• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, October 15, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Nigeria secures $134m loan from AfDB for wheat production

Wheat

The Matters Press by The Matters Press
August 4, 2022
Reading Time: 2 mins read
0
Flour millers to establish wheat procurement centres in 15 states

The Federal Government has obtained a 134-million-dollar loan from the Africa Development Bank to boost wheat production.

RELATED POSTS

‎FUEL PRICE REDUCTION STRATEGY: A COMPARATIVE ANALYSIS OF FG AND ATIKU’S MODELS

No similarities between FG’s price modulation plan and ex-VP Atiku’s subsidy restoration vow,IMPI insists

Gov. Bago’s agriculture initiatives, helping Nigeria avert acute hunger – NDF

Minister of Agriculture and Rural Development, Dr Muhammad Mahmoud, said this in Abuja, while briefing State House correspondents on the implementation of the presidential mandate given to the ministry.

He explained that the aim was to save the country from acute scarcity of wheat, whose demand and price had gone high because of the Russia-Ukraine war.

The minister noted that with 250,000 farmers cultivating 250,000 hectares in the 2022 dry season, the initiative would raise wheat production to 750,000 metric tonnes.

The wheat, he said, would be cultivated in Jigawa, Kebbi, Kano, Bauchi, Katsina, Kaduna, Sokoto, Zamfara, Gombe, Plateau, Borno, and Yobe, Adamawa, and Taraba states.

The minister said the Federal Government had deployed 5,000 agro rangers drawn from the Nigeria Civil Defence Corps to protect farmers facing security challenges.

He said about 3.6 million indirect jobs had been created from the 2.4 billion dollars’ worth of externally-funded projects being implemented by the Buhari administration.

He said 538 million dollars was approved for special agricultural processing zones to support inclusive and sustainable agricultural development in Nigeria.

According to him, another project worth 575 million dollars is being implemented to improve rural access and agricultural marketing in participating states.

He added that government was also strengthening the financing institutional base for effective development, maintenance and management of rural roads network.

He gave the participating states as Akwa Ibom, Bauchi, Kano, Katsina, Kogi, Kwara, Kebbi, Ogun, Ondo, Oyo, Plateau and Sokoto.

He said government was implementing the Value Chain Development Programme Additional Financing (VCDP) 2020-2024.

This is to enhance incomes and food security of poor rural households engaged in the production, processing and marketing of rice and cassava.

Mahmoud said the project is currently being implemented in nine states including Niger, Benue, Ogun, Ebonyi, Taraba and Anambra, Nasarawa, Kogi and Enugu “to scale up the achievement recorded in the original VCDP states’’.

He said Agro-Climatic Resilience in Semi-Arid Landscapes Project, a 700-million-dollars project, is being implemented by three ministries; Environment, Agriculture, and Water Resources.

The 19 states in the northern part of the country and the FCT are the beneficiaries.

“The project’s objective is to mitigate and build the resilience of Nigerian farmers to climate change.

“The project duration is six years – 2022 to 2028.

“More than one million degraded land will be restored within the six years project cycle,’’ the minister said.

Mahmoud said government’s foresight in introducing measures to ward off the effects of COVID-19 and the Russia-Ukraine conflict had paid off.

He stressed that in spite of the challenges, which had slowed down global economy, Nigeria is significantly not experiencing food crisis.

Tags: Wheat
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

‎FUEL PRICE REDUCTION STRATEGY: A COMPARATIVE ANALYSIS OF FG AND ATIKU’S MODELS

October 14, 2026
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

No similarities between FG’s price modulation plan and ex-VP Atiku’s subsidy restoration vow,IMPI insists

October 14, 2026
Nigeria to allocate $200m for creation of agricultural service centres
Agriculture

Gov. Bago’s agriculture initiatives, helping Nigeria avert acute hunger – NDF

October 14, 2026
Stable petrol supply excites Buhari
Economy/Technology

FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG

October 12, 2026
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies

October 12, 2026
Tinubu signs amended electoral Act
Economy/Technology

Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

October 9, 2026
Next Post
Council seeks incentives to boost indigenous ship operations

9 ships with petrol, others waiting to berth at Lagos ports

NERC declares meters free under mass scheme

Group wants consumer rights’ inclusion in electricity bill

Recommended Stories

Intimidation, cyber-bullying by loan sharks

Low recovery of anchor borrowers’ loans worrying

September 16, 2023
Bobrisky pleads guilty, gets sentence April 8

Bobrisky pleads guilty, gets sentence April 8

April 5, 2024
Bids roll in for Ajaokuta Steel Company

Cash crunch crashes food prices

February 6, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎FUEL PRICE REDUCTION STRATEGY: A COMPARATIVE ANALYSIS OF FG AND ATIKU’S MODELS
  • No similarities between FG’s price modulation plan and ex-VP Atiku’s subsidy restoration vow,IMPI insists
  • Gov. Bago’s agriculture initiatives, helping Nigeria avert acute hunger – NDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us