The Federal Capital Territory Administration (FCTA) said it has allocated 4.5 million dollars to its Fadama COVID-19 Action Recovery and Economic Stimulus (CARES) project, for the implementation of three disbursements-linked indicators.
Alhaji Abubakar Ibrahim, Mandate Secretary for the FCTA Agriculture and Rural Development Secretariat stated this at a sensitisation workshop on FCT Fadama CARES, for top policymakers in the FCTA and area councils.
He explained that FCT CARES Programme was a World Bank Budget support to the FCT Administration, for Non-Discretionary expenditure, to support existing and newly emerging vulnerable.
“It is also for poor households, agricultural value chains, and Micro and Small Enterprises (MSEs) that have been negatively impacted by the Coronavirus (COVID 19) pandemic,” he said.
Ibrahim explained that the 4.5 million dollars allocated to the Fadama CARES project was out of a total allocation of 15 million dollars from the World Bank.
“This underlines the significance accorded agricultural development in the territory and the need for us to continue to demonstrate our appreciation of this high level of confidence, reposed in us, by rededicating ourselves to the diligent discharge of our assigned responsibilities.
“The World Bank has set a target of providing grants support to 12,283 individual farmers, as well as the upgrading of 17 Wet Markets, for the FCT Fadama CARES Office,” he explained.
Ibrahim also inaugurated the FCT Fadama CARES Technical Committee to provide strategic policy orientation and guidance to the FCT Fadama project office in the implementation of its programme, under Result Area two.
The secretary called on members of the committee to bring their respective knowledge and experiences to bear, toward achieving a successful implementation of Result Area two, in the FCT.
Ibrahim said the FCT Agriculture and Rural Development Secretariat was always ready to provide FCT Fadama CARES with the necessary technical and financial support, to ensure it succeeded in delivering this vital project.