The Nasarawa State Government has signed a partnership deal with the Central Bank of Nigeria (CBN) and IFAD to fund the development of agricultural value chain programmes in the state.
Gov. Abdullahi Sule of Nasarawa made this statement at the official inauguration of fertiliser distribution to farmers for the 2019 cropping season in Lafia.
Gov. Sule said the state government is going to partners with the Federal Government and International Fund for Agricultural Development (IFAD) to implement the value chain development programme in the state, as the state was committed to creating an enabling environment to attract more investors to invest in agricultural venture in the state to enhance food sufficiency.
“I have already given the approval for the state government to partner with the Federal Government and IFAD to implement the value chain development programme.
“This is expected to increase the income of every household that engages in the production and marketing of rice and cassava in Nasarawa state,” he said.
The governor said the state government had signed a Memorandum of Understanding (MOU) with the Federal Government, adding that the state government was processing the release of N88 million as its counterpart payment for the take off of the programme.
“The state is processing the release of N88 million, which is actually the counterpart funding for the intervention and to facilitates the project’s take off as that will strengthen the collaboration with the partners,” he said.