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Invest In Soya Beans Value Chain To Gain Financial Freedom

Soya beans farming is another agribusiness that has the potential to make you fantastically rich.

Soya bean or in the US parlance, soybean is a leguminous crop that originated from eastern Asia where it is an essential part of their diets, but was said to have been introduced to Ibadan, Nigeria in 1908.

Nigeria has since risen to be the largest producer of the crop in sub-Saharan Africa.

Soybean grows well in many states of the federation. It grows very well in states such as Benue, Taraba, Kaduna, Plateau, Niger, Nasarawa, Jigawa, Kebbi, Sokoto, Zamfara, Kwara, Abuja, Bauchi and Borno. It has also been found to do well in the South East, South South and South West regions of the country.

soya beans farming
soya beans farming

However, most of the soybeans producers in Nigeria are smallholder farmers. But in countries like South Africa, Zambia and Zimbabwe, soya beans farming are cultivated on a large scale and in commercial quantity as well. They are also grown in other parts of the world especially in South and North Americas. The US accounts for 32 percent of world total production, Brazil 31 percent and Argentina 18 percent.

Soya bean is a very important global crop because of its chemical composition of over 36 percent protein, 30 percent carbohydrates, dietary fibre, vitamins and mineral salts.

It plays important role in fighting malnutrition, especially protein deficiency Africa where animal protein is hard to come by poor masses. Of all crops that are sources of protein, soybeans are the only one that provide cheap and high quality protein comparable to that of meat, poultry and eggs. Soya beans still have a number of other beneficial health effects such as prevention of breast and prostate cancers.

Uses (Soya Beans Farming)

Dry soya beans are used to produce flour and milk substitutes. The bean curds are fried and eaten as snacks or breakfast. Soybean meal is very important because it is fat-free, and a cheap source of protein to both humans and animals.

Soybean products are essential ingredients in meat and dairy products. They also contain significant dietary minerals and vitamins necessary for healthy living. Vegetable oil extracted from soya beans are used in industrial applications. It consists of 20 percent oil and so very useful in producing edible oil.

Varieties (Soya Beans Farming)

Soya bean is a crop with long domestication from wild species to modern variety and so has many cultivars. Each region has a particular species and used for a particular purpose. For instance, perennial soya bean which originated from Africa is widely used as pasture crops. Meanwhile, the International Institute of Tropical Agriculture has developed high-yielding, rust-resistant, soil deficiency tolerant varieties.

One can seek expert advice in this regard. Soya bean crop bears a hairy pod that grows in clusters of between three and five with each pod containing two to four seeds.

The seeds have variety of sizes and colours such as brown, black, blue, green and yellow. The mature bean is hard and water-resistant. It protects the cotyledon from damage.

Cultivation (Soya Beans Farming)

Select soya beans seeds suitable to the climatic condition in your locality. If you are in the Northern region, go for variety that has short duration for maturity.

READ MORE: How To Set Up Soymilk Mini Factory

Clear the land and employ farm hands if you are not privileged to use tractor for planting. You can raise beds for your planting or you make ridges. Select good seeds for your planting. Note that seeds with cracks will not germinate.

Ensure that you weed at the appropriate time to get maximum yield. Apply fertilizer where necessary. Part of the problems of soya beans farming in this clime is low yields due to shortage of fertilizer. But, with the accelerated attention being given to agriculture now in the country, farming input such as fertilizer may soon be overcome.

Another problem that the IITA has addressed is high cost of cultivation and harvesting occasioned by manual labour. It has adapted some farming techniques and processing machines to reduce the drudgery involved in farming.

Consumption

Soya beans are eaten whole. The bean curd can be fried and eaten as a snack or breakfast food. Dry soybeans are used to produce milk substitutes and flour.

Nigeria is equally the largest consumer of soya beans in Sub-Sahara Africa followed by Uganda. Reports have it that worldwide consumption of soybean is nearly 11 million tons.

Disease and Pests

Many diseases attack soybeans. They are rust caused by fungus and attacks and destroys the plant leaves. Others are red leaf blotch, frog-eye leaf spot, bacterial pustule, bacterial blight and soybean mosaic virus. For pests, there are pod and foliage feeders, bean flies and nematodes.

