GBfoods, one of the leading multinational food company headquartered in Barcelona and Helios Investment Partners, a premier Africa- focused private investment firm, have partnered to create one of Africa’s largest FMCG businesses.
GBfoods Africa Holdco B. V., the joint venture owned by GBfoods and Helios, according to a statement, has acquired assets from different African companies including leading brands such as Jumbo (bouillon), Gino and Pomo (tomato paste), and Jago (milk powder and mayonnaise), as well as Bama (mayonnaise) distribution rights for Africa, in Ghana and Nigeria, and incorporates more than 600 workers from different nationalities.
Consequently, this will result in a leading pan-African culinary products company with presence in over 30 African countries. With this transaction, GBfoods reinforces its leadership position as one of the most influential international groups in the food industry, consolidating its commitment to Africa.
Already, the business in this continent contributed about 20 per cent of the Group’s turnover. The Spanish multinational manufacturers every year export more than 4,000 million Jumbo cubes for the African market.
The growth of the product portfolio and the acquisition of new assets will allow GBfoods to expand its presence in Africa, becoming a reference in the African households.
“With this acquisition, we strengthen our position in Africa, being present in 30 countries, including key countries like Nigeria and Ghana, with enormous potential for growth.
We also expand our portfolio of products with popular and well-known brands such as Gino, Pomo, Jago and Bama, introducing us to new strategic categories such as tomato, milk powder and mayonnaise. From now on, we can proudly say that GBfoods has doubled the number of consumers in Africa to become part of the daily food of millions of Africans”, explained Ignasi Ricou, Chief Executive Officer of GBfoods
Sokoto introduces tractor hire scheme
Sokoto state government said it will start a tractor hire scheme to boost mechanization in farms and assist farmers to enhance their production capacity.
Governor Aminu Waziri Tambuwal stated this in Kware LGA when he inspected agricultural processing machines to be distributed to farmers under the state’s FADAMA III additional funding scheme.
“We are starting with 30 tractors, with each of the three senatorial districts to have 10 tractors each. This initiative will be implemented with the collaboration of the FADAMA III coordinating office, the state ministry of agriculture and the state investment company which will provide the tractors,” the Governor stated.
He said a strict vetting process will be implemented for those to benefit from the gesture.
“We want to ensure that both the small and large scale farmers have access to the tractors and other machineries.
“We hope to expand the scheme to ensure we have enough tractors to help our farmers have access to modern farm tools at affordable prices,” he added.
Tambuwal said 127 farmer Processing Groups, made up of 1,385 small-holder farmers, have benefitted from the agricultural processing machines and equipment distributed to farmers across the state by the FADAMA III office in Sokoto.
According to him, in addition to the creation of two agricultural produce aggregation centres in the state, eleven tomato production net houses have been established at various locations in the state.
“This gesture is part of our collective efforts towards modernizing our farming techniques so as to improve yield and income of our farmers,” he stated.
The Governor further revealed that 243 unemployed youths have been trained to embrace agriculture, saying this was done with a view to exploring the agribusiness sector and instilling in the youths and women the technical and practical skills that could enhance their competitiveness in agri-prenueship.
GMO: Who blinks first – NBMA or HOMEF?
Efforts to establish Genetically Modified Organisms (GMOs) in Nigeria are currently enmeshed in controversy as two key agencies- National Biosafety Management Agency (NBMA) and Health of Mother Earth Foundation (HOMEF) accuse each other of sabotaging the nation’s food security. Taiwo Hassan reports
Indeed, Nigeria is one of the luckiest countries in the world that is blessed with large span of arable lands for planting of crops to ensure food productivity and security.
But in spite of the oil, which currently account for 90 per cent of Nigeria’s revenue and foreign Exchange earnings, agriculture remains the base of the nation’s economy, providing the main source of livelihood for most Nigerians. The sector, no doubt, faces many challenges such as outdated land tenure system that constrains access to land (1.8 ha/farming household), a very low level of irrigation development (less than 1 percent of cropped land under irrigation), limited adoption of research findings and technologies, high cost of farm inputs and poor access to credit. Also included are inefficient fertilizer procurement and distribution, inadequate storage facilities and poor access to markets, which have all combined to keep agricultural productivity low (average of 1.2 metric tons of cereals/ha) with high post-harvest losses and wastes..
Despite these challenges, agriculture still remains the largest sector of the Nigerian economy -employing two-thirds of the entire labour force.
Over the past three decades, value-added per capita in agriculture has risen by less than one percent annually. It is estimated that Nigeria has lost $15 billion in annual export opportunity from groundnut, palm oil, cocoa and cotton alone due to continuous decline in the production of those commodities. Food (crop) production increases have not kept pace with population growth, resulting in rising food imports and declining levels of national food self-sufficiency.
