USAID dispatches $3m grants to help Nigeria’s agribusinesses

The United States Agency for International Development (USAID) in Nigeria has dispatched a COVID-19 Food Security Challenge that will give $3 million in grants subsidizing and specialized help to youth-drove and mid-stage organizations working in food chains in Nigeria.

The Food Security Challenge is disbursed to help financially suitable youth-drove and medium scale organizations previously working in food creation, processing, and dispersion to support their efficiency and guarantee food security for the country.

Nigeria is encountering food frailty compounded by the COVID-19 pandemic and its impacts on the food chain in the country. The pandemic disturbed the country’s now delicate agrarian worth chains and smallholder farmers’ capacity to create, measure, and disperse food successfully.

“We are dispatching the COVID-19 Food Security Challenge to assist creative Nigerians with easing food uncertainty,” Anne Patterson mission chief, USAID said in a proclamation.

“This assistance encourages private sector-led solutions to boost food production, processing, and create market linkage along the agriculture value chain in a sustainable way across Nigeria,” Patterson said.

In dispatching the test, USAID has opened applications for economically feasible youth-drove and mid-stage organizations previously working in food creation, preparing, and circulation.

Effective candidates will introduce thoughts that evidently help ranchers and different partners in the rural worth chain increment horticultural profitability and food security inside the following half-year.

The test will grant 15 to 25 youth-drove organizations up to $75,000 each and grant 10 to15 medium scale organizations up to $150,000 each.

The beneficiary will get financing and specialized help to quickly grow their exercises to relieve the impact of COVID-19 on Nigeria’s food chain and improve the strength of weak families to the adverse consequences of the pandemic.