The African Development Bank (AfDB), has budgeted the sum of $110 million to fund projects under the Special Agricultural Processing Zone in Kano State.
This was disclosed in a statement by the Kano State Governor, Abdullahi Ganduje of Kano State, on Sunday in Kano, according to the News Agency of Nigeria.
The AfDB President, Dr Akinwumi Adesina revealed that millions of dollars would be budgeted by the bank to fund agriculture projects in Nigeria like the Special Agricultural Industrial Processing Zone in Kano
According to a press release read by Mr Abba Anwar, the Chief Press Secretary (CPS) to Gov. Abdullahi Ganduje of Kano State, Adesina said, “In all, we are having about $563 million dedicated for our projects in various states in Nigeria.”
“We are using $110 million for our programme on Special Agricultural Industrial Processing Zone in Kano.
“The funds will be invested on rural roads, transport infrastructure, water and sanitation, and in agriculture to increase productivity.”
He added that the fund would enable the creation of job opportunities and boost rural infrastructure development.
Governor Ganduje commended the AfDB’s decision, stating that, “When institutions are strengthened and individuals or group of individuals are directly impacted, this is what we mean by genuine development.
“My dream is to promote Kano into a Mega City, which is not only a collection of population but also, a collection of an environment where things are working, where traffic flows, where health services are excellent.
“This is aimed at reducing medical tourism abroad and where you can have security using technology.”