Minister of finance visits IITA, ADB-funded agri-business empowerment program

Minister of finance visits IITA, ADB-funded agri-business empowerment program

Nigerian Minister of Finance, Honorable Kemi Adeosun, visited the International Institute of Tropical Agriculture (IITA) on 10 June to learn about the IITA Agripreneurs Program (IYA) and the African Development Bank-funded ENABLE Youth (Empowering Novel Agri-Business-Led Employment) Program.

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The Minister and her party had been welcomed by IITA Director General Nteranya Sanginga and senior body of workers, which includes individuals of the IYA.

“This is the primary time that a Minister of Finance from the Federal Republic of Nigeria visited IITA in its 50 years of existence,” Sanginga said. “We have hosted Presidents, Ministers of Agriculture, Environment, and different officers, but you’re the first Minister of Finance to come and see for yourself what IITA is doing…. You have made our day!”

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After a quick discussion with the director general and the IITA crew, the Minister met the Agripeneurs—about a one hundred of them—all graduates of different disciplines, a number of who mentioned how the IYA software had modified their mindsets approximately agriculture and agribusiness, and the way it is now reworking their lives. Several youths supplied testimonials on how they, within the one-of-a-kind places in Nigeria, have succeeded of their begin-up agencies, thanks to the education and initial assist acquired from IITA and various companions from the personal sector, improvement partners, and international companies.

Mercy Wakawa from Biu, Borno country, as an instance, mentioned how a training provided by means of IITA’s N2Africa project funded by the Bill & Melinda Gates Foundation that she attended 2 years ago had helped her set up a groundnut oil processing cottage industry that now offers employment for seven other youths and helps the nearby groundnut industry being run via women.

Ajibola Olaniyi leads a team of two other young those who ventured into catfish farming. Without previous information, approximately fish farming however with support from IITA, Ajibola and her group resuscitated four abandoned ponds and later expanded to 17 with a capacity of one hundred fifty heaps. The growth of the enterprise has created jobs for a quick-term team of workers who paintings with the group in dealing with the ponds. The enterprise is growing with customers coming from the numerous geopolitical zones in Nigeria to patronize the goods.

TOFAN Foods is a subsidiary of IITA Youth Agripreneurs. The business, that is owned by using three younger folks that had been trained underneath the processing unit of IYA, is producing Tidbit, a snack. The snack is made from excessive quality cassava flour and cowpea. TOFAN Foods has been established in Ijebu-Ode, Ogun State, and can be scaled out the era discovered in the course of the incubation period in IYA.

Oyindamola Asaaju, some other Agripreneur, used to serve on tables, however after getting worried with IYA, she now leads a group of Agripreneurs in Onne, Rivers State, in cassava, rice, plantain, and catfish manufacturing. The organization is the usage of the IITA Station in Onne to increase new agribusiness companies in hen, catfish, and micropropagation of plantain, and serve as an incubation middle for younger humans.

In an interview after the assembly, Minister Adeosun stated she and her group came to IITA to “see what the youngsters and IITA are doing (inside the location of teens engagement in agriculture), and the way we are able to get human beings into agribusiness, which is prime for process creation and food protection.”

“We came right here (to IITA) to evaluate an assignment (ENABLE Youth) being considered with the aid of the Federal Government. From what I have visible today, I am extremely impressed and stimulated! … We have to paintings on how we will roll out this undertaking nationally!” the Minister concluded on the cease of the visit.

The African Development Bank Group (AfDB) had approved the ENABLE Youth Nigeria program and could offer a US$three hundred million as a loan to make a contribution to job creation, food protection and nutrients, rural earnings technology and improved livelihoods for kids in each city and rural areas in u . S ..

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ENABLE Youth is anticipated to create business possibilities and respectable employment for 1000 younger women and men along precedence agricultural value chains of numerous organizations (aquaculture, plants farming, advertising, processing, etc.) in keeping with the nation, consisting of Abuja, the Federal Capital Territory.

The Minister’s team included Ahmed Aliyu, Director, International Economic Relations, Special Adviser Adora Asonye, Technical Assistant Tolulope Kasali, and Chief Administrative Officer (Agriculture) Abubakar Ibrahim Matazu, among others.