The International Fund for Agricultural Development (IFAD), has contributed $60 million to the Federal Government/IFAD-Livelihood Improvement Family Enterprises project in the Niger Delta (LIFE-ND).
Mrs Dede Ekoue, IFAD Nigeria Country Director, who made this known on Tuesday, said the contribution was made out of the total amount of $67.8 million budgeted for the project.
Ekoue was speaking during the Federal Government/IFAD LIFE-ND Mid Term Review Mission Inception workshop in Abuja.
She identified LIFE ND as an important programme aimed at enhancing income, food security and job creation for rural youths and women, through a sustainable agri-enterprise development in the region.
She said the mid term review showed that the project had made significant progress, including an outreach of 14,155 smallholder farmers as against the targeted 25,500.
She noted that the figure represented 55.5 per cent.
According to her, no fewer than 2,500 community women and youths have been trained on the use and cultivation of bio-fortified planting materials.
They include Pro Vitamin A cassava, brown rice, fruits,, orange fleshed sweet potatoes, and homestead establishment, in more than 39 schools and 150 incubation centres.
She noted that the efforts were aimed at improving nutrition and income generation.
“The uniqueness of LIFE-ND lies in its innovative incubation approach to youths entrepreneurs, taking into account gender equality.
“The project has engaged 792 mature businesses (enterprise incubators), who are working with the project to create and coach 6,035 new enterprises, which represents gainful jobs for women and youths in Nigeria.
“It is worthy of note that a total of 6,500 hectares have been acquired to facilitate women and youth’s access to land, a critical asset for scaling up agricultural activities,” she said.
Ekoue further said that the MTR mission represents an opportunity to identify strategies, to scale up the results and the project’s impact.
She said, “The mission is an important participatory exercise that calls for active contributions of all stakeholders in developing pathways to maximise the impact of LIFE ND, building on the best practices, generated by the project and addressing challenges facing target groups and beneficiaries.
“The mission is leveraging opportunities that are yet to be fully harnessed, including digital solutions and the partnership with the Niger Delta Development Commission (NDDC), to scale up support to youths and women, help enterprises development, job creation and foster the transformative growth of agro-food sector.”
Dr Musa Bukar, Director, Programme Coordinating Unit, Federal Ministry of Agriculture and Rural Development, commended the achievements of the project so far.
Bukar appealed to IFAD to boost its funding to accommodate other Niger Delta states like Imo, Rivers and Akwa-Ibom.
He assured IFAD of the ministry’s commitment to ensuring full realisation of the project’s objectives.
Also, the National Project Coordinator FGN/NDDC/ IFAD LIFE-ND, Mr Abiodun Sanni, said that in the last three years, the project had contributed significantly to the national economy and also created more than 6,000 jobs among the targeted beneficiaries in the region.
Sanni said the project covered nine states, including Abia, Cross Rivers, Bayelsa, Delta, Edo, Ondo, Imo, Rivers and Akwa-Ibom.
According to him, IFAD is financing Abia, Cross Rivers, Bayelsa, Delta, Edo and Ondo states, while NDDC is financing Imo, Rivers and Akwa-Ibom.
“The programme, with a duration of 12 years started in 2019,” he said.
The national coordinator however, said some of the challenges the project was facing were as a result of global crises such as the Russia and Ukraine war, which affected the international supply chain, and created inflation in the value chain.