Project News Details
Title:
Nigeria - Special Agro-Industrial Processing Zones Program, Phase I (SAPZ I)
Detail:
The first Phase of Special Agro-Industrial Processing Zones (SAPZs) Program will be implemented in seven (7) states (Cross River, Imo, Kaduna, Kano, Kwara, Ogun, and Oyo) and the Federal Capital Territory (FCT). The Program development objective is to support inclusive and sustainable agro-industrial development in Nigeria. The Program has four broad components namely:(i) Support the development of enabling climate adapted infrastructure for Agro-Industrial Hubs (AIHs), (ii) Improve agricultural productivity and enterprise development to enhance agricultural value chains and job creation in the SAPZ Catchment Areas, (iii) Support Agro-Industrial Zone Policy and Institutional Development, and (iv) Program Coordination and Management. The key expected outputs of the SAPZ Program(Phase I) are: development of infrastructure for eight (8) Agro-Industrial Processing Hubs (AIHs),fifteen (15)Agricultural Transformation Centers (ATCs), 2,300 ha of irrigated lands and farm to market access roads; supply of certified agricultural inputs and extension services; skills development for farmers and Micro, Small and Medium Scale Enterprises (MSMEs), an updated agro-industrial zone policy and establishment of regulatory institution/special regulatory regime. SAPZ Program (Phase I) will be implemented over five years (2022 –2026). The total cost for the SAPZ Program (Phase I) is estimated at USD 538.05 million net of taxes. The African Development Bank will provide an ADB Loan of USD 160 million (29.7% of total cost) together with an Africa Growing Together Fund (AGTF) loan of USD 50 million (9.3%).
Country:
Source:
African Development Bank Group
Published Date:
12.12.2021
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