Categories: Business and Banking

IFAD grants N1m agric loans to 9 associations in Jigawa

The International Fund for Agricultural Development (IFAD) has granted over N1 million agriculture development loans to nine trade associations at Guri Local Government Council of Jigawa.

The IFAD Coordinator in the council area, Alhaji Ahmed Muhammad, disclosed this in Guri on Wednesday while disbursing the funds and distributing equipment to Kalwa women in Abunabo and Nagarta Fish Sellers Association, among others.

Mohammad said that N250, 000 was released to the smoked fish sellers, while other beneficiaries got 10 irrigation pumps, 27 bags of fertiliser, 10 bags of paddy rice and 15 bags of flour, among others.

He said that all the beneficiaries were expected to repay whatever they received in cash within one year and six months.
The Council Chairman, Alhaji Barkono Adiyani, commended IFAD for the loans, which he said, would assist the beneficiaries to become self-reliant.
Represented by the Council’s Supervisory Counsellor for Works, Alhaji Umaru Madugu, Adiyani, urged the beneficiaries to repay the loans in time so that others could benefit from the funds.

The News Agency of Nigeria (NAN) reports that some of the associations had disbursed part of the funds they received from IFAD to their members, while others purchased farming equipment and distributed same to their members.

IFAD grants N1m agric loans to 9 associations in Jigawa was last modified: September 5th, 2018 by Francis Belux
Francis Belux

Share
Published by
Francis Belux
Tags: grantsIFAD

Recent Posts

Photos of Fake Buhari Death Certificate posted by Bishop Orieke

PoliticsNGR has gotten photos of a fake death certificate published by one Bishop Eze Orieke who is currently in trouble…

34 mins ago

Presidential Panel seeks Probe of Bishop spreading Buhari’s Death rumour

The Special Assistant to the President on Prosecution and respected lawyer, Mr. Okoi Obono-Obla, has written to the Department of…

51 mins ago

Revealed: What President Buhari told Ekweremadu, South East Governors

President Muhammadu Buhari has assured that all ongoing Federal projects in the South East will be funded, saying that the…

1 hour ago

Book Launch: ‘Jonathan voted for me’ – Atiku, Crowd reacts (WATCH)

Presidential Candidate of the Peoples Democratic Party, PDP, Atiku Abubakar has revealed that Former President, Goodluck Jonathan, voted for him…

3 hours ago

JUST IN: Okorocha absent as Buhari meets with Ekweremadu, SE Governors (PICS)

President Muhammadu Buhari met with Governors from the South-East earlier today at the State House in Abuja. PoliticsNGR learned that…

3 hours ago

APC inaugurates conflict resolution Committees (LIST/PHOTOS)

The ruling All Progressives Congress, APC has inaugurated Conflict resolution committees for the 6 geopolitical zones of the country. The…

4 hours ago