AfDB, NIRSAL partner on $300 million youth agriculture project

African Development Bank (ADB) Logo.

Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has disclosed that the Africa Development (ADB) is investing about $300 million on a project called ‘Youth Enable’ that will create a successor farmer generation to replace the ageing ones.

The Managing Director and Chief Executive Officer, NIRSAL, Aliyu Abdulhameed, disclosed this yesterday, at the Nigeria Economic Outlook Conference (NEOC) 2017, held in Lagos. Due to the way it is being practiced, Nigerian youths are not attracted to farming and would rather migrate to the cities to look for greener pastures, even if they remained unemployed for years.

The mass exodus of youths from the rural to urban areas compounds development challenges in terms of infrastructure provision and job creation opportunities, thus leading to high rate of crimes and criminal activities among the youths.

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