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Kogi Seeks World Bank Support to Boost Rice Production

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bags of rice
  • Kogi Seeks World Bank Support to Boost Rice Production

Kogi State Government has declared intentions to solicit support of the World Banks as part of efforts to scale up rice production. This was revealed by the State Commissioner for Agriculture, Mr. Oloruntoba Kehinde at the weekend.

According to him, the state government was thrilled with the success recorded by the World Bank in cassava production and its value chain under the Fadama 111 addition financing in Kogi.

The Commissioner, who described Kogi as ‘a confluence of opportunities’, blessed with rivers, fertile expanse of land and able-bodied men, expressed confidence that the World Bank’s intervention would make the state one of the largest producers of rice in North Central Nigeria.

He stated that areas like Ibaji, Ejiba/Omi Dam, Bassa, Koton-Karfe, Lokoja, Omala, among others, had abundance of usable farm lands for rice and aquatic culture.

Kehinde also informed that the state government had asked for the lease of federal government’s 4,500 hectares land around Omi Dam in Yagba West and Ibaji Local Government Areas for rice production.

Stallion Farms Bags Outstanding Rice Value Chain Award

Stallion integrated rice value chain approach has been bequeathed with the Feed Nigeria Summit ‘Agro Processor of the Year Award’ at the just ended Nigeria Agriculture Awards.

The award, which is its second, after the IBCA-‘Outstanding Projects and Business Leaders of the Year Award’ bestowed on the company in March was in recognition of Stallion Popular Farms & Mills Limited concerted efforts at integrating rice value chain in Nigeria agrarian economy as well as its dogged resolves to humanise farmed rice and self-sustainability in food production.

“We owe this accomplishment to President Muhammadu Buhari’s leadership aptitudes and his agrarian-business agenda”, Stallion Popular farms & Mills Group Director, Hapreet Singh remarked.

He said the farm is leveraging on the policy impetus of the federal government’s agricultural transformation agenda to bring sustainable and scalable growth to farmers.

The farm’s effort to increase cultivated rice yield began in 2007 and has since been at the forefront of paddy agronomists in the country, working tirelessly to enhance rice production through scientific agricultural practices.

Singh, while receiving the award, on behalf of the farm at the occasion in Lagos, said the company hopes to increase locally farmed rice to 1.5million tonnes yearly from 450, 000 metric tonnes.

He said the farm has already deployed enhanced milling activities and set up more milling facilities through structured farming techniques.

“Our vision has always been to preserve and enhance rice production in Nigeria by ensuring genetic integrity of seeds, encouraging scientific agricultural practices and promoting world-class processing techniques to emerge as industry benchmark for product quality,” Singh said.

Also noting that part of the company’s sustainable efforts was to integrate rice growing values among the locals, the group director said it has established procurement and collection centers; introduced co-operative associations as well as logistics and post-harvest epicenters and marketing midpoint, while it acts as a catalyst for achievable growth.

A farm division of Stallion West African conglomerate, Popular Farms & Mills Limited recently established collection centers across rice producing states in Adamawa, Taraba, Benue, Niger, Kaduna, Kano, Jigawa, Sokoto, Zamfara and Kebbi to not only help farmers embrace modern farming techniques but help distribute farm inputs through farmers cooperatives and associations to inspire rice revolution in Nigeria.

Popular Farm is today renowned for producing premium varieties of rice from farmed paddy, which are branded and distributed nationwide as Royal Stallion Shinkafa, Tomato Aroso and Super Champion.

The agrarian establishment however promised to safeguard timely provision of certified seeds and fertilizers, and offer advisory irrigation, crop management and buy back mechanism to help farmers get good and profitable yields from their harvest.

While also thanking Feed Nigeria Summit for creating a platform to acknowledge real positive change makers in the agrarian sector, Singh said the creation of integrated agricultural operations such as world-class rice mills at strategic locations would promote milling and paddy cultivation in the captive areas and consequently make Nigeria self-sufficient in rice production.

Anambra State Commissioner for Agriculture, Afam Mbanefo, who presented the award to the Farm representative, applauded Popular Farms and Mills expressive commitment towards federal government’s exhaustive agenda in rice production.

“You have not only supported the country’s agrarian objective for self-sufficiency in rice production but have also worked assiduously with local and state governments in ensuring food security. Your efforts are indeed remarkable,” he said.

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

Appointments

Ardova Appoints Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel

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Olumide Adeosun Ardova - Investors King

Ardova Plc, an indigenous energy group, headquartered in Lagos, Nigeria, with extended operations in Ghana, has confirmed the appointment of Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel with effect from 1 April 2021.

This was disclosed in a letter signed by Olumide Adeosun, Chief Executive Officer, Ardova Plc.

Mr. Nelson-Cole is a lawyer with over 14 years of experience spanning Company Secretarial, Corporate Compliance and General Legal Practice. He is a graduate of the Lagos State University.

Prior to joining Ardova Plc, Mr. Nelson-Cole was a Senior Associate in the law firm of RouQ and Co.

As the Company Secretary/General Counsel, Mr. Nelson-Cole will continue to guide the Board of the Company in ensuring strict compliance with regulatory and statutory requirements.

