Lenders offer USD280 million to Nigerian agriculture

The African Development Bank promised USD250 million to help Nigerian agriculture’s downstream sector. The money will be used to boost processing and marketing of products. The World Bank, meanwhile, has made USD30 million available for the country’s food agenda called Fadama III. World Bank country director Onno Ruhl believes the program provides a “a rational response” to the current food crisis. (Source: Agric: AFDB, W?Bank to Assist Nigeria with USD280m/This Day Online)

About the author

Join the Discussion