Lagos, Others Gulp N75.2 Bn World Bank Agric Fund

starconnect
starconnect
Commissioner of Agriculture, Prince Gbolahun Lawal,

April 20, 2015 – Not less than $380 million about N75, 240,000 000 was spent by World Bank on development of agriculture in Lagos and some other states in the last eight years.

A breakdown of the figure shows that $180 million was spent on Commercial Agriculture Development Project (CADP) while $200 million was spent on National Fadama Development Project (FADAMA).

Commissioner for Agriculture, Prince Gbolahan Lawal who made the revelation at a press briefing in Lagos said the $200 million Fadama grant was accessed by six states while the $180 million was accessed by five states including Lagos.

He said that as a result of performance of Lagos State in the World Bank assisted project, the state has been selected among six others to withdraw from the $25 million grant from the World Bank through the Federal Government for the year 2015.

Lawal explained that about 3,000 birds were killed during recent onset of bird flu in Lagos State.  He said that about 2,000 birds were killed in one farm, 500 birds each in two other farmers and 10 birds in a zoo on the Lekki axis and that there is currently no incident of bird flu in Lagos State.

He said that most of the food requirement of Lagos State is currently being meant by through food importation from other state.

“At the end of 2014, our internal production has been 10 percent which is an increase of 7 percent from 3 percent  in pre-2007”, adding that the target of Lagos is to hit 25 percent by 2018.

He said the asset base of cooperative societies in Lagos state is now N60 billion and that there are about 6, 500 cooperative societies in Lagos out of which only 2, 700  have been revalidated and confirmed active.

 

 

 

 

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Be the first to get the news as soon as it breaks Yes!! I'm in Not Yet
Verified by MonsterInsights