FG launches N46.83bn agric scheme in nine oil producing states

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The federal government on Tuesday launched 129.17 million U.S. dollars (N46.83 billion) agricultural scheme to enhance food security and income generation

Minister of Agriculture and Rural Development, Sabo Nanono, said this at the formal launch in Port Harcourt that the scheme would take off in nine oil producing states.The minister, who was represented by Mohammed Umar, Permanent Secretary, Federal Ministry of Agriculture and Rural Development, said the scheme, Livelihood Improvement Family Enterprises , was in collaboration with the International Fund for Agricultural 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,” he said. “The federal government has identified top agricultural commodities for implementation in the Niger Delta, such as cassava, plantain, rice, fish, cocoa, oil palm and poultry.

He said the federal government was also planning to replicate the LIFE-ND scheme in the remaining five geopolitical zones in the country. “This project will reduce rural-urban migration and criminal activities in the region. It will make the people to realise how much government cares in improving their living standard.

 

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