{"id":12978,"date":"2017-05-09T12:59:46","date_gmt":"2017-05-09T11:59:46","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12978"},"modified":"2017-05-09T12:59:46","modified_gmt":"2017-05-09T11:59:46","slug":"wbank-disburses-82-cadp-funds-to-farmers-in-five-states","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/wbank-disburses-82-cadp-funds-to-farmers-in-five-states\/","title":{"rendered":"W\/Bank disburses 82% CADP funds to farmers in five states"},"content":{"rendered":"

The World Bank says it had disbursed over 82 per cent of funds for the pilot\u00a0Commercial Agriculture Development Project (CADP) scheme\u00a0in five states.<\/p>\n

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The Bank\u2019s Task Team Leader, Dr Shehu Salau made this known to journalists at the opening of the 14th CADP implementation support mission and wrap-up meeting which opened\u00a0in Kaduna.<\/p>\n

The News Agency of Nigeria (NAN) reports that the Bank initiated the\u00a0scheme in 2009 with Kaduna, Kano, Lagos, Enugu and Cross River states participating.<\/p>\n

The scheme,\u00a0being funded with 150 US dollars\u00a0is scheduled to end\u00a0on May 31, 2017.<\/p>\n

NAN reports that the scheme\u00a0was initiated to transform the practice of subsistence farming \u00a0to agribusiness along value chains of production, processing and marketing of some selected crops.<\/p>\n

It also targeted poverty reduction among\u00a0youth and women through skill acquisition programmes\u00a0to check their\u00a0vulnerability in the society.<\/p>\n

The scheme had provided\u00a0 access roads to farms in some of the benefiting communities as part of its multiplier effect and benefits.<\/p>\n

The value-chain\u00a0initiative, according to the bank, had\u00a0created direct employment to\u00a0over 3,000 youth and women across the five states.<\/p>\n

This, he said, was in addition to numerous indirect agribusiness activities that sprang up from the skills acquired by the youth and women.<\/p>

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NAN learnt that each of beneficiaries had been empowered with start-up kits for businesses of their choices in the skills they had acquired.<\/p>\n

NAN further reports that the project was implemented along selected crops, livestock, fisheries and dairy, targeting production, processing and marketing in accordance with the states\u2019 priorities.<\/p>\n

Salau, however, said that meeting was summoned to address some of the challenges encountered by the bank in the course of implementing the scheme.<\/p>\n

Similarly, the Permanent Secretary, Cross River State Ministry of Agriculture, Mr Unimniake Ugbe said 600 youth and women benefited from groundnut and fish value chain in the state.<\/p>\n
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Ugbe said the project had already started yielding multiplier effects for youth and women in terms of employment as well as food supply chain.<\/p>\n

He said the CADP had sensitised many farmers on agriculture value chain, leading to the establishment of various agribusinesses in the state.<\/p>\n

In Kaduna State, the CADP Communication officer, Malam Aliyu Saidu, said 110 youth and women got starter packs valued at about\u00a0N3 million each.<\/p>\n

Saidu said another 200 applications had been approved and awaiting disbursement of the start-up packs in the state.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>","protected":false},"excerpt":{"rendered":"

The World Bank says it had disbursed over 82 per cent of funds for the pilot\u00a0Commercial Agriculture Development Project (CADP) scheme\u00a0in five states. The Bank\u2019s Task Team Leader, Dr Shehu Salau made this known to journalists at the opening of the 14th CADP implementation support mission and wrap-up meeting which opened\u00a0in Kaduna. The News Agency …<\/p>\n","protected":false},"author":11,"featured_media":12979,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[1770],"coauthors":[2392,2393],"class_list":["post-12978","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-wbank"],"yoast_head":"\nW\/Bank disburses 82% CADP funds to farmers in five states - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/wbank-disburses-82-cadp-funds-to-farmers-in-five-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"W\/Bank disburses 82% CADP funds to farmers in five states - National Wire\" \/>\n<meta property=\"og:description\" content=\"The World Bank says it had disbursed over 82 per cent of funds for the pilot\u00a0Commercial Agriculture Development Project (CADP) scheme\u00a0in five states. 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