14 Aug 2013

World Bank approves $200m for extension of Fadama programme

The World Bank has extended the execution of Fadama III programme in Nigeria from three to four years with the approval of 200 million dollars in June, the South -West Fadama Zonal Coordinator, Mr Rasaq Salau, has said.


Salau made the fact known in an interview with the News Agency of Nigeria (NAN) in Ile-Oluji Local Government Area of Ondo State on Wednesday.

He said although the approval was signed in June, its full implementation would begin in January 2014.

Salau said that all the states in the federation would participate in the programme, which would concentrate on the Agricultural Transformation Agenda of the Federal Government.

”The programme will involve people who are into production to go into value addition as well as branding and packaging in all crops.

”The Federal Government is determined to stop rice importation by 2015 and the minister of Agriculture has been charged to ensure that only quality rice is produced.

”Fadama will handle the money on behalf of the Federal Government for the project,” he said.

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