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Nigerian Investment Promotion Commission IDB Mobilises Kano Farmers with $95m Facility

Nigerian Investment Promotion Commission
IDB Mobilises Kano Farmers with $95m Facility
No fewer than 1,260,000 smallholder farmers in rural areas of Kano State are expected to benefit directly from the Islamic Development Bank, under the Kano Agro-Pastoral Development Project.

Kano State Governor, Abdullahi Ganduje, said this on Wednesday during a meeting with officials of Africa Consulting and Trading mission and public sector stakeholders that would benefit from the project.

The governor was represented by his deputy, Nasiru Gawuna.

He said 1. 26 million small and medium-scale farmers were the target for this project.

He said, “This is not a small number; so, we intend to make it a far-reaching project that will foster economic development and social progress.”

Emphasising the significance of the project, in which $95m would be invested within the next five years, the governor added, “This project is a baby of this administration in view of the resources involved, as well as the expected number of beneficiaries. I will personally keep myself close to it.”

Ganduje said that the delay in take-off of the project was primarily due to some logistics, which needed to be sorted out between the Federal Ministry of Finance and the Islamic Development Bank.

He stated that the grey area had been resolved and the first tranche of the project funds would be made available soon.

In addition, Ganduje disclosed that his administration had initiated some projects at Dansoshiya forest, through its RUGA Committee, to augment the planned intervention of Kano Agro-Pastoral Development Project, aimed at transforming the forest into a modern grazing reserve.

Earlier, the team leader of Africa Consulting and Trading mission, Mr Joseph Lopez, said that they were mandated by the Islamic Development Bank and its partners to conduct needs assessment of the KSADP beneficiaries, with a view to providing technical assistance.

In his remarks, the State Project Coordinator, Kano Agro-Pastoral Development Project, Alhaji Garba Muhammad, explained that the project would among others engage in the development of grazing reserves, stock routes demarcation, crop productivity, livestock enhancement, provision of rural infrastructure and the promotion of small rural enterprises, as well as capacity building for farmers

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