Monday, August 22, 2016

World Bank’s Agriculture Funding In Nigeria Hits N75.2bn

LEADERSHIP


Fresh facts have emerged that not less than $380 million, about N75, 240 billion has been spent by the World Bank on the development of agriculture in Lagos and some other states of the country in the last eight years.
The Lagos State commissioner for agriculture, Prince Gbolahan Lawal, who made the revelation at a press conference in Lagos said the $200 million National Fadama Development Project (FADAMA) grant was accessed by six states while the remaining $180 million was accessed by five states including Lagos.


A breakdown of the figure showed that $180 million was spent on Commercial Agriculture Development Project (CADP) while $200 million was spent on the FADAMA.
Lawal said that as a result of the performance of Lagos State in the World Bank assisted project, the state has been selected among six others to benefit from the $25 million grant from the World Bank for 2015.
He further explained that about 3,000 birds were killed during the recent onset of bird flu in Lagos State. Acccording to him, about 2,000 birds were killed in one farm and 500 birds each in two other farms. He added that 10 birds were also killed in a zoo on the Lekki axis, affirming that there was currently no incident of bird flu in the state.

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