PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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NIGERIA TARGETS 750,000 METRIC TONNES OF COCOA IN 10 YEARS .(PHOTO).

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NIGERIA TARGETS 750,000 METRIC TONNES OF COCOA IN 10 YEARS 



Federal Government is targeting to raise the production of Cocoa to 750,000 metric tonnes by the year 2032.


Currently, the production of Cocoa has been pegged at 340,000 thousand below Ghana and Ivory Coast who jointly produce about 60% of the crop globally.


The Ministry of Trade and Investment stated that the goal is to be achieved by a 10-year roadmap which have been developed by stakeholders in the Cocoa production.


The representative of the Permanent Secretary of the ministry of Trade and Investment, Tuayeringha Gana who stated this at a stakeholders forum on the implementation of the 10 years National Cocoa Plan (2023-2032) in Abuja, said the target was in line with the global Cocoa agenda.


The Minister of Agricultural and Food Security, represented by a Deputy Director in the ministry, Ajayi Olutobaba said a National Cocoa Management Committee was recently inaugurated to see to the establishment of the National Cocoa Management Commission.


According to Mr Olutobaba, the national coordinating body is expected to guarantee sustainability of the Cocoa value chain in the country and ensure that Nigeria’s Cocoa production meets international demands.


Mr Emmanuel Enang who represented the Director-General of the Nigerian Export Promotion Council (NEPC), said the forum also aimed at addressing the challenges plaguing Cocoa production in the country such as climate change, poor seedlings and lack of funding.


The forum had in attendance representatives from the Nigerian Export-Import Bank (NEXIM BANK), Nigeria Customs Service, Federation of Agricultural Commodity Association of Nigeria (FACAN) and the Cocoa Association of Nigeria

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