Number One Agric/Food Produces Newsletter

Dr. Doyin Salami, Chairman of the Presidential Economic Advisory Council (ECA), and an ex-member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) saying during National Economic Outlook for 2021 organised by the Chartered Institute of Bankers of Nigeria (CIBN). That

“Despite border closure, our national import of food amounted to N1.85 trillion between January and Sept 2020 – a 62 per cent increase when compared to same period 2019."

What are you expecting in the real market, this;

Rice Market Update

Why jump in price again, I thought festivity is over? If you think that so do I🤔

Last time we talked about bean market overview, and discussed Drum. The Drum market is still as volatile as bitcoin (bad analogy for some)

Rice Market

WHAT IS RICE MARKET LIKE

For a while now we been talking about Nigeria rice not been advantaged, what is the rice market response to this, surely even in your area you will note the demand will fall so what should be expected;........

Do you want to know what to sell as retailers or you want to know when to buy.

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Basics things to know about different types of Beans in Nigeria

Arguably, beans is the most consumed agricultural food product in Nigeria mostly especially by student in various institution. Beans has a kidney like shape, while some are spherical in shape. Beans is very nutritious and a major source of protein. It other nutrient such as Vitamin A, protein, iron, vitamin B6, vitamin E . Beans can just be boiled or cooked in making of several recipe such as Akara, Moi Moi, and soup, locally, known as “gbegeri” In a tremendous quantity, most of brown beans compared to black-eyed beans in the country are abundantly cultivated by the farmers in northern parts of Nigeria such as Borno, Gombe, Kano, Sokoto, Yobe and Zamfara State. Types of Beans grown in Nigeria People prefer eating brown beans simply because it is more nutritious and it contains high concentration of protein. But ignorance has led many people into buying poor quality and mixed beans in an open market. In an open market, different kind of beans are begin mixed together, a...

WHY LOCAL RICE (UNPOLISHED RICE) SHOULD BE MORE EXPENSIVE THAN FOREIGN RICE (POLISHED RICE)

Imported Rice Advent of imported foods into our country is quite a good thing, but of what use is it to our health when all we get is diseases and malign health conditions more prevalent to Europe and America. We have been discouraged by the whites from valuing what we have, even the brown rice, but this same rice is highly priced in America and Europe much more than their polished rice. As far as rice is concerned in Nigeria, Africa and some other countries of the world, locally grown rice popularly called “ Local Rice ” , “ Ofada Rice ” or “ Abakaliki Rice ” in Nigeria, and other names in other countries will always be considered the best as it has a lot to offer when it comes to health benefits and contains lots of un-adulterated nutrients which is good for the body and overall health. Nigerian Rice Our local rice known internationally as brown rice is loaded with powerful antioxidants which provide relief from a range of ailments such as hy...

Cause and Effect (African Agro Supply Chain)

Govt banning of foreigners from direct farm purchase AGRIC PRODUCE OVERVIEW The supply chain has been disrupted for a while now, from covid restriction, fuel, and a lot more. But today we like to highlight another two major recent ones which particularly affect the Agro supply chain and how they affect you and me. First is the wheat shortage, which is the escalating condition from the war between Russia and Ukraine, which produces 25% of the world wheat combined, before you think what about the other 75%, this is a global supply chain and those ones already have their market, and Nigeria is among the top customers of this two-nation above. Note like we always mention here things have cause and effect, especially in the Agro space, this will not just push bread up but also corn as an alternative will be affected. Second is the ban on foreigners and any of their affiliates from direct farm purchases. This may look positive in theory but with this market comes a lot of incentive for farme...

Agric eCommerce in Nigeria

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