Connect with us

News

Governor Adeleke Unveils Osun Cocoa Revival Agenda

Published

on

Osun State Governor, Ademola Adeleke, has unveiled a comprehensive Cocoa revival agenda of his administration as a major contributor to boosting agricultural production in the state.

Speaking as a guest speaker at the International Cocoa Conference in Lagos, Governor Adeleke who was represented by the Osun State Commissioner for Agriculture and Food Security described the importance of cocoa to the diversification of Nigerian economy and recalled how Chief Obademi Awolowo developed the old western region with earnings from cocoa production.

“As oil is the backbone of the Nigerian economy today, so was cocoa to old Western Nigeria. The late sage, Premier of old Western Region, Chief Obafemi Awolowo deployed earnings from cocoa to develop the region, building the 25 story Cocoa House, investing in durable infrastructures, pioneering television broadcast in Africa and investing in education and health services.

“When you travel across the South West, you will see many old story buildings of various designs. Those are the houses of many prosperous traders who thrived across the zones in those days. Booming cocoa economy was the foundation of the robust economy of the old western region.” Governor Adeleke noted.

Unveiling the comprehensive agenda of his administration to revitalize cocoa production in the state, Governor Adeleke emphasized that cocoa producing states have a direct challenge and obligation to introduce new innovations that will help to revive the sector and increase productivity level of cocoa farmers.

“As a starting point, it is my considered view that Nigeria especially cocoa producing states have a direct challenge and obligation to introduce innovations towards reviving the cocoa sector; to set targets to increase tonnes of cocoa they presently produce; to support cocoa farmers and ensure that young farmers enter the sub-sector and to collaborate with research institutions such as the Cocoa Research Institute of Nigeria(CRIN) for new cocoa breed etc.”

The Governor proceeded to list the following agenda his administration is implementing to revive cocoa production and enhance the revenue base of the state.

“As a Governor, my agenda includes but not limited to the following, namely:

●  To revive the sector holistically;

●  Assemble stakeholders to design an updated revival plan;

● Get the cocoa industry in my town running again;

● Put life back into the cocoa farming sub-sector through demonstration of political will;

●  Get more investors into the value chain through ease of doing business;

●  Set up a domestic export terminal in Osun state to ease export process and access to international market;

● Partner with the railway corporation for easy of transport;

● Upgrade local infrastructures for farming community;

● Set up a modified commodity boards to strengthen stakeholders’ finance;

● Develop partnership with financial institutions to support the cocoa farming community;

● Develop relationship with the National Agency for Science and Engineering Infrastructure (NASENI) for agric tech and innovations; and

● An invitation to the Cocoa Research Institute for partnership and collaboration engagement.

In his effort to push the state to the top state in the community of cocoa producing states, Governor Adeleke disclosed that his administration is focused on doubling down on the implementation of the cocoa agenda by focussing on the following:

● A directive to the state Ministry of Agriculture to  establish high yielding cocoa nurseries across the local governments in the state. This is to be implemented in partnership with the local government leadership;

●  An action plan for the  rehabilitation of  old cocoa plantations in term of facilities and re-plantation;

●  The  opening up new cocoa estates with young farmers;

●. The introduction of  a deliberate programme to protect cocoa farms from destructive activities of miners and mining activities;

● A plan to resuscitate the State owned cocoa processing industry at Ede for value chain addition;

● The adoption of  the cocoa revival plan as part of our climate agenda. Reforestation through cocoa plantation is high on the table.

● Ongoing plan to establish cottage cocoa factories across the state Under an industry cluster agenda, our administration is targeting such cottage factories to increase cocoa processing and development of the value chain industry.

Emphasizing the need to revitalize cocoa production in the country, Governor Adeleke concluded by calling on the federal government to “declare an emergency in the cocoa sector by offering direct federal interventions in term financing for cocoa producing states; support creation of state marketing boards to fast track the re-development of the cocoa sector at state level; and empower the Ministry of Agriculture to support cocoa producing states through a World Bank project focussing on cocoa revival across the cocoa producing states.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

FG Signs $329m Deal with Chinese Firm to Boost Nigeria’s Power Supply

Published

on

By

The Federal government has signed a $328.8 million contract with a Chinese firm – China Machinery Engineering Corporation (CMEC) – to rehabilitate and expand Nigeria’s electricity transmission network under Phase 1 of the Presidential Power Initiative (PPI).

The agreement covers Engineering, Procurement, Construction, and Financing (EPC+F) for the development of 330kV and 132kV transmission lines across the country, aimed at improving grid reliability and reducing stranded generation capacity.

The project will be coordinated by FGN Power Company, a special purpose vehicle established by the federal government to oversee implementation of the PPI.

The Minister of Power, Adebayo Adelabu, speaking at the contract signing ceremony in Abuja, said the agreement would cover 544 kilometres of transmission lines with a load capacity of 7,140 megawatts, spanning both brownfield and greenfield sites.

He explained that these critical infrastructure projects would act as the main arteries for delivering increased power from midstream transmission directly to homes, businesses, and industries, helping to strengthen the country’s economy.

The minister described it as a vital step toward resolving persistent bottlenecks in Nigeria’s power value chain.

He emphasized that enhancing the transmission network is essential to ensure that generated electricity is delivered efficiently to end-users.

He noted that the signing of the agreement demonstrated the federal government’s commitment, under the leadership of President Bola Tinubu, to providing stable and reliable electricity to Nigerians.

The Managing Director of FGN Power Company, Kenny Anuwe, described the partnership with China Machinery Engineering Corporation (CMEC) as a strategic move to develop a robust transmission network capable of supporting increased generation capacity.

