BY CHIKA OKEKE, Abuja African countries have rejected the Green Revolution programme twenty years after it was formed, despite the over $1 billion invested to end hunger, increase crop yields and reduce post-harvest losses. The Alliance for a Green Revolution in Africa, AGRA, was founded in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation with the goal to catalyse a farming revolution in Africa. A breakdown of the investment revealed that the Gates Foundation donated a $200 million grant, while the Mastercard Foundation with a $350 million five-year donation restricted the support to promoting youth employment, which was not part of the core Green Revolution strategy. AGRA also secured a $105 million grant from the Green Climate Fund, GCF, for a program to reduce post-harvest crop losses as a form of climate adaptation and mitigation. To commemorate the anniversary, Alliance for Food Sovereignty Africa, AFSA, in collaboration with an independent ...
BY CHIKA OKEKE, Abuja The Federal Competition and Consumer Protection Commission, FCCPC, has indicted Dangote Group, BUA Group and other manufacturers over the exorbitant prices of cement across the country. This was even as the commission revealed that cements are cheaper in other African countries of Kenya, Tanzania, South Africa, Egypt, Morocco, Algeria and Togo compared to Nigeria. The indictment followed the results of findings from an industry-wide investigation conducted by the FCCPC, suggesting possible manipulation of prices of cement in the Nigerian market. Specifically conducted by the Anticompetitive Practices Department of the Commission, the three-month cross-border study was in response to complaints over the high cost of cement. The study examined factors including limestone availability, population, production capacity, consumption and retail prices. But the FCCPC Director of Corporate Affairs, Ondaje Ijagwu said on Tuesday in Abuja t...