FG Borrows Fresh $134m AfDB Loan For Rice, Wheat Farming

The federal government on Thursday announced the collection of a $134m loan from the African Development Bank (AfDB) to produce 1.2 million metric tonnes of wheat and rice by 2025.

The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this at the flag-off of the 2024/2025 National Dry Season Farming in Calabar, Cross River State.