‎ World Bank Earmarks $520 Million For Rural Roads

The World Bank said it has earmarked five hundred and twenty million dollars for rural roads infrastructure across selected states in the country.

This was disclosed yesterday by the  World Bank Country Director for Rural Access and Agricultural Marketing Project ( RAAMP ), Engineer Tunji Ahmed during a courtesy visit to Kwara State Governor, Dr Abdulfatah Ahmed at Government House Ilorin.

According to Engr Ahmed, the project was sponsored by the World Bank, French Development Bank and Africa Development Bank to provide suitable road network for rural farmers to convey their farm produce to the market and avoid losses arising from wastages during transportation.

The World Bank Country Director noted that twenty-five percent of farm produce are lost as a result of lack of access to markets occasioned by bad roads, adding that  RAAMP would improve rural access, agricultural marketing and open up rural areas in the selected participating states.

Responding, the Kwara State Governor, Dr Abdulfatah Ahmed identified lack of good road network as an impediment to the movement of farm produce to the market for final consumers, thereby leading to wastages.

Dr Ahmed commended President Muhammadu Buhari-led federal government for diversifying the economy through an unprecedented commitment to agriculture.

The governor said the decision by the state government to present the proposal for the World Bank’s Rural Access and Agricultural Marketing Project was to create connectivity in moving farm produce to the market, promising that the state government has made provision for counterpart fund to enable it to access the facility.

 

______________________________________________________________________________

For News, Articles, Opinions, write-ups, advertisement, and other related issues or Invitation to cover your events, please contact The Editor, newsbeamonline@gmail.com or nationalnewsbeam@gmail.com OR call 07011172166(WhatsApp), 07088886879, 08022433068, 08038472758 (WhatsApp) or NATIONAL NEWSBEAM on Telegram

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Pin It on Pinterest