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    MarketForces Africa » MarketForces News » FG Obtains $163m AfDB Loan to Boost Wheat Production

    FG Obtains $163m AfDB Loan to Boost Wheat Production

    Marketforces AfricaBy Marketforces AfricaSeptember 11, 2023Updated:October 14, 2025 News No Comments2 Mins Read
    FG Obtains $163m AfDB Loan to Boost Wheat Production
    President Bola Tinubu
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    FG Obtains $163m AfDB Loan to Boost Wheat Production

    The Vice President, Kashim Shettima, on Sunday said the Federal Government had obtained 163 million dollars loan from the African Development Bank to support wheat production in the country.

    Shettima stated this  at the palace of the Emir of Argungu, Alhaji Sumaila Mera, when he paid a condolence visit to the Emirate and  family of late Sheikh Abubakar Giro.

    He re-affirmed the determination of the Tinubu administration to fulfill all its promises to Nigerians, particularly in the agricultural sector.

    The Vice President also assured that food security would receive serious attention from the government.

    ” We have obtained 163 million dollars loan from the African Development Bank to support wheat production. The scheme would be launched soon.

    “We need 10,000 hectares of land in Kebbi State. But the scheme would be well executed in Jigawa State with a cultivation of 50,000 hectares of land to boost wheat production.”

    In his remarks, the Emir of Argungu, Mera, who prayed for the unity and progress of Nigeria, thanked President Tinubu and Vice President Shettima for their support. #FG Obtains $163m AfFB Loan to Boost Wheat Production#


    FG set to Plant 2m Jumbo Cashew Trees in North-West – Shettima

    FGN Kashim Shettima Wheat Production
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