• About
  • Advertise
  • Privacy & Policy
  • Contact
Daily Mail Nigeria
  • Home
  • Business
  • Economy
  • Education
  • Entertainment
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Business
  • Economy
  • Education
  • Entertainment
  • Politics
  • Security
  • Sports
No Result
View All Result
Daily Mail Nigeria
No Result
View All Result
Home News

FG, World Bank Commit $600m to Rural Road Development

info@dailymailngr.com by info@dailymailngr.com
December 16, 2024
in News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Federal Government, in partnership with the World Bank, earmarked $600 million for the rehabilitation of 200,000 kilometers of rural roads under the Rural Access and Agricultural Marketing Project (RAAMP).

Principal Information Officer of the Federal Ministry of Agriculture and Food Security, Ogbuagu Chika, disclosed this in a statement on Monday.

During a press briefing in Abuja, the Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, highlighted that the World Bank is contributing $500 million to the initiative, while the federal and state governments are providing $100 million as counterpart funding.

Abdullahi explained that the RAAMP initiative, currently operational in 19 states, is aimed at creating sustainable rural infrastructure to support economic development.

“Eighty per cent of the 200,000 kilometers of rural roads in Nigeria are currently impassable, significantly affecting economic activities in rural communities,” the minister noted.

“Most of Nigeria’s population resides in rural areas, with agriculture accounting for over 70 per cent of their economic activity.

However, the lack of functional rural roads severely limits their ability to market produce and sustain livelihoods,” he said.

Abdullahi added that the initiative aligns with President Bola Tinubu’s agenda to promote food security, inclusivity, poverty eradication, and job creation.

As part of the project, participating states are required to establish rural access road authorities and state road funds to ensure the maintenance and sustainability of the rehabilitated roads.

The minister disclosed that 16 of the 19 participating states have already passed legislation to create these institutions.

“This partnership with the World Bank is crucial, and given the project’s success so far, many other states are eager to join.

However, all stakeholders agree that sustainability measures must be a key component moving forward,” Abdullahi said.

The National Coordinator of RAAMP, Aminu Mohammed, emphasized that the project primarily aims to improve rural road networks and enhance agricultural marketing in rural areas.

The initiative is expected to transform the economic landscape of Nigeria’s rural communities, addressing critical infrastructure deficits and improving access to markets for agricultural produce.

Tags: Commit $600mRural Road DevelopmentThe Federal GovernmentWorld Bank
Previous Post

Nigeria Commits $700 Million to Climate Resilience Project

Next Post

World Bank Proposes $1.65 Billion Loan Package for Nigeria in 2025

info@dailymailngr.com

info@dailymailngr.com

Next Post

World Bank Proposes $1.65 Billion Loan Package for Nigeria in 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

Rodrygo Set to Leave Real Madrid

July 5, 2025

Nigeria Sliding into Dictatorship, Hunger, PDP Governors Warn

September 6, 2025

Petrol Prices to Decline Until June 2025 – Bismarck Rewane

March 4, 2025

FG Expands Irrigation, Water Projects to Boost Food Security

February 2, 2025

Peter Obi Raises Alarm Over Court Ruling Suspending Federal Allocations to Rivers State

1

Intel Core i7-7700K ‘Kaby Lake’ review

0

Hands on: Apple iPhone 7 review

0

Retirees, It May Be Time To Get Your Head Out Of The Sand

0

Boko Haram Kills 17 in Borno Communities

February 2, 2026

Oil Prices Hold Firm as OPEC+ Agrees to Extend Output Hike Pause

February 2, 2026

NAHCON Chairman Bags General IBM Haruna Strategic Leadership Award, Dedicates Honour to Staff

February 1, 2026

Sports Betting Odds: A Comprehensive Guide

January 15, 2026

Recent News

Boko Haram Kills 17 in Borno Communities

February 2, 2026

Oil Prices Hold Firm as OPEC+ Agrees to Extend Output Hike Pause

February 2, 2026

NAHCON Chairman Bags General IBM Haruna Strategic Leadership Award, Dedicates Honour to Staff

February 1, 2026

Sports Betting Odds: A Comprehensive Guide

January 15, 2026

DAILYMAIL NGR aims to establish itself as a premier digital news platform, delivering reliable and engaging content to its audience.

Follow Us

Browse by Category

  • Business
  • Economy
  • Features
  • Security
  • Uncategorized

Recent News

Boko Haram Kills 17 in Borno Communities

February 2, 2026

Oil Prices Hold Firm as OPEC+ Agrees to Extend Output Hike Pause

February 2, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2026 Daily Mail Nigeria - Powered by 3logy Limited.

No Result
View All Result
  • Home 1
  • Business
  • Economy
  • Education
  • Entertainment
  • International News
  • Politics
  • Security
  • Sports
  • Technology

© 2026 Daily Mail Nigeria - Powered by 3logy Limited.