Adamawa State Governor, Rt. Hon Ahmadu Umaru Fintiri, has launched the Community Revolving Fund (CRF) disbursement program, aimed at empowering 21 communities across the state.
“We are here to launch the Community Revolving Fund disbursement program, which will provide $525 to 21 communities across Adamawa State,” Governor Fintiri said during the launch through the deputy governor, Prof. Kaletapwa George Farauta.
“The CRF is an innovative financial mechanism designed to empower our communities, building their resilience against economic hardships and the adverse effects of climate change.”
The governor noted that the concept of CRF is both innovative and timely, and with proper supervision, it has the potential to establish a continuous cycle of business activities that will ultimately create an economic safety net for the communities.
Governor Fintiri assured that his administration will ensure the success of the program through robust monitoring, evaluation, and assessment. “As a government, we will ensure that this effort, supported by the World Bank through the ACReSAI project, achieves its desired results,” he said.
The governor also commended the uniqueness of Adamawa State’s regenerative agriculture practices under the ACReSAI project. He urged stakeholders, especially the communities, to fully embrace the development strides under ACReSAI with commitment and reciprocity.
According to the Honorable Minister of State for Agriculture and Food Security Sen. Dr. Aliyu Sabi Abdullahi, “Regenerative agriculture transcends mere practice; it embodies a philosophy. It involves collaborating with nature to cultivate a more resilient and flourishing ecosystem.”
He emphasized the importance of regenerative agriculture in addressing the pressing challenges of maintaining healthy soils, conserving water, and fostering sustainable food production.
The minister also highlighted the significance of the Community Revolving Fund, stating, “Today, as we disburse these funds, we are not just providing financial assistance, we are investing in the hopes and dreams of our communities. We are supporting jobs, providing food security, fostering innovation, and building resilience against the effects of climate change.”
In order to achieve food security, the minister said that ACReSAL is collaborating with the Federal Ministry of Agriculture and Food Security to implement the Nigerian Farmers Soil Health Scheme (NFSHS), which has recently been introduced into Nigeria’s agricultural framework.
The initiative, he noted aims to tackle the issue of indiscriminate fertilizer application, promote tailored fertilizer recommendations based on specific crops and locations, reduce greenhouse gas emissions, and encourage regenerative agricultural practices.
The official launch of CRF disbursement was attended by Dr. Joy Iganya Agene, Task Team Leader ACReSAL, Dr. Manievel Sene, Co-Task Team Leader, ACReSAL, the National Project Coordinator for the ACReSAL Project, Abudulhamid Umar, Commissioners, Traditional Rulers, ACReSAL state Project Coordinators, Farmers, Communities members among other dignitaries in Adamawa State government house.
After the launch of the Community Revolving Fund (CRF), the minister led the ACReSAL mission to a 256-hectare land in Girie, designated for regenerative agriculture. During the visit, the minister conducted a demonstration and constructed a Halfmoon structure, showcasing the potential of regenerative agriculture practices to farmers and communities.
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