FFUAE Votes N87.5m to Support Farmers

  • FFUAE Votes N87.5m to Support Farmers

A non-governmental Organisation (NGO), Foundation for Unemployed and Empowerment (FFUAE), has set aside N87.5 million to support 350 farmers in 12 states.

The grant is to encourage farmers to introduce modern techniques, promote increased domestic production and opportunities for value-added agro-processing.

The 12 states are Edo, Enugu, Anambra, Akwa Ibom, Abia, Nassarawa, Kogi, Benue, Kaduna, Kebbi and Cross River.

According to the organisation, farmers will be selected after officials from the foundation had conducted farm and factory site inspection.

In furtherance of this, the organisation said it was carrying out capacity building on five value chain products in designated zones across the country. The value chains are cassava, rice, aquaculture, maize and poultry.

FFUAE said the organisation was partnering with Commercial Agricultural Development Project (CADP), Enugu State and with AL – TAJ Fund for Development, (Dubai) to empower unemployed youths and women who wanted to go into agriculture.

Through its Small-Scale Business Enterprise/Youth Employment Programme (SSBE & YEP), the foundation said it was giving financial grants and technical advice to support Nigerians to develop the agricultural industry through diversification and by creating added value.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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