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World Bank pledges support for agric in Kano

World Bank Group

World Bank Group. Photo: techcabal

THE World Bank is committing $500 million to promote commercial agriculture and rehabilitation of irrigation infrastructure in northern Nigeria.

The US$150 million project is expected to impact on 50,000 small and medium commercial farmers in five Nigerian states including Kano, while many households will benefit indirectly through farm access roads, energy and market spillover effects.

The agriculture support initiative is coming under the World Bank supported Commercial Agriculture Development Project, a far-reaching initiative that has succeeded in transforming agriculture from subsistence holdings to business oriented farming, through grants support, strengthen women and youth empowerment particularly in agribusiness.

Team leader of the project, Dr. El-Hadj Adama Toure, who spoke with journalists yesterday after meeting with Governor Abdullahi Umar Ganduje, at the government house affirmed that the World Bank is partnering with Commercial Agriculture Development Project (CADP), which was designed to strengthen agricultural production systems and facilitate access to markets for eight agricultural value chains in five pilot states.

Commercial Agriculture Development Project as a pilot is expected to set a stage for the full engagement of the World Bank in the area of agricultural development.

Ganduje assured his administration’s commitment to collaborate with the World Bank to promote commercialisation of agriculture, noting that the project is promoting rice, maize and dairy value chains, which the state has comparative ecological and socio-economic advantages.

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