Research and Analytics
Research and Analytics
With the Nigerian government’s
ongoing focus on promoting agricultural development through its policies and budgetary plans, Flour Mills Nigeria Plc can leverage this support to build a strong agribusiness that can meet domestic food demand, generate export revenue, and create jobs. How
effectively is the company taking
advantage of this opportunity?
According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) rose by 3.54% y/y in real terms in the second quarter of 2022 (Q2-2022). This shows that the economy expanded in Q2-2022 by 0.44% when compared to the 3.11% y/y recorded in the preceding quarter (Q1-2022) as the non-oil sector remains the key driver of growth. Similarly, this outturn represents an economic expansion on a year-on-year basis, albeit at a slower rate when compared to Q1-2021 (5.01% y/y) as the growth rate declined by 1.47%.
Nigeria’s Poverty Rate by Sectors Will able-bodied young people be better off or worse off with Nigeria’s agricultural practices?
The excel file below contains time series data on impact of monetary policy on agricultural financing from 1981 to 2017. Data on Agricultural Credit Guarantee Scheme Fund was used to measure agricultural financing while interest rate, inflation rate, banking sector credit to the economy, exchange rate and broad money supply were used as proxy for […]
In 2018, a total amount of N320.39 billion was injected into the agricultural sector as part of the CBN intervention to create a diversified economy backed up by sustainable development as well as create employment opportunities. Since the inception of all the agricultural schemes however, a total sum of N1.04 trillion has been injected by the CBN (through 6 agricultural initiatives) into the agricultural sector of which only 42% has been repaid by the beneficiaries since inception valued at N436.66 billion.
Image Credit: www.seriouseats.com Basically, sesame (also known as Beniseed) can be sesame seeds and/or Sesame oil. Sesame oil is used as an ingredient in making cosmetics as it is very effective in hair growth and skin health. Sesame seeds are used to flavour and garnish various foods, particularly bread and other baked goods. According to […]
![[INFOGRAPHICS] Poverty Rate By Sectors In Nigeria](https://giftedanalysts.com/wp-content/uploads/2020/09/Banks-2020-06.jpg)
![[INFOGRAPHICS] Sectoral Contribution to the 2019 GDP](https://giftedanalysts.com/wp-content/uploads/2020/07/Kaduna-Refinary-03-scaled.jpg)
