International records / African Development Bank

Nigeria - Consultancy for the Provision of Transaction Advisory Support to the Nigerian Federal Ministry of Agriculture and Rural Development's Staple Crop Processing Zone (SCPZ) Initiative – Project Appraisal Report

In 2011, Nigeria embarked on an accelerated effort to transform its agricultural sector with the launch of the Agricultural Transformation Agenda (ATA), with the Federal Ministry of Agriculture and Rural Development (FMARD) as the main driver. The key innovations under the ATA included the Growth Enhancement Scheme (GES) with the objective of improving farmers’ access to modern agricultural inputs through deregulation of the fertilizer and seed sectors, the Nigerian Incentive Based Risk Sharing System for Agriculture Lending (NIRSAL) to de-risk and promote lending to agriculture, development o…