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Obasanjo meets Kogi gov, seeks youths involvement in governance

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Kogi government signs $72 million loan agreements with World Bank, IFAD

Kogi secures $72m loan to boost economy, food security

Advertisement The loans, obtained from the World Bank and the International Fund for Agricultural Development (IFAD), were signed on behalf of the state by Asiru Idris, Kogi commissioner of finance. While the state obtained $62 million from the World Bank, it secured $10 million from IFAD. In a statement on Friday, Mohammed Onogwu, chief press secretary to Yahaya Bello, Kogi governor, said the IFAD facility would be injected into the Value Chain Development Programme. Advertisement The programme is an agricultural initiative aimed at reducing rural poverty, enhancing food security among poor households, and promoting economic growth on a sustainable basis. He said the programme would support the production, processing and marketing of rice and cassava in some local government areas of the state.

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