News
Nigeria Must Harness Youth Potential For Food Sovereignty — IFAD

The International Fund for Agricultural Development (IFAD) has said that Nigeria cannot achieve its dreamed food sovereignty without harnessing the potential of its youth in full capacity.
Dede Ekoue, Country Director, IFAD, said this in Benin on Thursday at the 5th Supervision Mission of a Federal Government, Niger Delta Development Commission (NDDC), and IFAD—Lifelihood Improvement Family Enterprises —Niger Delta (LIFE-ND) Project.
Ekoue, who said LIFE-ND is aimed at empowering youth and women with practical skills in agric business in the Niger Delta region, noted that to achieve this, the programme adopted a model where all trainees pass through what is referred to as incubation.
The country director, while stating that IFAD invested over $30m in the first phase of the LIFE-ND project with over 26,000 beneficiaries, added: “LIFE-ND is a unique programme to us at IFAD. We are committed to empowering youth in the agric business and to generate jobs.”
READ ALSO:
She stressed: “We are talking about agric food system transformation; it is a key topic on the global platform. And food sovereignty cannot be achieved without fully harnessing the potentials of the youth in agric. Youth has the largest population. So, LIFE-ND is aimed at empowering youth with practical skills using a model of business incubation. By the time they go through the incubation process, they come out as business owners. They are able to set up an agric business.”
“And we have a good story in terms of linking these agric business owners to the market. So, income generation and sales are not issues to them.
“Creating jobs for youths is the key to enabling growth; it is the key to peace; it is the key to development; it is the key to business growth.”
In empowerment of women, the country director said: “LIFE-ND also emphasises on women. Women are key to food production; they are key to food transformation; they are key to food sovereignty; they are key to proper nutrition. This is what LIFE-ND is delivering.”
READ ALSO:Four Nigerians Jailed In UK For Forging Over 2,000 Marriage Documents
Ekoue, while expressing satisfaction at the 4th supervision of the project, said the supervision, which was carried out by an independent team was to “access progresses, identified the challenges and opportunities for improvement, and to develop some recommendations for further enhancing,” adding that this would give a cue either to continue with the project or discontinue.
On his part, National Coordinator, LIFE-ND, Dr.
Abiodun Sanni, said the first phase of the programme, which covered six states —Ondo, Edo, Abia, Bayelsa, Cross River, Delta —of the region, had 26,470 beneficiaries including young agro entrepreneurs, youths, women, and persons with disability along different commodities for value chain.
Sanni, while expressing his commitment to actualising the transformative agenda of the project, which he said aligns with the President Tinubu’s Renewed Hope Agenda, disclosed that 4,380 beneficiaries are currently being enlisted in this ongoing phase, adding: “We are going to add more beneficiaries as more funds come from our sponsors.”
Representative of the NDDC, Stella Manureh, said the LIFE-ND project “is our shared commitment to improving lives of the Niger Delta people through food security.
IFAD, your continued investment in agriculture has improved the livelihood of the people.
It enforces our collective responsibility for transparency and accountability.”
News
Six Corps Members Receive N10m Grants To Boost Agribusiness

Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.
The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.
Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.
Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.
READ ALSO: NYSC Swears In 1,600 Corps Members In Bauchi
He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.
“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.
The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.
Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.
READ ALSO: NCCSALW Deploys NYSC Members In Fight Against Illegal Arms In Northeast
She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.
According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.
Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.
She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.
The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.
“We are happy with our collaboration with the NYSC, and it will continue,” he said.
READ ALSO: NYSC Lauds Gov. Mohammed’s Intervention In Fence Collapse
Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.
He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.
He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.
According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.
News
CBN Reduces Interest Rate To 23%

The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.
Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.
According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.
READ ALSO: CBN Monetary Tightening Worsening Nigeria’s N50tn Development Finance Gap – Group
Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.
According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.
“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”
News
NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.
The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.
The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.
According to the post, the two union leaders have resolved their differences after years of strained relations.
READ ALSO: Why FG Named KWAM 1 Aviation Security Ambassador — Keyamo
“After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.
The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.
“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.
The post also described the meeting as a significant step beyond previous public displays of reconciliation.
READ ALSO: FG Gives KWAM 1 Aviation Appointment, After Airport Incident
“This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”
Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.
“Both parties are delighted about the new development,” the post said.
The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.
News2 days agoBREAKING: Tinubu Extends Working Vacation
News4 days agoSix Hidden Health Benefits Of Unsweetened Zobo
News4 days agoJehovah’s Witnesses Announce New Position On Blood Transfusion Policy
News4 days ago2027: Step-by-step Guide To Applying For INEC Ad Hoc Staff Recruitment
News4 days agoHow 36 Nigerian States Got Their Names
Headline4 days agoNigerian Man Jailed After Masturbating In Front Of Woman On UK Train
Headline2 days agoHow To Format An Academic CV For US Master’s, PhD Applications
News4 days agoStop Acid Reflux Pain: Foods You Must Ban From Your Kitchen
Headline4 days agoNigerian Woman Arrested, Charged Over Illegal Voting In US
News3 days ago[OPINION] Wike-APC: Fights Always End Adultery
















