The U.S to Support Nigeria’s Cocoa Value Chain with a $22million Project

Share the News
Osaretin Balogban

The United States and Lutheran World Relief are both in a cooperative agreement to support the cocoa value chain in Nigeria.

See Also: World Bank To Fund $900 Million Development Projects In East Congo

The Program indicated as the U.S Department of Agriculture’s Food for Progress is valued at $22 million.

The program will be followed through the next five years with roughly 68,000 farmers across Abia, Cross River, Ekiti, Akwa Ibom, Ondo, and Osun State benefiting from the program.

It is focused on farmers in high-density and high-producing communities as well as those in low productivity but sited in highly promising areas.

The program aims to increase cocoa productivity, improve access to inputs, and improve processing and export markets.

Speaking on the program’s aim, Counselor for Agricultural Affairs, U.S. Mission Nigeria, Gerald Smith, said the project is to increase cocoa production while maintaining land fertility and biodiversity.

Smith also noted the program will assist developing countries in conducting sustainable agricultural practices by offering capacity-building opportunities.

Source: Daily Post

Leave a Reply

Your email address will not be published.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