Tag Archives: Underway

?AfDB $800 Million Support For Agric Underway– Adesina

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The President, African Development Bank (AfDB), Dr. Akinwumi Adesina has disclosed plans to launch $800 million scheme to support the agriculture sector.

Adesina said the initiative called the Technology for African Agriculture Transformation (TAAT) was part of efforts designed to encourage technological innovation in the sector.

The AfDB president made this known at the opening of the African Economic Conference (ACE) organised by the bank in partnership with the United Nations Development Programme (UNDP), Monday in Abuja.

He said the scheme when implemented would reach 40 million farmers in one year.

He added that another $24 billion would be used to support Nigeria’s agric sector to fight hunger and post-harvest loses.

His words: “To take new agricultural technologies to scale, we are launching $800m initiative known as TAAT. It has a goal of reaching over 40 million farmers in 10 years. We must equally reduce the food system losses along the value-chain from the farm, transport, storage, processing and marketing.”

The AfDB president called for a rapid and inclusive bottom up approach to addressing challenges facing the agriculture sector.

He identified poor infrastructure and access to finance as major challenges, stressing that it became imperative to develop the Staple Crops Processing Zones (SCPZ).

Adesina added that the initiative would also reduce post-harvest losses.

The AfDB president urged African nations to invest in the SCPZ in order to create jobs, stressing needs to support private agro-allied firms through incentives and infrastructure.

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?AfDB $800 million support for Agric underway – Adesina

Second Round Of Exams To Select New Accountant General Underway

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Officials in the office of the Head of Service of the Federation are to conduct a second round of examinations to select a new Accountant General of the Federation. The first round of the test held on Monday at the conference hall of the office of the Head of Service at the federal secretariat complex Abuja.

All Directors of Finance and Accounts and some in the Audit department in all the Ministries, numbering over 60 attended the first round of examination. A source at the HOS office said about 20 eligible candidates were eventually dropped after the first sitting. The position of AGF became vacant after the former Accountant General, Jonah Otunla, resigned.

President Muhammadu Buhari had appointed a Director in the office of AGF, Mohammed Kyari, as the acting AGF pending the appointment of a substantive Accountant General of the federation. “Subsequently, the other 40 candidates were moved to a different location in Garki district where they still undertook that round of exams,” he said.

He also said Monday’s exams took over five hours to complete. “They would all converge in the same venue today (Tuesday) and those who were not successful in the second exam would be dropped, while the others who made it to the final round will take their last tests,” he said.

Credit: premiumtimesng