Business
World Food Day: Adeleke Lists Milestones In Agricultural Sector
To commemorate the World Food Day, Osun Stae Governor, Senator Ademola Adeleke has listed major milestones and expansion agenda for the state’s agricultural sector.
In a widely celebrated event attended by farmers across the crop sectors, Gov Adeleke reaffirmed the commitment of his administration to sustaining food security in the state, directing more active delivery by the Food Security Implementation Committee he set up earlier in the year.
Gov Adeleke enumerated his achievement to ensure food security in these words, “As part of efforts to strengthen productivity of the sector, you all will recall our Government procured thirty-one (31) brand new Tractors. That delivery was the first phase with further delivery expected soon. We have since commenced the deployment process to local governments.
“This however includes installation of tracking devices on the tractors to secure the assets, the finalization of a private sector based management of the assets and ongoing partnership with farmers’ association on the leasing of the tractors for farm use.
“Our immediate, short, medium and long term plans are to ensure sustainable usage of the tractors. We are targeting building a strong base for farm mechanisation including the building of a technical centre for maintenance of the tractors.
“To this end, our government has opened talks with the Machine Tools Limited at Osogbo to domesticate tractor production and maintenance. The synergy between the state and the Machine tool will also include expanding the technical skills and capacity of agropreneurs across Osun state.
“To that end, we have launched an agropreneur project which I promised earlier. Each local government is expected to provide at least 1000 hectares of land for a special incubation farming project for young agropreneurs. We have a productive partnership with the German Development Agency, GIZ to train and empower agropreneurs.
“To start with, the first phase of the training is focused on the cashew sector while the second training is focusing on rice production. The first phase of the training has been successfully completed. I commend GIZ, our partner, for its generous support for the agropreneur project.
“I however urge each local government to quickly make available the requested land for the farming project. The Commissioner for Agriculture and his counterpart for Local Government affairs should join hands to ensure availability of such lands as quickly as possible.
“We are building an agro based, export oriented state economy that will secure food security, expand food access to our people and provide jobs for our teeming youths.
“I want to assure you, our farmers, of our commitment to mechanisation and innovations. I attended a livestock conference in France in the last few days and we have learnt new practices about innovations in livestock farming.
“We strike partnership deals with French partners and even the office of the French Government on International Development. The Commissioner for Agriculture is following up on the understandings reached at the Livestock conference.
“Additionally, we have distributed herbicides, a variety of vegetable seedlings and fertilizers free of charge to support our farmers. These initiatives are part of our goal to establish Osun State as the agro-industrial capital of the Southwest region”, the Governor told the gathering of farmers.”
Gov Adeleke expressed his deep appreciation to the farmers of Osun State for their unwavering support of our administration, promising to continue collaboration with the farming community to achieve the shared goal of making Osun State an Agro-Industrial hub of the region.
The Commissioner for Agriculture, Hon Tola Faseru in his welcome address said the State Government has implemented several initiatives in the sector, citing the distribution of 6,000 packs of various vegetable seedlings, 8,000 Liters of herbicides and fertilizers to the farmers and the distribution of 8,000 cassava cuttings and 80,000 cashew seedlings.
Hon Faseru added that the ministry trained youths, women and people with disabilities in pig production and gave them piglets, working tools, feeds and stipends to kick start their business.
“Similarly, twenty-five (25) poultry farmers in the State through the Osun Broilers Outgrower Production Scheme were empowered to the tune of N8.6 million naira each in a bid to boost.poultry production. These are some of the accomplishments of the Ministry this year”, he stressed.
President, Association of Farmers in Nigeria (AFAN), Osun State Chapter, Alh Safiriyu Aremu commended the state government for the support extended to the farmers, promising further support of the Association for Gov Adeleke and his administration.
The event witnessed presentation of farm crop gifts and fish exhibition of various farm produce.
More than 100 Chinese original equipment manufacturers are being wooed for investment, technology and manufacturing capacity to aid growth in Nigeria’s oil and gas industry.
The Nigerian Content Development and Monitoring Board (NCDMB) made the disclosure through its Director, Project Certification and Authorisation Division and Senior Technical Adviser to the Executive Secretary, Austin Uzoka.
This was detailed in a statement issued by the Board which stated that Uzoka was representing the Executive Secretary, Felix Ogbe, at the 15th China Shale Oil and Gas Summit in Chengdu, China, where he made the disclosure.
