News
American firm-John Deere responds to VP Shettima’s investment drive, to establish tractor plant in Nigeria
A US company, John Deere has resolved to establish a tractor plant in Nigeria.
The development is one of the gains from the foreign investments drive of Vice President Kashim Shettima who has spent days in the US representing President Bola Tinubu and sealing deals meant to reposition the country’s economy.
Details of the company’s interest to invest in Nigeria’s agricultural sector were made known during a meeting between VP Shettima and top officials of John Deere led by its Vice President on Production Systems, Mr Jason Brantley.
According to a Statement Monday by Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications, Office of the Voce President, the meeting, facilitated by the Chairman of Flour Mills of Nigeria, Mr John Coumantaros, also had in attendance the Minister of Agriculture, Sen. Abubakar Kyari; the Consul General of Nigeria in New York, Ambassador Lot Egopija and the Senior Special Assistant to the President on Agribusiness and Productivity, Dr Kingsley Uzoma, among others.
Nkwocha said that speaking during the interaction with the investors, Vice President Shettima assured that Nigeria is committed to transforming agriculture as a pathway to tackling insecurity and improving the livelihoods of smallholder farmers.
“Without mechanization, you can never be truly self-sufficient in food production. President Bola Ahmed Tinubu is fully committed to revitalizing the Nigerian agricultural sector. And for us to be self-sufficient in food production, three key elements are essential. First is certified seeds, then mechanization, provision of fertilizer and of course, agricultural extension services,” he noted.
The VP who spoke on the Special Agro-Industrial Processing Zones (SAPZs) project stated that “it is designed to provide the infrastructure, platform and framework for the private sector to add value to Nigeria’s agricultural produce for the domestic, regional market and for the global community.”
Assuring the investors that Nigeria is now open for partnership, Sen. Shettima said, “We are open for discussions, for conversations towards fast-tracking the whole process. My principal, President Bola Ahmed Tinubu, is very eager to see that the full potential of the Nigerian agricultural sector is realised.
“The President declared a food security emergency in August this year fundamentally anchored on the fact that we are exposed to all the volatility in the world. We are vulnerable, we are exposed. This is why we are putting in place the mechanisms towards addressing challenges in the sector and we cannot afford to do otherwise”.
Earlier, Mr Brantley spoke about the company’s proposed investment in Nigeria, assuring that the project will unlock Nigeria’s agricultural potential by creating an organised approach to tractor-clearing services for smallholder farmers across the country.
According to the John Deere top executive, the initiative to establish tractor assembly would require zero investment from the government, while credit guarantees will be needed to help make credit available at an affordable rate for interested persons or groups.
Mr Brantley expressed the company’s readiness to immediately engage relevant authorities in Nigeria, with a view to actualising the objective of establishing the assembly plant.
News
2027: ACF urges northerners to shun selfish politicians
As time ticks father towards the 2037:general election, Arewa Consultative Forum, ACF, have advised northerners to shun politicians who are desperately seeking power to advance their selfish interest, at the detriment of the welfare of the people.
Chairman of ACF, Mamman Mike Osuman stated this in his opening remarks at the 79th National Executive Officer Council, NEC, Meeting held on Wednesday at the Forum’s Secretariat, Kaduna.
He said evidence abounds that many current elected and appointed leaders remain disconnected from ACF’s aspirations and programmes.
However, the ACF acknowledged that some have been supportive and have assisted financially.
According to him; “Since our last meeting on 21 August 2025, our Region has continued to face grave difficulties natural disasters, tragic loss of lives, and the harsh vicissitudes of daily existence. Terrorism, armed banditry, insurgency, and kidnapping are on the rise, as witnessed in Kwara, Southern Kaduna, Katsina, Benue, and other locations.
The consequences have been devastating, with families and communities violently uprooted and displaced.”
The Chairman stated that these displacements have resulted in overcrowded camps and informal settlements with limited access to basic services, increasing the risks of malnutrition and mortality among survivors.
He added that, repeated attacks and the climate of fear have disrupted education, leading to school closures across affected areas. Rural economies have been severely strained, travel has become unsafe, and access to farming, schooling, and healthcare has been discouraged.
