The management of Lift Above Poverty Organisation (LAPO) said it approved the sum of N5.7billion as a grant to empower a total of 108,367 rural farmers across 19 states of the Federation in the year 2017.
Mrs. Sabina Idowu-Osehobo, Executive Director of the organisation, who made the disclosure at the annual media forum of the institution in Benin-City, said the farmers were empowered through LAPO Agricultural and Rural Development Initiative (LARDI).
Osehobo, said the farmers were equally provided with high yield inputs and extension services, which boosted their farming operations in the period under review.
She pointed out that in 2016, a total of 76,000 farmers were empowered with the sum of N3,459,545 billion through LARDI, adding that the beneficiaries were into cassava, cocoa, animal husbandry, fishery among others.
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He explained that LARDI established in 2007 and was geared towards promoting rural economy through agricultural development, improving the income, food security and general living conditions of poor rural households, particularly women-headed households and youths.
“LARDI is deeply committed to its mandate of developing the rural economy with innovative and affordable agricultural financing and support services. It currently maintains 120 branches in 19 states of the federation,” she said.