The United Kingdom has announced a £95 million finance for a new agriculture initiative in Nigeria- Propcom+, a name for its investment on climate-resilient and sustainable agriculture.
UK Foreign Secretary, James Cleverly, made the announcement during the Conference of Parties (COP) 27 on Climate Change in Sharm El Sheikh, Egypt.
Propcom+ is a UK International Climate Finance (ICF) programme backing the transformation of Nigeria’s rural economy.
According to Cleverly, the intervention will enhance output, adapt and build resilience, and protect and restore nature.
No fewer than 4 million Nigerians, including 2 million women, will be financially empowered to adjust to the effects of climate change while decreasing emissions.
Cleverly explained that the programme will help in addressing major barriers to sustainable agricultural development in Nigeria.
He said: “It will support climate-resilient agricultural policies, actions, and investments that deliver nutrition, increase productivity, protect and restore natural ecosystems.”
The investment will adopt practices like heat and flood-tolerant crop varieties and integrated soil fertility management.
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