The IITA has also developed species resistant to all these diseases and how best to tackle the pests. Make inquiries.

Harvesting

Soybean crop matures and can be harvested between 100 and 150 after planting, depending however, on the variety. Before harvesting, ensure that you have ready market for the produce. A little market research will aid you in your produce distribution and to determine where you will get good price for your produce.

Processing

Soybeans contain some toxic compounds that require prolonged soaking and cooking. However, in the western world, they are processed into a number of products such as soymilk, soy flour, soy sauce and soybean oil.

Apart from farming, you can invest in producing soymilk, soy flour or soybean oil. I bet you, it is a win-win situation for all of them. So go ahead and not only employ yourself but also others. The sky is your limit.

Profitability

The demand for soybeans has greatly increased because of the rapid growth in the poultry industry and therefore created a demand-supply gap that has to be filled by imports. Determined people can larch on this to go into commercial soybeans farming to fill the gap and make a lot of money for themselves.

Besides, one can go a step further and think big by expanding the farm to produce more for export to earn dollars and pounds sterling. Or you go into processing as discussed earlier. Join the pioneers of this revolution to export agro-allied products to diversify this import-dependent economy. Right on, you will succeed!

 

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Ogbeh Did Not Shun US/Nigeria Investment Summit, Says FMARD

Ogbeh Did Not Shun US/Nigeria Investment Summit, Says FMARD

The Federal Ministry of Agriculture and Rural Development (FMARD) has refute claims widely reported in the media that Audu Ogbeh, Minister of Agriculture & Rural Development failed to attend the recently held Nigeria-US Investment summit in Washington DC.

This was stated in a statement made available to BusinessDay by the Ministry of Agriculture and Rural Development.

The media report was attributed to Alhaji Lamido Sanusi, Emir of Kano who reportedly berated some ministers for not attending the Nigeria/US summit, which the Emir described as a negative pointer to potential investors.

Ogbeh Did Not Shun US/Nigeria Investment Summit, Says FMARD

The statement indicated that Ogbeh was not invited to the summit by the organisers, which did not necessitate the minister to be in attendance and seeking clearance from the presidency to attend.

“It is worth reiterating that Ogbeh was in Nigeria attending to his official duties and did not travel to Washington DC with the Federal Government delegation, as he is not one of the government officials that statutorily attend International Monetary Fund IMF meetings,” the statement signed by Tolu Makinde, director of information, FMARD states.

This explanation is necessary to reiterate the determination of the Ministry to attract foreign investment into the Nigerian agricultural sector in order to attain our national agricultural objectives, as well as correct any wrong perception of tardiness, lack of seriousness or dereliction of duty that the said story is capable of creating in the minds of the public,” Makinde added.

Commercialise Products To Generate Income, Lokpobiri Urges Research Institutes

Sen. Heineken Lokpobiri, the Minister of State for Agriculture and Rural Development, has advised research institutes to commercialise their research and agricultural products to boost Internally Generated Revenue (IGR).

A statement by the Deputy Director in the ministry, Mrs Julie Osagie Jacobs in Abuja on Wednesday, said the minister made the call during a tour of research institutes at Ahmadu Bello University (ABU), Zaria, Kaduna State.

Jacobs quoted Lokpobiri as saying “commercialisation of research products would ensure sustainability of institutes

He said government alone could not provide the required funding for the institutes, hence the need for them to commercialise their products.

The minister visited the Institute for Agricultural Research (IAR), National Agricultural Extension Research and Liaison Services (NAERLS) and the National Animal Production Research Institute (NAPRI) Zaria.Exporting plants

Lokpobiri urged the management of the institutes to partner donor agencies to support them in this regard, saying “if you don’t commercialise, you cannot maximise your potential.’’

The minister commended the achievements of the institutes despite challenges faced over the years.

He emphasised the need for further investment in research and manpower development to enable the country achieve self-sufficiency in food production.

He assured the people of Federal Government’s commitment to revitalise the agriculture sector and government’s continuous support to farmers through provision of fertilisers, herbicides and pesticides.

