• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, July 1, 2025
  • 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

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

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

Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
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

Africa-Europe Alliance presents progress report

Africa urged to close science and technology gap to drive AfCFTA

October 23, 2021
Who is lying, Obasanjo or NAN?

Tinubu’s group salutes Obasanjo on his birthday, spanks his Zimbabwe prescription as worse than Atiku’s own

March 11, 2024
Airtel pledges support for Africa’s digitalisation agenda

Airtel Africa buys back 1.3m shares from Citigroup

March 7, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

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

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

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

    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

  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda
  • Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus
  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

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