IFAD Commits $27 Million For Rural Agric Development in Nigeria

YOU CAN SKIP THIS PART...SCROLL DOWN FOR NEWS BELOW

When all is said and done and we stand before the master what will matter is not the opinion of any man,not the applause from men ,not your reputation in society or any man's perception of who you are. What will count is the quality of your personality towards God. Not the praises of men not the approval of man what will profit a man to gain the whole world and yet lose his soul. Live your life to please him let heaven be your focus refuse to be distracted.

 

Read..This is the news for you ....peeps ...always come back for more......

..click here only if you are using your phone  http://pin.bbm.com/C002329DA to join to our bbm channel, or just search bbmchannel  prettypeoplenaija

NOW THE NEWS IN FULL.....

Sep 19th 2015, 21:37

The International Fund for Agricultural Development (IFAD) says it is implementing a seven year rural agriculture finance support programme aimed at reducing poverty in at least 345,000 rural poor households in Nigeria.

The programme focuses mainly on women and youth empowerment through job creation, cooperative lending and other sources that will make them financially stable and secure Nigeria's future.

IFAD’s Country Programme Manager, Atsuko Toda, who disclosed this at a meeting with the management of Bank of Agriculture (BOA), Central Bank of Nigeria (CBN) and Micro Finance Bank operators in Kaduna, North West Nigeria, said the programme aims to tackle unemployment and poverty in Nigeria as well as encourage economic growth and development.

She disclosed that IFAD had committed the sum of $27 Million into the project and urged BOA to ensure smooth and transparent implementation of the programme, which has to do with poverty eradication in rural communities.

The Managing Director of BOA, Prof. Danbala Danju, says accessing the loan will be collateral free and attracts only 2.5 percent interest rate. He explained that IFAD’s effort has stepped up advocacy to ensure that agriculture becomes central to the development of the Nigerian economy, adding that BOA has also deployed both funds and manpower to ensure full implementation of the programme.

Prof Danju, who was represented by the Executive Director Finance and Wholesale, Babatunde Igun, also gave reasons on why the programme targets mainly on women.

So far, the programme has commenced in 12 states namely; Adamawa, Benue, Abia, Anambra, Edo, Katsina, Zamfara, Lagos, Imo, Nasarawa, Akwa-Ibom, Bauchi and Oyo.

The post IFAD Commits $27 Million For Rural Agric Development in Nigeria appeared first on Channels Television.

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/

                                                      unsubscribe from this feed,

..click here only if you are using your phone  http://pin.bbm.com/C002329DA to join to our bbm channel, or just search bbmchannel  prettypeoplenaija

........

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Related Posts:

Tweet