“Insecurity has deepened to such an extent that external military assistance has been required.”
Osuman reiterated that the existence of ACF as a socio-cultural organization must not be merely ceremonial or rhetorical.
“it must be principled, sincere sacrificial, and action-driven. It must engage constructively with governments at national and subnational levels in the pursuit of peace, stability, and the civil rehabilitation of its people.”
He explained that the grim situation has further heightens ACF’s concern and underscores the urgent need our State Chapters to be proactive.
“As our Region approaches a national election cycle, ACF must cooperate with relevant authorities to ensure peaceful and credible elections. We must educate and enlighten our people on their civic responsibilities and the necessity of abiding by the laws of our fatherland,” he stressed.
He announced the constitution of a 9-man Code of Conduct and Ethics Committee, headed by Professor Nuhu Mohammed Jamo, former Dean of the Faculty of Law Ahmadu Bello University, Zaria and former Special Adviser to the Senate President on Constitutional and Comparative Law and Legal Drafting.
News
Breaking: Nigeria to hold presidential election February 20 next year
Nigeria will hold presidential election about one year from now, on February 20, 2027.
The Independent National Electoral Commission (INEC) announced this on Friday and said the National Assembly elections will also hold the same day.
INEC said governorship and State Houses of Assembly polls scheduled has been scheduled for March 6, 2027.
The INEC Chairman, Prof. Joash Amupitan, disclosed the election timetable at a news conference in Abuja today.
INEC had on February 4 indicated that it had completed work on the election timetable and schedule of activities despite the delay.
The commission noted that it had submitted its timetable to lawmakers but cautioned that some items in the schedule of activities could be affected depending on when the amended Electoral Act is eventually passed.
News
Otedola hails Dangote refinery, says Dollar could exchange below N1,0000 in few months
Nigerian billionaire businessman, Femi Otedola has hailed Dangote refinery for its massive impact in the nation’s oil industry, saying due to huge foreign exchange saved as a result of the milestone achieved by the refinery, the naira could trade below ₦1,000 to the dollar before the end of the year.
Otedola made this known on his X platform, while congratulating President of Dangote Group, Aliko Dangote, on the refinery’s attainment of its full production capacity of 650,000 barrels per day.
According to him, the refinery’s capacity to supply up to 75 million litres of Premium Motor Spirit (PMS) daily marks a transformative moment for Nigeria and the African continent, significantly altering the country’s energy landscape.
He noted that with domestic refining now in full swing after decades of reliance on fuel imports, pressure on the foreign exchange market is expected to ease considerably.
“With domestic refining now firmly underway after decades of reliance on imports, pressure on the foreign exchange market should ease significantly. I am optimistic that the naira will strengthen meaningfully, and trading below ₦1,000/$1 before year-end is increasingly within reach,” Otedola stated.
He further revealed that Dangote has commenced an additional $12 billion expansion project aimed at increasing refining capacity to 1.4 million barrels per day.
The expansion will also include the production of 2.4 million tonnes of no polypropylene and 400,000 metric tonnes of Linear Alkyl Benzene for detergent manufacturing.
Otedola described the development as a milestone for Nigeria’s economic growth, congratulating Dangote on what he called a historic achievement for the country.
-
News11 months agoSenate to speed up conclusion of Nigeria Forest Security Service Bill
-
News3 years agoBreaking: Tinubu’s authentic ministerial nominees
-
News3 years ago“Anytime we want to kill terrorists, President would ask us to take permission from France but they were killing our soldiers-” Niger Republic coup leader
-
News6 months agoThe Many Lies Against Bashir Haske
-
News2 years ago“I’m leaving the Catholic church because Bishop Onah is oppressing me,” says Okunerere
-
News2 years agoRadio Nigeria’s veteran broadcaster Kelvin Ugwu dies three months after retirement from service
-
News3 years agoDokpesi and the Gazebo Mystique
-
News3 years agoTsunami: Tinubu orders dissolution of managements, boards of MDAs, to sack all Buhari’s political appointees