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Appointments

Heirs Oil & Gas Announces CEO and Board Appointments

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Tony Elumelu

Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience.

Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy. Most recently, affiliate company, Transcorp made a US$300 million acquisition of Afam Power, increasing the Group’s installed electricity generating capacity to 2,000MW.

Mr. Igiehon, who joins from the Royal Dutch Shell (Shell), where he was previously a Vice-President with the Group in the Hague, Netherlands. He brings over twenty-seven years of experience and expertise in the oil and gas sector with Shell, where he held a series of senior management positions. Mr. Igiehon previously served as Chairman and Chief Executive Officer of Shell Gabon, where he led the successful turnaround of the operational, safety and financial performance.

HHOG is also pleased to announce the appointment of the following distinguished private sector and senior industry leaders to the Board:

  • Tony O. Elumelu, CON is the Chairman of Heirs Holdings, the United Bank for Africa (UBA), Transnational Corporation of Nigeria (Transcorp), and Founder of the Tony Elumelu Foundation.
  • Sally Udoma who previously served as general counsel for Chevron Europe, Eurasia, and the Middle East Exploration and Production. Previously, she was general counsel for Sasol Chevron Consulting Limited and managing counsel at the London Legal Service Centre for Chevron Global Upstream and Gas. She has also served as general counsel and general manager for Chevron Nigeria Limited.
  • Anil Dua is a founding partner at Gateway Partners Limited, a private equity fund specialising in dynamic growth markets including Africa, the Middle East and Asia. Prior to this, Mr. Dua worked for over thirty-five years with Standard Chartered Bank in Asia, Africa, Europe and the US, where he held various roles including Regional CEO West Africa and Regional Head of Origination and Client Coverage, Africa.
  • Ahmadu Kida Musa who previously served as Deputy Managing Director of Total Exploration and Production Nigeria Limited, has over thirty-two years of experience in the Oil and Gas industry and brings considerable expertise in Nigerian oil and gas.
  • Stanley Lawson currently serves on the board of Transnational Corporation of Nigeria Plc. He is Managing Partner at Financial Advisory & Investment Consultants Ltd. Dr Lawson previously occupied the position of Group Executive Director-Finance & Accounts at Nigerian National Petroleum Corp.
  • Samuel Nwanze is the Chief Finance Officer at Heirs Oil and Gas. Prior to this he was the Chief Investment Officer at Heirs Holdings responsible for investment and capital management.

Commenting, Mr. Igiehon stated: “HHOG represents an extraordinary opportunity, to create Africa’s first true integrated energy company, with a mission to ensure that Africa’s natural resources are directed toward value creation in Africa, powered by sustainable, robust and abundant African energy. I am excited to join the Heirs Oil and Gas leadership team and look forward to the opportunity to transform the energy sector, purposefully address Africa’s energy needs and improve the lives of people across Africa.”

The Chairman of the Board, Tony O. Elumelu, CON, stated: “I am delighted to welcome our new board members. We are building a role model institution for African businesses and our investment in human capital is a further strong demonstration of our intent. The regional and global expertise of our board members will serve to further drive value creation to our continent, as we execute our goal of becoming Africa’s largest, indigenous, integrated, energy company.”

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Brands

CHI Limited Celebrates Its Maiden Hollandia Dairy Day

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Nigeria’s leading dairy brand, Hollandia, is set to hold the maiden edition of its Hollandia Dairy Day. The event which will be celebrated on the 18th of May 2021 will provide a veritable platform to drive the national discourse on the unrivaled health and nutrition benefits of dairy consumption to people of all ages.

Set to be hosted as a conference, the theme of this year’s event is “Dairy Nourishment to Support Healthy Living”, and it focuses on the vital role dairy consumption plays in our everyday nourishment, its benefit to our overall health, and why dairy products should be included in our diets every day.

This conference, which is designed as a hybrid of the physical and virtual events, will feature presentations, interviews and panel discussions from health experts and nutritionists as they provide insights and share perspectives to guide informed decisions about dairy consumption as part of a daily balanced diet. The event is opened to the public through the brand’s multiple social media platforms.

According to a report by the Food and Agriculture Organisation of the United Nations, 2019, Nigeria has low dairy consumption levels per head – 15 to 20 liters per capita consumption. This is partly attributable to the low purchasing power of the average Nigerian household, who rank milk and dairy products as non-essential luxuries and prioritize other staple foods such as rice, beans, and yam.

By provoking the conversations and stimulating public action/intervention, Hollandia aims to drive consciousness for dairy consumption and its importance to achieving optimum health, and to get many more Nigerians drinking, using, and consuming dairy products.

The past year has presented unprecedented shocks and disruptions, including a global COVID-19 pandemic. As communities throughout the world look for ways to minimize the risk of COVID-19, maintaining and boosting good health is top of mind for many. Dairy foods such as milk and yogurt contain essential nutrients, including Vitamins A and D, Zinc and Protein, which support immune function.

The Hollandia Dairy Day Conference is a public interest initiative created to highlight the importance of dairy in everyday nutrition and healthy living in Nigeria.

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