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Agric Transformation Looms: FG Eyes Record Soybean Output in Landmark 2-Year Plan
The Federal Government has unveiled an ambitious plan to cultivate one million hectares of farmland and produce 460,000 metric tons of soybeans within two years—part of a broader drive to strengthen food security, cut import dependence, and position Nigeria as a leading player in the global soybean market.....KINDLY READ THE FULL STORY HERE▶
The Minister of Agriculture and Food Security, Abubakar Kyari, announced the plan on Tuesday at the launch of the National Soybean Production Expansion Policy and Strategy.
“This goes beyond policy,” Kyari said. “It is about planting the seeds of a food-secure and globally competitive Nigeria. Our target is to cultivate one million hectares of farmland and deliver 460,000 metric tons of soybean grain to the market within two years.”
Kyari explained that Nigeria currently produces around 1.35 million metric tons of soybeans annually, while domestic demand has surged past 2.7 million metric tons, driven by rapid growth in food, feed, and industrial sectors.
“This supply gap is both a challenge and an opportunity to expand production, strengthen processing capacity, and create jobs,” he noted.
Highlighting soybeans as both an economic and nutritional powerhouse, Kyari said:
“Soybean contains about 40 percent high-quality protein and essential amino acids, making it crucial in tackling malnutrition and improving household diets. Nigeria’s soybeans are naturally non-GMO, giving us a competitive edge in premium markets where demand for non-GMO products is rising.”
He stressed soybeans’ critical role in local industries, particularly animal feed, where about one-third of Nigeria’s production goes into poultry feed, comprising 20–25 percent of the mix.
“By boosting local production, we reduce reliance on imported feed ingredients, strengthen our poultry and aquaculture industries, and build a more resilient, self-sufficient food system that feeds our people while opening doors to global markets,” Kyari said.
He added that meeting these targets demands more than good intentions:
“Achieving these goals requires deliberate, collaborative execution. Through supportive policies, strategic collaboration, and targeted interventions, we will strengthen the soybean value chain and make it truly competitive.”
Benue at the Heart of the Push
Benue State Governor Hyacinth Alia, speaking at the event, described the launch as a turning point:
“This is not merely to inaugurate a policy, but to ignite a national transformation that promises prosperity, resilience, and hope for millions.”
According to Alia, the national strategy aims to generate ₦3.9 trillion in annual revenue, create one million jobs across 22 states and the FCT, and transform Nigeria into a global agricultural powerhouse.
He declared Benue State the “linchpin of this vision,” citing its historic leadership in soybean cultivation since the introduction of the Malayan variety in 1937.
“From exporting 9 tons in 1947 to producing over 15,000 tons by the 1960s, Benue has set benchmarks for excellence,” Alia said. “Today we cultivate a significant share of Nigeria’s 780,000 hectares of soybeans and contribute heavily to the nation’s 758,000 metric tons annually. Yet our greatest achievements are still ahead.”
Alia projected that with ongoing initiatives, Benue would double its soybean output from 202,000 to at least 400,000 tons within three years, adding significant value to the national target while empowering thousands of households.
Over the next three years, more than 200,000 farmers in Benue will gain access to high-yield, disease-resistant seeds.
“Our Soybean Seed Multiplication and Distribution Programme will raise average yields from 1.2 to up to 3 metric tons per hectare. We’re deploying extension officers, creating mechanisation clusters, and training farmers in best practices and climate-smart agriculture,” Alia explained.
Benue’s Open Farmland Initiative will unlock 30,000 new hectares through public-private partnerships and investor-friendly incentives to drive large-scale commercial production.
The state’s flagship Benue Food City Complex is set to process at least 50,000 metric tons of soybeans annually, supported by new silos, aggregation centres, and digital tracking systems to minimise post-harvest losses and stabilise prices.
“We are developing new silos and aggregation centres with export partnerships and quality certification that will open regional and BRICS+ markets to Benue soybeans,” Alia said.
He added that these efforts would generate over 100,000 jobs across farming, logistics, processing, and trade:
“Our young, ambitious, and industrious population will benefit directly. The expected net income for our farmers stands at nearly ₦40,000 per hectare.”
Latest News
Tears For A Titan: Family Unveils Emotional Three-Day Funeral Plan For Iconic Actor Kola Oyewo!.
