The Livelihood Improvement Family Enterprises in the Niger Delta (LIFE-ND) has disbursed the sum of 2.1 million dollars (N819.4 million) and empowered 1,220 youths and women in agribusiness in Delta since inception.
The State Project Coordinator, Mr Collins Ashoro, disclosed this on Wednesday in Asaba, at a Media Roundtable on LIFE-ND Project Achievement in Delta since inception.
Ashoro explained that the project was co-sponsored by the Federal Government, International Fund for Agricultural Development (IFAD), Niger Delta Development Commission (NDDC) and the participating State Government with the major objective to ensure food security, fight poverty, create jobs in the Niger Delta religion.
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He said that the project which had six years life cycle, began in 2019 and would end in 2025 in the first phase, adding that it had the projection to run for a second phase from 2025 to 2031.
Ashoro disclosed that Delta government had paid the mandatory counterpart cash contribution of N49 million for year 2020 which had facilitated project implementation in 58 incubation centres in 52 communities in 10 local government areas.
He added that a memo for the request for the 2022 counterpart fund payment had been sent to Gov. Ifeanyi Okowa for his approval to enable the project drawn down fund to pursue another engagement.
He said that the 10 selected local government areas to participate in LIFE-ND Project in Delta were Bomadi, Burutu, Ethiope East, Ika North East, Ika South, Ndokwa West, Ndokwa East, Okpe, Sapele and Ughelli North.