The Executive Director NAPRI, Prof. CAM Lakpini, on behalf of other directors of the institutes, informed the minister that plans were under way to partner the private sector to drive the commercialisation process.

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LASPARK To Begin Community Tree Planting

The Lagos State Parks and Gardens Agency (LASPARK) is to begin community tree planting across the 20 Local Government Areas (LGAs) and 37 Local Council Development Areas (LCDAs) of the state. The campaign has “Plant a tree”as its theme.

At its weekly management meeting, its General Manager, Mrs. Bilikiss Adebiyi-Abiola said the community tree planting, sensitisation and awareness campaign was in line with the sustainability of the green policy of the state, noting that it has become crucial to continuously reawaken the consciousness of the people to plant trees and combat the negative effects of climate change in their community.

The Lagos State Parks and Gardens Agency (LASPARK)
The Lagos State Parks and Gardens Agency (LASPARK)
Mrs Adebiyi-Abiola reiterated that when people continue to cut trees, they kill life, reduce biological diversity and cheat posterity. Therefore, the need to plant trees in our community is germane to healthy living.
She said the exercise would cut across the state with the National Youth Service Corps (NYSC), non-governmental organisations (NGOs), students, green compliance organisations, government institutions as well as community development associations (CDAs)/community development committees (CDCs).

The Lagos State Parks and Gardens Agency (LASPARK)
The Lagos State Parks and Gardens Agency (LASPARK)

This year’s programme flagged off at Agbado Oke-Odo LCDA last Saturday , while Epe LGA will host the event on May 5.

She said the programme will move to Surulere LGA on May 19. Other venues include Ikosi LCDA,June 3; Amuwo Odofin LCDA, June 17 and Ikeja LGA July 1.

Firm Rewards 100 Top Agro-Dealers

WACOT Nigeria Limited, a subsidiary of TGI Group, in Kano, has rewarded 100 of its top dealers for their efforts in marketing its products. They were rewarded with various gifts such as motorcycles, television sets, refrigerators with a car as the star prize.

Its Managing Director, Mr. Ujwal Senapati, who spoke at the ceremony, reiterated the company’s commitment to delivering only quality input, noting that “our strategy is to brand and promote the products in such a way that they make sales easier for our dealers

“We are also using this opportunity to recognise our sales team in our branches across the nation. Without them, none of these would have been possible. Our people are our biggest assets and we will continue to appreciate their efforts in every way we can,”he said.

WACOT Nigeria Limited

TGI Group General Manager, Corporate Affairs, Mr. Sadiq Kassim, said: “We pride ourselves in being able to engage our stakeholders at every level, and our dealers are not left out of this.

“While the rewards are a way of us giving back to them and encouraging them, the joy for us is being able to sit in a room with them to hear directly from them how our products are doing in the market, and ways in which they want us to improve.”

He added that the rewards for the dealers in various categories ranged from motorcycles, television sets, and refrigerators to a brand new car as the grand prize, pointing out that in Gombe State, due to a tie in the performance, two grand prizes were given out. He said WACOT has rewarded over 100 dealers across the country. According to him, WACOT started as a cotton genary company 20 years ago, “but today, we can be proud of buying over 500, 000 tonnes of maize, soybeans and sesame”.

 

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IITA And Partners Conduct First Proteomic Investigation In Plantain And Banana
April 30, 2018
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Scientists from IITA and partner institutions have carried out the first known proteomic investigation into plantain. The results of the study are featured in a paper, titled “The plantain proteome, a focus on allele specific proteins obtained from plantain fruits” by N.A. Campos, R. Swennen, and S.C. Carpentier. Proteomics entails the study of the expression of proteins in a cell or organism. This is important because proteins are responsible for both the structure and the functions of all living things.

IITA banana breeder Rony Swennen said the identification and public release of the plantain fruit proteome is an important step for plantain varietal selection and breeding. He said the research is important because little attention has been given to postharvest research in plantain, a staple especially in Central and West Africa and Latin America, which grows most of the world’s plantains.

