The World Bank and the Federal Government rolled out the Community Revolving Fund (CRF) which disbursed $525,000 to 21 Adamawa State communities to improve economic adversity and climate vulnerability resilience.
Speaking about the launch in Yola, Adamawa State Deputy Governor, Professor Kaletapwa Farauta, stated that the project aims to create a sustainable business cycle of action, eventually leading to economic security at the community and state levels. She assured the state government’s commitment to monitoring and evaluating the project under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) initiative.
Farauta also called on the federal government to desilt the River Benue to enhance foreign water transport, irrigation, and economic opportunities.
Meanwhile, Minister of State for Agriculture and Food Security, Dr. Aliyu Abdullahi, restated the federal government’s partnership with Adamawa State through ACReSAL to enhance food security. He emphasized that the project is spread across all 774 local government areas, benefiting each according to its comparative and competitive advantages.
