adv

Saturday 25 May 2013

ECOWAS To Boost Agric With $56m

ECOWAS to boost  agric with $56m
The West African Agricultural Productivity Programme (WAAPP) Economic Community  of West African States(ECOWAS) plans to boost the agricultural sector with $56million.

The amount is to be spent over a five-year period.

The National Project Coordinator, Prof. Damian Chikwendu, made this known at a meeting between WAAPP and Federal University of Agriculture in Makurdi.


WAAPP is a sub-regional programme of ECOWAS coordinated by the West and Central African Council for Research and Development (CORAF/WECARD).

The amount is made up of US$30 million sub-regional International Development Association (IDA) and US$15 million Nigeria IDA.

According to Chikwendu, the Federal Government is providing counterpart funding of US$5. million.
In addition, he  said the Spanish Government through the Global Food Crisis    Response Programme (GFPR) is providing a US$6million grant. He said 1.5 million farmers, processors and marketers are expected to benefit from the project

Beneficiaries, he  said,  would come from  adopted villages and communities around them.
Chikwenu said the main objective of WAAPP is to improve agricultural productivity and promote regional integration.



Source: The Nation

No comments:

Post a Comment