NewsKaduna: Farmers' Groups Get World Bank Revolving Loan

Kaduna: Farmers’ Groups Get World Bank Revolving Loan

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By Ayodele Oni

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Farmers Groups from Ten communities in Kaduna State have benefitted from the World Bank assisted Agro Climatic Resilience in Semi-Arid Landscape, (ACReSAL) fund.

Each of the groups received $25,000, cheque which was presented by Governor Uba Sani all amounting to over N375 million, as Community Revolving Fund.

The fund was provided by the world bank assisted Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project, to enable beneficiaries invest in climate-smart rain-fed agriculture.

The benefitting communities include Anchau, Kuzuntu, Kubau, Zuntu and Jenau, as well as Likoro, Jaja, Hunkuyi, Kudan and Danmahawayi communities.

Speaking at the event, the Governor noted that the Community Revolving Fund aligns with his administration’s “commitment to Rural Transformation which is designed to support registered farmer groups under the umbrella of Community Interest Groups (CIGs), with loans.’’

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He pledged that Phase two will commence in the second quarter of the year, with four local governments in the Central and Southern Senatorial Zones as well as two Area Councils in the Northern Senatorial Zone.

According to the Governor, the concluding phase of implementation will cater for the remaining 11 local government areas.

Governor Uba Sani maintained that ‘’Kaduna State is proud to be at the forefront of initiatives aimed at combating climate change and ensuring sustainable livelihoods for our people.

‘’Over the years, we have implemented a range of strategic policies and programmes designed to enhance ecological conservation, mitigate the impact of climate change, and promote economic resilience among our citizens.

‘’With the support of ACReSAL, the State Government unveiled a 10-year Climate Change Policy, trained 500 women, youth, and school-feeding vendors in the production of biomass briquettes as an alternative to wood fuel.”

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The Governor recalled that his administration had identified 22,435 hectares of degraded land for  restoration, provided state-of-the-art weather station.

Sani also procured the Amphibious Excavator, otherwise known as Swamp Buggy, for the prevention and control of erosion, deepening of waterways, maintenance and cleaning of rivers.

Earlier, the Task Team Lead of the ACReSAL project, Dr Joy Iganya Agene commended Kaduna State for its commitment to environmental sustainability, which is evident in the state being one of the best performing sub nationals in the country .

Also speaking at the event, Minister of Environment, Malam Balarabe Abbas Lawal, warned that Community Revolving Fund is a loan and not a grant, adding that it will function as an investment fund for community and farmer groups.

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‘’The loan is intended for communities, facilitating circulation among farmers and sustained through groups that ensure the loan remains active within your community via timely repayment, thereby enabling other farmers to reap the benefits.

“The ACReSAL project constitutes a significant component of the Federal Government’s aim to rehabilitate one million hectares of degraded land, contributing to the overarching goal of restoring four million hectares by the year 2030.

‘’The initiative will additionally contribute to diminishing the susceptibility of countless individuals living in extreme poverty in northern Nigeria, thereby enhancing their capacity to engage in the stewardship of their surroundings.”


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