Nigeria’s agric export earnings hit N5bn – Ogbeh

Nigeria’s agric export earnings hit N5bn – Ogbeh

Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, says Nigeria’s agricultural export earnings have increased by 180 per cent, reaching over N5 billion in the last one year. Nigeria’s agric export earnings hit N5bn – Ogbeh

Ogbeh said this in Abuja on Thursday when the ministry signed a Memorandum of Understanding with John Deere Tractor Manufacturing Company on the procurement of tractors and the provision of farm mechanisation services.

The minister expressed optimism that the country’s export earnings would continue to increase because of the tractor mechanisation services which would be rendered to smallholder farmers through the partnership with John Deere. “This partnership means greater wealth, more exports for our country. I like to say how proud we are that agricultural exports in the last one year and a half have gone up by 180 per cent, as we earned well over N5 billion from these exports.

“We are on the way and with your support, we will get there,’’ he said. On the delay in the planned recapitalisation of the Bank of Agriculture by the Federal Government, Ogbeh said that efforts were being made to restructure the bank in a way that people would no longer be able to take loans and refuse to pay back.

Stay Connected , follow us on: Facebook: @creebhillsdotcom, Twitter: @creebhillsblog, Instagram: @creebhills, Pinterest: @creebhills Telegram: creebhills

To place an advert/sponsored post on our site, contact us via
Previous articleBarclays Africa to join Nigeria bourse in July as broker
Next articleWorld Cup 2018: No Chicken in the stadium from the Nigerian Fans, Russian Minister.
I'm the Chief- Editor at CreebHills. We strive to constantly provide news in various domains in connection to the Nigerian region and the rest of the world. I work also as a PR and Brand Specialist and aim to grow Creebhiils as a brand to reach mass audiences. You can reach out to me at


Please enter your comment!
Please enter your name here