Oyo State: N-CARES Project
The overall objective of the Nigerian Covid-19 Action Recovery and Economic Stimulus (N-CARES) project is to protect the livelihoods and food security of poor and vulnerable farmers disproportionately affected by the COVID-19 crisis. The World Bank-funded N-CARES project aims to facilitate the recovery of local economic activity in all participating States in Nigeria.
The project will impact over 20,000 of the most vulnerable crop and poultry farmers in all 33 Local Government Areas in the State with agricultural stimulus and resilience packages composed of fertilizers, herbicides, and climate-resilient seeds. These high-yielding and high nutritional value varieties will help farmers achieve good production and secure their incomes.
The overall objective of the Nigerian Covid-19 Action Recovery and Economic Stimulus (N-CARES) project is to protect the livelihoods and food security of poor and vulnerable farmers disproportionately affected by the COVID-19 crisis. The World Bank-funded N-CARES project aims to facilitate the recovery of local economic activity in all participating States in Nigeria.
This coordinates all the agribusiness development funded project in the state and support international fund and technical resource mobilization.
The Oyo Agribusiness summit is aimed at bringing together key actors in agribusiness space globally, showcase the potentials for agribusiness investments by the private sector in the state, offers prospective investors and stakeholders a platform to better understand the investment opportunities within the Oyo State Agribusiness and Identify areas for coordinated public-private investment in the value chain development in the state.