The main factors undermining production include reliance on rainfed agriculture, smallholder land holding, and low productivity due to poor planting material, low fertilizer application, and a weak agricultural extension system amongst others
Introduction of GMOs
Meanwhile, the introduction of GMOs into the country’s agriculture may not have gone down well with many Nigerians over lack of empirical evidence to ascertain and certify
them safe for human consumption, even though the country is facing challenges in meeting food production for its teeming huge population.
Indeed, the Food and Agriculture Organisation of the United Nations (FAO) estimates that food production will need to double in some parts of the world by 2050 and this translates to the need for more land for cultivation, which will not be readily available. Hence, the introduction of GMO crops to make enough nutritious food available with limited land, water and other resources was one of the reasons GMO was approved to compliment food security in the world.
The Nigerian authorities had given legislative approval (‘junk science’) to the NBMA.
Those in support of GMOs said population growth will necessitate the need for more food production.
But this may not be suitable yet for Nigerians who are yet get acquainted to GMO products locally except the foreign nationalities living in Nigeria.
Besides, findings have shown that GMO crops are reportedly resistant to droughts, pests and crop diseases, while some are purported to be packed with extra vitamins, minerals and other health benefits.
However, in order to buttress its stance on aggressively developing of GMOs in Nigeria, the NBMA accused an advocacy group- HOMEF for opposing GMOs empirical test and alleged that it was trying to sabotaging Federal Government’s efforts at moving Nigeria towards food security through the application of technology in food production.
The NBMA in a statement, said it was not established to halt the use of GMOs, but to ensure the safety of GMOs on human health, plants, animals and the environment.
The agency said: “The agency has no intention and will never verbally engage HOMEF, but these statements made against the agency are not only incisive but negate the efforts of the Federal Government to ensure safety in the application of the technologies that assure Nigerians of food security and food safety.”
NBMA accused HOMEF of being unpatriotic, noting that it had never breached the law in the discharge of its duties.
“The attention of the National Biosafety Management Agency (NBMA) has been drawn to a series of incisive and unpatriotic statements peddled by the Health for Mother Earth Foundation (HOMEF) about the agency and its activities,” said the agency in a statement..
“While the agency does not want to banter with HOMEF or any of its kind, it is important to state here that NBMA is a government agency established by law as a regulatory agency to ensure the safe handling and use of modern biotechnology and its products, which includes Genetically Modified Organisms (GMOs).”
It will be recalled that HOMEF and its partners had last September criticised the approval by the NBMA for the confined field tests of genetically modified cassava in Ibadan, Oyo State – a move they said was designed to flood the country with genetically modified foods.
But the agency in the statement defended its approval of the field tests of some genetically modified crops, stating that the approval followed due process.
Director of HOMEF, Nnimmo Bassey, accused the NBMA of abandoning its regulatory mandate.
“The NBMA are not the federal government, they are just an agency of the government and they are the ones that are inciting Nigerians because when they say that GMOs are safe and their job ought to stop GMOs but they are bringing GMOs. It’s completely what a regulatory agency should not be doing,” Bassey said.
Despite the controversy trailing GMO crops in the country, the multimillion dollar questions anti-GMO campaigners are asking is the safety of the environment and food
FG okays 2nd consignment of yam export to UK, U.S.
Nigerian yam exporters are set to export second consignment of yams to the United Kingdom and United States of America in the first quarter of this year. Prof. Simon Irtwang, Chairman, Technical Committee on Yam Export inaugurated by the Federal Government, disclosed this in Abuja.
The move, according to the committee, would eclipsed the 72 tonnes of yam that left the shore of Nigeria through the Apapa port to the U.S. and UK in June last year, which was widely reported as being rejected because it did not meet international specifications.
The chairman said that the committee had embarked on a tour of major markets, particularly those in the South-West, to ascertain the quality of the yams at hand.
According to him, the Federal Government is doing everything possible to ensure that yam rejection is not associated with the second phase during the export of the commodity.
“Not all species of yam are good for export. So, yam farmers and traders need to know the species that are good for export. They also need to know how to select, store and preserve them to increase their freshness and ability to stay long without decaying. We also have to let yam farmers know the seed yams they will plant that will be good for export,” Irtwang told newsmen in Abuja, last Tuesday.
He revealed that there would be no publicity for the second export as the flag-off had already been done last July by the Federal Government. He said that yam exports would be done without much publicity until the National Assembly repealed the Export Prohibition Act.
Irtwang said there was constant communication between the committee and companies involved in the production of cartons for yams packaging as well as those receiving them abroad.
He noted that with the lessons from the first export, the second export would not witness any challenges.
However, some stakeholders believe that the Federal Government’s move to commence second phase of yam export in the country will trigger outrageous price of yam and scarcity in the marketplace.
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