 1 Consulting Service Provider Worldwide By Revenue According To Gartner

Deloitte has been ranked No. 1 by revenue according to Gartner, the world’s leading information technology and advisory company,...

Hyundai Motor and Sony Pictures Entertainment Announce Unique and Pioneering Multi-Picture Promotional Partnership

Hyundai Motor Company and Sony Pictures Entertainment today announced they have entered into a unique and unprecedented multi-picture promotional partnership that will feature the automaker’s new models and technologies in upcoming...

Working From Home: 8 Tips For Getting It Done

Most of us are well into the working from home routine and have adjusted to different spaces, pets and children on work calls, and...

Great Hit Songs from the Partnership of Rock & Hip-Hop Music

There is nothing impossible, Getting a hit song from Rock and Hip-hop can be quite challenging looking at the set-up of their respective genres....

Southco Releases New Display Mount Series Designed for Static Applications

HONG KONG, CHINA - Media OutReach - 28 May 2020 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -FEC Approves N9.7 billion for Purchase of GrainsFEC Approves N9.7 billion for Purchase of Grains