• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Sunday, January 4, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

FG secures loan facility of $134m from AfDB

Nathaniel Irobi by Nathaniel Irobi
November 14, 2024
in News
0
FG secures loan facility of $134m from AfDB
0
SHARES
5
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Federal Government has secured a loan facility of 134million dollars from the African Development Bank (AfDB) to help farmers boost seeds and grain production in the country.

This is contained in a statement issued by Mrs Anthonia Eremah, Chief Information Officer, Ministry of Agriculture and Food Security on Thursday in Abuja.

RelatedPosts

Australia urges all parties to support dialogue

Kebbi Govt. Orders Reversal of Illegally Conferred Traditional Titles

False Claim of Apology to Peter Obi

The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, made his know at the unveiling of the 2024/2025 National Dry Season Farming in Calabar.

Kyari explained that with the re-introduction of the national dry season farming to boost year-round agricultural production, the loan would be handy and guarantee national food security in the country.

The minister said the initiative is under the National Agricultural Growth Support Scheme-Agro Pocket (NAGS-AP) Project.

He said that the federal government had  declared an emergency on food production to enable all Nigerians to get easy access to quality and nutritional food at affordable rates.

Kyari also said that government wants to use the agricultural sector for national economic revival through increase in production of some staple food crops such as wheat, rice, maize, sorghum, soybean, and cassava during both dry and wet season farming.

He added that 107,429 wheat farmers have been supported under phase 1 of the 2023/2024 dry season, and  43,997 rice farmers under the second phase of the 2023/2024 dry season.

The minister said recently, government supported 192,095 rice, maize, sorghum/millet, soyabean and cassava farmers under the 2024 wet season across the 37 States including the FCT.

ALSO READ:  U.S voting begins amid heightened security, fears for election violence

He said that Cross River was leading 16 other states in wheat production, adding that over 3000 wheat farmers have been listed to benefit from the support to grow the grain.

Kyari noted the Cross River government’s commitment to wheat production.

He said it informed why the federal government is partnering with the state to kick start the maiden wheat production and enlisting them among states commencing the current 2024/2025 dry season farming.

“The 2024/2025 dry season farming, the project is targeted to support 250,000 wheat farmers across the wheat-producing states with subsidised agricultural inputs.

” This is to cultivate about 250,000 hectares with an expected output of about 750,000 metric tonnes of wheat to be added to the food reserve to reduce dependence on importation of the product and also increase domestic consumption.

“Equally the programme will provide support to 150,000 rice farmers under the second phase to cover all the 37 states, including FCT, with an expected output of about 450,000 metric tonnes,” he said. (NAN)

Previous Post

Lt.-Gen. Lagbaja’s remains taken to Abuja for state burial

Next Post

Okpebholo freezes Edo accounts, orders reversal of ministry’s name

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Australia urges all parties to support dialogue

Australia urges all parties to support dialogue

by Elanza
January 4, 2026
0

Australia has called on “all relevant parties” to support dialogue and diplomacy following the US strikes against Venezuela. Prime Minister...

Kebbi Govt. Orders Reversal of Illegally Conferred Traditional Titles

Kebbi Govt. Orders Reversal of Illegally Conferred Traditional Titles

by Nathaniel Irobi
January 4, 2026
0

  The Kebbi Ministry for Local Government and Chieftaincy Affairs has directed all emirate councils, district heads, and village heads...

False Claim of Apology to Peter Obi

False Claim of Apology to Peter Obi

by Nathaniel Irobi
January 3, 2026
0

The attention of the former Governor of Enugu state Senator Chimaroke Nnamani has been drawn to a fabricated statement circulating...

Next Post
Okpebholo appoints Musa Ikhilor SSG, names Attorney-General, others in Edo

Okpebholo freezes Edo accounts, orders reversal of ministry’s name

NASC Chairman, Kadi Amshi Bags Leadership Award

NASC Chairman, Kadi Amshi Bags Leadership Award

Recommended

EFCC Arraigns Bauchi State Commissioner Over $9.7 Million Terrorism Financing Case

EFCC Arraigns Bauchi State Commissioner Over $9.7 Million Terrorism Financing Case

4 days ago
Troops Nab Alleged Suicide Bomber, IEDs Dealer in Borno

Troops Nab Alleged Suicide Bomber, IEDs Dealer in Borno

4 days ago

Popular News

  • Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    Danji Shiddi’s Political Profile Rises as Taraba Faces Governance Debates Ahead of 2027

    0 shares
    Share 0 Tweet 0
  • Court Ruling Applies Only To FCT Traffic Agency, Says CDCROF

    0 shares
    Share 0 Tweet 0
  • Gunmen Strikes Lere Local Gov’t Of Kaduna, Four Feared Dead

    0 shares
    Share 0 Tweet 0
  • VON’s Bonuola-Ozurumba Shines in WIN’s Global Leadership Accelerator

    0 shares
    Share 0 Tweet 0
  • Gunmen Kill Brother Of Kaduna Governor’s Aide

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (808)
  • Education (243)
  • Entertainment (335)
  • Health (225)
  • National (2,921)
  • News (9,413)
  • Opinion (377)
  • Politics (1,856)
  • Science (15)
  • Security (411)
  • Sports (567)

Newsletter

© 2023 Elanza News - The No 1 online news platform

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
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform