The African Development Bank will be launching an $800 million scheme to support the agriculture sector in Nigeria.
President of the Bank, Dr. Akinwumi Adesina, said the support is on the platform of the AfDB’s initiative called Technology for African Agriculture Transformation.
The AfDB president made this known at the opening of the African Economic Conference in Abuja, organised by the bank in partnership with the united Nations Development Programme.
The scheme when implemented, according to Dr. Adesina, will target 40 farmers in one year.