Tag: #RuralEconomy
-
COCOA PRICE CRASH PUSHES FARMERS INTO DEBT, DESPAIR
From boom to bust, cocoa farmers across Southwest Nigeria are reeling as prices plunge—leaving many broke, discouraged, and abandoning farms. Cocoa farmers in Ondo, Osun, and Ekiti states are sounding the alarm over a massive crash in cocoa prices—one that has wiped out profits, deepened debt, and triggered fears of a looming crisis in the…
-
FARMER FACES COURT FOR DESTROYING CROPS WORTH N3 MILLION
A 55-year-old farmer, Sunday Olowosoga, found himself in hot water at the Okitipupa Chief Magistrates’ Court in Ondo State on Friday. He’s been charged with maliciously damaging crops and palm trees valued at N3 million after allegedly bulldozing farmland during a dispute with the owner. Despite the serious charges of misdemeanor, Sunday pleaded not guilty.…
-
NIGERIA URGED TO BUILD A RESILIENT AND INCLUSIVE SHEA INDUSTRY TO BOOST ECONOMY
Nnanyelugo Ike-Muonso, Director-General of the Raw Materials Research and Development Council (RMRDC), stressed the urgent need for Nigeria to develop a competitive and inclusive Shea industry to strengthen the national economy. Speaking at an investors’ forum in Ibadan, he highlighted the potential of the Shea sector to create jobs, empower women, generate significant export revenue,…
