FADAMA project wins World Bank’s Africa VPU Team Award
FADAMA III Additional Financing (AF) project has won the World
Bank’s Africa VPU Team Award for achieving its objectives and promoting agricultural
development in Nigeria.
Mr Tunde Oladujoyelo, World Bank Media Consultant on FADAMA,
who disclosed this in a statement released in Abuja last week said the FADAMA
III AF project was selected as an archetype of how client-driven agricultural
and rural development projects could have significant development impacts on a
nation’s economy.
Oladujoyelo said FADAMA III AF project is one of the major
programmes of the World Bank with a funding portfolio of $200 million.
“FADAMA III AF project is a follow-up to FADAMA III project
and it is being implemented in six core and 22 cluster states.
“The states were selected with a criteria based on their
comparative advantages and high potential to increase production and
productivity of cassava, rice and sorghum as well as horticulture value chains
and link them to better organised markets,’’ he said.
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