Saturday, June 21, 2014

World Bank to Allocate N80.7 Billion to Boost Agriculture in Northern Nigeria

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The World Bank has reportedly approved N80.7 billion (about $495.3 million) to boost agriculture in Northern Nigeria.
The bank’s executive directors approved the money to improve farmers’ access to irrigation and drainage services, according to Sahara Reporters.
These funds will also be disbursed to strengthen institutional arrangements for integrated water resources management and enhance delivery of agricultural services in selected large-scale public schemes in the Northern part of Nigeria.
Authorities aim to achieve the aforementioned objectives through a project called Transforming Irrigation Management in Nigeria (TRIMING).
TRIMING will reportedly improve existing irrigation on 27,000 hectares, irrigate an additional 23,000 hectares, and benefit more than 140,000 farmers, while mobilising private sector investment.
The project will be implemented by the Federal Ministry of Water Resources (FMWR) and is scheduled to become effective from Oct. 1.

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