IITA And Partners Conduct First Proteomic Investigation In Plantain And Banana
IITA And Partners Conduct First Proteomic Investigation In Plantain And Banana

Fruit development and maturation in plantain is hardly studied unlike in the more popular dessert banana. As a result, he said plantain suffers from many pests and diseases, although it is currently bred for higher yield. The acceptance of new plantain hybrids by farmers needs to be accelerated, hence the importance of better understanding the fruit physiology of plantain to develop hybrids that are more acceptable to consumers and have a better shelf life.

The proteomic research into plantain used an easy and reproducible procedure for protein extraction and identification, resulting in the first proteome (set of proteins) of plantain fruits. The results were compared with the proteome from the dessert banana Cavendish.

The scientists found that both the plantain and Cavendish cultivars were relatively close genetically but showed contrasting phenotypic or physical differences such as size, texture, color of fruit, and flavor. These characteristics, the scientists said, comes from a different physiology and maturation process.

IITA And Partners Conduct First Proteomic Investigation In Plantain And Banana
IITA And Partners Conduct First Proteomic Investigation In Plantain And Banana

The plantain fruit preserves more starch for longer periods than sweet banana. The type of starch also differs. According to the scientists, there are two types of starch in banana: resistant starch (RS) and non-resistant starch. This classification is linked to the capacity to be digested by the human body. Plantain degrades RS faster, but at maturation, is richer in resistant starch.

The paper concluded that an improved understanding of the fruit maturation process may yield benefits for public health, farming, and agricultural business

The study was conducted as part of a collaboration of researchers from IITA, the Laboratory of Tropical Crop Improvement, Division of Crop Biotechnics, Katholieke Universiteit, Belgium, and SYBIOMA: Facility for SYstems BIOlogy based MAss spectrometry, KU Leuven.

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FUNAAB Flags Off 2018 Entrepreneurial Vacation Training
April 27, 2018
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FUNAAB: The University’s Centre for Entrepreneurial Studies (CENTS), Federal University of Agriculture, Abeokuta (FUNAAB), has flagged-off its 2018 Vacation Training for interested students of the University.

Admonishing the participants during an orientation for the new trainees, Dr. Elizabeth Oluwalana, the Deputy Director, CENTS, enjoined them to put in their best and learn from various skill teachers.

According to her, FUNAAB being an agriculture-based University strives to add value to the lives of its students, stressing that there is a lot to learn as the Centre is making efforts to go into partnership with the likes of Bank of Industry and the Dangote Foundation, among others, in order to assist the trainees to have access to soft loans when they deem it fit to establish their business.

Dr. Oluwalana noted that CENTS is not a place where students go to deceive themselves, but to acquire skill in order be better off in the society.

Corroborating her, another top member of the staff of the Centre, Mr. Olajide Olaiya, said that every skill acquired by individual will afford him or her opportunity to learn how to create wealth, be an employer of labour and carve out a niche among his or her peers. The training is meant to hold throughout the period of the academic break.

In another development aimed at promoting and sustenance of peace on the campus, the management of the university recently paid a courtesy call on security agencies in the state to seek support in the areas of proactive security measures, sharing of information and intelligence, as well as sustaining the peace being enjoyed on campus and neighbouring communities.

Speaking at the office of the Ogun State Commissioner of Police, Mr. Ahmed Illiasu, the Vice-Chancellor, Professor Kolawole Salako commended him and his officers for ensuring peace and stability in Ogun State and the University, in particular, adding that truly police is everyone’s friend.

Professor Salako, who noted that there was no way a society could exist without having some deviants, adding that the main purpose of the visit was to seek more support towards combating crime.

Responding, the Ogun State Commissioner of Police, Mr. Ahmed Illiasu reiterated the importance of academics to the development of the society, adding that one of the essences of education was orderliness and should be bequeathed to the upcoming ones.

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FG begins Ogoniland clean-up August – HYPREP
April 24, 2018
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FG begins Ogoniland clean-up August – HYPREP

The Federal Government is  to begin the remediation phase of oil impacted sites in Ogoniland in August, Dr Marvin Dekil, the  Coordinator of the Hydrocarbon Pollution and Remediation Project (HYPREP), has said.

