The initiative is a public-private partnership aimed at
developing priority value chains through developing infrastructure in rural
areas and finishing and transforming raw materials and commodities.
AfDB said the bank and partner institutions plan to raise
$520 million for the implementation of Phase 1 of the project.
Prof. Banji Oyelaran-Oyeyinka, Special Adviser on
Industrialisation to the President of the AfDB on Thursday said that livestock
farming was one of the areas selected by the states.
The selected states include Cross River State – cocoa, rice,
and cassava; FCT – beef and dairy livestock; Imo State – beef and dairy
livestock; Kaduna State – tomato, maize, and ginger; Kano State – rice, tomato,
groundnuts, and sesame oil; Kwara State – livestock; Ogun State – cassava,
rice, poultry and fisheries and Oyo State – cassava, soybean, rice.
The AfDB representative added that livestock farming and
ranching will require training for beneficiaries,
He said that the eight benefiting states were given the
option to identify their top three crops, saying that apart from livestock,
some identified cassava, rice, cocoa among others.
He said that with the processing zones, it is hoped that the
era of people carrying cattle about would soon be over.
“So we are hoping that the processing zone will also create
the special livestock zone, including ranching, and whenever you see livestock
at the heart of it, then you see people making feedstock, veterinary services.
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