Kaduna: 800 APPEALS Beneficiaries gets World Bank’s 299 Business Investment Plan Approval
By Uangbaoje Alex, Kaduna
800 beneficiaries of the Agro- Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS), project in Kaduna State, have gotten their 299 Business Investment Plan (BIP), approved by the World Bank.
Project Specialist for Women and Youth Livelihood Specialist, of the APPEALS Project in the State, Ibrahim Yakubu, disclosed this on Monday, at a 2-day Empowerment Technical Meeting of the beneficiaries.
According to Him, the beneficiaries whom have been groomed theorically and practically to succeed as entrepreneurs in their respective businesses comprising groups and individuals are drawn from across the 23 Local Government Areas in the State.
He noted that the participants have been exposed to different Agribusiness endeavors, adding that state government is highly committed towards ensuring that the project thrive in the state.
“We have engaged the Corporate Affairs Commission (CAC) for their business name registration and they have finished and they at the stage of business investment plan.
“We have received about 299 business investment plan with no objection from the World Bank, which comprises 800 beneficiaries.
“We have started the issue of account opening and they have gone far. Once the bank finish sorting, screening of BVN and National ID cards, if it corresponds, then the accounts will be opened and the grant sent through their accounts”. Yakubu, explained.
He also said the Kaduna State APPEALS under WYEP, beneficiaries are selected from the 11-priority value-chain commodities such as; Rice, Cocoa, Poultry, Cashew, Maize, Dairy, Ginger, Cassava, Tomato, Aquaculture and Wheat, he emphasised.
On his part, the Chairman, Economic and Statistics Committee of the Kaduna Chamber of Commerce, Mohammed Gazali Abdulsalam said the participants were being encouraged to form themselves into cooperative groups instead of being alone noting that coming together would share challenges that could arise.
He stressed the need for the participants to tow along the training being given and urged them to look into the market to see the needs arising from the 11 value chain of the project.
The objective of the Project is to enhance agricultural productivity of small and medium scale farmers and improve value addition along priority value chains in the Participating States.