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Private Developers Begin Remodeling Of Kuje Market

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Private developers, in partnership with Kuje Area Council, have begun the reconstruction and modernisation of the Kuje Main Market in the FCT.
The market, demolished about a week ago, is undergoing a major transformation by private developers called Green House Ventures Limited.
The firm demolished the structures in the market on Feb. 18 to pave way for effective work under a Build, Operate and Transfer contract scheme.
At the laying of the foundation last week, the council Chairman Mr. Shaban Tete, said his administration would ensure a rapid development in the area.
Tete said the council and Green House Ventures Limited had, in January, signed agreement on the process of modernising the market.
He said it was in line with President Goodluck Jonathan’s transformation agenda to develop and improve the standard of living of every Nigerian.
“Before now the state of Kuje market was terrible but after several deliberations between market/shop owners and the area council, it was agreed that there was need for a modern market with infrastructural facilities.”
The chairman expressed sadness that some traders were displaced during the clearing of the site, but measures had been taken to relocate them pending completion of first phase of the project.
“All the efforts the council is making is not to witch-hunt anybody but rather to make life and business more conducive for all of us.
“When the market is completed, it will make the structures more organised and will provide easy accessibility in terms of any emergency.
“There will be police station to settle disputes and a bank for easy access to savings and many incentives.”
The chairman said the developer promised to complete the first phase in six months, which in turn would give way for the remaining phases.
Mr. Edozie Ugwu, Chairman, National Association of Nigerian Traders, FCT, said the project was a welcome development as it would go a long way to better the lives of the traders.
He called on the council to give the traders whose shops were displaced an adequate consideration and priority on completion of the market.
The Managing Director of the construction firm, Mr Osa Ogunkorede, said work was divided into two phases.
He said the first phase would involve the construction of about 120 lock-up shops, as majority of the traders were in that sector of the market.
“We will go to the small shops which will accommodate the small petty traders, and phase two will witness the completion of the project.
“We are working with Aso Savings and Loan Bank for the traders to get access to loan,” Ogunkorede said.

Traffic gridlock due to queue for petrol at a filling stations on Herbert Macaulay Way in Abuja last Friday.

Traffic gridlock due to queue for petrol at a filling stations on Herbert Macaulay Way in Abuja last Friday.

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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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