The Federal Government and the Niger State Government have signed a Memorandum of Understanding (MoU) on Friday in Abuja to implement a combined Mass Housing and Agricultural Settlement Project.
The agreement was signed by the Federal Ministry of Finance and the Ministry of Finance Incorporated (MOFI). The Ministry of Finance Incorporated (MOFI) will provide technical expertise to structure the project and attract private investment.
The project aims to establish structured housing for farmers which includes infrastructure for agricultural production, processing, and market access.
Dr. Doris Uzoka-Anite, Minister of State for Finance, stated that the project will transform agriculture into a more profitable and attractive venture for the youth;
By anchoring farmers in stable communities with access to basic infrastructure, this project will enhance productivity, reduce post-harvest losses, improve security and encourage youth participation in agriculture
Niger State Governor Umaru Bago, during the meeting, emphasized the agenda of the state to depopulate Abuja within the next 10 years. This aim to reduce the population density of the Federal Capital Territory (Abuja) by incentivizing the relocation of residents to Niger State.
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