Daily Trust reports that the release of maize to the companies, which is the third of such releases, is also intended to check the activities of middlemen aimed at hoarding the product and causing artificial scarcity.
The CBN listed recipients of the grains to include Premier Flour Mills, Crown-Olam, Grand Cereals, Animal Care, Amobyn and Hybrid Feeds. Others include Obasanjo Farms, Zartech, Wacot, Sayeed Farms, Pandagri Novum and Premium Farms.
Confirming this, CBN spokesman, Osita Nwanisobi, said the release would crash the price of maize, reduce pressure on the market, and make the product directly available to feed producers, thereby reducing the price of poultry feed.
Nigeria establishes portal for 10m farmers for efficient monitoring of
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
FG sets up online portal to link 10 million farmers information with their farmlands
nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Image
A week before Coinbase made its blockbuster debut on Wall Street on Wednesday, the cryptocurrency exchange was part of a much quieter, but symbolically important, launch in Washington, D.C.
Yep, here come the lobbyists.
Along with the asset manager Fidelity, the payments company Square and the investment firm Paradigm, Coinbase established a new trade group with “a mission to unlock the transformational promise of crypto.” The Crypto Council for Innovation hopes to influence policies that will be critical for expanding the use of cryptocurrencies in conjunction with traditional finance (and, by extension, the businesses of the group’s members).
Emefiele Rules Out Foreign Investors Exclusion from OMO
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.