Gov acquires 130 tractors for farming
Published
8 years agoon
By
EditorGovernor Abubakar Bello of Niger State on Tuesday said that the state government had procured 130 tractors and accessories worth N2.2 billion, to boost agricultural mechanisation ahead of the 2018 farming season.
Mr Bello made this known while inaugurating the 2018 farming season, fertiliser sales and distribution of tractors in Minna.
He said the measure would ensure food security in the state and the nation at large.
“The state government in its deliberate efforts toward boosting agricultural mechanisation activities has procured 130 tractors valued at N2.2 billion,’’ he said.
The governor said the equipment would be distributed to genuine farmers at 25 per cent subsidy.
Mr Bello said the state government would soon take delivery of another set of 100 tractors through the Central Bank of Nigeria’s Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) programme.
He said the state government had signed a Memorandum of Understanding (MoU) with Machine Equipment Consortium Africa (MECA) and Tractor Owners and Operators Association of Nigeria (TOOAN) to manage the tractors until full payments were made by beneficiaries.
The governor said government had also procured 50 rice threshers for free distribution to farmers’ cooperative societies and unions to reduce post-harvest loss in rice production.
“We need to encourage all-season farming.
“To this end, we are intensifying partnership with some Chinese firms to utilise the 17 existing irrigation sites in the state, while developing new ones,’’ he said.
Mr Bello said government had also collaborated with Tak Fertliser Company, to secure 15,000 metric tonnes of NPK 20:10:10 fertilisers for the 25 local government areas in the state.
He, however, warned that the fertilisers must be sold at government-approved price of N5, 500 per bag, noting that anybody caught selling above this price would face the law.
Earlier, Haruna Dukku, the state Commissioner for Agriculture and Rural Development, said government was determined to achieve self-sufficiency in food production and employment generation.
Shehu Galadima, Chairman, All Farmers Association of Nigeria (AFAN) in the state, commended the state government for the gesture and promised that farmers would put the tractors into good use.

SPORTS
CAF announces free e-visas for fans attending AFCON Morocco 2025
Published
3 hours agoon
November 14, 2025By
Publisher
The Confederation of African Football and the AFCON Morocco 2025 Local Organising Committee on Friday announced that fans travelling to the tournament will be eligible for free electronic visas.
The policy benefits citizens of countries that normally require a visa to enter Morocco.
“Electronic visas to enter Morocco — obtained through the YALLA app — are now free of charge for supporters attending the competition, which runs from 21 December 2025 to 18 January 2026,” CAF said in a statement on its website.
The governing body said the announcement comes amid growing global demand for Africa’s biggest football event, with more fans booking tickets.
It explained that fans need two documents, a fan identification and an e-visa, to stay in Morocco and enter football stadiums throughout the tournament.
“A Fan ID is mandatory for entry to all stadiums and official Fan Areas. Supporters can apply for both the Fan ID and e-visa in one place inside the YALLA app, streamlining travel and stadium access.
“The Fan ID application and e-visa request are completed seamlessly within the YALLA app, ensuring a faster, easier and secure experience for international visitors and local fans alike,” the statement added.
To apply, fans are urged to download the YALLA app on Google Play or the App Store, or visit the official YALLA website, complete the Fan ID form, and, if required, submit the e-visa request.
Once approved, supporters can purchase match tickets on the CAF ticketing platform.
“The new measures are designed to deliver a seamless, secure fan experience for Africa’s showpiece event that will be played across nine stadiums in six cities,” CAF said.
With Morocco hosting for the first time since 1988, the continent’s biggest football festival returns to North Africa amid high expectations, fierce rivalries, and a new generation of African stars ready to make their mark.
A total of 24 teams are expected to participate.
CBN unveils phased overhaul of fixed income market to boost transparency
Published
1 month agoon
October 3, 2025
The Central Bank of Nigeria (CBN) has announced a phased restructuring of the Nigerian Fixed Income Market as part of sweeping reforms to strengthen transparency, improve efficiency, and reinforce regulatory oversight across the country’s financial ecosystem.
In a circular signed by Okey Umeano, Acting Director of the Financial Markets Department, the apex bank disclosed that it will assume full control of both the settlement process and the trading platform for fixed income transactions beginning November 2025.
According to the CBN, this transition will allow the Bank to manage the trading environment directly while handling end-to-end settlement of fixed income instruments within its established financial market settlement system.
