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Kogi State signs $72 million loan with World Bank, IFAD to boost agriculture infrastructure

The Kogi State government has announced that it signed two deals from World Bank and the International Fund for Agricultural Development (IFAD) valued at $62 million and $10 million respectively, to boost over 500 kilometres of rural roads, and agriculture development to fight food security in the state. This was disclosed by Mohammed Onogu, Chief Press Secretary to Governor Yahaya Bello, in a statement on Friday in Lokoja. He said the IFAD programme is an Assisted Value Chain Development Programme to create “agricultural initiative aimed at reducing rural poverty, enhancing food security among the poor households and promoting economic growth on a sustainable basis.”

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