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FG-IFAD Value Chain Programme’s $37.2m Contribution To GDP

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The Value Chain Development Programme (VCDP), initiated by International Fund for Agricultural Development (IFAD) has contributed 37.2 million dollars (about N13.4 billion) to Nigeria’s Gross Domestic Product (GDP).
IFAD’s Communication Officer, Mrs Vera Onyeaka-Onyilo disclosed this in a document presented to a news agency in Abuja, recently.
The document, titled “VCDP Summary Progress”, noted that data on the 2016 wet season farming and 2016/2017 dry season farming indicated that VCDP also contributed 58,376 tonnes of rice and 184,378 tonnes of cassava to the national food basket.
The Federal Government is implementing VCDP, which became disbursement-effective in January 2015, in Niger, Ogun, Taraba, Benue, Ebonyi and Anambra States.
The completion date of the programme, whose goal is to reduce poverty and accelerate sustainable economic growth, is December 31, 2019.
Onyeaka-Onyilo explained that from the revenue of N38.5 billion and the implementation cost of N14.7 billion, the income-investment analysis, inclusive of overhead costs, indicated a benefit of N 2.5 for each N1 invested from the sale of produce alone.
She said that going by the review, the overall achievements indicated that the VCDP had made appreciable progress in the last two years of effective implementation.
“The programme is planned to increase agricultural income by at least 25 per cent for 45,000 smallholder farmers.
“It is also expected to indirectly benefit up to 320,800 people from the production of rice and cassava along the two value chains,” she said.
Onyeaka-Onyilo said that the specific programme development objective was the enhancement of the incomes and food security of rural poor households that were engaged in production, processing and marketing of rice and cassava on a sustainable basis.
She noted that the programme had continued to invest in group and cluster development schemes as a viable value chain business model.
“It has strength working with the private sector to facilitate service delivery to smallholder farmers, identifying viable business opportunities within the commodity chains for the youth.
“It has also ensured arable land development to boost women and youth access to land, while sharing innovative agronomic practices with farmers to enhance their productivity and youth engagement in agriculture,” she said.
Besides, Onyeaka-Onyilo said that some of the participating state governments had adopted some aspects of the value chain to enhance their service delivery to smallholder farmers.
She said that the VCDP had also influenced strong state government ownership, which was reflected by the governments’ payment of counterpart funds and policy support in land development to enhance the access of youths and women to land for dry season farming.
“The programme has also facilitated an innovative Commodity Alliance Forum (CAF), which empowers smallholder farmers to engage and transact businesses with major private sector players in each state.
“The forum involves farmers and key private sector operators who meet quarterly to review the stakeholders’ engagement in the selected commodity,” she added.
Investigations by the news agency revealed that the CAF, which had been empowering smallholder farmers and restoring confidence between off-takers and farming communities, was considered a key pillar in the sustainability of VCDP.
Mrs Laadi Ngbegha, one of the beneficiaries and a rice farmer in Iye Community, Guma Local Government Area in Benue State, said the off-taker arrangement had strengthened the use of value chain action plans (VCAPs) by participating field officials (FOs).
She said that the FOs were those officials facilitating cashless credit services on farm inputs for farmers in Benue and Niger States.
Ngbegha said the programme had facilitated the establishment of group seed production enterprises by youths via a partnership with Africa Rice Centre, National Root Crops Research Institute (NRCRI) and International Institute of Tropical Agriculture (IITA).
“It has introduced the use of private sector extension schemes to promote good agronomic practices and enhance farmers’ productivity.
“The VCDP has demonstrated that value chain is a sound economic investment model for Nigeria,” she said.
Some of the beneficiaries in Benue noted that smallholder rice and cassava farmers were now having new market opportunities.
They said that the development marked the farmers’ first steps out of poverty through a contract farming scheme in which farmers were guaranteed markets for their crops.
They emphasised that the VCDP had been able to link over 3,603 rice farmers in Benue to Olam International, an agribusiness company, to buy paddy from rice growers.
