New funding: World Cocoa Foundation, FG announce $1.2m

Agropreneurnaija

The World Cocoa Foundation (WCF) and Nigeria’s Federal Ministry of Agriculture and Rural Development have announce $1.2 million in new funding to provide assistance to 70,000 cocoa farming households in Nigeria.

The programme which will focus on business skills trainings and support for diversification of rural economies in order to increase cocoa farm household incomes will  at least  be beneficial to  10 Nigerian states by 2015.

Minister for Agriculture and Rural Development, Dr. Akinwumi  Adesina, who made the announcement at WCF’s 23rd Annual Partnership Meeting in Washington, D.C., said the program is expected to generate benefits for more than 480,000 Nigerians and help double household incomes within the next five to six years. Nigeria’s

Commenting on the partnership, WCF President Bill Guyton said, “The World Cocoa Foundation and our company members are grateful for the confidence placed in the country by the Federal Ministry of Agriculture, state governments and…

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