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The Herman Trend AlertJune 15, 2022Banking: An Industry in UpheavalA couple of weeks ago on a Saturday, a good friend of mine called me while she was waiting for her husband to make their monthly deposit of rent checks. Though there are four branches in Beverly Hills, none was open ....
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Vendors display food for sale at a market in Mowe, Ogun State in southwest Nigeria, on April 19, 2021. – Nigeria’s economy was already struggling with a fall in the price of oil, Nigeria’s major export, and a weak local naira currency, before the global pandemic struck.Now Nigeria’s inflation has soared to a four-year high of more than 18 percent in March 2021, with food prices up 22.9 percent, according to the National Bureau of Statistics. (Photo by PIUS UTOMI EKPEI / AFP)Worried about the effect of the COVID-19 pandemic on the country’s agriculture sector, the organisers of this year’s Feed Nigeria Summit (FNS) say this edition is targeted at resuscitating the country’s disrupted food system. ....
By Omolabake Fasogbon Nigeria’s foremost agricultural convocation, the Feed Nigeria Summit (FNS), this year, will focus on revamping the country’s food system architecture and address concerns surrounding critical value chain activities in the agriculture sector. The Summit themed; POST-COVID19: A Repaired Food System, Pathway to a Revived Economy seeks to capitalise on the positive energy of the Nigerian agriculture sector to strengthen the nation’s overall economy, post-pandemic. It aims to contribute significantly to the actualization of an inclusive, efficient and competitive food system for Nigeria. The Technical Adviser to the Minister of Agriculture, on Knowledge Management and Communication, Barr. Richard-Mark Mbaram, who is also a member of the event’s organising committee, made this disclosure during a virtual media briefing held recently. ....