General
Agribusiness Sector in Nigeria Lacks Good Structure—Expert
By Adedapo Adesanya
The agriculture sector is set to get a huge boost as stakeholders have noted that they want to partner one of the top agricultural institute, Premier Agribusiness Academy, on capacity building for business sustainability and profitability.
This followed interest expressed by key agriculture stakeholders which include the Poultry Association of Nigeria (PAN), Agricultural and Rural Management Training Institute (ARMTI), Rome Business School among others, at a recently concluded leadership training organized by Premier Agribusiness Academy in Lagos.
Speaking during the executive education course designed for CEOs, COOs, MDs, business owners and Managers, the Director-General of Nigeria Agribusiness Group (NABG), Mr Manzo Daniel Maigari, noted that the agribusiness sector in Nigeria lacked a comprehensive structure and was not developed enough.
He then said that major decision makers in the sector need to acquire efficient leadership tools like those taught at Premier Agribusiness Academy coupled with organized trainings to enable them make decisions that will develop their businesses and by extension, structure the sector.
The NABG DG lauded the quality of training and facilitators at the training academy said: “I don’t think there is any other academy providing top level management training like this in the sector. Premier Agribusiness Academy has come in handy to fill a gap that no one has been able to identify let alone meet.
“The Academy has created a niche for itself that nobody may be able to compete with both in terms of the quality of training and the trainer, Adm. Toromade Francis, a renowned and one of the best agribusiness experts in Nigeria”.
Another participant at the training, Mrs Veronica Obatolu, Executive Director, Institute of Agricultural Research and Training commended the Agribusiness school and highlighted ways the research institute can collaborate with the academy while expressing her desire to do so.
“There are so many ways our organization can collaborate with Premier Agribusiness Academy especially in the area of agricultural value chain. Our institute deals with so many agricultural crops starting from the beginning which is the soil until it gets to the consumer and I see many ways we can collaborate in terms of livestock, domestic improvement, processing and human capacity development,” she said.
Commenting on the importance of the training, Mrs Obatolu said, “The course ‘Critical thinking and problem solving skill for decision making’, is a good course that has given me a new perception regarding decision making, not just to focus on a particular method but to able to combine both critical and creative thinking in order to be able to make good decisions that will help in the upliftment of the organization that I am leading”
“I think that all leaders of agricultural organizations need to be part of it”.
On his part, Mr Egbebe Godwin, Chairman Poultry Association of Nigeria (PAN) Lagos State Chapter who was also a participant at the training said: “I am happy that I attended this course because it is needed to bridge the gap between agriculture and business so that we can have a successful practice of agribusiness.
“A lot of people know how to bring the concept of science and business together; they only know agriculture but there are ignorant of the business aspect of it.
“I am particularly delighted to have been a part of this training because it has exposed me to better ways to manage my business and also convince other PAN members to partner with Premier Agribusiness Academy to learn world’s best management practices that will help them develop their businesses and agriculture in Nigeria.
Mr Olufemi Oladunni of Agricultural and Rural Management Training Institute (ARMTI), during his input revealed that functioning efficiently as a Chief Executive required a lot of creative and critical thinking to solve problems especially in the agriculture and rural development sector of the Nigerian economy.
He then expressed delight to have been a participant of the training and lauded Premier Agribusiness Academy for the initiative adding that, the knowledge he has acquired will help him function better and more efficiently as a Chief Executive Officer.
He expressed his intention to collaborate with the academy by introducing agribusiness components into the agricultural value chain, through the training of young members in experiential learning adding that, this knowledge will help them in delivering their mandate to the institute and country at large.
Mr Humphrey Akanazu, Country Director, Rome Business School noted that the knowledge impacted in Premier Agribusiness Academy trainings are skills that can be applied in any business environment not only agriculture.
“It is key for top management staff of companies and organizations to make quality business and management decisions and Premier Agribusiness Academy delivers top notch leadership and management trainings” he said.
Mr Francis Toromade, the Director-General of the academy, said the Premier Agribusiness Academy is school designed to bridge the gap between agriculture and business management in the Nigerian agricultural sector through quality training on human capital development, business management, marketing and sales of agricultural products, production, logistics, distribution.
He further revealed that another training session will take place on the January 16, 2020 at Lagos Sheraton Hotels, Ikeja, Lagos state.
General
Dangote Cement Ibese Commissions Cassava Processing Plant in Ogun
By Aduragbemi Omiyale
In order to aid alternative and sustainable means of livelihood amid rising food prices and growing concerns over food security in Nigeria, the Ibese Plant of Dangote Cement Plc has handed over a state-of-the-art garri and fufu processing plant to the Kajola host community in Ewekoro Local Government Area of Ogun State.
The facility is expected to support cassava farmers and processors by improving efficiency and expanding income-generating opportunities.
According to the organisation, the project, delivered under the Community Development Agreement (CDA) with its host communities signed in 2022, is a strategic intervention aimed at boosting agricultural value addition, reducing post-harvest losses and strengthening livelihoods for rural farmers and women.
The Ibese Plant Director, Mr Ayyagari Subbaraidu, at the commissioning, said, “This project is aimed at improving cassava processing, reducing losses and creating sustainable employment for women and farmers in the community.”
