• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, March 24, 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 Agriculture

IFAD commits $604.6m to Nigeria’s agriculture

Agriculture

The Matters Press by The Matters Press
April 14, 2023
Reading Time: 2 mins read
0
IFAD invests US$459m in Nigeria to reduce poverty

The International Fund for Agricultural Development (IFAD) said it has directly invested 604.6 million dollars in Nigeria’s Agricultural sector through domestic and international co-financing from 2016 to 2023.

RELATED POSTS

$1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV

Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

It said that 5,144,805 persons across 28 states of the country benefitted from viable interventions initiated by the programme.

Mr Abdulhameed Girai, the Monitoring and Evaluation Adviser, FGN/CPAT-Country Programme Advisory Team, disclosed this on Thursday in Maiduguri at a two-day Regional Consultative workshop for Nigeria’s 2024-2029 project.

He said the farmers benefited under its Country Strategic Opportunities programme (COSOP) in the past seven years.

According to him, IFAD is providing viable interventions to support farmers and facilitate sustainable agricultural development in the country.

He listed the programmes to include: Value Chain Development Program (VCDP); the Livelihood Improvement Family Enterprise Programme (LIFE-ND, and Special Agro-Industrial Processing Zone (SAPZ).

He said the beneficiaries had also benefited from other IFAD’s intervention such as Creating Employment Opportunities for Rural Youths in Africa and support to integrate agribusiness hubs in Nigeria.

“Youth Empowerment in Agri-Business and Sustainable Agriculture Projects (YEASA), Promoting Sustainable Cage Agriculture in West Africa (proSCAWA) as well as Agricultural Transformation in Nigeria towards achieving zero hunger initiative.

“FGN/IFAD projects have supported and strengthened 4,464 farmer organisation’s; 51,415 rural producers; 3,761 marketing groups; 240 Community Development Associations (CDAs) and 138 Financial Saving Associations (FSAs),” he said.

He stressed that the aim of the workshop was to interact and get feedback from stakeholders, government officials, farmers and youths on how to improve the next programme for 2024-2029.

Also, Mr Yusuf Halliru, IFAD’s Financial Inclusion Specialist, said the exercise was designed to allow for consultations to fast track implementation of the programme.

“We are ending the one for 2016/2023 because the stakeholders need to own the document, IFAD finds it necessary to come to the regions to speak to the beneficiaries.

“We want to get the feedback of beneficiaries, stakeholders in terms of what is their expectations from the viewpoint of the farmers, women, persons with disabilities”.

Similarly; Alhaji Darma Muhammad, Programme Manager, Borno State Agricultural Development Programme, said the workshop would chart a way towards achieving greater goals of IFAD programme.

He said the programme had encouraged agricultural productivity and improved income generation of over 200,000 farmers in Borno.

Tags: Agriculture
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tanzania, Australia firms sign $667m deal to mine rare earths
Economy/Technology

$1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV

March 7, 2026
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group

March 7, 2026
CAC, Pakistani investors on economic diversification
Economy/Technology

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

March 1, 2026
Tinubu floats social welfare scheme consumer credit, expanded student loan fund
Economy/Technology

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

March 1, 2026
EU punctures Atiku’s server story
Economy/Technology

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

February 20, 2026
Tinubu signs amended electoral Act
Economy/Technology

Tinubu signs amended electoral Act

February 18, 2026
Next Post
UN deputy chief calls for global financial reform to achieve SDGs

UN deputy chief calls for global financial reform to achieve SDGs

Nigeria begins process for ratification of key ILO conventions

Employment: ILO seeks to increase abilities to support re-integration of migrants in Nigeria

Recommended Stories

Flour millers to establish wheat procurement centres in 15 states

Flour millers to cultivate 4,000 hectares of land for wheat

February 22, 2023
CIIN president tasks Insurance directors on manpower development

AIICO Insurance records N45.5bn gross premium in first half of 2022

August 6, 2022
SON sure to certify 75% products in Enugu, Ebonyi states by 2023

SON issues 22 companies with MANCAP certificates in Anambra

November 9, 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
  • 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

  • $1.3bn landmark FG/AFC Alumnia deal, transformative economic booster–TMV
  • Injection of N98bn in 13,500 Centres will Boost Primary Healthcare Nationwide – Group
  • Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

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