Nigerian President Welcomes $538m Agric Fund By AfDB 

President Muhammadu Buhari, in Senegal, lauded the provision of $538.05m by the African Development Bank, the Islamic Development Bank, and the International Fund for Agricultural Development for the first phase of the Special Agro-Industrial Processing Zones for Nigeria programme. <br />He urged his counterparts to allocate at least 10 percent of their nations’ budgets to agriculture as agreed in the Malabo Declaration of the African Heads of State and Government. <br />Buhari says the Special Agro-Industrial Processing Zones for Nigeria, which is in the first phase will cover seven States in the Federation.