• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Thursday, February 12
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Business»Agriculture»AfDB Votes $50M For Construction Of Farm Roads In Anambra State
Agriculture

AfDB Votes $50M For Construction Of Farm Roads In Anambra State

By orientalnewsngJanuary 29, 2020No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Richard Ginika Izuora

The African Development Bank, ADB, is to offset cost of construction of rural/farm roads in 14 Local Government Areas of Anambra state at the cost of $50 million

The Project Coordinator of the Anambra Rural Access and Agricultural Marketing Project, RAAMP, Joe Onyejekwe, an engineer said the project would be sited in some select food producing corridors of the state.

According to him, diligent decisions were reached to site the projects within these food producing belts of the state — Ayamelum, Anambra East, Anambra West, Oyi, Dunukofia, Awka North, Awka, South, Orumba North, Orumba South, Aguata, Ihiala, Ogbaru, Idemili South and Anaocha.

He said the projects were originally conceived by the federal government, when it was established that the country was steadily losing $9.8 billion annually in post harvest losses.

This stemmed from the inability of the food producing areas to readily access the markets to evacuate their harvests.

He said that the federal government then opened up discussions with two major funding agencies — the World Bank and the African Development based in Abidjan.

Onyejekwe, a Senior Special Assistant to the Governor on Works, noted that it was in the bid to overcome this anomaly that the federal government then, projected to execute the jobs in 18 states.

He said that it was resolved that five states — Anambra, Borno, Benue, Taraba and Cross River States would be financed by the African Development Bank and the rest to be financed by the World Bank.

“The ADB has since accepted to bankroll the projects, promising each of the five states 50 million dollars. Their officials have made two major visits to Anambra State, during which they have interacted with the people from the concerned communities.

“They have all mutually agreed to work together toward the successful realisation of the projects,’’ he said.

Onyejekwe said that the project, which aims primarily at building all-season farm roads, would have complementing infrastructure and facilities like building of markets, Veterinary clinics, cottage industries, Road Safety Service centres, Storage facilities.

The benefitting communities would be trained on road maintenance and partnership with the private sector for the provision of transport for evacuation of farm produce.

The job would also entail resettlement of people, who might be displaced in the process for project delivery.

He confirmed that the Anambra State Government had demonstrated commitment by striving to meet all the local requirements to access the funding for the project.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
cover
orientalnewsng

Related Posts

Nigeria’s Food Security Strategy Inimical To Investment In Agricultural Sector-CPPE

February 2, 2026

FuelTree,FACAN Collaborates To Widen Access To Clean Energy For Agrc Communities

January 20, 2026

Nigeria To Invest $3.5 Billion Post Harvest Loss Mitigation Plan 

September 9, 2025

Leave A Reply Cancel Reply

2025 OrientalNews Conference

0
Years
:
0
Months
:
0
Days
:
0
Hrs
:
0
Mins
:
0
Secs
The latest
  • Policy Implementation, Regional Collaboration, Others To Shape Energy Development
  • INEC Partners NPC On Electoral Security For FCT Election
  • Nigerians Celebrate Matthew Tonlagha At 50 In Abuja
  • Lagos State Hands Over Provisional Letters Of Allocation To 180 Beneficiaries At Alaba Market
  • Alleged N868.4m Fraud: Former Acting AGF Admits Release Of Funds  To Private Companies 
  • MCE Warns Senate Amendment To Section 60(3) Of Electoral Act To Orchestrate Manipulation 
  • Galaxy Blackbone Commends NYSC On National Integration 
  • Nigeria Air Force Chief Outlines Roadmap To Deal With Insurgency, Banditry 
  • NAPTIP Reveals New Tactics Of Traffickers On South Asia Region, Rescue 23 Youths 
  • NRS Highlights Critical Role Of Technology To Implementation Of New Tax Laws 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.