READ ALSO: NIPCO Moots $3bn Gas Project with Local Construction
According to Ogbe, the board was seeking to move the relationship between Nigerian oil and gas operators and Chinese manufacturers beyond the conventional buyer-seller model to investment, manufacturing, technology transfer and integration into global supply chains.
He said the Nigerian Oil and Gas Content Development Act (NOGCDA) guaranteed patronage for oil and gas equipment manufacturing facilities established in Nigeria, adding that such investments could also provide access to opportunities across the Gulf of Guinea.
“We are looking beyond the traditional buyer-seller relationship. What can we build together? We want Chinese companies to see Nigeria not simply as a market for their products, but as a strategic investment destination, a platform for manufacturing and technology development, and a gateway to opportunities across the wider African market,” he said.
He highlighted the Nigerian Oil and Gas Park Scheme (NOGPS) as a platform for Chinese original equipment manufacturers to establish manufacturing, assembly and service operations in Nigeria.
He said the scheme would provide opportunities for technology transfer, technical arrangements and the integration of Nigerian businesses into the supply chains of Chinese companies.
The ES also identified China’s capabilities in manufacturing, engineering, technology and energy infrastructure as areas that could support Nigeria’s industrial development.
“China has developed tremendous capabilities in manufacturing, engineering, technology and energy infrastructure. We want to explore how those capabilities can be connected with the opportunities that exist in Nigeria, for mutual benefits,” he added.
Nigeria’s local content policy had evolved from increasing Nigerian participation in oil and gas projects to a broader industrial development agenda focused on manufacturing, technology ownership and global competitiveness, he pointed out.
“Nigeria’s local content journey has evolved significantly since the local content law was enacted in 2010. What began primarily as an effort to increase Nigerian participation in the oil and gas industry has developed into a broader industrial development agenda focused on building capabilities, deepening manufacturing, promoting technology ownership and positioning Nigerian businesses to compete within regional and global markets,” he observed.
The engagement formed part of Nigeria’s participation in the 15th China Shale Oil and Gas Summit, held from September 20 to 23 at the Chengdu Century City International Conference Centre.
The summit, themed ‘Empowering Efficient and Green Development via Intelligent Technologies, Innovating to Lead the Shale Oil and Gas Revolution’, provided a platform for Nigerian oil and gas stakeholders to showcase investment opportunities in manufacturing, technology and oil and gas services.
According to the NCDMB, several Chinese OEMs expressed interest in exploring business relationships with Nigerian companies and participating in the country’s growing oil and gas manufacturing ecosystem.
In her closing remarks, the General Manager, Midstream, PCAD, Ms Lekoma Phimia, urged stakeholders to build on the connections established at the session to develop commercially viable and sustainable business relationships.
The NCDMB also used the exhibition to provide prospective investors and industry players with information on Nigeria’s oil and gas sector, local content opportunities and avenues for establishing operations in the country.
The board said the Chengdu engagement was part of efforts to expand Nigeria’s international industrial connections and advance the objectives of the Nigerian Oil and Gas Industry Content Development Act (NOGICDA).
It added that its focus was to move the local content agenda from participation to capability, manufacturing, and ultimately technology ownership and regional competitiveness.
NIPCO Group has announced plans to develop a Floating Liquefied Natural Gas (FLNG) project in Nigeria, with the proposed development estimated to require more than $3bn in investment.
This statement was made at a press conference on Thursday by the Managing Director of NIPCO Group, Nagendra Verma, who said the proposed project would have an envisaged LNG production capacity of approximately three million tonnes per annum, subject to the outcome of feasibility studies, regulatory approvals and a final investment decision.
READ ALSO: Dangote to Support Two Million Women with Refinery IPO Share Ownership
Verma said the project, which would mark NIPCO’s entry into the Liquefied Natural Gas (LNG) sector, was being considered for locations in the Escravos area of Delta State and the Akwa Ibom region.
“This proposed development is envisaged to comprise an FLNG facility along with associated marine and export infrastructure with the potential to serve both the international LNG market and growing domestic LNG demand in Nigeria. The proposed project is presently envisaged to produce LNG unified LNG of approximately 3 million L per annum, 3 million metric tons per annum. The proposed development is expected to represent a significant investment currently estimated in excess of $3bn.
