Business
Phonomar Foods Wins SON Product Award
About 14 year ofter it commenced full operation in Enugu State, Phonomar foods limited at the weekend made history as one of her products soypop received the Nigeria mark of qualify. The recongnition of soypop by the Standard Organization of Nigeria (SON) is a proof that it is a highly nutritious cerealproduct formulated, using beans and cereal grains with essential vitamins and flovour combinations.
Presenting the certificate to the chairman of the company, His Royal Highness, IOU Ayalogn, Director General of SON Dr John Akianya said the company was approved for the award of excellence after its product was tested in accordance with relevant Nigeria Industrial Standard (NIS) specification and compared with other such products in the mould of cornflakes.
He reiterated the need for manufacturers in Nigeria to insist on quality product, stressing that the agency was poised to protect lives by ensuring that substandard products were eliminated in the country.
He added that the federal government effort on vision 2020:20 and rebranding initiative would remain a mirage if stakeholders in the manufacturing sector do not stand up to their statutory responsibilities by supporting the agency in its crusade. “I equally use this forum to call on manufacturers in the country to brace up to the mandatory (NIS), conformity Assessment Scheme of SON” “He stressed that, it was now compulsory that all products manufactured and sold in the country must be NIS compliant .
Outlining the benefits of the (NIS) scheme, Akanya whose address was read at the occassion by state head Enugu, Adamu Bayo Olufadi said that it was a confirmation that the product was safe and good to the body, while urging Nigerians to shun products without the mandatory mark.
He stated that SOYPOPS could meet with requirements for the award based on the desire of its owners to excel, stressing that if they had cut corners or engaged in shoddy deals it would not have been possible.
Earlier General Manager of the company Mr Uche Ayologu, said that the company would continue to manufacture qualify products that would meet the desire of the people of the country. He said that, a number of benefits have begun to accrue with the implementation of the standard organisation directives, stressing that SON had provided it with useful tools in quality assurance.
Waste management and cost reduction of their standards serve as a guide for meeting minimum specification in production of goods and services, and these provide basis for trade transactions. The organisation provides advice to Phonomar foods on quality management and cost, quality systems to facilitate efficient implementation of standard,” he said.
He assured consumers that the product would maintain the confidence and translate opportunities that have come her way, stressing that the company was poised to take over the Nigerian market in the nearest future. Ayologu hinted that a packet size of 175-gram of the product would be launched in the next few months as part of effort to ensure the product reached Nigerians of all categories.
Nsidibe Udo Mkpa
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
King Onunwor
-
Business4 days ago
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
-
News4 days ago
FG Laments Low Patronage Of Made-In-Nigeria Products
-
News4 days ago
Transformational Leadership Key To Military Success-COAS
-
Women4 days ago
The Christian Teaching Mother (II)
-
Politics4 days ago
Keyamo Hails Tinubu Over Oborevwori’s Defection To APC
-
News4 days ago
FG Targets N13.8 bn Data Protection Revenue In 2025
-
News4 days ago
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno
-
Rivers4 days ago
Army Deactivates 16 Illegal Refineries …Arrests 23 Suspects In N’Delta