Akinwumi adesinaThe African Development Bank (AfDB) appears to be giving Nigeria special attention with its planned support for the development of Special Agro-Industrial Processing Zones, as part of the quest for food security in the country.
Dr Akinwumi Adesina, President of the Bank and a former Nigeria Minister of Agriculture, Dr. Akinwumi, who made this known in Abuja, said: “we have decided to mobilize $540 for the program. The African Development Bank has approved a total of $210 million. The Islamic Development Bank, and the International Fund for Agricultural Development (IFAD) have approved $170 million, and $160 million respectively, towards the program.”
The AfDB President said that the processing zones will initially be rolled out in seven States, including Kano, Ogun, Oyo, Kaduna, Kwara, Imo, Cross River, and the Federal Capital Territory.”
