The Federal Government has obtained a 163 million USD loan from the African Development Bank, according to Vice President Kashim Shettima.
TheNewsGuru.com (TNG) reports Shettima made this known on Sunday at the palace of the Emir of Argungu, Alhaji Sumaila Mera.
The Vice President, who was at the palace for a condolence visit to the Emirate and family of late Sheikh Abubakar Giro, disclosed that the USD164 million loan is to support wheat production in the country.
He reaffirmed the determination of the Tinubu administration to fulfil 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.