Netherlands Spends 26m Euros On Nigeria’s Agric Sector

Netherlands Spends 26m Euros On Nigeria’s Agric Sector

The Netherlands is to provide investment worth over 26 million Euros in Nigeria’s agric sector, the Dutch ambassador to Nigeria, Bert Ronhaar has said.

Mr Ronhaar, who made this known when the special advocate on financial inclusion for development  to the UN Secretary General, Princess Maxima of Netherlands paid a visit to the federal ministry of Agriculture and Rural Development Tuesday, said 6 million Euro is being spent on value-added chain for cassava to create employment for 100,000 farmers.

“We are supporting the cassava industry and the small holder cassava growers in Nigeria with a contribution of 6 million Euros developing the value-added chain of cassava which results in creating employment and income for approximately 100,000 Nigerian farmers,” he said.

“At the same time the Dutch government is supporting the coco growers in this country, the coco processing industry; it is also supporting the value-added chain in the coco industry. And the total amount invested in that programme which will last for over five years is approximately 20 million euro.

Princess Maxima, who said she is in Nigeria for the launching of the National strategy for financial inclusion, said stakeholders including the insurance industry need to come in to make financial inclusion a reality and limit the risk the farmers have to go through.

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