Welcome to Commercial Agriculture Development Project Nigeria - Official Website
Commercial Agriculture Development Project (CADP) is aimed to improve Agriculture production in Nigeria by supporting the commercialization of agriculture production, processing and marketing outputs among small and media-scale commercial farmers and agro-processors.
CADP is supporting the Federal Government of Nigeria strategy options of diversifying into non-oil sources of growth and away from over dependence on oil and gas. To achieve the above objectives, the project will help to improve access of participating commercial farmers to new technologies, improved infrastructures, finances, and output markets, to strengthening agricultural production systems and facilitate access to market for some targeted value chains among small and medium scale commercial farmers in five participating states; Cross Rivers, Enugu State, Kaduna State, Kano State, and Lagos State.
These value chains are rice, oil palm, cocoa, fruit trees, poultry production, aquaculture and dairy, with maize and rice as staples.
The project has two components:
Agricultural Production and Commercialization
This provides resources to facilitate adoption of technologies and supports staple crop production systems which will compliment Nigeria’s food security initiative and develop domestic and export markets. See details..
This supports provision of resources for construction, rehabilitation and maintenance of roads to communities and selected agriculture activities, and also connecting commercial farms to rural electrification. See details...
CBN Launches Credit Schemes for Farmers
As part of its developmental role, the Central Bank of Nigeria (CBN) in collaboration with the Federal Ministry of Agriculture and Water Resources (FMA&WR) established the Commercial Agriculture Credit Scheme (CACS) in 2009 to provide finance for the country’s agricultural value chain (production, processing, storage and marketing). Increased production arising from the intervention would moderate inflationary pressures and assist the Bank to achieve its goal of price stability in the country. more...