As Nigeria intensifies efforts to achieve food security, agribusiness stakeholders are being urged to embrace innovative and efficient farming systems to meet the demands of a growing population and changing economy.Speaking during a lecture organized b… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Modern farming key to Nigeria's agribusiness – Expert By Busola Bamidele on June 26, 2025 As Nigeria intensifies efforts to achieve food security, agribusiness stakeholders are being urged to embrace innovative and efficient farming systems to meet the demands of a growing population and changing economy. Speaking during a lecture organized by a Nigerian university, an agricultural expert stressed that reforming traditional farming methods is no longer optional but essential for unlocking Nigeria's full agribusiness potential. > "We must rethink and refine our farming systems if we hope to meet the nutritional and economic needs of our growing population," he said. Read also: NIMASA backs global standards as NPA targets ₦1.27tn revenue in 2025 UNDP backs nature-positive MSMEs in Nigeria with $50,000 grant Modern farming key to Nigeria's agribusiness – Expert FG sets ambitious target of 95% digital literacy by 2030 Adamawa launches ₦3 billion scheme to empower farmers The event is part of the university's broader initiative to promote sustainable agricultural transformation in Nigeria and across Africa — a move that aligns with national goals to boost food production, reduce import dependency, and create jobs through agribusiness. For small business owners in the agriculture value chain, the message is clear: sustainability, innovation, and investment in modern practices will be key drivers of growth in the sector. Experts at the forum also called on policymakers, agripreneurs, and investors to work together to scale up access to financing, agri-tech solutions, and farmer education to ensure Nigeria can not only feed itself but also become a net exporter of agricultural produce.

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Nigeria's maritime sector is set for sweeping transformation following the global approval of seven key amendments to maritime Labour standards—set to take effect by December 2027.The Director-General of the Nigerian Maritime Administration and Safe… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader NIMASA backs global standards as NPA targets ₦1.27tn revenue in 2025 By Busola Bamidele on June 26, 2025 Nigeria's maritime sector is set for sweeping transformation following the global approval of seven key amendments to maritime Labour standards—set to take effect by December 2027. The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) described the amendments as a reflection of "a collective global effort to align maritime Labour standards with the evolving landscape of global shipping." He urged shipowners, operators, and crewing agencies to begin aligning their operational manuals with the new standards. He emphasized that seafarers must be empowered to report grievances without fear of retaliation, while also guarding against malicious complaints. "Seafarers should not be left alone in their struggles," he added, calling on government, employers, unions, and civil society for stronger support. Meanwhile, the Nigerian Ports Authority (NPA) has unveiled an ambitious revenue target of N1.27 trillion for 2025, representing a 40% increase from the N894.86 billion generated in 2024. NPA Managing Director Abubakar Dantsoho made the disclosure during a budget defence session with the House of Representatives Committee on Ports and Harbours. He noted that over 70% of the 2025 proposed expenditure will go into capital projects aimed at enhancing port efficiency and competitiveness. Key drivers of the NPA's growth projection include major modernisation efforts, the full activation of Dangote Refinery's marine operations, and advanced tech deployment. With stronger Labour protections and major revenue reforms underway, Nigeria's maritime sector is poised to deliver lasting impact for businesses and workers alike.

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The United Nations Development Programme (UNDP), through its Global Environment Facility–Small Grants Programme (GEF-SGP), has committed $50,000 to a new initiative supporting nature-positive Micro, Small and Medium Enterprises (MSMEs) across Nigeria.… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader UNDP backs nature-positive MSMEs in Nigeria with $50,000 grant By Busola Bamidele on June 26, 2025 The United Nations Development Programme (UNDP), through its Global Environment Facility–Small Grants Programme (GEF-SGP), has committed $50,000 to a new initiative supporting nature-positive Micro, Small and Medium Enterprises (MSMEs) across Nigeria. Launched in Abuja and implemented by the International Trade Facilitators Association (ITFA), the project—Support to Potential and Established Nature-Positive MSMEs (SPENM)—will run for nine months and target at least 470 MSMEs across Nigeria's six geopolitical zones. The initiative focuses on empowering eco-friendly businesses, particularly those in farming, fishing, and small-scale processing, through capacity building, market access, and certification readiness. An additional $50,000 in in-kind support has been secured from partners for logistics, coaching, and facilities. ITFA Trade Ambassador Collins Ezeiruaku said the project aims to build a sustainable framework for non-oil exports and environmental conservation. He emphasized inclusion, with at least 30% of beneficiaries being women, alongside youth, indigenous peoples, and persons with disabilities. Rose Agbo, UNDP Programme Assistant, highlighted the catalytic nature of the funding, aimed at attracting larger investments and fostering long-term community ownership. SPENM represents a strategic move toward combining sustainability with economic growth for Nigeria's MSME sector.

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