Dekil  made the  disclosure on the sidelines  of  a medical outreach organised by HYPREP  in Nonwa-Tai, Rivers,  o

He said that government had  begun placing advertisement  in national and international newspapers inviting contractors to apply for remediation of 26 hydrocarbon impacted sites in Ogoniland.

According to him, the invitation is open to both local and foreign companies with requisite expertise and experience in the business.

“The delay in the take-off of the clean-up was as a result of contracting process as enshrined in the Procurement Act that is procedural.

“The exercise will involve  all the processes that we have put in place right from inception of the project coordination office in March 2017.

“Already, invitation for pre-qualification of contractors has been sent to local and foreign concerns. The remediation will be done only by experienced and best hands, both locally and internationally.

“We believe that engaging the best hands will enable us achieve the desired result of restoring the environment back to an acceptable standard,” he said.

Dekil added that advertisement  had also been made for the reconstruction of existing water facilities and construction of gas facilities in the affected communities.

He said HYPREP  had earlier invited companies to the impacted sites to demonstrate their expertise, technology and suitability for the clean-up.

The HYPREP boss pointed out that the demonstration exercise by the local and foreign companies was at no cost to government.

“We did not pay the companies or offer advantage to any of them that participated in the exercise. The demonstration exercise is for them to show their capacity.

“We are now in the contracting process where companies would be selected from those that participated in the demonstration exercise and those that did not.

“At the end, we will choose the best companies for the remediation,” he said.

Dekil added that HYPREP was targeting to treat about 20,000 indigent Ogonis of different ailment in the second phase of its medical outreach  in four local government areas.

He also  said that 100 surgeries would be performed on victims of hydrocarbon pollution in Ogoniland in line with the recommendations of the United Nations Environment Programme  Report.

The News Agency of Nigeria (NAN) reports that Ogoniland is made up of four local government areas consisting of Eleme, Gokana, Khana and Tai. (NAN)

n Friday.

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Pep Guardiola ready to sell £47.5m star to Liverpool, Arsenal
April 24, 2018
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Pep Guardiola ready to sell £47.5m star to Liverpool, Arsenal

Pep Guardiola is ready to sanction the sale of John Stones this summer, with Liverpool and Arsenal among the clubs thought to be keen on signing him, according to reports.

The English centre-back has found himself further falling down the pecking order since the arrival of Aymeric Laporte in January, having already been behind Vincent Kompany and Nicolas Otamendi.

City splurged £47.5million on the centre-half two years ago and would expect to recoup all of that fee with a sale but Guardiola is reluctantly willing to let him leave.

While he has talked up the 24-year-old regularly, Guardiola does not believe Stones has progressed enough to warrant a first-team place and he does not want to hinder the former Everton defender’s development, according to the Sun.

One stumbling block in any potential sale would be the cost of the deal for other clubs.

While Stones is keen to leave in search of first-team football, most teams would struggle to finance a move.

Arsenal are thought to be keen to land him, but are expected to only have a transfer budget of £50m.

Sports

Zverev up to third in ATP chart

Zverev up to third in ATP chart

Germany’s Alexander Zverev moved up a place to third behind Rafael Nadal in the latest ATP rankings published yesterday.

The 21-year-old displaced Marin Cilic after his progress to the Monte Carlo Masters semi-finals won on Sunday for the 11th time by Nadal.

In the final Nadal beat Japan’s Kei Nishikori, who jumped 14 spots to 22nd.

Swiss player Roger Federer is now second ranked player, Alexander Zverev is third, Marin Cilic is fourth, while Grigor Dimitrov completes the top five.

Arsenal chief want Manchester City coach as replacement for Arsene Wenger

Arsenal’s chief executive Ivan Gazidis – the man who will ultimately recommend a new head coach to owner Stan Kroenke – believes Mikel Arteta could be the man to replace Arsene Wenger, according to Sky Sports News.

Gazidis said the club needed to be “bold” in its search for a new manager and he believes that despite Arteta’s lack of managerial experience, the former Arsenal midfielder has the credentials to succeed in the role.

