Kogi State Governor Ahmed Usman Ododo has launched the second tranche of the ACReSAL/World Bank Community Revolving Fund, benefiting 2,381 direct beneficiaries across 170 groups of farmers in 80 communities. This initiative, worth N3 billion, aims to improve food security through a free interest loan system .
The Community Revolving Fund is part of the Agro-climate Resilience in Semi-arid Landscapes (ACReSAL) project, which focuses on mitigating climate change impacts and promoting sustainable agricultural practices. This program prioritizes women, with 70% of the beneficiaries being female .
Governor Ododo emphasized the importance of this initiative, stating that it aligns with his administration's drive for food security and sustainable agriculture. He urged the beneficiaries to utilize the funds judiciously, ensuring broader community benefits ¹.
The State Coordinator of ACReSAL, Barrister Ladi Ahmed Jatto, commended the governor for his commitment to the project's succes.
This initiative is expected to have a positive impact on the lives of the beneficiaries and the state's agricultural sector as a whole. By providing access to funding, the Kogi State government is empowering farmers to improve their productivity and contribute to the state's food security
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