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Agriculture is the way to become wealthy but it can’t happen the way our parents practiced, IITA says.

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DEVELOPING creative messages/methods that would attract young people to agriculture could help Africa to attract youth to agriculture and end the rising unemployment in the continent, says the Deputy Director General Partnership for Delivery, International Institute of Tropical Agriculture (IITA), Dr Kenton Dashiell.

In a message to journalists to mark the 2017 Media Day— part of activities to mark the 50th anniversary of IITA on 24 July 2017, Dr Dashiell said addressing the food insecurity question in Africa required collective efforts from the different institutions operating in Africa, stressing that “IITA cannot succeed in isolation.”

He underpinned the importance of creativity in packaging and dissemination of information on agricultural innovation in a way and manner that would attract youth into agriculture, and clear illusions about the sector.

Dashiell explained that for IITA, “our message is this—agriculture is the way to become wealthy. But this cannot happen if it is practiced the way our parents did. Fortunately, IITA has advanced technologies that if used could make farming very profitable and fun for farmers.”

The Media Day was a time for IITA to appreciate the invaluable contribution of the press to the Institute in the past 50 years. It was the first time the Institute would engage members of the press for a full day, showcasing to them its facilities, projects, and the Institute’s direction for the next 50 years.

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As journalists toured the campus, stories of IITA research breakthroughs reverberated— from the fields where IITA defeated the Black Sigatoka disease on banana, cassava mealybug, and maize streak virus; to the labs where breakthroughs such as the use of Aflasafe is making maize and groundnuts safer to innovations where researchers are growing yam in the air and new technologies are being developed to control weeds in cassava.

Journalists were taken around the facilities to see research on maize, yam, cassava, cowpea, banana and plantain. IITA is also piloting the first ever Africa-wide youth in agribusiness initiative (IITA Youth Agripreneurs), which has received strong support from the African Development Bank and about 11 heads of African States.

Dr Kwesi Atta-Krah, Chair, IITA50 Organizing Committee and Director, Systems and Site Integration said that in the last 50 years, IITA had stood with the people by providing agricultural solutions that address the constraints to Africa’s agricultural development.

“And because we are truly people-centric, our goal in the last 50 years has always been to make living more fulfilling for even the poorest of the poor farming households. Even now, IITA will not stop. The Institute will continue to join hands with relevant stakeholders to do its best to transform agricultural practices to be able to transform Africa,” Dr Atta-Krah explained.

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The Chair of the IITA50 Organizing Committee also announced that on 30 June 2017, a press conference will be held at IITA’s facilities in Lagos, after which IITA’s senior management team will proceed to ring the closing bell at the Nigerian Stock Exchange, officially announcing the Institute 50th anniversary to the public.

Established 1967, IITA is a leader in agricultural research in sub-Saharan Africa. Innovations from the Institute have translated to better nourishment, food security, and livelihood-generating activities for millions of Africans.

The IITA50 celebration received financial support from IITA staff and the Board of Trustees, Dangote Group, Bovas, and Inqaba. Other supporters include Punch and the Guardian Newspapers.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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