IFAD in Nigeria
IFAD has financed eight programmes and projects in Nigeria since 1985, with a total loan commitment of US$157.3 million.
IFAD’s country strategic opportunities programme for Nigeria covers the period 2010-2015 and is in line with the Comprehensive Africa Agriculture Development Programme of the New Partnership for Africa’s Development, national policies and strategies on sustainable agricultural development, economic growth and poverty reduction; the national food security programme and the Millennium Development Goals on poverty and hunger reduction.
IFAD strategy focuses on two objectives:
- Improve access by rural poor people to economically, financially and environmentally sustainable production, storage and processing technologies, markets and support services. Existing and future operations will focus on greater access to better and more affordable agricultural production technologies, farm inputs and support services;
- Strengthen community involvement in local planning and development, and promote government support for rural infrastructure.
IFAD-funded interventions will help:
- foster community infrastructure development
- facilitate market access and linkages
- promote non-farm enterprise, particularly in challenging and fragile environments with a weak natural resource base and severe soil degradation.
Country strategic opportunities programme
Source: IFAD