He explained that CMEC’s involvement complements the ongoing collaboration with Siemens Energy, which focuses on generation and high-voltage transmission technologies.

The Vice President of SINOMACH, Li Xiaoyu, expressed appreciation to the Nigerian government for its trust in CMEC, adding that the project would play a significant role in improving electricity delivery across the country.

Continue Reading

News

FCT, Lagos, Rivers Listed Among 31 Flood-Prone States This Season

Published

on

By

The Nigeria Hydrological Services Agency (NIHSA) has warned that 1,249 communities across 176 Local Government Areas (LGAs) in 33 states and the FCT fall within the high flood-risk areas in 2025.

The warning was issued during the official presentation of the 2025 Annual Flood Outlook (AFO) by the Minister of Water Resources and Sanitation, Prof. Joseph Utsev, in Abuja.

According to the forecast, an additional 2,187 communities in 293 LGAs across 31 states and the FCT are expected to experience moderate flood risk this year.

States identified in the high-risk category include: Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, the FCT, Gombe and Imo.

Others are; Jigawa, Kebbi, Kogi, Kwara, Lagos, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Rivers, Sokoto, Taraba, Yobe, and Zamfara.

Utsev noted that floods are among the most devastating natural disasters affecting lives, property, agriculture, and infrastructure.

He said the 2025 forecast is aimed at raising awareness and encouraging preparedness among citizens, particularly in vulnerable communities.

He said this year’s theme on community preparedness and adaptation is timely, given the recurring floods and their impact on livelihoods and infrastructure.

The minister explained that the 2025 Annual Flood Outlook has been segmented into three parts to enhance flood preparedness.

These include a general flood forecast, a communication strategy for effective warning dissemination, and a mitigation plan to reduce exposure and vulnerability.

“According to the forecast, 657 communities in 52 LGAs are expected to experience high flood risk between April and June.

“544 communities in 142 LGAs between July and September; and 484 communities in 56 LGAs from October to November.

“Moderate flood risk is projected for 445 communities in 116 LGAs from April to June, 1,458 communities in 271 LGAs from July to September, and 1,473 communities in 171 LGAs between October and November,” he added.

He said flash and urban flooding are expected in major cities, including Abuja, Lagos, Port Harcourt, Ibadan, Kano, and Makurdi, largely due to poor drainage and weak infrastructure.

According to him, coastal states such as Bayelsa, Cross River, Delta, Lagos, Ogun, Rivers, and Ondo may also experience flooding caused by rising sea levels and tidal surges, posing a threat to livelihoods and river-based activities.

Utsev announced initiatives such as a National Flood Insurance Programme, to be piloted in Kogi and Jigawa states, and the Niger Flood Project to boost river navigation, flood control, and climate resilience.

He highlighted plans to launch an Integrated Climate Resilience Project and the forthcoming Annual Drought Outlook.

Utsev urged stakeholders to support government efforts in building flood-resilient communities and affirming the Federal Government’s commitment to proactive flood management.

Earlier, the NIHSA Director-General Umar Mohammed emphasised the agency’s commitment to using advanced technologies and fostering inter-agency collaboration to deliver accurate and timely flood forecasts.

Mohammed explained that this year’s forecast adopts a more community-focused approach, extending beyond local government areas to identify specific at-risk communities.

“Our aim is to equip decision-makers with actionable information to protect lives, livelihoods, and property,” he stated.

He added that the outlook identifies flood-prone states, local government areas, and communities, while also assessing impacts on sectors such as healthcare, education, agriculture, transport, and water quality.

According to Mohammed, the goal is to strengthen community resilience and support proactive flood management strategies across the country.

Key highlights of the event included the formal presentation of the NIHSA Flood and Drought Dashboard and the unveiling of the National Flood Insurance Programme.

Goodwill messages were delivered by representatives of the World Meteorological Agency, the National Water Resources Institute Kaduna, and others.

NAN

Continue Reading

News

Purported Arrest of Nigerian Businessman, Benedict Peters, in Ghana Overblown Says Dele Momodu

Published

on

By

By Eric Elezuo

Veteran journalist and Chairman, Ovation Media Group, Chief Dele Momodu, has said that the purported arrest of Nigeria billionaire businessman, and owner of Aiteo, Mr. Benedict Peters, in Ghana, was ‘overblown’, of ‘lurid picture’ and ‘littered with tarbrush’.

Speaking via his social media handles on Tuesday, Momodu frowned at how news that bears the citizen of Nigeria often “it often generates some hoopla and hysteria”, noting that he has been in touch with the businessman, who confirmed that all was well.

Momodu further quoted Mr. Peters, who he spoke with as saying that the Ghanaian authorities acted promptly, professionally and responsibly to douse the tension.

Below is Momodu’s detailed statement:

“Earlier today, the Ghanaian social media was awash with the overblown story of a Nigerian billionaire businessman BENEDICT PETERS who was purportedly arrested because his “armed militia” operatives blocked the entrance of a highbrow residential estate near Jubilee House in Accra.

As always, any news that bears Nigerian citizens in it often generates some hoopla and hysteria. But as someone who knows BENEDICT reasonably well as a well-informed and unassuming businessman, I knew the lurid picture being painted of him was obviously littered with tarbrush.

I have now spoken with BENEDICT and was happy that he said the Ghanaian authorities acted promptly, professionally and responsibly to douse the tension.

This is how Ghana can continue to be a destination of choice for investors and tourists…”

Beyond his pan-African status, Benedict Peters is a thorough investor in the oil and gas and mining industries among others.

Continue Reading

Trending

Close