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Nigeria’ll Become Leader in Yam Production —IITA



yam production
  • Nigeria’ll Become Leader in Yam Production —IITA

The International Institute of Tropical Agriculture, Ibadan said Nigeria will soon become one of the leading yam producing countries with the current breakthrough recorded by the research institute, expected to help farmers achieve mass production.

A yam seed system specialist at the IITA, Abuja, Dr. Beatrice Aighewi, said in Ibadan that the project was aimed at ensuring food security in the country, adding that it was targeted at helping farmers earn significant share of the global foreign currency accruing from yam exportation.

The new yam seedling technology involves the production of improved and healthy tubers from yam vines (stem). IITA is also partnering several harvest seed companies for mass production of the new seedling, targeting 600 million pieces for farmers.

According to Aighewi, “The aeroponic system is used to produce clean yam. It’s like growing yam in the air. What we plant is yam vine popularly called stem to produce tubers for farmers to plant. We want seed companies to use this technology to produce seedling for farmers in large quantity. The advantage is that instead of losing a lot of tubers during planting, farmers can approach seed companies and get a bag of seedling to plant on a vast land.

“We already have some seed companies that we are training to reproduce this new seed technology. We have installed the system in Ibadan and Abuja and we are going round the nation, targeting more yam belt. We cannot reach all farmers but we can do so through the companies we are working with. We will also demonstrate to farmers so that they can spot the difference between their traditional yam planting system and the new system.

“In the end, millions of Nigerian yam farmers will benefit. Harvesting period will depend on climatic condition but after five months, farmers can start harvesting. This will translate to food security and improved earning on exportation. In Nigeria, we have a huge advantage when it comes to exporting and becoming a major yam producing country.”

The Managing Director of Context Global Development, Mark Nelson, said the company was delighted with the breakthrough, adding that it was committed to building business modules for seed companies.

The company, he added, was working with the IITA to achieve successful multiplication of the new technology.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm




Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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