“Last year, Olam International bought around 997 tonnes of paddy from rice farmers in Benue; the rice was later processed and sold in the Nigerian market.
“Olam also provided the farmers with necessary inputs, certified seeds, fertilisers, and agrochemicals with a guaranteed `buy-back’ of the produce at prevailing market prices at the end of the season.
“Olam International extended financial credit to farmers to meet their equity contribution to the VCDP matching grant through a commercial bank,” they said.
A young rice farmer in Omor, Ayamelum Local Government Area of Anambra State, Michael Afune, said that empowering young people through agribusiness was a success story.
He said that in line with the Federal Government’s commitment to reducing youth unemployment and poverty, the VCDP had been creating a new generation of young farmers in Anambra State, with sound training in techniques that could generate new economic opportunities and boost income.
“I have been cultivating rice for years with poor yields, but learning modern methods of rice farming through the VCDP has led to better yields and better incomes,” Afune said.
Eze Michael Ogbonnaya- Ukwa, the traditional ruler of Igbeagu, Izzi Local Government Area of Ebonyi State, noted that the VCDP had constructed 134.5km roads in the six benefiting states.
He said the newly constructed road and bridge in Igbeagu community, for instance, had positively impacted on the social and agribusiness activities of the residents of the community.
“The primary purpose of the road, constructed under the VCDP, is to create access for farmers to transport produce from their farms.
“The road is also facilitating the efforts of large-scale produce buyers to reach farm gates to buy produce directly from the farmers.
“Prior to the construction of this road, our farming experience had been horrendous and we couldn’t do much. We are happy that the road has eased our burden,” Ogbonnaya- Ukwa said.
A rice processor, Hadiya Hajara Mohammed of the ZokoYegborolo Multipurpose Cooperative Society in Bida, Niger, said that the VCDP had significantly increased the quantity and quality of the rice produced in the neighbourhood.
She said the “false bottom” parboiling technology was introduced by the VCDP to enhance the quality of locally grown rice and make it to compete favourably with imported rice.
“`More than 1,623 participants across the project six states were trained on the use of `false bottom’ parboiling technique and it has changed how we process rice.
“We’ve been in rice business for more than 20 years, with nothing to show for it, but within one and half years, IFAD-VCDP has made us rich.
“We are now expanding our business and employing people to work and get paid,” she added.
In a nutshell, IFAD-VCDP has been supporting smallholder farmers in the six benefiting states of Benue, Anambra, Ebonyi, Taraba, Niger and Ogun States in rice production.
It has also signed 1,106 agreements with major off-takers in rice and cassava value chains, while supporting farmers to increase their production, in efforts to improve Nigeria’s food security.
Ogun State Coordinator of VCDP, Mr Samuel Adeogun, said, “There has been increase in the number of people having access to land, especially women and youths.
“Land development has also provided room for farm mechanisation. We believe that the use of farm mechanisation increases efficiency; reduces cost of production and improves farm yield.”
A cassava farmer in Aiyetoro community in Yewa North Local Government Area of Ogun State, Mrs Folashade Arijogbade, said that through the VCDP intervention on land development, her group now owned a 30-hectare farmland, up from the previous 0.5 hectares.
She said that the land development scheme of the VCDP required land owners or communities to sign a land-leasing agreement for a minimum of 10 years.
“The lands are sourced from either the communities or the government.
“By this, they will be able to recoup their investment on the lands because land development is a capital intensive venture which is beyond the capacity of smallholder farmers,” she said.
It was learnt that the land development project of the VCDP has facilitated improved mechanisation among the farmers, while creating services for farmers and jobs for farm mechanisation service providers.
It has also developed 1,292 hectares in the six participating states and provided mechanisation at a 50 per cent subsidy to boost farmers’ participation.
In the programme that has a budget of 104.4 million dollars, IFAD is providing 74.4 million dollars, while the Federal Government is contributing 9.9 million dollars.
The state governments are contributing 10.4 million dollars; the local government councils are providing 4.3 million dollars; the complementary financing is 2.8 million dollars, while the beneficiaries are contributing 2.1 million dollars.
Lawal is of the News Agency of Nigeria (NAN)

