The International Fund for Agricultural Development (IFAD) Nigeria Country Representative, Nadine Gbossa, has disclosed that a total of $329 million (N118.44 billion) has been budgeted for Value Chain Development Programme (VCDP) in Nigeria.
IFAD is an international financial institution and specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. The VCDP project is a partnership between the Federal Government of Nigeria, Olam Nigeria and IFAD. In the project, IFAD will contribute about $250m while Olam and the FG will contribute $79m.
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