• Monday, February 10, 2025
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Kogi targets AfDB’s multi-billion-dollar food security project

Kogi targets AfDB’s multi-billion-dollar food security project

The Kogi State government has said that plans with the African Development Bank (AfDB) to secure a multi-billion-dollar project aimed at enhancing food production and security in the state are in advance discussions.

Timothy Ojomah, Commissioner for Agriculture, disclosed this while interacting with journalists in Lokoja on Monday, adding that the government is strategically ensuring smooth negotiations to secure the project and boost agricultural productivity across all 21 local government areas.

“This is why we are engaging with the president of AfDB, who has assured us. We are looking at what we can secure and are optimistic that we will qualify.

“We are talking about a multi-billion-dollar project that will be established in Kogi for the benefit of our teeming farmers.

“The AfDB president has assured us. It is all about the value chain because in most of our agricultural activities, we ensure we maximise the entire value chain. If not, we won’t gain much,” the commissioner said.

Read also: AfDB plans $1 billion financing to boost agribusiness in Nigeria

He expressed regret over the negative impact of drought in 2024, which he admitted affected the state’s expected agricultural productivity, pointing out that farmers struggled with weeks of drought between August and September, followed by an early end to rainfall in the first week of November.

“But thanks be to God that in spite of these challenges, Kogi recorded a boost in food production and security in 2024, given the government’s commitment and support to farmers through various incentives”.

Ojomah expressed optimism that talks with the AfDB, World Bank, and Chinese firms would drive large-scale food production in the state this year.

He commended governor Ahmed Ododo for his prompt response to the ministry’s requests in supporting farmers in their efforts and commitment to agriculture.

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