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Alternative Bank Hands Over Alfalfa Cultivation Project to PLASU, Targets Sustainable Livestock Farming in Plateau

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The Alternative Bank has officially handed over the Alfalfa Cultivation Project to Plateau State University (PLASU), reinforcing its commitment to agricultural innovation and sustainability through strategic corporate social investment (CSI) framework.

The initiative, developed in collaboration with PLASU and agricultural experts, is aimed at deepening research into the local cultivation of Alfalfa—a nutrient-rich forage crop with the potential to transform Nigeria’s livestock value chain.

The project, initially piloted in partnership with sector experts and PLASU, provides critical insights into optimising local Alfalfa cultivation for scalable impact.

With this handover, PLASU will spearhead further research and development while engaging the Plateau State Government to explore widespread implementation. The Alternative Bank will continue to provide funding and strategic support to ensure long-term success.

Speaking on the significance of this initiative, Group Head, Structured Trade and Commodities Finance, The Alternative Bank, Mr. Gbenga Awe,  stated: “This partnership is not just about cultivating Alfalfa. It’s about building a sustainable ecosystem.”

He added that the bank had invested in key infrastructure to ensure the  project’s success, highlighting the University’s ambitious target of 10 tons per hectare in Alfalfa yield.

Also speaking, Acting Vice Chancellor, PLASU, Prof. Shedrack Gaya Best,  highlighted the milestone in the university’s legacy of agricultural development, saying: “This is a great day for us. Bokkos has a rich history in livestock, and this project reinforces our commitment to innovation and impact.”

Representing the Federal Ministry of Livestock Development, Special Adviser on Knowledge Management and Communication, Richard Mark Mbaram,  called the initiative a model for national replication.

“This project reflects the vision of the administration of President Bola Ahmed Tinubu to grow the livestock sector’s GDP contribution and place youth and women at the center of that growth,” Mbaram noted.

On his part, Head, Corporate Social Investment, The Alternative Bank, Mr. Solomon Okonkwo,  emphasised the bank’s long-term vision for impact.

“Beyond financial services, our mission is to drive meaningful change through investment in strategic sectors. Agriculture is a cornerstone of national development, and we believe research-driven  solutions like this will empower farmers, boost food security, and contribute to economic resilience,” Okonkwo said.

The bank explained that the handover marks a milestone in corporate-academic collaboration, demonstrating how research-backed initiatives can reshape the agricultural landscape.

“With the Alfalfa Cultivation Project now under PLASU’s leadership, stakeholders anticipate groundbreaking advancements that will serve as a catalyst for sustainable livestock farming in Nigeria,” it said.

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NIGERIA HAS LOST ITS WOMEN’S FOOTBALL ADVANTAGE — AND AFRICA IS CATCHING UP FAST

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For more than three decades, Nigeria’s Super Falcons were the standard of African women’s football.

Ten Women’s Africa Cup of Nations titles. Every FIFA Women’s World Cup from the beginning of the competition. Generations of players who dominated the continent.

Read Also: 14th Women AFCON: Swart’s heroics foil Super Falcons’ search for World Cup ticket

But that era has now reached a disturbing turning point.

For the first time in the history of the FIFA Women’s World Cup, Nigeria will not be at the tournament.

South Africa’s 2–1 victory over the Super Falcons in Casablanca on Thursday ended Nigeria’s final route to the 2027 World Cup.

But perhaps this should not be viewed simply as a failure of the Super Falcons.

Perhaps it is the clearest evidence yet that the rest of Africa has finally caught up.

Look at Malawi.

The Scorchers were appearing at the WAFCON for the first time in 2026. They did not come merely to make up the numbers. They reached the semi-finals and secured Malawi’s historic first-ever Women’s World Cup qualification.

Look at Morocco.

The country has invested heavily in women’s football, and AS FAR has become a continental force, winning the CAF Women’s Champions League in 2025 and earning the right to represent Africa at FIFA’s inaugural Women’s Champions Cup.

Look at South Africa.

Banyana Banyana have transformed themselves from challengers into African champions and have now defeated Nigeria when a World Cup place was on the line.

And across the continent, CAF says women’s football is being strengthened through coaching education, better administration, grassroots development, refereeing and more structured domestic leagues.

This is the part Nigerians must understand.

Africa did not wait for Nigeria to remain dominant.

Other countries started building.

For years, Nigeria had an enormous advantage because many of our best players grew up playing together for long periods, particularly through the domestic system and national-team pathways.

The Super Falcons of previous generations were not simply eleven talented Nigerians assembled for a tournament.

They were products of a football culture that continuously produced players.

Today, that advantage is much smaller.

And there is another uncomfortable reality: Nigerian players are increasingly finding opportunities in women’s leagues outside Nigeria, while African leagues are becoming more organised and competitive.

CAF’s Women’s Champions League has also created a continental platform with meaningful financial rewards; participating clubs received at least $150,000 in the 2024 edition, while the winners received $600,000.

So perhaps the question is no longer:

“Why did the Super Falcons fail?”

The bigger question is:

“Why did Nigeria stop developing faster than the countries chasing us?”

We should support the Falcons.

We should respect the players.

We should recognise their achievements.

But we must also recognise what this moment represents.

Nigeria has won ten WAFCON titles. That history is extraordinary.

But history cannot qualify a team for the next World Cup.

Systems do.

Leagues do.

Academies do.

Coaching structures do.

Investment does.

Player development does.

And if Nigeria does not rebuild those foundations, the Super Falcons’ absence from Brazil may not remain a once-in-history event.

THE SUPER FALCONS HAVE NOT SUDDENLY BECOME A BAD TEAM. AFRICA HAS SIMPLY STOPPED WAITING FOR NIGERIA.

The real alarm is not that Nigeria lost to South Africa.

The real alarm is that the countries Nigeria used to look down on are now building football systems capable of defeating Nigeria when it matters most.

This should not be a blame game.

It should be a wake-up call.

NIGERIA DID NOT LOSE WOMEN’S FOOTBALL IN ONE MATCH. WE MAY HAVE BEEN LOSING THE ADVANTAGE FOR YEARS.

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Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance

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BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National Insurance Commission (NAICOM) as compliant with the Minimum Capital Requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

This final batch of approvals formally completes the nation’s insurance recapitalization exercise, bringing the total roster of fully capitalized operators in Nigeria to 48 insurance companies and two reinsurance companies.

See details below:

List of Additional Insurance Companies that Complied with the MCR Prescribed by NIIRA 2025

The post Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance appeared first on Business Today NG.

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