Food Security: Fed Govt signs $158m agriculture financing scheme pact

by Editor3
94 views 1 minutes read TBILISI, GEORGIA - JUL 18: Sale of agricultural products on central food market, Jul 18, 2011 in Tbilisi, Georgia. Suitable for farming areas account only for 16% of total territory of the country.

The Federal Government has signed a $158.15 financing deal for the Value Chain Programme in Northern Nigeria (VCN) as part of ongoing efforts to revolutionise the agriculture sector.

It was sealed yesterday at the State House in Abuja by representatives of the Federal Government, the International Fund for Agricultural Development (IFAD), and the French Development Agency (AFD).

All the parties are co-funding the eight-year initiative, which was validated on March 21, last year following Vice President Kashim Shettima’s request during UNFSS stocktaking in Rome, Italy, on July 24, 2023. (TheNation)

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