Federal Government Earmarks N10bn for Cassava Bread

The federal government Wednesday disclosed that it had earmarked a start-up fund of about N10 billion to enhance development in the cassava value chains through the Cassava Bread Development Fund (CBDF). The Minister of Agriculture and Rural Development. Dr. Akinwunmi Adesina, said this while rolling out farm inputs to farmers at the Agbadu Staple Crop Processing Zone (SCPZ) in Kogi State, as part of the Growth Enhancement Support Scheme (GESS).

The minister, who was represented by his Senior Technical Assistant, Mr. Adetunji Oredipe, explained that the CBDF would be generated from the tariffs onimportation of wheat flour. He added that the fund would also be used to support research and development efforts on cassava bread, training of master bakers, support for master bakers for the acquisition of new equipment for production. The minister said the GES would allow the farmers to produce additional food because the farmers will receive their improved cassava cuttings and fertilisers.



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