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Nigeria - Agricultural Transformation Agenda Support Program – Phase I

Sector: Oil and Gas • Location: Nigeria

Source: African Development Bank (AfDB)

Project

The Agricultural Transformation Agenda Support Program Phase I (ATASP-1) is a programmatic operation that will be the main instrument for consolidating Bank investments in Nigeria. It aims to support the Nigerian Federal Government in the implementation of its Agricultural Transformation Agenda (ATA) launched to attract private sector investment in agriculture, reduce post-harvest losses, add valu

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The project “Nigeria - Agricultural Transformation Agenda Support Program – Phase I” is an infrastructure initiative in the Oil and Gas sector, located in Nigeria. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The Agricultural Transformation Agenda Support Program Phase I (ATASP-1) is a programmatic operation that will be the main instrument for consolidating Bank investments in Nigeria. It aims to support the Nigerian Federal Government in the implementation of its Agricultural Transformation Agenda (ATA) launched to attract private sector investment in agriculture, reduce post-harvest losses, add value to local agricultural produce, develop rural infrastructure and enhance access of farmers and other value chain actors to financial services and markets. The ATA sets out to create over 3.5 million jobs along the value chains of the priority agricultural commodities of rice, sorghum, cassava, horticulture, cotton, cocoa, oil palm, livestock, fisheries, etc. for Nigeria’s teeming youths and women, in particular. ATASP Phase I (ATASP-1) will be implemented in five years and is estimated to cost UA113.54 million, respectively, in four Staple Crops Processing Zones (SCPZs) of Adani-Omor, Bida-Badeggi, Kano-Jigawa and Kebbi-Sokoto. Key impacts are additional incomes to an increased number of producers and entrepreneurs in the sector by the creation of about 120,000 jobs along the value chain of priority commodities; and additional 20 million metric tons of key commodity food crops added to domestic food supply per annum.

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