Business A.M
No Result
View All Result
Sunday, February 15, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Nigeria Frontier Markets

Wheat farmers get 50 threshers from FMAN to boost quality, market value of commodity

by Admin
April 3, 2019
in Nigeria Frontier Markets

By Jacob Ajakaiye, in Kano

 

The Flour Milling Association of Nigeria (FMAN) has presented 50 units of AMAR multi-crop threshers worth N70 million to wheat farmers in the country.

The donation is part of the implementation of a Memorandum of Understanding (MoU) entered into by the Milling Association and the farmers geared at boosting wheat production in the country.

Speaking briefly at a presentation ceremony held at the premises of the Northern Nigeria Flour Mill (NNFM) in Kano, John Coumantaros, chairman of the FMAN,  said that the presentation was a demonstration of the association’s commitment to continuously support wheat farmers under the Federal Government’s Agriculture Promotion Policy.

Coumantaros, who was represented at the occasion by Sani Umar, disclosed that his Association resolved to donate the farming equipment to the farmers as a way to assist boost the quality of their wheat production.

He noted that the provision of the equipment will also assist the farmers improve the market value of their wheat commodity, and enable it meet international standard.     

“There is no gainsaying that self-sufficiency in the production of wheat in Nigeria will have an unprecedented impact on the Nigerian economy through the attainment of food security, poverty reduction and of course, save much needed foreign exchange,” he said.

Coumantaros, who is also the chairman of Flour Mills of Nigeria PLC, further stated that the donation is in furtherance of an MoU signed with Wheat Farmers Association of Nigeria in 2016 to purchase all available wheat grain produced by farmers in line with agreed quality parameters and prevailing market prices.

“In 2017, FMAN fulfilled its promise by purchasing over 2,400 metric tonnes of wheat valued at N469 million and in 2018, even before the start of harvest, we have purchased over 1600 metric tonnes of wheat valued at N237 million.

“Also, as part of the implementation of the agreement, FMAN presented the sum of N20 million, as Research and Development Grant to the Lake Chad Research Institute to conduct research into enhanced wheat farming technology and modern agronomy practices aimed at improving wheat varieties with good yield,” he said.

Coumantaros assured the farmers that the association would continue to invest effort and resources on initiatives that would improve local supply chain, promising that the association is fully committed to ensuring that the nation`s aspiration aimed at achieving self-sufficiency in wheat production is attained.

Receiving the wheat threshers on behalf of the farmers, Salim Saleh Muhammad, national president, Wheat Farmers Association of Nigeria (WFAN), thanked the Milling Association for the donation.   

Saleh said the equipment would go a long way in boosting the operation of the farmers, most of whom, before now, were harvesting their cultivated wheat manually, which results in poor market quality of their product.

Meanwhile, business.a.m noted that the benefiting farmers are drawn from the wheat growing belts of Kano, Jigawa, Katsina, Sokoto, and Kebbi

Previous Post

Delta says ready for investors as Asaba Airport receives second international flight

Next Post

All inclusive, private sector driven economy must for Ihedioha in Imo

Next Post

All inclusive, private sector driven economy must for Ihedioha in Imo

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 2026
Bedrock Residences appoints Kofo Ati-John as chairman

Bedrock Residences appoints Kofo Ati-John as chairman

February 14, 2026
Nigerian Breweries rated ‘buy’ as analysts see stronger earnings demand driving recovery

Nigerian Breweries returns to profitability with N99bn net income

February 14, 2026
Nigerian Bottling Company advances youth development as 2026 #YouthEmpowered opens at UNILAG

Nigerian Bottling Company advances youth development as 2026 #YouthEmpowered opens at UNILAG

February 14, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Credit constraints, price volatility cloud agribusiness outlook

Credit constraints, price volatility cloud agribusiness outlook

February 15, 2026
Bedrock Residences appoints Kofo Ati-John as chairman

Bedrock Residences appoints Kofo Ati-John as chairman

February 14, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M