HomeNEWSWorld Bank Approves $700m Credit For Nigeria’s Agro-Climate Project

World Bank Approves $700m Credit For Nigeria’s Agro-Climate Project

The World Bank has approved a seven hundred million dollars credit from the International Development Association (IDA) for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project.

According to a statement issued by the bank on Thursday,  the project would increase the implementation of sustainable landscape management practices in northern Nigeria and strengthen the country’s long-term enabling environment for integrated climate-resilient landscape management.

The bank said that the productivity of major crops in Nigeria has been steadily declining over the past two decades, in part due to climate change, forcing an expansion of the area under agriculture and increased imports to meet the food needs of Nigeria’s growing population.

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