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July 5, 2024
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Jigawa Gov presents cheque of $250,000 World Bank Loan to community groups

From Mika’il Tsoho, Dutse

The Jigawa state governor Malam Umar Namadi on Tuesday presented the cheque of $250,000 as World Bank Loan to 10 group of farmers in the state.

The loan which is popularly known as Community Revolving Fund (CRF) is under a project known as Argo-Climatic Resilience in Semi-Arid Landscapes (ACReSAL).

Governor Namadi described the World Bank intervention as welcome gesture that is in tandem with his government 12 points agenda.

He said , empowering rural community through their own businesses and creating enabling environment for the sustainable growth of those business is clearely captured in his government”s 12 point agenda and the World Bank Revolving Fund intervention is absolutely designed for achieving so.

” I am optimistic that, this money if injected and properly utilized in the ten beneficiary communities it will make difference,in terms of poverty eradication, Jobs creation sustainable food security and development”

” Therefore I urged the beneficiaries and funds managers to be honest and fear God in collecting and repayment of the loan for others to benefits ” Governor Namadi stated

In his speech at the occasion the state commissioner for environment Dr Nura Ibrahim explained that the Community Revolving Funds (CRFs) loan was designed to support rural community/farmer groups to undertake investments specific to the climate-smart rain-fed crops intervention which is critical to deliver investment at community and household level”

.”CRF is not a grant but rather an investment fund for the village that can revolve and grow over time as an innovative approach to project sustainability under ACReSAL project geared to increase the adoption of sustainable landscape management practices in targeted watersheds in northern Nigeria .

” Each eligible farmers group with minimum of 10-25 beneficiary
will receive $25,000 and we are targeting 2,800 group with the loan in the state.” Hon Nura stated.

In her speech one of the beneficiary from women farmers group Hajiya Iya Wawu expressed their gratitude to the state governor, world Bank and all the people who contributed for the actualization of the program, and promised to sustained the program.

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