W/Bank disburses 82% CADP funds to farmers in five states

The World Bank says it had disbursed over 82 per cent of
funds for the pilot Commercial Agriculture Development Project (CADP)
scheme in five states.
The Bank’s Task Team Leader, Dr Shehu Salau
made this known to journalists at the opening of the 14th CADP
implementation support mission and wrap-up meeting which opened in
The News Agency of Nigeria (NAN) reports that the Bank
initiated the scheme in 2009 with Kaduna, Kano, Lagos, Enugu and Cross
River states participating.
The scheme, being funded with 150m US dollars is scheduled to end on May 31, 2017.
reports that the scheme was initiated to transform the practice of
subsistence farming to agribusiness along value chains of production,
processing and marketing of some selected crops.
It also targeted
poverty reduction among youth and women through skill acquisition
programmes to check their vulnerability in the society.
The scheme
had provided access roads to farms in some of the benefiting
communities as part of its multiplier effect and benefits.
value-chain initiative, according to the bank, had created direct
employment to over 3,000 youth and women across the five states.
he said, was in addition to numerous indirect agribusiness activities
that sprang up from the skills acquired by the youth and women.
learnt that each of beneficiaries had been empowered with start-up kits
for businesses of their choices in the skills they had acquired.
further reports that the project was implemented along selected crops,
livestock, fisheries and dairy, targeting production, processing and
marketing in accordance with the states’ priorities.
however, said that meeting was summoned to address some of the
challenges encountered by the bank in the course of implementing the
He said that the participants would share information and
experiences aswell as proffer solutions to identified problems during
the two-day meeting.
Salau said that the outcome of the meeting would assist the bank in designing and implementing future programmes.
the permanent secretary, Kano State Ministry of Agriculture and Natural
Resources, Hajiya Binta Rabiu told newsmen that more than 850 youth and
women benefited from the project in the state.
She said the state government had invested N465 million in

to the project within the period.
reports that Kano state implemented the project in Rice, Dairy and
Tomato value chain of production, processing and marketing.
the Permanent Secretary, Cross River State Ministry of Agriculture, Mr
Unimniake Ugbe said 600 youth and women benefited from groundnut and
fish value chain in the state.
Ugbe said the project had already
started yielding multiplier effects for youth and women in terms of
employment as well as food supply chain.
He said the CADP had
sensitised many farmers on agriculture value chain, leading to the
establishment of various agribusinesses in the state.
In Kaduna
State, the CADP Communication officer, Malam Aliyu Saidu, said 110 youth
and women got starter packs valued at about N3 million each.
Saidu said another 200 applications had been approved and awaiting disbursement of the start-up packs in the state.
Source: NAN

Click to comment

Leave a Reply

Your email address will not be published.

WordPress spam blocked by CleanTalk.
To Top