Arteta, a former Arsenal club captain, has a growing reputation as an innovative coach after working alongside Pep Guardiola at Manchester City.

Arsenal are yet to comment but Gazidis on Monday briefed 200 members of the club’s staff at the Emirates, explaining how the painstaking global search to find Wenger’s replacement will be carried out.

Arsenal, as a show of respect, avoided approaching potential candidates to succeed Wenger before his own announcement he would step down at the end of the season last Friday.

However, Gazidis, along with head of football operations, Raul Sanllehi and head of recruitment Sven Mislintat, will this week begin discussions with potential candidates.

Sky Sports News understands Sanllehi, the former director of football at Barcelona, favours his former colleague Luis Enrique as the man to take over from Wenger.

Enrique won two La Liga titles as well as the Champions League as head coach at the Nou Camp and is known to want to return to management at a top club as quickly as possible, ideally in England.

Arsenal’s third kingmaker, Sven Mislintat – who joined Arsenal from Borussia Dortmund in November – is reportedly keen on Hoffenheim manager Julian Nagelsmann and Schalke’s Domenico Tedesco.

Thomas Tuchel, who last month was the bookies’ favourite to replace Wenger, now looks set to join Paris Saint-Germain as Unai Emery’s replacement.

At this early stage, both Brendan Rodgers and Rafa Benitez are not thought to be strong candidates.

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How Plateau United saw ‘hell’ in Owerri – Dakup
April 24, 2018
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How Plateau United saw 'hell' in Owerri - Dakup

The management of Plateau United Football Club of Jos has condemned in strong terms an alleged physical assault meted out to its players and officials by the supporters of Heartland of Owerri after their Week 18 fixture which ended in a 1-1 draw at the Dan Anyiam Stadium on Monday.

In a statement by the Media Officer of the club,  Albert Dakup, claimed that technical crew and the players of his club have seen ‘hell’ as a result of the action of some of the Heartland FC’s supporters.
Dakup alleged that while these shameful acts were being perpetrated, the management of Heartland FC and the Imo State Football Association did nothing to protect the match officials, especially the centre referee,  who was beaten to a pulp.
“Apart from the injury inflicted on Peter Eneji, Plateau United’s cameraman,  Jonah Dadyiam was also assaulted. His camera was also damaged and a sum of N250, 000 meant for feeding for some of the team’s officials also got missing,” he said.
Dakup added that the Team Manager, Abel Iliya was not spared from the attack as he was chased around by the angry supporters of the home side and subsequently lost his Samsung Galaxy X7 mobile phone before he was rescued by some security operatives.
He said “As if that was not enough, Head Coach, Kennedy Boboye, who was attacked by the hoodlums at the stadium, was also attacked for the second time on his way to Port-Harcourt by suspected Heartland fans who apparently were angry with the draw. Boboye had to be rushed to the hospital before he was revived.”
He explained that if not for the timely intervention of an Assistant Commissioner of Police who led a team of his men to Plateau United’s hotel, the team would have been attacked by these hoodlums masquerading as supporters.
Dakup appeal to the League Management Company (LMC) to invoke the relevant section of its framework on Heartland in order to serve as a deterrent to others while those arrested should be made to face the full wrath of the law.

Champions League Preview: Liverpool take on Roma at Anfield

Champions League Preview: Liverpool take on Roma at Anfield

Tonight, Liverpool will take on Italian side, AS Roma in the UEFA Champions League last four encounter at Anfield. At the start of the season, it was almost inconceivable they will reach the Champions League semi-finals. They actually did without suffering a single defeat so far in the competition. 

The Romans benefited from away goal advantage to get past Barcelona in the quarter-finals and Liverpool should be weary of allowing them get that dangerous away goal.

Edin Džeko, with whom Salah will be very familiar, since seven out of Salah’s 15 assists last season were made to the big man, already scored a brace against Chelsea and grabbed a goal in both games against Barcelona.

Virgil van Dijk and Dejan Lovren will need to be on high alert for set pieces and crosses from the wing, which is how Eusebio Di Francesco’s men get their joy exploiting teams.

