News

HOMEF Applauds NASS On Decision To Investigate GMOs In Nigeria

Published

2 years ago

May 18, 2024

Editor

…says Nigeria needs to prioritise public health

Health of Mother Earth Foundation (HOMEF) and the GMO-Free Nigeria
Alliance have commended the House of Representatives on the resolution to comprehensively investigate the introduction of genetically modified organisms (GMOs) into Nigeria and for a halt on approval of new products
pending the completion of that investigation.

This is as the House of Representatives also urged the National Agency for Food and Drug Administration and Control (NAFDAC) to ensure labelling of GM crops already in the country.

The House resolution to investigate the introduction of GMOs into Nigeria followed the adoption of a motion by Rep. Muktar Shagaya at a plenary session held on Thursday 16th May 2024.

In a statement made available to INFO DAILY Kome Odhomor, Media/Communication Lead, HOMEF, the Executive Director of the organisation, Dr Nnimmo Bassey, said ass the lawmaker rightly explained, the introduction of GMOs in Nigeria raises serious concerns about safety, regulatory oversight, and their potential impacts on the country’s biosafety.

He noted that the investigation which has been long “overdue is vital to save the country from the dangerous path to food colonialism, contamination of our genetic resources, loss of
biodiversity/nutritional diversity, soil degradation, and overall
disruption of our agriculture and food systems.”

Bassey continued: “This investigation must be unbiased and thorough. To ensure this, the National Assembly should engage independent researchers to avoid contamination of the process by GMO promoters.

“This investigation should consider Nigeria’s agricultural landscape and investigate the underlying
causes of hunger/food insecurity and as well establish definite measures to address those issues. This is the time to rescue Nigerians from being used for risky experimentations.”

The Executive Director also stressed the need for critical examination of the National Biosafety Management Agency Act for its fitness for purpose.

He further added: “That law needs to be completely reworked to close existing loopholes including the composition of its governing/decision making board by excluding GMO promoters such as the National Biotechnology Development Agency; the lack of provision on strict liability, inadequate public consultation measures, absolute decision-making powers of the agency, minimal reference to the precautionary principal and many others.

“This was the submission of Mariann Bassey-Orovwuje, Food Sovereignty Activist and Deputy Executive Director at Friends of the Earth Nigeria.”

Also reacting to the Green Chamber’s call on NAFDAC to label GMO crops in the country, HOMEF’s Director of Programmes and lead on Hunger Politics, Joyce Brown, noted that the agency will need to devise strategies to have foods sold in local markets in basins, by the road sides, and in processed forms like Ogi and Akara labelled to ensure informed decision-making by the majority of people who purchase food from these sources.

“This exercise will prove that GMOs do not fit our socio-economic context. Over the years, market shelf surveys conducted by HOMEF has revealed over 50 different processed/packaged foods labelled as produced using genetically modified ingredients,” she added.

Brown advised that permits for commercialisation of GMO products such as Bt Cowpea, Tela Maize, Bt Corn and all others be suspended pending the result of the investigation by the House Committee on Agriculture and others.

The statement reaffirmed the submission by Rep. Shagaya that there’s need to prioritise public health, biodiversity, increased support of small holder farmers in terms of extension service, provision of infrastructure (to curtail waste), access to credits, access to land and the growth of our local economy.

“Nigeria should adopt agroecological farming which aligns well with our socio economic and socio cultural
context. Agroecology delivers increased productivity and economic resilience, revises/nourishes ecosystems, strengthens local economies, mitigates climate change and promotes food sovereignty,” the statement concluded.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

14 minutes ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

2 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

News

Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Published

20 hours ago

May 5, 2026

Editor

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.