Niger Delta states to benefit from new Agriclture scheme
The nine oil producing states that make the Niger Delta region are to benefit from the Livelihood Improvement Family Enterprises scheme, also known as LIFE-ND.
The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono, who disclosed this at the unveiling of the programme in Port Harcourt, said the agricultural scheme worth $129.17m (N46.83bn) would enhance food security in the country.
Nanono listed the oil producing states as Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Rivers, Imo and Ondo.
He stated that the project was part of the Federal Government’s drive to diversify the nation’s export earnings and alter its economic growth strategy.
Nanono explained that the Federal Government was partnering the International Fund for Agricultural Development to make the programme a success.
He said, “The project is part of the Federal Government’s drive to diversify the nation’s export earnings as well as alter its economic growth strategy.
“The project’s objective is to enhance income generation, food security and job creation for rural youth and women through agro-enterprise development.
“So, the target is for the states to benefit from a six-year implementation period and another six years financing gap, making a total of 12 years project cycle.
“NDDC will provide parallel finance in the first phase of six years, while the additional six years will be financed by IFAD with other additional support.”
Represented at the event by the Permanent Secretary of the ministry, Dr. Mohammed Umar, the minister added that the Federal Government has identified top agricultural products that would be grown in Niger Delta.