 

Hawa Lawal

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Transport

Automated Points Concession : FAAN Workers Gave 72hrs To Revise Decisions In PH

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The trapatriate Unions conprising the National Union of Air Transport Employees (NUATE), and the Air Transport Service Senior Staff Association of Nigeria, (ATSSSAN),  has given 72 hours Ultimatum to Federal Airport Authority of Nigeria FAAN, Omagwa Airport, Portharcourt to revise its recent decision on the concession of Tollgates and Parks to private hands.
The chairman of the Trapatriate Union, Comrade Felix Ohwoefe gave the Ultimatum yesterday immediately after the joint Unions meeting held at the Airport office of the union, Omagwa, Portharcourt.
Comrade Ohwoefe who double as the chairman of the National Union of NUATE said the two Unions have agreed to take drastic actions if the Authority of the Airport declined to step down it’s decision of concessioning the major revenue points to private hands.
According to the Union chairman, the  two union was not aware of the  concession plans, and that there were no due process to the procedures.
Comrade Ohwoefe said any attempt for the Airport Management to decline it’s demands towards the concession will result to barricading all entrance and access points of the Airport.
Expressing the  the challenges associated to the concession, the Union Chairman said the gesture might resulted to massive sack of workers in the Airport.
The chairman also expressed foul play on the part of either individuals or government in the terms and conditions so given to the concessionaires, demanding the reasons of contracting the automated points to private hands for only 14 millions, when the FAAN is presently generating over 28 million naira monthly, even when the tariff was not  reviewed upwards.
He describes the process to the procedures as fraud with intention to increase unemployment in the state.
“We are not against the concession of the Automated points, but due process must be followed. If government is concessioning the place, we are asking what will happen to our workers in the existing units.
“Secondly, if the concessionaires is taken over, they must pay higher than what the FAAN is generating presently, we are generating to the Management over 28 Millions monthly, but we had that the private company is required to pay only 14 Millions monthly, which is far below 5 percents of what we are generating presently, even when the tariff is increased, which means there is a foul play.
“The process is fraud either on the part of individual in the Government, or Government itself.
” The unions is saying no to the Concession until we come to a terms of understanding ourselves., we are afraid of loosing workers, we don’t want to loose any workers if due process is not followed in this hard of economy,  we even demanding for employment of more workers in FAAN.” Comrade Ohwoefe said.
The Union used the opportunity to called on the minister of aviation, and the President of the Country, Bola Tinubu to intervene.
When contacting the Management of the Airport Authority through the head of Corporate Affairs, Dr Ngozi V. Onyeanwuna-Nwosu,  she said the management has not given her the approval to say something.
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Transport

FAAN Announces Pick-Up Points for Go-Cashless Cards

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The Federal Airports Authority of Nigeria (FAAN) has announced designated pick-up points for individuals wishing to obtain their Go-Cashless cards ahead of the March 1, 2026 deadline.
This was announced in a statement signed by the Director Public Affairs and Consumer protection, Henry Agbebire  and made available to the Tide last Friday in Portharcourt.
According to the statement,  Go-Cashless cards is at all  FAAN commercial offices and access gates of Airports in the country .
The release further stated that cards will also be available at designated branches of Fidelity Bank Plc from March 16, 2026.
FAAN in the statement said the cashless policy followed the Federal Government directive mandating all Ministries, Departments and Agencies (MDAs) to transition to a cashless system to enhance transparency and reduce revenue leakages as well improve transaction traceability in the Aviation sector.
FAAN  reiterated its commitment to full compliance with the directive, appealing to the public for their understanding and cooperation during the transition period.
FAAN also inform that the Go-Cashless cards can still be obtained at the designated points after the March 1, deadline.
The Authority assures airport users that the initiative will promote faster, safer, and more convenient transactions across its airports nationwide.
By: Enoch Epelle
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Business

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Skills, HAP2.0

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Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0).
According to the report, the programme is designed to equip women with practical, income?generating skills and structured pathways to entrepreneurship.
 Accordingly, the HAP 2.0 will build on the success of its inaugural edition held in 2023.
During media chat with journalists to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the initiative has been enhanced to deliver greater impact.
He said HerFidelity Apprenticeship Programme 2.0 reflects their commitment to continuous improvement, having evaluated feedback from the first edition, they have returned with stronger partnerships and deeper mentorship programmes to ensure that women acquire not just skills, but sustainable economic opportunities.
Mr Ede, who said the programme is guided with real?world learning, also said that participants will undergo intensive apprenticeship training under reputable institutions and industry experts across selected fields such as hair styling, shoe making, auto mechatronics, and interior decoration.
Additionally, he said HerFidelity Apprenticeship Programme 2.0 goes beyond skills acquisition by offering participants a wide range of business advisory services.
These include business and financial literacy training, mentorship support throughout the apprenticeship journey, access to Fidelity Bank’s women?focused and SME financial solutions, as well as guidance on business formalisation and growth strategies.
Emphasizing the bank’s vision further, Ede said: “By integrating structured mentorship with entrepreneurial development, Fidelity Bank is positioning women not just as trainees, but as future employers, innovators, and economic contributors within their communities.
 This aligns with our mandate to help individuals grow, businesses thrive, and economies prosper”.
It is noteworthy that interested participants are encouraged to indicate their interest by visiting https://bit.ly/Apprenticeshipbyherfidelity.
It is important to note that Fidelity Bank Plc is ranked among the best banks in Nigeria, with a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, with 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
It is reported that the Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards, the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine.
By: Nkpemenyie mcdominic, Lagos
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