The Federal Government has commenced nationwide consultations with community, traditional, religious and opinion leaders (led by the Vice President, Prof Yemi Osinbajo (SAN)) towards ending the incessant farmers-herdsmen conflict in Nigeria. NANTS notes that violent conflicts between nomadic herders from northern Nigeria and sedentary farming communities in the central and southern zones have escalated in […]
The attention of the National Association of Nigerian Traders (NANTS) has been drawn to the recent ‘quit notice’ served by the Ghanaian Authorities (represented by the Ministry of Trade and Industry) to the Nigerian traders doing their businesses in Ghana. According to the circular (dated 19th March 2018), announcing the quit notice, the Ministry referred […]
Nigeria did not sign on to the framework arising from the negotiations of the African Continental Free Trade Agreement (AfCFTA), which held in Kigali – Rwanda precisely on the 21st March 2018. There have been several blames, lamentations and castigations (some constructive though) that have resonated the entire media space till this date even casting […]
The National Association of Nigerian Traders (NANTS) has inaugurated its Zonal Executive Officers and commissioned its new zonal office complex in Ibadan, South West Nigeria. The event which took place on Saturday 5th May, 2018 was performed by its National President, Chief (Barr) Ken Ukaoha. The climax of the event was the awards ceremony to […]
The National Association of Nigerian Traders (NANTS) has examined the recent Nigeria-China currency swap deal which has been in the pipeline since 2016 and was finally consummated on April 27, 2018. WE recall specifically that that on April 13, 2016, the Central Bank of Nigeria (CBN) and the Industrial and Commercial Bank of China Ltd […]
Preceding the Extra-ordinary Summit in Kigali which held in March 2018, the African Union (AU) had organized a Business Forum on the African Continental Free Trade Agreement (AfCFTA). During the forum, the business community pledged its support for the AfCFTA while some African leaders pledged their political will to engage the private sector in the […]
1.0. Overview of CAADP and Africa’s Public Spending inAgriculture Africa has been identified as the current second fastest growing region in the world with GDP growth rate of 5.2% (3.9% pre-CAADP) and per capita GDP growth of 2.3% (1.3% pre-CAADP)1.This implies that overall GDP almost doubled and per capita GDP rose by around 35%. This […]
Background/Introduction. Small Scale Farmers (SSFs) in Nigeria make up the greater number of the country’s workforce population and produce over 80% of the food consumed in the country. The Nigerian agricultural sector is second largest contributor (about 24%) to the nation’s Gross Domestic Product (GDP). Nonetheless, these farmers appear to be the poorest constituency in […]