Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

    May 24, 2025

    TIME100 Impact Dinner: Dangote In Attendance, Promises Greater Commitment To Less Privileged

    May 24, 2025

    Jon Stewart Speculates on Trump’s “Endgame,” Citing “Protection Money” Pattern

    May 24, 2025
    Facebook Twitter Instagram
    Megastar Magazine
    • Politics

      Jon Stewart Speculates on Trump’s “Endgame,” Citing “Protection Money” Pattern

      May 24, 2025

      FG summons: Natasha’s lawyers, promise defence with ‘factual evidence

      May 24, 2025

      Nigerian Government Files Criminal Charges Against Senator Natasha Akpoti-Uduaghan Over TV Interview Allegations

      May 22, 2025

      Akpabio Predicts Unification of Akwa Ibom Politics Ahead of 2027 Elections

      May 17, 2025

      LASIEC gives dates for local elections

      April 12, 2025
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Lifestyle May 24, 2025

      Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

      Recent

      Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

      May 24, 2025

      Laide Bakare speaks on redefining politics, asks for appreciation of entertainment industry

      May 24, 2025

      Grace-Charis Effah’s story from Nollywood to US Navy

      May 24, 2025
    • Business

      Wema Bank Shareholders Pleased with FY 2024 Performance, Confidence of Reliable Future at AGM

      May 23, 2025

      Access Bank Holds On To Nigeria’s Most Valuable Brand For Fourth Consecutive Year

      May 22, 2025

      Dangote speaks on importance of local investors to foreign investment

      May 22, 2025

      Premium Trust Bank remains resilient, assures customers of funds’ safety

      May 22, 2025

      CBN Proposes AI-Powered AML Framework for Financial Institutions

      May 22, 2025
    • Health

      Saudi Arabia Takes Free Eye Care Service To People Of Lagos

      May 22, 2025

      NAFDAC reiterates deadline for sachet alcohol

      May 19, 2025

      NDLEA adds two forensic labs to the existing, modernize Lagos

      May 12, 2025

      Falana Demands Probe into Alleged Mismanagement of $3.4bn IMF COVID-19 Loan

      May 11, 2025

      Gov Otti approves 100% doctors salary hike, MMA reacts with praises

      May 8, 2025
    • Culture

      Itsekiris, Yorubas are related from source –  Alaafin Of Oyo

      May 12, 2025

      Supposed misunderstanding between Alaafin, Ooni skeptical 

      May 4, 2025

      Aláàfin Ọ̀yọ́’s Coronation a giant leap in Yoruba renaissance – Olaopa

      April 5, 2025

      Anyaduba Pens Tributes To Trudeau Says His Cultural Inclusivity, Outstanding 

      March 10, 2025

      7th Omoluabi Festival, Ooni, Alaafin, Alake, Olowu Kuta, Peller, IGP To Speak On Regionalism, Peace Building and National Development 

      March 4, 2025
    • Lifestyle

      Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

      May 24, 2025

      Through the Valley of Shadows: A Pilgrimage to Zamfara

      May 22, 2025

      2025 TIME100 Philanthropy list; Dangote amongst.

      May 21, 2025

      Tunde Onakoya meets Prof. Wole Soyinka, discussion

      May 20, 2025

      The Economic Imperative: Repurposing Private Vehicles for Commuter Transport in Lagos

      May 11, 2025
    • Sports

      Kevin De Bruyne Hosts Farewell Party as Manchester City Departure Nears

      May 24, 2025

      Napoli Secures Fourth Serie A Title: Key Players Highlighted

      May 24, 2025

      Ballon d’Or 2025: See 22 African countries which qualify to vote

      May 23, 2025

      Luka Modric Announces Real Madrid Departure After Club World Cup

      May 22, 2025

      Troost-Ekong celebrity match expects Martins, Joshua, Osimhen to grace occasion

      May 22, 2025
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home»Business»How Nigeria Can Earn N1tn From Mushrooms Annually – Don
    Business

    How Nigeria Can Earn N1tn From Mushrooms Annually – Don

    Ifetayo AdeniyiBy Ifetayo AdeniyiApril 21, 20234 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    How Nigeria Can Earn N1tn From Mushrooms Annually – Don


    A mushroom plant scientist, Prof. Sami Ayodele, has urged the Federal Government to create an opportunity for farmers to embrace mushroom cultivation to serve as alternative means of farming and income generation for the country.

    Ayodele made the call in Abuja on Thursday while delivering the National Open University of Nigeria’s 22nd inaugural lecture with the topic: “Mushrooms: Friends or Foes.”
    He said it was imperative for the government to sensitise citizens on the benefits of mushroom cultivation for wealth creation and poverty alleviation.

    “It is imperative for the government to commence elaborate sensitisation of citizens about mushroom cultivation for wealth creation and poverty alleviation since it has a lot to contribute to the economy of the nation,” he said.

