Kebbi Govt. secures N1.5bn World Bank loan to boost fish, livestock farming

World Bank

The Kebbi Government has secured N1.5 billion loan to provide financial support to fishermen and livestock farmers to consolidate the achievements recorded in agricultural production as major revenue earner in the state. The Governor of the state, Alhaji Abubakar Bagudu, made this known during media chat in Birnin Kebbi on Wednesday. He said “we have […]

World Bank to introduce Fadama III livestock project in Bauchi

World Bank

The World Bank under its Fadama III Additional Financing Project will soon introduce Livestock Production and Resilience Support Project in Bauchi State. The leader of Task Team of the project, Dr Adetunji Oredipe, made the disclosure in Bauchi on Thursday when the team paid a courtesy visit on the State Commissioner for Agriculture and Natural […]

LCCI wades in to help SME farmers access finance for agric development

LCCI

The federal government has unusually widened its scope of financial interventions to Small and Medium Enterprises in the agricultural sector. Yet, many players are caught in the web of inaccessibility. But the Lagos Chamber of Commerce and Industry (LCCI) Agriculture and Agro-Allied Group recently veered into demystifying the procedural aspects of accessing the Central Bank […]

Buhari seeks increased agric financing from AFREXIM

President Muhammadu Buhari has requested the African Export-Import Bank (AFREXIM) to bump up its agriculture financing provisions in alignment with the diversification priorities of the administration, according to a monitored report of a meeting he had with officials of the bank. The president made the request when he received the president of the bank and […]

Nigeria’s rice, cassava sub-sectors receive $8.06m UNDP, NIRSAL boost

Cassava

The Nigerian rice and cassava agricultural sub-sectors have received sizeable boost of $8.06 million from a partnership between the United Nations Development Programme(UNDP), Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL) and the Ministry of Agriculture and Rural Development. Aliyu Abdulhameed, NIRSAL managing director at the signing of the Memorandum of Understanding (MoU) for the implementation of the pact […]

AFDB’s $300m loan to help Nigeria tackle youth unemployment

Boss Mustapha, Nigeria’s secretary to the government of the federation has disclosed that the African Development Bank (AFDB) has approved a $300m loan as a contribution to job creation, food security and nutrition, rural income generation and improved livelihood for youths in both the urban and rural areas of the country. Mustapha said the government […]

$9m FADAMA III fund for agriculture restoration in North East

60,480 direct beneficiaries of the food and livelihoods scheme of FADAMA III Additional Financing (AFII) Programme will receive $9m earmarked to restore agric operations in the North Eastern part of the country. The World Bank and the Federal Government had given the programme permission to disburse the fund to 189 Community Action Plans (CAPs) across […]