Kogi State Government, in partnership with the World Bank, has launched a Community Revolving Fund (CRF) loan disbursement program under the ACReSAL project. This program provides $25,000 loans to cluster groups of farmers in the state. The initiative aims to address the challenges of climate change and support community agricultural efforts.
The program prioritizes women, with 70% of the beneficiaries being women. The governor, Ahmed Ododo, emphasized his administration’s commitment to agricultural development and highlighted various initiatives implemented within five months to enhance agricultural productivity, including providing agricultural machinery for mechanization, agricultural inputs, training, and capacity building for farmers.
The governor believes that the loan will boost agricultural practices in the catchment areas, leading to increased food production and security.
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