World Bank Rates Nigeria’s Commercial Agriculture Devt Project High
- By Simeon Ogoegbulem
- Published March 8th, 2010
- News
- Unrated
THE World Bank has rated the Monitoring and Evaluation Framework for Nigeria’s Commercial Agriculture Development Projects (CADP) as highly satisfactory. BusinessWorld Intelligence can disclose that CADP is the first project in Nigeria where there was provision of counterpart fund for project preparation by the Government.
Lucas kolawole Akapa, Task Team Leader of the Commercial Agriculture Development Project, expressed satisfaction with the progress made by the states in terms of their plan of action to ensure effective implementation that will deliver results to the beneficiaries. Akapa assured that the Bank would ensure that technical assistance and financial resources get to the beneficiaries on time since agriculture is time bound
The project which is being implemented in Kaduna, Kano, Lagos, Cross River and Kano will support three value chains per state as follows: Cross river, oil palm, cocoa and rice; Enugu is fruit trees, poultry and maize; Kaduna, fruit trees, dairy and maize; Kano, rice, dairy and maize and Lagos, poultry, aquaculture and rice. Farmers interested in commercial agriculture in the participating states are to benefit from the project by joining their Commercial Agriculture Development Associations (CADAs) and Commodity Interest Groups (CIGs).
The World Bank, the National Project Coordinating Office and the State Commercial Agriculture Development Officers have agreed to ensure success of the project by stepping up project implementation as well as ensuring prompt disbursement to project beneficiaries.
The project which is aimed at transforming Nigeria’s agriculture from low level productivity to high level model of commercial agriculture has two components: Agricultural Production and Commercialization, and Rural Infrastructure. The project will have direct impact on 50,000 small and medium commercial farms and while many households will benefit indirectly through access to farm roads, energy and market through spillover effects.
Lucas kolawole Akapa, Task Team Leader of the Commercial Agriculture Development Project, expressed satisfaction with the progress made by the states in terms of their plan of action to ensure effective implementation that will deliver results to the beneficiaries. Akapa assured that the Bank would ensure that technical assistance and financial resources get to the beneficiaries on time since agriculture is time bound
The project which is being implemented in Kaduna, Kano, Lagos, Cross River and Kano will support three value chains per state as follows: Cross river, oil palm, cocoa and rice; Enugu is fruit trees, poultry and maize; Kaduna, fruit trees, dairy and maize; Kano, rice, dairy and maize and Lagos, poultry, aquaculture and rice. Farmers interested in commercial agriculture in the participating states are to benefit from the project by joining their Commercial Agriculture Development Associations (CADAs) and Commodity Interest Groups (CIGs).
The World Bank, the National Project Coordinating Office and the State Commercial Agriculture Development Officers have agreed to ensure success of the project by stepping up project implementation as well as ensuring prompt disbursement to project beneficiaries.
The project which is aimed at transforming Nigeria’s agriculture from low level productivity to high level model of commercial agriculture has two components: Agricultural Production and Commercialization, and Rural Infrastructure. The project will have direct impact on 50,000 small and medium commercial farms and while many households will benefit indirectly through access to farm roads, energy and market through spillover effects.