The funeral arrangements for the celebrated Nigerian actor, theatre scholar, and traditional ruler, Chief Dr. Adekola Gabriel Oyewo (Kola Oyewo), have been finalized by his family, with interment scheduled for Friday, August 7, 2026, in Osun State. The veteran actor passed away at age 80, leaving behind a legacy as a prominent figure in stage, television, and academia.....KINDLY READ THE FULL STORY HERE▶
The three-day farewell, organized by the Balogun Oyekola Oyewo Memorial Committee, follows this schedule:
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Wednesday, August 5, 2026: A wake-keep and service of songs will be held at St. Mary’s Catholic Church, Igboya, Ile-Ife.
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Thursday, August 6, 2026: A commendation mass is scheduled at St. Mary’s Catholic Church, followed by an artistes’ night at the Obafemi Awolowo University (OAU) Oduduwa Hall. An exhibition celebrating his works and photographs will also open at the Pit Theatre, African Studies Building, OAU, running through Friday.
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Friday, August 7, 2026: After a morning departure from his residence, a requiem mass will take place at St. Joseph Catholic Church, Oba-Ile. He will be laid to rest in a private ceremony at 12:45 p.m. at Labaluyegbe Villa, followed by a reception at Aderonmu Grammar School Field.
The Bangbola Oyewo family of the Ese-Ola Royal House remembered him as a beloved family man, traditional leader, and an inspiration to generations of theatre practitioners. His passing is regarded as the end of an era for the Nigerian theatre community, where he served as an Associate Professor of Drama and a long-standing mentor.
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Nation In Shock! Herders’ King Brutally Murdered: Cops Race Against Time To Catch Killers!.
Authorities have initiated a comprehensive investigation into the murder of Risku Mohammed, the Benue State Chairman of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), and his associate, Yakubu Isa. The two men were reportedly ambushed by unidentified attackers near Ahimeni in the Okodu area while traveling back from a peace summit in Otukpo.....KINDLY READ THE FULL STORY HERE▶
Benue State Commissioner of Police, Cletus Nwadiogbu, condemned the act as a “senseless and criminal” effort to destabilize local peace and security. Through PPRO DSP Udeme Edet, the Commissioner announced that tactical and intelligence teams have been mobilized to hunt down the perpetrators. CP Nwadiogbu has urged the public to avoid spreading rumors or pursuing vigilante justice, instead appealing for any useful information to be shared with the police to assist in the swift arrest and prosecution of those responsible.
Option 2: Concise News Style
Police in Benue State are hunting for the gunmen who killed MACBAN State Chairman Risku Mohammed and Yakubu Isa. The victims were attacked near Ahimeni in the Okodu area while returning from a peace meeting in Otukpo.
State Commissioner of Police Cletus Nwadiogbu denounced the killings and vowed that the command would “leave no stone unturned” in bringing the culprits to justice. Tactical units have been deployed to the area to track down the assailants. The Commissioner extended his condolences to the bereaved families and called on residents to remain calm, law-abiding, and to report any leads to the nearest police station. He reiterated the command’s firm commitment to ensuring the safety of all citizens and holding the criminals accountable.
Option 3: Action-Oriented
Following the tragic assassination of Benue MACBAN Chairman Risku Mohammed and Yakubu Isa, the State Police Command has launched a full-scale investigation. The victims were killed by unknown assailants near Ahimeni, Okodu, following a peace engagement in Otukpo.
Commissioner of Police Cletus Nwadiogbu has directed tactical and intelligence units to track down and arrest the attackers immediately. In a public statement, the command emphasized that such criminal acts will not be tolerated and that every effort is being made to secure justice for the victims. The public is encouraged to assist the investigation by reporting any relevant information through official channels and is cautioned against fueling tensions by sharing unverified reports.
Latest News
Currency Watch: Dollar Holds Firm Against Naira At ₦1,378 Amid Economic Uncertainty!.
On June 26, 2026, the dollar-to-naira exchange rate at the Lagos parallel market, commonly referred to as the black market, saw sellers offering the dollar at ₦1402, while buyers were purchasing it at ₦1391, according to Bureau De Change (BDC) sources. It is important to note that the Central Bank of Nigeria (CBN) does not officially recognize this market and advises individuals to conduct foreign exchange transactions through their respective banks.....KINDLY READ THE FULL STORY HERE▶
Additionally, the CBN’s official rates for the same period ranged from a high of ₦1385 to a low of ₦1376. Please be aware that actual transaction prices may vary and might differ from the figures provided in this report.
Exchange Rate Summary (June 26, 2026)
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Parallel Market (Selling): ₦1402
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Parallel Market (Buying): ₦1391
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CBN Official Rates: ₦1376 – ₦1385
What specific aspect of the current foreign exchange market or its impact on consumer trends would you like to discuss further?
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