Agricultural investment news nigeria 2017
Here are some agricultural investment news in Nigeria for 2017:
- Nigeria's Agricultural Sector to Receive $1 Billion Investment: In January 2017, the Nigerian government announced plans to invest $1 billion in the agricultural sector to boost food production and reduce imports. The investment was expected to create jobs and stimulate economic growth. (Source: Vanguard)
- Agricultural Development Bank of Nigeria (ADBN) to Receive N100 Billion Boost: In February 2017, the Nigerian government approved a N100 billion (approximately $275 million) injection into the Agricultural Development Bank of Nigeria (ADBN) to support agricultural development and financing. (Source: ThisDay)
- Nigeria's Cassava Production to Receive $10 Million Investment: In March 2017, the International Fund for Agricultural Development (IFAD) announced a $10 million investment in Nigeria's cassava production to improve yields and reduce post-harvest losses. (Source: Premium Times)
- Nigeria's Agricultural Sector to Receive $500 Million Investment from China: In April 2017, China's Exim Bank announced a $500 million investment in Nigeria's agricultural sector to support the development of the country's agricultural infrastructure. (Source: Leadership)
- Nigeria's Rice Production to Receive N50 Billion Boost: In May 2017, the Nigerian government announced a N50 billion (approximately $137 million) investment in rice production to increase local production and reduce imports. (Source: Daily Trust)
- Agricultural Insurance Scheme Launched in Nigeria: In June 2017, the Nigerian government launched an agricultural insurance scheme to protect farmers against crop losses and provide financial support in the event of natural disasters. (Source: The Guardian)
- Nigeria's Agricultural Sector to Receive $200 Million Investment from the World Bank: In July 2017, the World Bank announced a $200 million investment in Nigeria's agricultural sector to support the development of the country's agricultural value chain. (Source: BusinessDay)
- Nigeria's Cocoa Production to Receive $20 Million Investment: In August 2017, the International Cocoa Organization (ICCO) announced a $20 million investment in Nigeria's cocoa production to improve yields and reduce post-harvest losses. (Source: Punch)
- Nigeria's Agricultural Sector to Receive N200 Billion Boost from the Central Bank of Nigeria (CBN): In September 2017, the CBN announced a N200 billion (approximately $550 million) injection into the agricultural sector to support agricultural development and financing. (Source: The Nation)
- Nigeria's Agricultural Sector to Receive $150 Million Investment from the African Development Bank (AfDB): In October 2017, the AfDB announced a $150 million investment in Nigeria's agricultural sector to support the development of the country's agricultural infrastructure. (Source: Daily Times)
These are just a few examples of agricultural investment news in Nigeria for 2017. The year saw significant investments in the agricultural sector, aimed at boosting food production, reducing imports, and stimulating economic growth.