USAID to spend $15.7m to boost Agribusiness in Igboland
By Ruth Oginyi
The United States Agency for International Development (USAID) says it has launched $15.7million agribusiness intervention program in south east geopolitical zone of Nigeria.
At the program, called United States Agency for International Development (USAID) Feed the Future Nigeria Agribusiness Investment Activity, stakeholders summit to launch the programme in south east zone held in Abakaliki Ebonyi State capital on Thursday,
USAID Managing Director, Dr. Adam Saffer who made the disclosure during the launch of the Feed the Future Nigeria Agribusiness Investment Activity, stakeholders summit programme in south east zone held in Abakaliki Ebonyi State.
According to, Saffer, the programme will address the constraints that hamper overall agricultural business environment of Nigeria and improve the levels of agriculture-related investments. He noted that the 5-year programme $15.7million intervention programme seeks to sustainably link thousands of Micro, Small and Medium size Enterprises and producer organizations with high performing commercial actors in seven target states of; Benue, Kaduna, Niger, Kebbi, Delta, Ebonyi and Cross River.
Saffer explained that the Activity will focus on five key value chains; rice, cowpea, soy, maize and aquaculture.
“In line with the U.S nad Nigerian governments’ commitment to grow the non-oil based economy, this activity is pursuing a unique, robust business-centered strategy to increase the depth, breath, dynamism, and competitiveness of Nigeria’s agribusiness sector. The activity is designed to create an improved environment by working toward four interrelated objectives: mitigate obstructive policies to make it easier to do business in Nigeria’s agricultural sector, broaden access to fiancé and promote investment opportunities in agriculture, and strengthen the capacity of agribusiness to expand and scale up operations”, he said.
At the Summit, Governor David Umahi represented by Secretary to Ebonyi state Government, Dr. Kenneth Ugbala said the USAID activity was in line with the vision of the state government in ensuring that everybody is the state was committed to something.
“Even for us in the government sector, it is a near capital offence not to have a farm and that is why the Governor directed that even the civil servants should go to farm and they call major address because politics is gradually taking our minds from our mainstay. Our mainstay as people is agriculture and unfortunately, politics is becoming less lucrative”, he said.