U.S. African Development Foundation (USADF) and Kebbi State Government have signed a 10 million-dollar Memorandum of Understanding (MoU) on the improvement and enlargement of agricultural ventures in state.
President and Chief Executive Officer of USADF, Mr. C.D. Glin and Kebbi State Commissioner for Agriculture, Alhaji Attahiru Mashido signed the MoU in Abuja.
Glin said that USADF, the U.S. Government’s African enterprise development agency, was exclusively fixed to aid funds from African governments and directly invest the funds in community enterprises.
He also said that the contribution of five million dollars each for the programme would be made by USADF and Kebbi, which would be focused on the provision of seed capital and technical aid to local agricultural businesses in the state.
“This partnership will focus on three value chains in the region to fund the production of rice, dairy products and groundnuts. The goals of this partnership are to increase Kebbi State’s market competitiveness, while increasing incomes and yields for community enterprises and individual farmers’’, He said.
Kebbi State Governor, Abubakar Bagudu said that the alliance was a momentous agreement which would amplify agricultural development and encourage empowerment of people in the state.
“The Kebbi State Government’s agreement to match funds with USADF, to invest in local grassroots economic development and to create jobs for vulnerablepopulations is essential to this vision.
“The in the state, while USADF is to engage rice farmers, milk processors Rural Access Agricultural Marketing Project is to cover rural access roads and makers of groundnut cake known as Kuli-Kuli,” he further explained.
Bagudu added that the programme was a pathway to expand the market competitiveness of Kebbi State in the production of rice and increase in income for farmers and their families as well.
The post US, Kebbi sign MoU on improved Agricultural ventures appeared first on AgroNigeria.