Nigeria borrows N3.38bn to aid potato production

The Federal Executive Council has approved N3.38 billion to boost production of potatoes in Plateau State. The state is responsible for 95 percent of  potato production in the country.

Minister of Finance, Kemi Adeosun who disclosed this said that to finance the production, the ministry will borrow from Agricultural Development Bank (ADB)

Following ADB’s comprehensive programme on potato production in Plateau State, the minister added that over 100,000 families and 17 local government areas of Plateau State will benefit from the loan while 60,000 jobs will be created in the potato value chain, from processing, storage, replacement of current inputs and indeed, export.