Home » Africa: FG and International Fund for Agricultural Development (IFAD) Collaborate on 7-Year SAPZ Program to Boost Agro-Processing Value Chain in Nigeria

Africa: FG and International Fund for Agricultural Development (IFAD) Collaborate on 7-Year SAPZ Program to Boost Agro-Processing Value Chain in Nigeria

by Atqnews23
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The Federal Government of Nigeria, in conjunction with the International Fund for Agricultural Development (IFAD), has unveiled a transformative seven-year program known as the Special Agro-Industrial Processing Zone (SAPZ).

According to dailytrust.com, SAPZ is an Africa Development Bank and Islamic Development Bank assisted programme designed as a tool for creating integrated agricultural focused platforms that will accelerate private sector investment in value added agro processing to unlock opportunities for improved food security, job creation, import substitution, rural poverty reduction and increased contribution of agriculture to national GDP.

READ: Africa: AIM Logistics Receives Official Approval from Nigerian Ports Authority as Export Processing Terminal to Enhance Efficiency in Agro-Exports

Speaking, the Minister of Agriculture and Food Security, Senator Abubakar Kyari who was represented by the Director, Projects Coordinating Unit (PCU), Musa Bukar said the programme aligned with the national priority of Agro-Food System Transformation, the NATIP and the presidential emergency declaration on Nigeria’s food security and Nigeria sustainable agenda.

Also speaking, the Country Director, IFAD Nigeria, Mrs Dede Ekoue said the fact that the launch coincided with the World Food Day and the International Day of the Rural Women reaffirmed IFAD’s commitment to supporting sustainable agricultural development, rural and food systems transformation.

READ: News: Nigeria’s export sees growth as NPA facilitates export of 3.5m metric tonnes of trade in 6 months says Bello-Koko

On his part, Kano State governor, Abba Kabir Yusuf who was represented by the Commissioner, Ministry of Budget and Planning, Musa Suleiman Shanono said in line with the project objectives, his administration has ordered the rehabilitation and renovation of institutions, which include poultry, livestock, fisheries, irrigation, farm mechanisation and entrepreneurship development institutes, hence, the elevation of Nigeria’s agribusiness sector into a new height of excellence for local, regional and global food markets.

The implementing seven-year programme will have seven participating states namely; Kano, Imo, Kaduna, Cross River, Kwara, Oyo and Ogun states.

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