Nigeria’s agric sector to receive $2.2bn from AfDB

The African Development Bank (AfDB) said on Sunday Nigeria is set to receive a $2.2 billion for the development of its Special Agro-Industrial Process Zones (SAPZ) from 2025.

The Director-General of AfDB in Nigeria Office, Abdul Kamara, disclosed this during Channels Television’s 2024 End-Of-Year Review themed: “Focus on the Agriculture Sector, Food Security, Research and AfDB Investments.”

He noted that the money would be used for the development of agro-industrial hubs, aggregation centres and agricultural transformation programmes.