Nigeria 's the World Bank has procured 25,000 metric tons of fertiliser for local irrigation farmers and plans to sell it at a subsidised rate in order to boost agriculture in the region. The state is spending NGN1.4bn ( $3.8m ) to subsidise the product, is providing seeds and chemicals, and is drilling million tube wells. Additionally, the government is paying NGN40m towards the World Bank and NGN56m towards Sokoto State Government “The government has paid N40 million as counterpart funding to the International Fund for Agricultural Development, and N56 Million for the World Bank funded Fadama III project, which are all aimed at improving farming activities in the state,” he added.(NAN). funded Fadama III project.
Nigeria 's the World Bank has procured 25,000 metric tons of fertiliser for local irrigation farmers and plans to sell it at a subsidised rate in order to boost agriculture in the region. The state is spending NGN1.4bn ( $3.8m ) to subsidise the product, is providing seeds and chemicals, and is drilling million tube wells. Additionally, the government is paying NGN40m towards the World Bank and NGN56m towards Sokoto State Government funded Fadama III project.