csrreporters 
The World Bank has approved a $500 million International Development Association (IDA) credit for Nigeria’s Sustainable Agricultural Value-Chains for Growth (AGROW) Project, a comprehensive initiative aimed at boosting agricultural productivity, strengthening value chains, and improving food security in Nigeria.
Project Overview
The AGROW Project will focus on key crops like rice, maize, cassava, and soybeans, and is expected to benefit up to one million smallholder farmers across Nigeria. The project will also attract an additional $220 million in private agribusiness investment, creating jobs and stimulating economic growth in rural areas.
Key Components:
- Improving Agricultural Productivity: Strengthening agricultural research and extension services, and expanding access to improved and climate-resilient seeds.
- Strengthening Value Chains: Supporting agribusinesses that source from smallholder farmers, and improving post-harvest handling and market access.
- Enhancing Food Security: Establishing a national digital farm and farmer registry, and providing digital advisory services to farmers.
- Private Sector Engagement: Attracting private investment and promoting public-private partnerships to drive agricultural growth.
Expected Outcomes:
- Increased productivity and incomes for smallholder farmers
- Improved food security and nutrition for millions of Nigerians
- Creation of jobs and economic opportunities in rural areas
- Enhanced private sector investment in agriculture
The AGROW Project aligns with Nigeria’s priorities to enhance productivity, create jobs, and deepen value addition across agricultural value chains. With this initiative, Nigeria is poised to take a significant step towards achieving its agricultural development goals and improving the lives of millions of farmers and consumers.
By: Gloryann Osang.
[give_form id="20698"]