General News
AFEX Marks World Hunger Day by Committing to Feeding an Additional 1M Households

AFEX, Nigeria’s leading commodities exchange, marked World Hunger Day by committing to feeding an additional one million households over the next 12 months.
To date, AFEX has helped smallholder farmers grow their income by 400%, within 2-3 years of joining its platform. It has worked with over 350,000 farmers and traded 600,000MT worth of commodities, which in turn has resulted in the company feeding over 4 million households.The company is focused on helping the additional one million households avoid hunger in the coming year.
World Hunger Day is an internationally recognised day of awareness focused on tackling the global hunger crisis. Although world economies produce enough food to adequately meet humanity’s nutritional needs, the UN estimated that in 2021 alone up to 811 million people experienced hunger, with the numbers suffering hunger and malnutrition increasing following the Covid-19 pandemic and recent shocks to world supply chains from the war in Ukraine.
Africa is acutely affected by food insecurity, with 70 percent of populations in West Africa running out of food in 2020.
AFEX is committed to helping the continent feed itself by levelling-up Africa’s agro-tech sector and by boosting and making food production more efficient. The company works closely with farmers and uses its unique tech solutions to increase yields and productivity.
With more efficient pricing mechanisms and transparent, fair distribution fees, agricultural producers working with AFEX benefit from significant – and often life-changing – savings on taxes, charges, and transportation costs.
Ayodeji Balogun, CEO at AFEX said, “AFEX is committed to reducing food insecurity and smallholder farmers in the ecosystem play a very important role in this effort. At the core of what we do is to ensure that those furthest behind are reached, especially with the aggravated global food crisis we’re currently facing.
“Our food producers do an amazing job to ensure Africa is fed and our mission is to ensure that an additional 1 million households over the course of the next year don’t go hungry.”
“Through a more equitable and fair distribution of income for the smallholder farmer, the lifeblood of our food supply chain, we are laser focused on continued employment generation, social integration and remaining one step closer to eradicating hunger for those at most risk.”
According to AFEX’s 2021 Crop Production Survey report, a lack of access to inputs – such as seedlings, pesticides, and fertilizers – is a major factor in underproduction. AFEX’s distribution networks give smallholder farmers access to these inputs, while its extension services provide advice on their most optimal use.
Nigeria’s storage capacities currently stand at less than 5%, resulting in excessive post-harvest losses, all of which impact food security. To solve the problem, AFEX operates a nationwide network of warehouses that are in close proximity to farmers. The company is targeting empowering more farmers to generate employment and help boost food production across the country.
General News
NOTAP Urges South Eastern Entrepreneurs to Embrace Franchising as Business Model

Dr. Obiageli Amadiobi, director general and chief executive officer, National Office for Technology Acquisition and Promotion (NOTAP), has advocated Franchising as a sustainable business model for the South East entrepreneurs.

Dr. Obiageli Amadiobi, DG/CEO, NOTAP
She made this call during a one-day sensitization and unveiling of the NOTAP Franchising Guidelines for south east stakeholders and entrepreneurs for a successful franchising business.
The DG who was represented at the event by Mr. Emeka Orji, head of Department Corporate Planning (CP) Department, NOTAP, said that franchising business model had globally been proven to be successfully sustainable due to low business risks associated with it.
She defines franchising as a contractual business relationship between a licensor (the franchisor) and a licensee (the franchisee) that allows the business owner to use the licensor’s brand and methods of doing business to distribute products or provide services to consumers.
She added that in essence, the franchisee pays the franchisor for the opportunity to use his established business model and brand name in running his business.
Dr. Amadiobi said the essence of the workshop was not just organised to explore the possibility of adopting franchising as a strategic platform to transform local dreams into national and global business realities.
She described the programme as an opportunity for business owners and intending entrepreneurs from the Zone to latch into the huge and untapped potentials provided by franchising business models in becoming business and brand ambassadors.
With over 800,000 franchise establishments across the globe, generating trillions in revenue, she described Franchising as a pathway to economic empowerment.
General News
FG Launches Online Citizenship, Business Management Portal to Enhance Transparency, Service Delivery