“The final location shall be determined subsequent to the ongoing feasibility study. We are looking at strategic locations that will facilitate access to upstream gas resources, LNG processing, marine transportation and both international and domestic markets,” he said.
According to him, NIPCO had been evaluating the proposed FLNG project for the past six to nine months and was currently undertaking preliminary technical, commercial and feasibility assessments.
“We are considering various development concepts, technology solutions, financing structures and commercial options with a view to establishing a technically robust and commercially sustainable project,” Verma said.
He said the proposed development would comprise an FLNG facility alongside associated marine and export infrastructure, with the potential to serve international LNG markets as well as Nigeria’s growing domestic gas demand.
“The project is presently envisaged to have an LNG production capacity of approximately three million tonnes per annum.
“However, this remains subject to the outcome of the ongoing feasibility and technical studies, project economics, regulatory approvals and final investment decisions,” he said.
Verma said NIPCO was also evaluating the shipping and logistics infrastructure required to support both export and domestic LNG supply.
The Managing Director said the ongoing assessment covers upstream gas supply and reserves, FLNG technology and configuration, LNG production capacity, marine and export infrastructure, domestic LNG supply opportunities, shipping and logistics requirements, project economics and financing structure.
FCT Generates More IGR Than Six North Central States Combined in Three Years
The Federal Capital Territory (FCT) generated more Internally Generated Revenue (IGR) than the six states in the North Central geopolitical zone combined between 2023 and 2025, according to figures from the National Bureau of Statistics (NBS).
The FCT recorded a total IGR of ₦849.80 billion during the three-year period, while Kwara, Niger, Kogi, Plateau, Nasarawa and Benue collectively generated ₦704.42 billion.
ALSO READ: Inflation Falls to 15.43% as Food Prices Surge to 20.31% — NBS
The FCT recorded steady growth in its internally generated revenue throughout the period, rising from ₦211.10 billion in 2023 to ₦282.36 billion in 2024, before reaching ₦356.34 billion in 2025.
For the six North Central states, combined IGR stood at ₦176.55 billion in 2023, increased to ₦214.96 billion in 2024 and rose further to ₦312.91 billion in 2025.
Kwara State recorded the highest cumulative IGR among the six states, generating ₦226.20 billion over the three years.
It was followed by Niger with ₦122.71 billion, Kogi with ₦102.73 billion, Plateau with ₦102.08 billion, Nasarawa with ₦81.58 billion, and Benue with ₦69.12 billion.
The FCT’s three-year IGR was therefore about ₦145.38 billion higher than the combined revenue of the six North Central states.
The figures also show that the combined IGR of the six states increased substantially in 2025, when their total reached ₦312.91 billion, compared with ₦214.96 billion in 2024.
See full list below:
North Central States — Three-Year IGR (2023–2025)
Kwara — ₦226.20 billion
Niger — ₦122.71 billion
Kogi — ₦102.73 billion
Plateau — ₦102.08 billion
Nasarawa — ₦81.58 billion
Benue — ₦69.12 billion
North Central Total — ₦704.42 billion
By Year:
2023 — ₦176.55 billion
2024 — ₦214.96 billion
2025 — ₦312.91 billion
FCT:
2023 — ₦211.10 billion
2024 — ₦282.36 billion
2025 — ₦356.34 billion
Three-year total — ₦849.80 billion
2027: Peter Obi Disowns OK Movement Campaign Council, Says ‘It Is Wrong’
‘Where Is the President?’ — Peter Obi Questions Tinubu’s Prolonged Absence
‘Borrowed Funds Not Spent Cannot Be Counted as Debt Left Behind’ – Peter Obi
NCDMB Woos Chinese Manufacturers
NIPCO Moots $3bn Gas Project with Local Construction
FCT Generates More IGR Than Six North Central States Combined in Three Years
Trump’s Family Unveils New Cryptocurrency Platform
Senate Denies Receiving Petitions Against Tinubu’s Ambassadorial Nominees
Dangote Cement Lights Up Benue Host Communities With CSR Initiatives
Reps Recommend 3-year Jail Term For Aviation minister
Tems Sets New Record On Billboard Hot 100 Chart
625107 12968Quickly and easily build your web traffic and PR, which provides Internet website visitors to add your page to any social bookmarking website. 706232