AfDB: Nigeria’s Agro-Industrial Zone Scheme Receives N224bn The African Development Bank (AfDB) has mobilised $540 million (about N224.3 billion) for Nigeria to develop Special Agro-Industrial Processing Zones, as part of the quest to promote food security in the country. According to Daily Trust report, the AfDB...

Bol, AfDB, IFAD Approve $2bn For Nigeria’s Agric Project         The Bank of Industry (BoI), African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have okayed $2 billion loan to reduce poverty, end hunger and increase resilience to climate change in rural communities around...

FG Inagurates Panel To Monitor N46.83bn Life project In Niger Delta   The Federal Government, yesterday, inaugurated a 14-member committee to monitor the implementation of the N46.83billion Life Improvement Family Enterprise (LIFE-ND) project across the nine Niger Delta states, to ensure the target group benefitted from...

Lokpobiri Commends IFAD's $500m Investment In Agriculture The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has commended the International Fund for Agricultural Development (IFAD) for supporting the nation’s agricultural value chain development programme with the sum $500 million. Speaking when he received...

President, International Fund for Agricultural Development (IFAD), Mr. Kanayo Nwanze says Africa spends $35 billion a year on food importation. This is contained in a statement issued by the IFAD and made available to Economic Confidential in Abuja. Nwanze stated this at the opening of a...