A global multi-institutional collaboration has concluded plans to deploy a US$500 million fund for engendering smartness in agricultural development and policy conceptualization through credible data gathering.
Through an internationally conceived 50x2030 initiative, the World Bank, the Food and Agriculture Organization of the United Nations and the International Fund for Agricultural Development have signed an agreement to, in 10 years, commit the sum of US$500 million towards data gathering to stem agricultural production without solid information base.
ACReSAL is an agency of the federal government supported by the World Bank having a mandate of environmental, agriculture and water resources management. The Project Task Team Leader, AGReSAL, Dr Joy Ighanya Agene, said the initiative holds great promises including among others, taming desertification, stemming the shrinking of the Lake Chad, removing climate change-induced pastoral nomadism that keep unleashing farmers-herders clashes and insecurity.
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