Home » Bauchi Signs $158m Value Chain Agreement to Boost Agriculture

Bauchi Signs $158m Value Chain Agreement to Boost Agriculture

News Desk

Bauchi State Government has signed a financial agreement for the implementation of the Value Chain Programme in the state.

According to a press release issued on Thursday by the Special Assistant on Media, Bauchi Deputy Governor’s Office, Muslim Lawal, the $158 million Value Chain project is designed to be implemented in Bauchi, Borno, Yobe, Jigawa, Kaduna, Kano, Katsina, Zamfara, Sokoto and Kebbi states.

He said while signing the agreement at the Presidential Villa, Abuja, the Deputy Governor, Auwal Jatau reaffirmed the state’s government commitment to the successful implementation of the programme.

He explained that the programme is a transformative initiative aimed at bolstering agricultural productivity and economic resilience across the benefiting states.

Jatau noted, “The Value Chain Programme is a strategic partnership that aligns with the vision of Governor Bala Mohammed’s administration of harnessing Bauchi State’s vast agricultural potential to drive industrial growth, create employment opportunities, and enhance the livelihoods of the citizens.

“This momentous occasion marks a significant stride in our collective journey towards achieving sustainable development, food security, and economic empowerment for our people.

“Under the leadership of our amiable Governor, the Bauchi State Government has developed a comprehensive agricultural development plan that leverages our land assets to unlock the state’s industrial potential.

“In this regard, Bauchi State has achieved certification as a food export processing zone, underscoring our commitment to enhancing agricultural productivity and positioning ourselves as a key player in the regional and global agricultural markets.”

Jatau assured that the government of Bauchi State is fully committed to providing a conducive environment for the implementation of the new Value Chain Programme, and will continue to prioritise policies and initiatives that support agricultural development, ease of doing business, and private sector investment.

He emphasised “Our administration has demonstrated strong commitment and willingness by participating in the World Bank’s first performance-for-result programme known as the State Action on Business Enabling Reforms , and we will build upon this foundation to ensure the effective implementation of this programme.”

Jatau conclude by appreciating all the partners, stakeholders, and development agencies for their unwavering support and collaboration with Bauchi state, paving the way for a prosperous and sustainable future.

The project is co-funded by the International Fund for Agricultural Development, the French Development Agency, and the Federal Government of Nigeria.

(Punch)

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