“This transition will enable the CBN to assume direct responsibility for the management of the trading platform and handle end-to-end settlement activities under the Bank’s established settlement system for financial market transactions,” the statement read.
To minimize disruption and ensure market stability, the reform will be implemented in carefully sequenced stages, with active involvement of key market stakeholders, particularly the Financial Markets Dealers Association (FMDA). The milestones for the first phase include:
READ ALSO: Fifth straight inflation drop sparks calls for CBN interest rate reduction
User Acceptance Testing (UAT): Scheduled for the second week of October 2025, to test the proposed settlement infrastructure.
Pilot Phase: A transitional phase to run alongside the current system, ensuring operational stability and user adaptation.
Go-Live 1 (Settlement Process): Full migration of fixed income activities to the new CBN settlement system, starting November 3, 2025.
Go-Live 2 (Trading Platform): Launch of the new CBN-sponsored trading environment for Primary Dealers, Market Makers (PDMM), Pension Fund Administrators (PFAs), and other approved market participants on December 1, 2025.
The apex bank emphasized that the reforms are designed to “strengthen market integrity, streamline operations, and establish a unified regulatory framework that ensures end-to-end visibility and supervisory oversight of fixed income transactions.”
Acknowledging the FMDA’s central role in market development, the CBN called for continued collaboration, stressing that stakeholder input would remain critical throughout the transition.
“We look forward to your continued partnership as we work together to deliver a more efficient, transparent, and resilient fixed income market,” the Bank stated.
The CBN assured participants that the transition would be coordinated to avoid disruptions and would ultimately serve the broader interests of market stability and economic growth.
The overhaul of the fixed income market is the latest in a series of regulatory reforms introduced by the CBN to strengthen Nigeria’s financial system. Just last month, the apex bank directed all Domestic Systemically Important Banks (DSIBs) to adopt early succession planning for Managing Directors/Chief Executive Officers (MD/CEOs) and top executives.
Under that directive, signed by Dr. Rita Sike, Director of the Financial Policy and Regulation Department, DSIBs must secure regulatory approval for the appointment of a successor MD/CEO at least six months before the expiration of the incumbent’s tenure. The move, according to the CBN, is aimed at bolstering corporate governance and reducing leadership uncertainties that could undermine financial stability.
By consolidating oversight of the fixed income market, analysts say the CBN is positioning itself to better support monetary policy transmission, strengthen market resilience, and drive long-term economic growth.
NEWS
Jandor joins 2027 Lagos governorship race, pledges loyalty to Tinubu’s leadership
Published
1 month agoon
October 2, 2025
Olajide Adediran, popularly known as Jandor, has formally announced his intention to contest the 2027 governorship election in Lagos State, this time under the platform of the ruling All Progressives Congress (APC).
Jandor, who was the Peoples Democratic Party (PDP) governorship candidate in the 2023 polls, made the declaration on Wednesday, October 1, 2025, during an Independence Day address in Lagos.
The media entrepreneur-turned-politician emphasized that his ambition remains rooted in the drive to serve the people of Lagos, noting that he is determined to bring new energy into the state’s leadership.
“As for Lagos State, I am offering myself once again to serve. I’m indeed running for the Lagos governorship race in 2027,” he said.
Reflecting on his previous campaign, Jandor recalled the momentum he generated during the 2023 elections, which marked his first major political outing.
READ ALSO: JANDOR pays homage to Olubadan-elect, Oba Rasheed Adewolu Ladoja
He expressed optimism that, with the APC platform and the support of President Bola Ahmed Tinubu, he would be better positioned to actualize his vision for Lagos.
“When it was time for me to truly leave, I came all out, and we took Lagos by storm. Very soon, activities will begin to galvanize support from Mr. President and the party to ensure that whoever picks the APC governorship ticket in Lagos will have a strong run. Let me put this to rest: I am running in 2027,” he declared.
Jandor also used the occasion to openly endorse President Tinubu’s leadership, calling on Lagosians and Nigerians at large to rally behind the President for a second term in 2027.
“President Bola Ahmed Tinubu has proven his capacity to lead this country with vision and courage. I call on Lagosians and Nigerians at large to ensure he gets a second term in 2027 so we can all continue to benefit from his progressive leadership,” Jandor said.
His defection to the APC and fresh declaration are expected to reshape the political landscape in Lagos, setting the stage for what could become a highly competitive race ahead of the 2027 elections.
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