Business
NATPAN Calls For Federal Government to Deal With Tomato Post-Harvest Losses
The National Tomato Growers, Processors and Marketers Association of Nigeria (NATPAN) requests the Federal Government to reduce post-harvest losses of the produce.
The chairman of NATPAN, Rabiu Zuntu stated on Tuesday that the government inference will cut down the post-harvest losses.
“Most farmers cannot afford loans for this equipment to aid reduction of post-harvest losses because they are smallholder farmers. The government can help tomato farmers reduce post-harvest losses by coming to their aid with interventions.”
“With the use of plastic crates for the transportation of tomatoes from one part of Nigeria to the other, the rate of post-harvest losses will be reduced.”
Ecobank Group is reportedly set to raise up to $250 million through an Additional Tier 1 (AT1) capital offering in order to strengthen the bank’s capital base.
This was revealed during the company’s annual general meeting held in Togo on the 29th of May, 2025. According to the meeting, the bank stated that the conversion price for the shares will be based on the higher of the prevailing exchange rate and the floor price of $0.02 per ordinary share.
The speaker stated “As we cast our eyes into the future and reimagine all possibilities—rising competition from banks, fintechs, and non-bank financial institutions, as well as factors such as geopolitics, regulations, and capital markets—we cannot afford complacency.”
The Central Bank of Nigeria (CBN) recently assured stakeholders about the state of the banking sector in Nigeria, stating that the banking sector can still be trusted and is secure.
The assurance was shared in a statement signed by Hakama Sidi Ali, Acting Director of Corporate Communications at the CBN. In the statement, it was emphasized that stakeholders should disregard any negative news concerning the banking sector, as such reports are misleading.
The CBN also highlighted the security of the deposits entrusted to it, stating, “There is no reason for the public to worry about the security of their deposits.” The extent of the measures and security in place was also emphasized by the director in the statement.
Nigerian Businessman Dr. Cosmos Maduka analyzes popular Billionaire, Aliko Dangote and describes him as the biggest debtor in Nigeria.
The businessman highlighted the fact that people who seem to have the most money are often the largest debtors.
“The number one debtor in Nigeria is Aliko Dangote. He’s the wealthiest man in Africa. The number one debtor in the world is the United States of America and you call them the richest in the world.”
“As you admire all of those things, it’s all credit. It’s all about credit. So you should leverage on loan, but you have to have a good structure that will support that loan.”
-
Sport13 hours agoVictor Osimhen Added to Man United’s List of Strikers to Sign This Summer
-
Sport17 hours agoRonaldo Signs New Deal to Stay at Al-Nassr for Two More Years
-
Entertainment17 hours agoWhen I Met Tems She Had Only 200 Naira in Her Account — Manager
-
News17 hours agoPastor Kumuyi Says His Wife’s Death Motivated His Global Fight Against the Devil
-
Sport17 hours agoAdemola Lookman Presents His CAF Player of the Year Award to President Tinubu
-
Entertainment13 hours agoLinda Ikeji Chooses Between Davido and Wizkid and Says Davido Is Far Better
-
Entertainment13 hours agoWoli Arole Slams ‘Silent Wife’ Ideology, Says Women Need a Voice in Marriage
-
Entertainment12 hours agoDavido Gifts ₦5 Million to Lady After She Shares Profound Statement