World Bank 2020 empowerment Application Form – World Bank launched a total sum of $200 million to over 60,000 Nigerian farmers to empower youths through its Productivity Enhancement and Livelihood Improvement Support (APPEALS) initiative, The project has a dedicated sub-component to benefit women and youths that will allow them to develop agro-businesses that are expected to create jobs and improve their livelihoods.
This project are meant for development, financing, and support of de-risked and optimized agribusiness projects. The project development objective of APPEALS, NIRSAL would provide its Tools, Techniques, Methodologies and strategic Partnerships (TTMPs).
World Bank to Fund and empower Nigerian farmers especially unemployed youths that have decided to engage in farming as a means of Livelihood, to help promote entrepreneurship among youths, while creating a favourable environment for them to start their own businesses.
This was made known in a statement by Anne Ihugba, the head of Corporate Communications of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), World Bank Empowerment to Nigerian Farmers with Sum of $200 Million.
World Bank 2020 empowerment Application Form and How to Apply
This opportunity is strictly for 6 states with 21,000 women as direct beneficiaries of the World Bank project. These states include: Cross River, Enugu, Lagos, Kogi, Kaduna, and Kano states.
This World Bank 2020 empowerment Program is targeting 60,000 beneficiaries and 360,000 farm household members as indirect beneficiaries.
The project is open for women and youths that will allow themselves to venture into agro-businesses to create jobs and improve their livelihoods through this opportunity as dedicated to them for sub-component to benefit them. It is anticipated that 35 percent of direct beneficiaries or 21,000 individuals will be women.
According to its mapping to Markets (M2M) strategy on the project and with the aim of enhancing agricultural productivity of small and medium scale farmers.
It is noted that NIRSAL, through the project, would ensure “improvement of value addition along the cassava, cashew, rice, poultry, aquaculture, cocoa, wheat, tomato, maize, ginger and dairy value chains in a sustainable manner.”
The Managing Director/Chief Executive Officer of NIRSAL, Mr. Aliyu Abdulhameed, had at the signing of the MoA, assured that APPEALS had found a trustworthy, reliable and capable partner that shared the project’s objectives of improved value addition among others.
The NIRSAL CEO assured that the agency would deploy its technologies toward the formation of Agro-Geo-Cooperatives for selected commodity value chains through geospatial mapping, soil suitability tests, Bank Verification Number (BVN) enrollment for farmers among others.
We want to use this medium to clarify to the public that at the moment World Bank Empowerment project have not started conducting its recruitment for now and will make it a public through major newspapers and other relevant media house whenever such recruitment exercise is to take place as already approved by the Federal Government.
Nevertheless, you can navigate through this website to check for other available grant or loan available for disbursement.
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