Monday 18 December, 2017
Edition: English (US)

News Arena

  • President Muhammadu Buhari will on Monday attend the 59th Proclamation of Republic of Niger ceremony in Tahoua, Niger, according to a statement by the Presidency. The President, alongside the Presidents of Mali, Burkina Faso, Chad,...

  • Nigerian troops have been warned against recording any loss against Boko Haram. Speaking to soldiers at the frontline on Saturday, the commandant of the counter-insurgency operation in the North-East (Theatre Commander, Operation Lafiya...

  • By Olukayode Michael, Maiduguri Six soldiers were on Friday sentenced in Maiduguri for crimes ranging from murder, manslaughter and unlawful possession of ammunition. The soldier, Lance corporal John Godwin found guilty of murder was...

  • The Senate Committee on Power, Steel Development and Metallurgy on Thursday criticised a solar-powered streetlight project in nine universities across the country valued at N10bn. The committee also turned back the Minister of Power,...

  • Nigeria is set to become the first country on the continent to issue a security that raises funds for environmental projects when it launches its green bond on December 18. The government plans to sell N10.7bn ($30m) and the offer...

Five LASTMA officials arrested for extortion

No fewer than five officials of the Lagos State Traffic Management Authority have been arrested for allegedly extorting money from some motorists in the state. The PUNCH learnt that many...

We’ll defend Lagos-Ibadan expressway in 2018 budget —Senator

Following widespread condemnations from individuals and groups particularly from the South-West, a lawmaker, representing Lagos West Senatorial...

Osinbajo, governors join Buhari to cut birthday cakes

Vice-President Yemi Osinbajo and some state governors on Sunday joined President Muhammadu Buhari to cut his birthday cakes. The President’s...

Power: 37 federal varsities using 1,068 generators

Thirty-seven federal universities in the country are using 1,068 generators as alternative power source, an energy audit of the tertiary institutions...

Those planning to replace Buhari are self-seeking politicians – DG VON

The Director-General of the Voice of Nigeria, Mr. Osita Okechukwu, has said those angling to...

Mark denies receiving N2bn campaign funds for senators

  A former President of the Senate, David Mark, has denied receiving over N2bn from the Peoples...

Alleged double registration: Dino Melaye, Faleke, others ask Yahaya Bello to resign

Reactions have continued to trail the alleged double registration saga by Kogi State, Governor...

NEPC plans to develop C’River cocoa for exportThe Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr. Olusegun Awolowo, has said that developing the Cross River State cocoa value chain for export will enhance economic growth. Awolowo spoke through the Deputy Director, National Export Office, NEPC, Mrs. Veronica Oriare, during the Cross River State Cocoa Stakeholders’ Forum and mini exhibition in Ikom Central.   The two-day event was organised by NEPC Calabar Smart Office, in collaboration with Calabar Chamber of Commerce, Farming World and Rural Development Initiative and Cocoa Association of Nigeria. While delivering a keynote address at the forum themed, ‘Developing the Cross River State Cocoa value chain for Export’, the NEPC boss said that the agency was working with the Adekunle Ajasin University, Ondo State to increase production and distribution of cocoa seedlings to farmers as well as capacity building on improved processing to achieve premium cocoa for export. He assured the participants that efforts were being made to address the problem of inadequacies and raise awareness about processing of high quality cocoa for export. According to the NEPC boss, there is increased demand as well as higher price offerings for organic cocoa in the global market. He said that as the demand continued to rise, there was a need for Nigeria to increase production of cocoa to partake in the favourable global market. He stated that the demand for cocoa in the United States market moved from 1,113.9 metric tonnes in 2008 to 1,297.7MT by 2014. “This upward movement in demand for cocoa by the US market is expected to continue especially now that the health benefits of consuming cocoa has been overwhelmingly established,” a statement quoted him as saying. The Trade Promotion Advisor, NEPC, Calabar Smart Office, Dr. Emmanuel Etim, said that the council would support the Cross River State Government’s proposed cocoa processing factory in Ikom, development of one million cocoa seedling nursery in Akamkpa and the cultivation of additional 100,000 hectares of cocoa plantation in the state.
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