Sadio Mané and Mohamed Salah both started in Liverpool’s weekend match against West Brom. Mané was substituted out at 66’ while Salah played pretty much the whole game. Roberto Firmino, on the other hand, along with likely midfield starter Alex Oxlade-Chamberlain, only played the last 30 minutes against the Baggies. Three out of the four likely Liverpool starting defenders also got a break, with only Dejan Lovren making a short cameo at the end of the match.

While Salah has ran away with the goals record in the Premier League, Champions League statistics have been much more balanced for the team. Salah and Firmino both have eight goals to their names, with Mané right behind them with seven. Big James Milner leads the whole competition in assists, having set up his teammates seven times. Firmino is tied for second place with four, which, when added to his eight goals scored, means he’s been involved in twelve goals so far in Europe.

team news:

Liverpool likely Lineup (4-3-3) Karius; Alexander-Arnold, Lovren, van Dijk, Robertson; Milner, Henderson, Oxlade-Chamberlain; Salah, Firmino, Mané

Maybe there’s an argument to be made for Gini Wijnaldum to start in the midfield, but otherwise, Klopp’s side pretty much picks itself. With Joël Matip, Adam Lallana, and Emre Can all out for the rest of the season, Klopp’s choices are somewhat limited. Captain Jordan Henderson is thankfully available again after missing the away leg of the quarterfinals due to yellow card accumulation.

It will be another huge game for the fullbacks who have really proved their worth over the course of the season. Alexander-Arnold and Robertson seem set to start this one again, with Clyne still not quite ready. Alexander-Arnold, after taking care of Leroy Sané in the quarterfinals, will now be charged with nullifying the threat of Aleksandar Kolarov and cutting off his service to Džeko, likely with the help of the disciplined and enterprising Milner on the right.

Rick Karsdorp and Gregoire Defrel are injured for Roma, but Kolarov, Džeko, Alessandro Florenzi, and Daniele De Rossi were all rested at the weekend in preparation for their England trip.

What the Managers had to Say

Jürgen Klopp: “If anybody thinks this is the easiest draw, then I cannot help this person. They obviously didn’t see both games against Barcelona. In the first result, 4-1 was not how the game was – it was Lionel Messi genius against a good side of Roma.

“The second leg was outstanding, it was outstanding what they did. They should have probably won 4-0 or 5-0 – I was really impressed. It is just the draw and I know it is very exciting, but it is good because the most important news is we are still in the competition.”

Eusebio Di Francesco: “[Salah’s] qualities are very clear. Don’t forget that I prepared games against him in Italy, too. But the fact lots of our players know him well, that can be an advantage.”

 

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TCN inaugurates 100MVA transformers By Kayode Ekundayo, Lagos | Publish Date: Apr 24 2018 4:14AM
TCN inaugurates 100MVA transformers

The Transmission Company of Nigeria (TCN) has commissioned 100 MVA transformers at the 132/33KV Alimosho substation aimed to boost electricity supply to residents within Ikeja DisCo’s area of coverage.

Mr. Usman Mohammed of TCN, while commissioning the project in Lagos, said the company was concerned beyond increasing the quantum of power to the quality of electricity being supplie

Mohammed said  TCN was implementing the Transmission Rehabilitation and Expansion Programme (TREP) which sought to strengthen grid infrastructure for enhanced wheeling capacity that offered redundancy consistent with the requirements of N-1 reliability criterion.

He said TREP provided the necessary operational flexibility and reliable power delivery to the DisCos and other class of customers connected directly to the National Grid.

Mohammed said the upgrading of the 1X30MVA to a 1x100MVA transformer at the Alimosho 132/33KV transmission substation had raised the station output capacity from 160 MVA to 230 MVA.

“With this development, TCN has not only established adequate transformer capacity to serve these parts of Lagos, but has also provided the necessary redundancy in line with the requirements of N-1 reliability criterion at the Alimosho transmission  substation.

Electricity firms owe N8.892bn for February service charge

Electricity firms owe N8.892bn for February service charge

The Electricity Distribution Companies (DisCos) owe N8.892 billion for electricity supply services after the supply for February 2018, records from the Market Operator (MO), a section of the Transmission Company of Nigeria (TCN), have shown.

