FG spends N16b annually in foreign exchange on tomato importation

tomato importation in nigeria

According to the Director General of the Raw Materials Research and Development Council (RMRDC), Dr. Hussani Ibrahim, about N16 billion is currently expended annually in foreign exchange on tomato importation.

This was made known by the DG during the presentation of improved tomato seeds to vegetable farmers in Kaduan state on Tuesday. “With an annual national domestic demand estimated at 2.4 million metric tons, only about 1.7 million metric tons is produced annually leaving a deficit of 700,000 metric tons due to cultivation of existing low yield varieties and high post-harvest losses.

The DG who was represented by the Director, Agricultural and Agro-Allied Department,

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Business Name Registration in Nigeria- Step by Step Guide

business name registration now takes 2 days

Business Name Registration in Nigeria- Register online in 48hrs

It’s now possible to carry out online business name registration in Nigeria within just 2 days. The time frame used to be 10 days but this new development is coming as a result of some reforms being carried out by the present administration.

This was made known by the Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande. He stated that there was also now a 24-hour timeline for company registration from when the application form was completed and all required

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SMEDAN unveils credit facilities portal


The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a Credit Information Portal to facilitate easier access to funding by the Micro, Small and Medium Enterprises (MSMEs) sector in Nigeria. This was disclosed by Director-General of SMEDAN, Dr. Dikko Radda, at a workshop on Enterprise Development Solutions Initiative (EDSI), yesterday, in Lagos. Represented by Dr. Wale Fasanya, SMEDAN’s Director, Enterprise Development and Promotion, Radda noted that the initiative

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