The Punch
AfDB Mobilises $2.2 Billion for Nigerias Agro-Industrial Hubs Expansion Project
The African Development Bank Group has pledged $2.2 billion to support Nigeria's agro-industrial hubs as part of the country's Special Agro-Industrial Processing Zones initiative.
The African Development Bank Group has announced a significant investment of $2.2 billion to support the second phase of Nigeria's Special Agro-Industrial Processing Zones initiative. This funding is aimed at advancing the development of agro-industrial hubs across the country, which are expected to boost agricultural productivity and create jobs. The initiative is part of Nigeria's efforts to diversify its economy and increase its reliance on agriculture. With this new investment, Nigeria is one step closer to achieving its goals in promoting sustainable economic growth through its agro-industrial sector.
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