
We write to inform you about the ongoing 2022 African Development Bank AFDB $210M Loan for Nigeria Special Agro-Industrial Processing Zone Program 2022.
AfDB’s Special Agro-Industrial Processing Zones will help revive rural economies, boost food and agric business investments, turn many rural areas from zones of economic misery to economic prosperity.
Also Read: NASIMS October, November Payment Date – What Beneficiaries Should Look For This Week
According to the African Development Bank (AFDB), they have approved $210M Loan for Nigeria To Finance AIPZ Program. Read details below.
African Development Bank yesterday approved a $210million loan to Nigeria. The loan will co-finance Phase of Nigeria Special Agro-Industrial Processing Zone Program.
The program will support FG’s efforts to raise agricultural productivity, promote investment, create wealth & jobs, & transform rural areas into corridors of economic prosperity.
ALSO Read: Seifac Funds Disbursement Date
List of States in Phase 1 of AFDB AIPZ Program $210M Loan Disbursement
Phase 1 of the project will target 7 states & FCT. The program is expected to promote industrialization through the development of strategic crops and livestock:
- Cross River State – cocoa, rice and cassava
- Federal Capital Territory – beef and dairy livestock
- Imo State — beef and dairy livestock
- Kaduna State – tomato, maize and ginger
- Kano State — rice, tomato, groundnuts and sesame oil
- Kwara State — livestock
- Ogun State — cassava, rice, poultry and fisheries
- Oyo State — cassava, soybean, rice.
How to register for AFDB $210M Loan for Agro-Industrial Processing Zone Program 2022
To register and read more regarding this loan offer, interested individual should click this link and apply.
AFDB $210M Loan for Nigeria Special Agro-Industrial Processing Zone Program 2022. Requirements and Application method