[This Day]

The Federal Government has revealed that an estimated 180,000 barrels of oil equivalent daily or approximately $7 billion yearly was lost to oil theft.

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[ANGOP]
Luanda -
The Panning minister, Ana Dias Lourenço, Friday in Luanda said that the “Made in Angola” programme will create an element of unity and patriotism among Angolans.

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[U.S. House]
Washington, DC -
Friday the G-8 leaders will begin a summit at Camp David, MD, with discussions focusing on the global economic recovery and food security in the developing world, with President Obama having invited the leaders of Benin, Ethiopia, Ghana and Tanzania to discuss food security, but the presence of Ethiopia’s Prime Minister Meles Zenawi is causing growing concern because of the land grab issue in his country and unaddressed human rights abuses there.

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[ANGOP]

The CEO Angolan Development Bank (BDA) Paixao Franco said on Friday in Luanda that “Made In Angola” programme is being implemented at a time the country is restructuring its full productive network, as many local manufactured products start emerging.

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[Daily Trust]
Lagos -
The Federal Government says the country loses $7billion annually to crude theft in its coastal region.

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[SciDev.Net]
Accra -
A primary reason for Ghana’s cocoa and oil palm production decline is the killing of pollinating insects by pesticides used on farms, says a study.

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[Oxfam]

International agency Oxfam warned that today’s announcement of the “New Alliance for Food Security and Nutrition” focuses too heavily on the role of the private sector to tackle the complex challenges of food insecurity in the developing world. The organization called instead for G8 leaders to keep the promises they have already made to help developing countries invest in sustainable solutions to hunger and poverty.

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[State Department]
Washington -
President Obama announced a plan to accelerate investments in developing world agriculture to meet rising food demands and improve nutrition, calling the New Alliance for Food Security and Nutrition a moral, economic and security imperative.

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[Worldwatch Institute]

The Chicago Council on Global Affairs’ annual symposium, Advancing Food and Nutrition Security at the 2012 G8 Summit, on Friday afternoon more specifically addressed the roles that business and innovation will be required to play in agricultural development.

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[Leadership]

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has disclosed that while huge amount of dollars has been in the last one year on pipeline repairs, a record volume of crude valued at $7billion has been lost to crude theft via illegal bunkering within the same period.

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