• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

Delta farmers target 28,000 MT of rice from this year’s dry season farming

Omokolade Ajayi by Omokolade Ajayi
November 23, 2020
in Business
NIRSAL, The National Information Technology Development Agency has kick-started a job and wealth creation programme where 130 farmers will each receiv, e seed funding of N100,000Border Closure: Nigerian rice farmers are struggling to feed a rice-hungry nation. CBN to give Niger Delta rice farmers single-digit loan 
Share on FacebookShare on TwitterShare on Linkedin

Mr. Sylvanus Ejezie, the Chairman of Rice Farmers Association of Nigeria (RIFAN), Delta State Chapter, has disclosed that farmers in the state are targeting 28,000 MT of rice from this year’s dry season farming.

The disclosure was made during an interview with the News Agency of Nigeria (NAN) on Monday in Asaba.

Mr. Ejezie explained that the target would be realized in March 2021, as no fewer than 7,000 farmers registered to take part in the dry season farming in the state.

RelatedStories

Naira , dollar, exchange rate

Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1 

May 18, 2025
CBN, forex

CBN to hold 300th Monetary Policy Committee meeting on May 19–20 

May 13, 2025

According to him, the RIFAN-Central Bank of Nigeria (CBN) loan scheme had provided all the materials needed by the farmers, and in line with the target of this exercise, each farmer is expected to cultivate at least one hectare with a targeted yield of four tonnes of rice per hectare.

The dry season farming which has commenced with land preparation, would be flagged off when some farmers receive their water hose to be able to pump water from the source to irrigate the farm. “Now, we want to take advantage of the dry season and all the farmers who have access to water will be participating,” Ejezie added.

Mr. Ejezie stressed that he would personally cultivate seven hectares to cover for the loss he suffered due to flood.

Why this matters

This effort is a reactive step by the farmers towards cushioning the shortfall in rice production in the country, as farmers incurred huge losses during the wet season farming due to the heavy flood which washed off a sizeable amount of their cultivation.

Hence, the decision to ramp-up rice cultivation in the state during the dry season will ensure that there is enough after the festivities and the yuletide season is over.

This will help to balance the demand and supply dynamics in the markets across all boards and food classes, given the importance of rice in the country.


Follow us for Breaking News and Market Intelligence.
Tags: Central Bank of NigeriaRice Farmers Association of NigeriaRIFAN
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

Related Posts

Naira , dollar, exchange rate
Currencies

Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1 

May 18, 2025
CBN, forex
Business News

CBN to hold 300th Monetary Policy Committee meeting on May 19–20 

May 13, 2025
Zenith Bank
Exclusives

Zenith Bank shareholders blame CBN fines for lower dividend payouts in 2024 

May 5, 2025
CBN, forex
Breaking News

Court backs CBN, rejects interim ban on eNaira trademark use 

May 2, 2025
CBN
Economy

Credit to government drops to N24.52 trillion in January 2025 – CBN  

February 28, 2025
CBN, forex
Financial Services

Experts ask CBN to take legal action against bank directors with bad loans to enforce corporate governance 

February 25, 2025
Next Post
Buhari sacks DG National Directorate of Employment, Nasiru Argungu

Minimum wage earners should be exempted from paying income tax - FG

Leave a Reply Cancel reply

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

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Dr. Olufemi Bakre conferred Honorary Citizenship of Atlanta, Georgia  
  • Tantalizers pivots into entertainment, announces acquisition of Tade Ogidan’s Grand Media 
  • Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1 

Follow us on social media:

Recent News

Dr. Olufemi Bakre conferred Honorary Citizenship of Atlanta, Georgia  

Dr. Olufemi Bakre conferred Honorary Citizenship of Atlanta, Georgia  

May 18, 2025
Tantalizers Plc secures N1.07 billion through fully subscribed private placement

Tantalizers pivots into entertainment, announces acquisition of Tade Ogidan’s Grand Media 

May 18, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics