UK Govt To Release £95m For Nigerians

UK Govt To Release £95m For Nigerians

At least, four million Nigerians would benefit from the £95 million Propcom+ investment, a United Kingdom’s (UK) intervention in increasing productivity and adapting to the effects of climate change, as well as reducing emissions.

Speaking at the COP27 in Sharm el-Sheikh, Egypt, UK Foreign Secretary, James Cleverly said the new £95 million Propcom+ programme is set to help address key barriers to sustainable agricultural development in Nigeria, adding that it would as well support the development of climate-resilient agricultural policies, actions, and investments that deliver nutrition, increase productivity, adapt and build resilience while reducing emissions, and protect and restore natural ecosystems.

A statement by the British High Commission quoted Cleverly as explaining that the new Propcom+ programme involves supporting inclusive and resilient growth by promoting the progressive transformation of Nigeria’s rural economy.

“The new programme will build the capacity of small-scale farmers and rural communities in climate-smart agriculture.

“It will work with Nigeria’s vibrant private sector on agriculture to increase productivity, improve nutrition and food security, enhance climate resilience, pursue lower emissions, and halt and reverse biodiversity loss, as well as help to tackle some of Nigeria’s underlying drivers of conflict and insecurity.

“The Glasgow Climate Pact gave the world the tools to limit the rise in global temperature to 1.5 degrees and build a secure and sustainable future.

“Now is the time for all countries to step up their action on climate change and deliver the tangible change needed. The UK will continue to play a leading role in this mission.

“The funding we have announced will Support Countries that are facing the devastating impact of climate change, to adapt effectively,” the statement read.

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