• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

USAID Mobilises N188bn For Nigerian Agribusinesses In 7 States

by James Kwen
2 years ago
in News
USAID
Share on WhatsAppShare on FacebookShare on XTelegram

T he United States Agency for International Development (USAID), has mobilised N188 billion in private debt and equity financing to support agribusiness across Nigerian seven states of Benue, Cross River, Delta, Ebonyi, Kaduna, Kebbi and Niger.

Advertisement

The USAID/Nigeria Economics Growth & Environment Office Director, Michelle Corzine disclosed this at the Feed the Future Nigeria Agribusiness Investment Activity Closeout Ceremony in Abuja.

Since 2008, USAID, through the Feed the Future Initiative, has been combating global hunger through this initiative. Nigeria is one of the US government’s twelve Feed the Future focus countries. Corzine said the Agribusiness investment activity is responsible for connecting over 18,000 micro, small and medium agribusinesses to private investors in Nigeria.

She also said the Agribusiness investment activity also plays a significant role in empowering women and youth.

“As a result, over 5,000 female smallholder farmers learned good agronomic practices, financial literacy, and leadership skills and supported 2,600 youth-led businesses to gain access to finance,” Corzine said.

RELATED

Minister Inaugurates 11-man NPA Governing Board

Minister Inaugurates 11-man NPA Governing Board

2 minutes ago
Navy Arrests Suspected Militant With Firearm In Bayelsa

Navy Arrests Suspected Militant With Firearm In Bayelsa

15 minutes ago

According to her, the Agribusiness Investment activity is one of several programmes intended to advance inclusive economic growth in Nigeria.

“As we celebrate five years of significant achievements in the Agribusiness Investment activity, we urge the Nigerian government and financial sector counterparts to continue to advocate for pro-business policies in the agricultural sector such as the Investment and Security Bill 2022.

“This piece of legislation is essential to increase access to finance for agribusinesses and smallholder farmers in Nigeria. To obtain the best results, it is essential that public and private sector actors continue to collaborate, debate, develop and monitor the implementation of policy reforms,” she added.

In his remarks, the permanent secretary, Federal Ministry of Agriculture Dr Ernest Afolabi Umakhihe, said agribusiness financing initiative is key to strengthening the Nigerian Agriculture sector but the policy approach and much-needed interventions remains largely inconsistent.

Represented by the director of Special Duties in the Ministry, Fausat Lawal, Umakhihe said food security is threatened by drought, floods and erosions in the country.

“This situation negate the realization of Federal Ministry of Agriculture & Food Security’s mandate and the overall agenda of Mr. President on food security.

“In this regard, the Ministry has keyed into digital Agriculture via the use of information technology equipment along the value chain, for enhanced agricultural development that will help improve agricultural productivity, reduce food wastage and alleviate the effect of climate change,” the Permanent Secretary said.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: USAID
SendShareTweetShare
Previous Post

NEMA Clarifies Flood Alert, Insists Data Shows Possible Flooding

Next Post

As The World Marks Food Day

James Kwen

James Kwen

You May Like

Minister Inaugurates 11-man NPA Governing Board
News

Minister Inaugurates 11-man NPA Governing Board

2025/06/30
Navy Arrests Suspected Militant With Firearm In Bayelsa
News

Navy Arrests Suspected Militant With Firearm In Bayelsa

2025/06/30
Kidnappers Of Akwa Ibom School Principal Demand N50m Ransom
News

Police Nab ‘One Chance’, Kidnap Syndicates In Delta

2025/06/30
Kidnappers Devise New Tactics, Abduct Popular Musician’s Daughter In Kwara
News

Armed Robber Dies After Failed Attack On Kano Household

2025/06/30
4-year-old Girl Drowns In Kano Well
News

Man Dies, Woman Rescued In Kano Well Accidents

2025/06/30
YEIDEP Launches $2.5bn Global Donorship Drive To Empower Youths, Women
News

YEIDEP Launches $2.5bn Global Donorship Drive To Empower Youths, Women

2025/06/30
Leadership Conference advertisement

LATEST

Minister Inaugurates 11-man NPA Governing Board

Navy Arrests Suspected Militant With Firearm In Bayelsa

Police Nab ‘One Chance’, Kidnap Syndicates In Delta

APC Fixes July 24 For NEC Meeting To Pick New National Chairman

Armed Robber Dies After Failed Attack On Kano Household

Man Dies, Woman Rescued In Kano Well Accidents

YEIDEP Launches $2.5bn Global Donorship Drive To Empower Youths, Women

Bauchi Gov Donates N200m To Windstorm Victims

AGN Inaugurates National Secretariat, Unveils Plan For Creative Hub In FCT

Brand Launches AfroExchange, Holds Send-off For Bnxn, Others

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.