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‘ Poor Budgetary Allocation, Bane Of Mining Sector Growth’

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The Minister of State, for Mines and Steel Development, Alhaji Abubakar Bwari says poor budgetary allocation hindered the growth of the sector during the past administrations.
Bwari made this known in an interview with newsmen yesterday in Abuja.
He said the capital appropriated into law for the sector in 2015 was N704 million, while the amount released to the ministry was N300 million.
The minister of state said that the 2015 budgetary allocation was grossly inadequate to address the activities in the ministry and its agencies.
“When Dr Kayode Fayemi and I assumed duty in Nov. 2015, we discovered that the budget of the ministry was almost a billion naira and only N300 million was accessed by the ministry,’’ he said.
He said that the royalty generated by the ministry in 2015 was less than N700 million, compared to two billion naira we generated alone in 2016.
The minister said that tremendous improvement had been made in the sector through its budgetary allocations in the past two years.
Recall that in 2015, the capital appropriated for the ministry was N704 million and the amount released was N302 million.
In 2016, N2.6 billion was appropriated and what was released to the sector was N917 million.
In 2017, N6,485 billion was appropriated for the ministry but N3.242 billion was released to the sector.
He said that the ministry’s budget for 2017 was able to solve some of its needs.
Enumerating the progress made so far by the present administration in the past he said that the ministry had been able to provide logistics to its officers across the country.
“We can now give our officers money to monitor activities at all mine sites across the country from our budget, unlike in the past when the ministry’s budget was grossly inadequate.
“The ministry also purchased vehicles for its officers across the country as well as surveillance
taskforce to monitor illegal miners and mineral’s smugglers.
“The ministry was able to do many publications of its activities and adverts on revocation of
licences, we can now fund activities of various departments of the ministry and our agencies.’’
According to him, the ministry has been able to revive and finance Mineral Resources andEnvironmental Management Committee (MIREMCO) set up few years ago in every state to ensure peace between miners and mining host communities.
However, he said from the 2017 budget, the ministry recently shared N84 million to 11 universities to conduct research in various areas with regards to mapping and evaluation of particular mineral deposits in Nigeria.

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USTR Criticises Nigeria’s Import Ban On Agriculture, Others

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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.

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Expert Seeks Cooperative-Driven Investments In Agriculture 

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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.

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NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers

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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

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