Monday, April 4, 2016

Nigeria to launch N59.7 billion Youth-In-Agriculture Scheme


NIGERIA TO EMPLOY MORE YOUTH INTO AGRICULTURE

The Director-General, International Institute of Tropical Agriculture, IITA, Nteranya Sanginga, on Sunday said the Federal Government would launch N59.7 billion Youth-In-Agriculture Scheme in September.
Mr. Sanginga, who disclosed this in an interview with the News Agency of Nigeria in Ibadan, said the scheme would be sponsored by the federal government and the African Development Bank, AFDB.
Photo Credit: Agro Nigeria
The director-general said IITA would train those enrolled in the scheme, adding that beneficiaries would be trained on how to make agriculture a business with good networking.
“The programme tagged “Enable Youth Empowerment Agribusiness programme, will engage youths in agribusiness for 18 months to enable them learn how to make agric business plan.
“Each will be given between 25,000 US Dollars and 300,000 US Dollars as loan to start a business.