Jigawa secures $37m IDB loan

jigawa Gov. Muhammad Abubakar Badaru

Gov. Muhammad Badaru of Jigawa State

Islamic Development Bank (IDB)

The Jigawa Government says it has secured 37.373 million dollars facility from Islamic Development Bank (IDB) to propel irrigation, livestock production and provide more farming facilities.

Gov. Muhammad Badaru made this known to newsmen shortly after the inauguration of the state Agricultural Integrated Rural Development Programme in Dutse.

Badaru said that the scheme, which was aimed at improving economic activities in the state was expected to create direct and indirect employment opportunities to about two million people.

“We will support Micro Finance Banks in all the 27 local government areas to enable farmers access loan at an affordable rate.

“I am optimistic that, if we fully implement the policy documents of the loan over two million of Jigawa citizens will be taken out of abject poverty,” he said.

Badaru, however, said that the facility would help his administration to consolidate on its achievement in the agricultural sector.

The governor said that part of the money would be used for the rehabilitation and development of 6,000 hectares for irrigation.

Related News

Badaru said that when these hectares were fully cultivated as planned, the production output was expected to increase rice production with more than 30,000 tonnes in the state annually.

He said that part of the loan would be used to enhance productivity and value chain across the agricultural sector.

The governor said his administration would embark on the demarcation of cattle routes, thereby improving grazing reserves with the construction of windmills, solar boreholes to improve posturing for the cattle.

Badaru said that government would also embark on capacity building of at least 200 medium and large scale fish farmers and rehabilitation of 27 skills acquisition centres, among others.

He said in addition to that the loan would also be used to improve 15 markets, construct two stores in each local government for storing agricultural produce.

The governor said that the facility would be used to for the construction of a road network to link major agricultural producing centres with markets.

The state government has made necessary arrangements to export some of the produce from farm to international markets.

Load more