    Ayodele, Professor of Botany, Department of Biological Sciences, Faculty of Sciences, NOUN, said the country could earn as much as N1tn annually if the sector could be properly developed.
    He noted that the mushroom sub-sector and its value chain could provide 30 million skilled, semi-skilled and unskilled jobs for the teaming unemployed graduates, vulnerable youths and women.

    “Mushroom cultivation could have great economic and social impacts by generating income and employment for both women and youths, particularly in rural areas of developing countries.
    “For instance, in China, it was estimated that the export value of mushrooms was about $1.6 billion and the total employment in the mushroom industry was over 30 million people.

    “Out of this population, only 10 per cent are actual mushroom farmers, others fall within sectors such as food, beverage manufacturing, trading and management, transport, marketing, retailing, export and so on.
    “The global demand for mushrooms has continued to increase significantly according to the Food and Agricultural Organisation (FAO) report, while the market for mushrooms is huge and growing exponentially.

    “The world mushroom market as at the end of 2020 stood at about $45.3 billion with China producing the highest.

    “In Africa, only South Africa, Madagascar, Tunisia, Zimbabwe, Algeria and Morocco grow mushrooms on a large scale, while Nigeria, the giant of Africa, does not feature in African mushroom production scale, not to talk about world production scale,” Ayodele said.
    He, however, cautioned that care must be taken to ensure poisonous species were not mistaken for edible ones when collecting wild mushrooms.
    Ayodele who is also the Director in charge of the NOUN Abuja Model Study Centre noted that toxins from poisonous mushrooms could cause extensive cellular damage, affect the autonomic system and the central nervous system.
    He added that toxins from poisonous mushrooms could cause gastrointestinal discomfort.

    Ayodele, therefore, urged the government to establish a national mushroom germplasm centre where documentation of all available edible and medicinal mushrooms in different regions of the country would be housed.

    “There should be regular seminars, symposia, conferences and workshops by the mushroom scientists to sensitise the Nigerian public about the new trend in mushroom cultivation and its potential for food security.
    “Soft loans should be granted to interested individuals particularly unemployed youths and graduates with training in mushroom science to establish small-scale mushroom farms to reduce unemployment.
    “The pharmaceutical industries in Nigeria should exploit the medicinal potential of the bio-diversities of medicinal mushrooms in Nigeria for medicinal formulation,” he said.
    The Vice-chancellor of NOUN, Prof. Olufemi Peters, while applauding Ayodele for his vision and lecture promised to establish a laboratory in the institution dedicated to mushroom research.

    Peters tasked Ayodele to set up a research group for mushrooms to enable him to get the institution’s support.

    He urged the government, especially the incoming administration, not to allow the research to end up as an academic exercise.
    “I wish him (Ayodele) more success in his career and especially as I have made the pledge, I will be awaiting some proposals on my table.

    “For all of us here, especially our professors and senior academics, this institution will count on you to continue to give us shining examples on how we march forward to research,” Peters said.

    Source: Info Daily

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleDemas Nwoko Wins Golden Lion Award
    Next Article Buhari celebrates last Sallah in Aso Rock, says ‘I can’t wait to go home
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Business May 23, 2025

    Wema Bank Shareholders Pleased with FY 2024 Performance, Confidence of Reliable Future at AGM

    Business May 22, 2025

    Access Bank Holds On To Nigeria’s Most Valuable Brand For Fourth Consecutive Year

    Business May 22, 2025

    Dangote speaks on importance of local investors to foreign investment

    Business May 22, 2025

    Premium Trust Bank remains resilient, assures customers of funds’ safety

    News May 22, 2025

    CBN Proposes AI-Powered AML Framework for Financial Institutions

    Business May 21, 2025

    UBA Wins Award, Keeps Setting Benchmarks In MSME Financing Across Nigeria – 2025 Development Bank

    Leave A Reply Cancel Reply

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Don't Miss
    Lifestyle May 24, 2025

    Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

    Actress Jumoke George’s daughter speaks on journey, encounter in Mali Adeola, the daughter of veteran…

    TIME100 Impact Dinner: Dangote In Attendance, Promises Greater Commitment To Less Privileged

    May 24, 2025

    Jon Stewart Speculates on Trump’s “Endgame,” Citing “Protection Money” Pattern

    May 24, 2025

    Laide Bakare speaks on redefining politics, asks for appreciation of entertainment industry

    May 24, 2025

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    We are Multimedia company that specializes in Events Coverage and Planning, Media Publicity, Publishing, Awards and Outsourcing in giving styles to your event and creating brand visibility for your products and services.

    Email Us: officialmegastarmagazine@gmail.com
    Contact: +234 705 311 1111

    Our Picks

    Actress Jumoke George’s daughter speaks on journey, encounter in Mali 

    May 24, 2025

    TIME100 Impact Dinner: Dangote In Attendance, Promises Greater Commitment To Less Privileged

    May 24, 2025

    Jon Stewart Speculates on Trump’s “Endgame,” Citing “Protection Money” Pattern

    May 24, 2025
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2025 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.