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NIGERIA LAUNCHES $538 MILLION AFDB SUPPORTED SAPZ TO COVER EIGHT STATES

Anthony Ogbekile 021 week ago05 mins

Nigeria took another bold step in the efforts to promote agriculture and increase food production in country on Tuesday. At a ceremony in Kaduna State, the federal government launched the $538 million agro-industrial drive that will cut across eight states. The Special Agro-Industrial Processing Zones (SAPZ) programme is backed by the African Development Bank, AfDB…

NIGERIA GETS MORE FINANCIAL SUPPORT FROM AfDB TO BOOST AGRICULTURE

Anthony Ogbekile 022 months ago2 months ago02 mins

The African Development Bank (AfDB) is set to invest $1 billion in Nigeria’s agribusiness sector through its Special Agro-Industrial Processing Zones (SAPZ) program. This initiative aims to promote agricultural value chains, from food production to processing, value addition, packaging, and market supply. According to AfDB President Akinwumi Adesina, “Nigeria should have bold programmes and policy…