The Federal Government has launched a new Online Citizenship and Business Management Platform, in a bid to boost transparency, operational efficiency, and service delivery. The initiative, unveiled by the Ministry of Interior, is in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
The platform is designed to simplify and accelerate the processing of citizenship and business-related services, allowing individuals and corporate entities to carry out transactions seamlessly from anywhere in the world.
According to a statement issued by Magdalene Ajani, Permanent Secretary of the Ministry, the digital platform represents a significant milestone in the Ministry’s ongoing reform agenda.
It noted that the new system would drastically reduce bureaucratic bottlenecks, enhance user experience, and improve turnaround time for applications. “The Ministry is committed to promoting a more efficient, transparent, and secure framework for citizenship administration.
“This digital transformation is a testament to our resolve to improve public service delivery through the use of technology”, the statement reads.
Members of the public, private organisations, and other stakeholders can now access the platform through the Ministry’s official website: https://interior.gov.ng, or directly via the portal: https://candb.interior.gov.ng. For technical support or inquiries, users can contact: candb-support@interior.gov.ng.
The Ministry emphasised that the launch of this platform is just one of several digital initiatives aimed at transforming the nation’s administrative processes and aligning them with global best practices.
Observers believe the platform could become a game-changer in reducing red tape and promoting a more investor-friendly environment in Nigeria, particularly in areas involving citizenship acquisition and business operations.
General News
NITDA DG says its Community IT Centres Should be a Catalyst of Change

Kashifu Inuwa Abdullahi, director general of National Information Technology Development Agency (NITDA) has said that the 18 community IT centre the agency has built in the past two years are meant to be a beacon of calls and catalyst of change in those communities where they are cited.
He sated this at the commissioning/handing over of IT centre at Akesan area in Lagos. He noted that the IT centres, Innovation hubs among others are part of digital literacy programme of the agency.
“This center is designed and build to help Akesan community to be part of the digital economy, because the President is big and loud when it comes to national prosperity and inclusivity.
“Our target is to build more than 1600 across the country. We want every community every Nigerian to be part of this national prosperity and inclusivity when it comes to digital economy.
“Today, we are here to commission it, to ensure and encourage you to put it in a good use, because we call it a community center means that we want everybody to be part of it. We don’t want it to be suited in a school where the school will lock it for only students and the staff.
“That’s why we located it in the community. Schools can be part of it. Our senior citizens can be part of it. Our religious centers also can be part of it to learn.
“We want it to be a beacon of call as well as a catalyst of change in this community. We want to see more information technology gurus coming from Akesan community. So, I want to encourage you to also come with a sustainability model so that the center will be on. It is on because when you invest in this kind of infrastructure, we don’t want to be called when there are small things that we should come and fix it. That’s why we are handing it over to the community so that the community can put it in a good use. The community can find a way to make it self-sustaining,” he said.
Dr. ‘Bosun Tijani, Honourable Minister of Communications, Innovation & Digital Economy, the NITDA Community Centre in Lagos, a space that is more than just a building. It is a strategic extension of our national mission – a bridge between the Federal Government’s digital economy policies and the unmatched energy, ingenuity, and innovation that Lagos represents.
The minister who was represented by Mr. Johnson Bareyei, director, e-governmance in the ministry, added that his ministry is committed to promoting inclusivity through capacity building initiatives like the 3MTT programme.
“We are also developing the National Digital Economy & e-Governance Bill, which is a robust legislative framework that will help guide our everyday engagement online.
“Our work at the Ministry also includes Project BRIDGE, our ambitious effort to improve interconnectivity by deploying 90,000km of fibre-optic cable across Nigeria. This is a critical imperative as we work towards making Nigeria a $1trillion economy powered by innovation, infrastructure, and inclusive growth,” he said.
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