Business
Nigeria Ranks 14th out of 50 Most Agricultural Land globally
The ranking highlights where the world’s largest agricultural footprints are located, spanning major producers across Asia, Africa, and the Americas.
Nigeria has been ranked the fourteenth country among the top 50 Most Agricultural Land in the world.
Agricultural land spans more than 18 million square miles worldwide, forming the foundation of global food production.
In a data analysed by Visual Capitalist using the most recent FAO data compiled by the World Bank, China has the most agricultural land in the world, with roughly 2.0 million square miles.
The United States (1.6 million), Australia (1.4 million), Brazil (914,000) and Russia (832,826) round out the top five countries worldwide.
Each of these countries specialises in different crops.
For example, the U.S. is the world’s largest producer of corn, while Brazil is the top grower of both soybeans and sugarcane.
Meanwhile, Australia has overcome its mostly arid geography to become a major wheat and cereals grower, rivaling major producers like India (689,000) and Ukraine (160,000).

In the data, Asia and Africa account for a large share of the top 50 countries by agricultural land area.
African countries make up nearly half of the top 50 countries worldwide by square mileage of agricultural land area. They’re led by larger countries like Sudan (435,000), South Africa (372,000), and Nigeria (268,000).
The ranking highlights where the world’s largest agricultural footprints are located, spanning major producers across Asia, Africa, and the Americas.
Each of these countries specializes in different crops.
For example, the U.S. is the world’s largest producer of corn, while Brazil is the top grower of both soybeans and sugarcane.
Meanwhile, Australia has overcome its mostly arid geography to become a major wheat and cereals grower, rivaling major producers like India (689,000) and Ukraine (160,000).
Africa’s Growing Desert ProblemAfrican countries make up nearly half of the top 50 countries worldwide by square mileage of agricultural land area.
They’re led by larger countries like Sudan (435,000), South Africa (372,000), and Nigeria (268,000).
As with peers in Eurasia and the Americas, African agriculture is increasingly facing challenges from climate change.In particular, the growing desertification problem is reducing countries’ agricultural land, especially in the Sahel region, as temperatures rise and soil becomes less fertile for growing crops.
Over-farming and over-grazing are exacerbating regional soil erosion and deepening desertification.
Business
Nigerian Lawmakers Demand Arrest of World Bank Official Calling for Reinstatement of Petroleum Import Licences
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
The House of Representatives Committee on Petroleum Resources (Downstream) has call for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences.
The Committee described the recommendation as a reckless move capable of undermining Nigeria’s indigenous refining capacity.
In a formal resolution, the Committee condemned the World Bank report, which claimed that imported petroleum products are 12 percent cheaper than those from the Dangote Refinery.
It rejected the position as contrary to Nigeria’s national economic interest and an unacceptable interference in the country’s sovereign petroleum policy.
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
It further demanded that the staff member responsible for the report be relieved of their duties and subjected to investigation.
Business
Senate approves Tinubu’s $516.3m loan
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
The Senate has approved the $516.3 million loan requested by President Bola Ahmed Tinubu.
The money will be used for the construction of the Sokoto-Badagry Superhighway (Section One, Phase 1A and B).
The approval was given on Wednesday after the Senate considered the report of its Committee on Local and Foreign Debts.
The committee, chaired by Senator Magatagarda Wamakko, recommended the approval of the loan.
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
Business
Ibukun Awosika resigns from Cadbury board
The resignation takes effect from May 1, 2026, according to a statement signed by the company secretary, Afolasade Olowe.
Ibukun Awosika has resigned from the board of Cadbury Nigeria Plc, after more than 16 years of service.
The resignation takes effect from May 1, 2026, according to a statement signed by the company secretary, Afolasade Olowe.
The board expressed appreciation for her contributions since joining as a Non-Executive Director in October 2009 and noted that a replacement would be announced in due course.
-
News1 day agoFG declares May 1 public holiday to mark Workers’ Day
-
News1 day agoTinubu moves Bianca Ojukwu to foreign minister
-
Politics21 hours agoBREAKING: Supreme Court Again Voids PDP’s Ibadan Convention In The Second Appeal
-
Business1 day agoIbukun Awosika resigns from Cadbury board
-
Business1 day agoSenate approves Tinubu’s $516.3m loan
-
News1 day agoTinubu designates Rabiu Umar new CEO of NMDPRA
-
International1 day agoUS war in Iran has cost $25 billion so far, says Pentagon official
-
Politics1 day agoSupreme court rules on ADC and PDP crisis today