The payment update records for Service Providers charges in the Nigerian Electricity Market (NEM) indicate the Generation Companies (GenCos) delivered 2,179 megawatts per hour (mw/h) of electricity to the 11 DisCos in February and billed them N9.423bn.

The MO said it got N3.444bn from the DisCos and remitted same to the Service Providers, which include the System Operator (SO), MO – both of TCN, and the Nigerian Electricity Regulatory Commission (NERC).

There was N5.979bn as shortfall for February that was not paid for. This represents 60 per cent of the total amount due for payment in the month.

The MO also recorded another N2.913bn as the accrued interest on the DisCos outstanding balance. The combined debt for the month for service providers’ charges was pegged at N8.89bn,  Daily Trust learnt.

Meanwhile the DisCos owe N38.526bn as outstanding debt, including accrued interest on the debts by the end of January 2018. This is separate from the N8.89bn being owed for February 2018.

The breakdown shows that while N35.612bn is for the service providers’ charges, N2.913bn is for accrued interest.

The top debtors for the service charge and accrued interest is Ibadan DisCo, with N6.3bn, followed by Abuja DisCo, with N6.085bn.

In the middle are Port Harcourt which owes N4.043bn; Kano DisCo owes N3.978bn, Kaduna owes N3.939bn, Enugu owes N3.861bn, Ikeja owes N3.124bn and Jos DisCo owes N3.070bn.

Yola DisCo has the lowest debt of N60.273m, while Eko DisCo has N1.625bn and Benin, N2.431bn.

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SON bursts electric cable cloning syndicate in Lagos
SON bursts electric cable cloning syndicate in Lagos

The Surveillance Investigation and Monitoring (SIM) Unit of the Standards Organisation  of Nigeria (SON) has busted an electric cable cloning and faking syndicate located at the Alaba International Market in Lagos.

A statement released yesterday by the SON revealed that the team swooped on the syndicate inside the market with the aid of security operatives and effected the arrest of three suspects: Okwudili Ezenwa, Uche Rufus and Nonso Udechukwu in the act of counterfeiting electric cables and appliances

The Head of the SIM Unit, Mr. Isa Suleiman, said initial revelations indicated that the suspects were part of a ring of counterfeiters and fakers of popular brands of electrical appliances such as cables, electric cut-outs, electric switches and other items classified as life-endangering within the popular Alaba International Market.

We’re optimistic but vigilant on economy – Adeosun

We’re optimistic but vigilant on economy - Adeosun

The Minister of Finance, Mrs. Kemi Adeosun,  has expressed confidence that if the country  implements its  plans diligently, it can grow the economy to desirable levels.

Adeosun made the remark at a joint press conference by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the Nigerian office of the World Bank  (WB) in Washington D.C.

She said, “We have headroom to grow, so what we all need to do is to come together. I think that’s where NEC will be really important. All these roads and rails now are now translating to real projects and jobs for our people. Just a road doesn’t create jobs, what creates jobs is for people to open businesses and take advantage of opportunities and go the next mile. That’s why we need the state governments and tghe private sector to key into specific projects we are diversifying. We don’t want that anymore. Which project, where?

“We are confident that by 2019 the growth will be far more robust than what we have now if we can remain optimistic but vigilant.”

On debt rebalancing, Adeosun emphasised that at the take-off of this administration, 80 per cent of the country’s debt was short-dated with a tenure of two years or less.

“Interest was compounding on debt service to revenue. So what we did was to restructure, and we told the debt management office to stop issuing 90 days bill. Issue 180, 360 and bonds to reduce your interest cost,” she said.

She noted that most of what was owed was domestic and the interest rate was high as 19 to 20 per cent.  She said, “Today, what DMO is paying is around 13 per cent because we have restructured that portfolio, refined some into dollars.”

She noted that the Nigerian Government borrowing heavily and coming out of the domestic market was for the banks to be able to lend to the real sector.

“The real fiscal buffer is an economy that is growing strongly. That is the real shock absorber, and then we can weather the storm if there is a storm,” she said.

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