16/02/2026
AfDB backs Nigeria farm drive
African Development Bank Group has approved a $200 million loan to support Nigeria?s efforts to expand agricultural production and curb reliance on food imports, reinforcing Abuja?s push to tackle food inflation and strengthen rural incomes. Board members of the AfDB cleared the financing to scale up priority investments across key value chains, targeting improved productivity, better access to inputs and enhanced storage and processing capacity. The funding is expected to complement federal initiatives aimed at boosting domestic output of staples such as rice, maize and wheat, while also supporting livestock and horticulture segments that have faced supply constraints. Nigeria, Africa?s...