He disclosed that the facility features separate garri and fufu processing units equipped with modern machinery, including a five-tonne-per-day peeling machine, hydraulic presses, frying systems, fermentation basins, solar-powered boreholes and sanitation infrastructure, adding that it will serve as a catalyst for local economic growth by enhancing productivity and supporting small-scale agribusinesses across Kajola and neighbouring communities.
The Plant Director also urged the community and the Project Governance Committee to maintain transparency in the management of the facility to ensure long-term sustainability.
The Ogun State Commissioner for Agriculture and Food Security, Mr Bolu Owotomo, who was at the unveiling of the project, said it aligns with Governor Dapo Abiodun’s vision of making agriculture a key driver of economic growth through value addition and enterprise development.
The Commissioner disclosed that “over 166,000 farmers, including more than 90,000 cassava farmers, have been registered under the Ogun State Farmers Information Management System (OGFIMS) to benefit from government interventions.”
He urged the community to safeguard the facility and assured residents of the continued support of the state government towards agricultural development and food security.
“This processing plant will strengthen the cassava value chain, improve product quality, create jobs and enhance food security while boosting farmers’ incomes,” the Commissioner stated.
General
FG Backs US Sanctions on Three BDC Operators Linked to Terror Financing
By Adedapo Adesanya
The federal government has hailed the recent sanctioning of three Nigerian bureau de change (BDC) operators by the United States’ Office of Foreign Assets Control (OFAC) for alleged terrorism financing.
“The Nigeria Sanctions Committee welcomes the recent inclusion of Mukthar Muhammad Adamu, Nine to Nine BDC, and Generation BDC Limited by the United States Office of Foreign Assets Control (OFAC).
“These designations follow the inclusion of Adamu and his companies as part of a broader update to the Nigeria Sanctions List approved and published on 18th June 2026,” it disclosed in a statement.
It said that the naming of the three companies and six people followed extensive intelligence gathering, financial investigations, and inter-agency assessments, which established reasonable grounds to believe that the affected individuals and entities facilitated, financed, supported, or otherwise contributed to the activities of the Islamic State West Africa Province (ISWAP) and associated terrorist networks.
“The individuals and entities added to the Nigeria Sanctions List on 18th June 2026 are Ibrahim Yakubu Ogirima (NLISWi.19), Muktar Muhammad Adamu (NLISWi.20), Adamu Chiroma (NLISWi.21), Ibrahim Abubakar (NLISWi.22), Abdullahi Umar Usman (NLISWi.23), Babangida Muhammed Adamu Hammajam (NLISWi.24), Abbal Bako & Sons Bureau De Change Limited (NLISWe.25), Generation Currency BDC Limited (NLISWe.26), Nine to Nine BDC Limited (NLISWe.27),” the statement read in part.
The federal government reiterated its directive to all financial institutions and designated non-financial businesses and professions to continue to comply with all sanctions obligations, including asset-freezing requirements, the filing of suspicious transaction reports, and the reporting of all relevant matches to the appropriate authorities.
The sanctions committee commended the work of the Federal Ministry of Justice, Office of the National Security Adviser (ONSA), Central Bank of Nigeria (CBN), Department of State Services, Economic and Financial Crimes Commission, and the Nigerian Financial Intelligence Unit for their actions to ensure that terrorist groups are denied the resources that sustain their activities.
It stated that Nigeria remains resolute in its commitment to ensuring that terrorists and their financiers find no safe haven within the country’s financial system.
The committee also said that the Federal Government would continue to work closely with domestic stakeholders and international partners to protect national security, strengthen financial integrity, and contribute to global efforts to combat terrorism and its financing.
General
Lagos Seals Radio Station, Others for Noise Pollution
By Aduragbemi Omiyale
A radio station, Wise FM, has been sealed by officials of the Lagos State Environmental Protection Agency (LASEPA).
The premises of the broadcast media platform, located on Ogabi Street, Meiran, Ile-Iwe Bus Stop, were shut by the state government on Tuesday, June 23, 2026, alongside other establishments across different parts of Lagos State for alleged persistent violations of environmental regulations despite repeated warnings, abatement notices, and opportunities provided for compliance.
In a statement by LASEPA, it was disclosed that the enforcement exercise was carried out in response to various environmental infractions, including noise pollution, air pollution, obstruction of official duties, and failure to comply with its directives.
As regards Wise FM, it was said that it was sealed for noise and air pollution as well as non-compliance with the Agency’s directives.
Another organisation affected, Star-View Terrace, located in Amuwo Odofin, Lagos, was shut down for noise pollution and non-compliance with the agency’s directives, while Premiership Suites, located at Akin Osiyemi Street, Off Allen Avenue, Ikeja, was sealed for non-compliance with the agency’s directives.
Speaking on the enforcement operation, the General Manager of LASEPA, Mr Babatunde Ajayi, reiterated the organisation’s unwavering commitment to safeguarding public health and ensuring a cleaner, safer, and more sustainable environment across Lagos State.
He stressed that both individuals and corporate organisations have a responsibility to comply with environmental laws and regulations, stressing that environmental protection remains a collective duty that requires the cooperation of all stakeholders.
The LASEPA boss warned that the agency would continue to intensify enforcement actions against violators in order to curb environmental nuisances and protect residents from the harmful effects of pollution.
Mr Ajayi urged residents, business owners, and operators of commercial establishments to adopt environmentally responsible practices and cooperate with regulatory authorities in promoting a healthier, cleaner, and more livable Lagos.
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