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Home ยป 5000 farmers benefit from W/Bank, FAO $55m intervention in C’River, Ondo
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5000 farmers benefit from W/Bank, FAO $55m intervention in C’River, Ondo

OsunDailyBy OsunDailyFebruary 11, 2024No Comments2 Mins Read
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5000 farmers benefit from W/Bank, FAO $55m intervention in C'River, Ondo
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At least 5000 smallholder farmers have been listed to benefit from the World Bank, Food And Agriculture, FAO, as well as partners interventions in establishing alternative livelihood projects in forest communities of Cross River State.

Similar intervention is equally ongoing in Ondo State.

The two are the only Niger Delta states selected to benefit from the intervention because of their acknowledged remaining vast forests and arable lands.

National project coordinator of the Global Environment Facility, which is handling the 3-year FOLUR Impact Programme, Prof Oladapo Adeyemi disclosed this in Calabar weekend during a 1-day agric workshop.

Adeyemi said that the 5000 were selected from eight local government areas where the programme of boosting oil palm, cocoa, as well as alternative livelihood initiatives of squirrel and rabbits rearing are ongoing.

โ€œThe programme will support peopleโ€™s livelihoods as a way of discouraging them from further depleting the remaining forests in the country and empowering them.

โ€œIt focuses on accelerating sustainability across the value chains of eight major commodities and food staples, including cocoa, coffee, livestock, maize, palm oil, rice, soy and wheat.

โ€œThis project was supposed to be a 5-year programme but we now have only three years to run it in both Ondo and Cross River states and to ensure their impacts are well felt.

โ€œThe World Bank is funding this programme through the Global Environment Facility. The FAO are official partners in Nigeria. Other partners include the state government, the Central Bank of Nigeria, Bank of Agric and others. We expect the co-financing to go up to $50 million during the period,โ€ he said.


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55m benefit CRiver FAO farmers intervention ONDO WBank
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