Business A.M
No Result
View All Result
Tuesday, March 17, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Agriculture

Enugu: 2000 rural farmers benefit from World Bank $750m Nigeria CARES programme

by Admin
January 21, 2026
in Agriculture, Frontpage, Imo

 

  • Aims to boost food production, stimulate rural economy
  • To be replicated two other senatorial districts

 

 

At least 2,000 indigent and vulnerable rural farmers in Enugu State have received improved inputs for dry season farming under the World Bank-assisted Covid-19 Action Recovery and Economic Stimulus, otherwise called the CARES programme.

Findings by Business A.M. indicate that the programme is fully aligned with a forthcoming World Bank 2020–24 Country Partnership Framework for Nigeria, and Nigeria’s Economic Reform and Growth Plan 2017–20 and the National Economic Council’s COVID-19 action plan.

The programme outlines a proposed programme-for-results (PforR) operation in the amount of $750 million to support Nigerian states in their efforts to mitigate the impact of the COVID-19 pandemic on the livelihoods of poor and vulnerable households and microenterprises in the country. The proposed PforR is an emergency operation designed to support budgeted programme of expenditures and interventions at the state level targeting existing and newly vulnerable and poor households, agricultural value chains, and micro and small enterprises (MSMEs) affected by the economic crisis.

The operation provides financial support to the states to fulfil programme objectives in four key results areas: strengthening institutional support for coordination and delivery; increasing cash transfers and livelihood support to poor and vulnerable households; increasing food security and safe functioning of food supply chains for poor households; and preventing collapse and facilitating recovery of household/ micro enterprises.

The programme development objective is to protect livelihoods and food security of poor and vulnerable families and facilitate recovery of local economic activity in all participating states across Nigeria.

Enugu State government, which is one of the participating states in the $750 million World Bank Nigeria CARES programme, undertook the distribution of the improved agricultural inputs to the farmers in the rural areas. The improved agricultural inputs included cassava stems, rice seeds, fertilizer and herbicides.

Governor IfeanyiUgwuanyi addressed the beneficiaries during the flag-off of the programme, saying that the intervention was aimed at improving the state’s agricultural productivity, create employment, and also act as a catalyst to stimulate the state’s rural economy.

Enugu state with an estimated $5.86 billion gross domestic product (GDP) economy, is a mid-tier 3 sub-national, placing 25 of 36 Nigerian states in a 2016 GDP ranking of Nigeria’s states. The state has fewer industries, but with a bulging civil servant population.

Governor Ugwuanyi, who was represented by his deputy, Cecilia Ezeilo, informed that the improved agricultural inputs distribution was informed by the key pillar of the CARES programme which recommends support to farmers with quality farm inputs such as high yielding seed varieties, in order to ensure sustainability of food production and improved livelihoods of the state’s farming families.

“The improved agricultural inputs for distribution in this event were acquired by the state government, in line with recommendation of the State CARES committee. The agricultural inputs intervention targets the agriculture value-chains in which the state has comparative advantage, namely rice and cassava farming,” the governor said.

He said the exercise will be replicated in the other two senatorial districts of the state; and that the initiative was mainly to reach the poor and vulnerable farmers “for economic empowerment, poverty alleviation, reduction of conflict-inducing social inequalities, boost agricultural productivity and stimulate the rural economy of the state.”

Governor Ugwuanyi commended the state’s CARES committee headed by the commissioner for finance, AdaonahKene-Uyanwune, for living up to expectation. He announced that the state government was making farming an all-season activity, in order to further broaden and stabilize the role of farming as a source of sustainable employment, livelihood and constant supply of raw materials for the local industries, and for export.

According to Matthew Idu,state commissioner for agriculture, the improved agricultural inputs distribution exercise was to increase food production in the state; and is also one of the measures to address the adverse effects of the COVID-19 pandemic. He urged the agriculture supervisors to ensure maximum utilization of the inputs, and that they should not sell the products.

 

Admin
Admin
Previous Post

Dangote Cement sees Q3 revenue rise 34.2% as 9-months’ in at N761.4bn

Next Post

CBN says P-AAD offering N2bn per obligor, accessible to at least 370,000 Nigerians

Next Post

CBN says P-AAD offering N2bn per obligor, accessible to at least 370,000 Nigerians

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

From presence to power: Building the table we deserve

From presence to power: Building the table we deserve

March 16, 2026
The cold chain gap draining Nigeria’s food economy

The cold chain gap draining Nigeria’s food economy

March 16, 2026
Nigeria’s inflation dips to 21.88% in July — NBS

Nigeria’s 15.06% inflation drop overshadowed by rising food costs

March 16, 2026
Nigeria sits on untapped oil wealth amidst soaring debt burden

Oil rally puts Nigeria back on the boom-bust tightrope

March 16, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

From presence to power: Building the table we deserve

From presence to power: Building the table we deserve

March 16, 2026
The cold chain gap draining Nigeria’s food economy

The cold chain gap draining Nigeria’s food economy

March 16, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M