AfDB approves $50m loan to support climate resilience, food security in Yobe

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Nigeria's independent online newspaper

The African Development Bank has approved a $50 million loan facility to support climate change resilience, improve livelihoods and boost food security in Yobe state.

Yobe is ranked as one of the states in Nigeria most vulnerable to climate change, with 72 percent of its population living below the poverty line.The state’s economic challenges have, over the years, caused protracted inter-communal conflicts, especially between herder and farming communities. Speaking during the approval of the project, Akinwumi Adesina, AfDB group president, said the project will help tackle insecurity, climate vulnerability, food insecurity and build resilient livelihoods.

“With the key interventions in afforestation and reforestation contributing to carbon sequestration, this green project will help reduce vulnerability to climate shocks, build the resilience of the target population,” Barrow said.

 

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