The African Development Bank (AfDB), alongside the Islamic Development Bank (IDB) and the International Fund for Agricultural Development on Thursday disclosed that they had approved an additional $1 billion to support special agro-industrial processing zones in 24 states of Nigeria. A statement issued by the Senior Special Assistant to the AfDB President, Media and Communications […]
Tag: International Fund for Agricultural Development (IFAD)
Reps Approve Buhari’s $5.8Bn Loan Request
The House of Representatives has approved President Muhammadu Buhari’s loan request of $5.8 billion. The approval of the request followed the adoption of the report of the House Committee on Aids, Loans and Debt Management at Tuesday’s legislative plenary session. The Chairman of the Committee, Hon. Ahmed Safana, while presenting the report, said that the […]
FG Suspends Grants To Youths, Opt For Loans
The Minister of Youth and Sports Development, Mr. Sunday Dare, has disclosed that the Federal Government has stopped giving grants to youths but rather has now opted for revolving loans to aid their entrepreneurial and creative ventures. The minister gave this hint at the end of a 2-Day workshop titled ‘Challenges and opportunities for rural […]
IFAD Supports Nigeria’s Agric Sector With $68.9Mn
The International Fund for Agricultural Development (IFAD) has committed $68.9 million to the development of the Nigerian agricultural sector over the past four years. The National Programme Coordinator, of the IFAD’s Value Chain Development Programme (VCDP), Dr. Ameh Onoja, who gave this hint at a Commodity Alliance Forum (CAF) workshop on Friday in Abuja, explained […]