Nigeria - Enable Youth Project


Project Summary

Approval Date 14 Dec 2016
Signature Date 31 Jan 2017
Planned Completion Date 30 Jun 2022
Last Disbursement Planned Date 30 Sep 2022
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 32161
Commitment U.A 173,845,319.39
Status Cancelled

Project General Description

The ENABLE Youth Nigeria programme is a programmatic investment program funded through ADB loan of UA 179.32 million and AGTF Loan of UA 21.52 million. Overall, the programme will equip youth with various skills, values, attitudes, and orientation that will impact on their lives, the lives of others and the society in general. The project will make agriculture business attractive and provide decent employment to the youth. The programme will also influence institutional changes in terms of access to finance particularly for youth. Key impacts of the project are the real agricultural GDP growth from the present 3.09% to at least 7% per year and reduce youth unemployed by 10% by 2021 from the present 21.50%. Expected outcomes of the ENABLE Youth Program are: i) increase youth income by 40%, ii) generate 185,000 additional jobs, iii) and increase access to finance by 8%.

Project Objectives

The overall goal of the ENABLE Youth Nigeria Programme is to contribute to job creation, food security and nutrition, rural income generation and improved livelihoods for youths in both urban and rural areas. The specific objective of the Program is to create business opportunities and decent employment for young women and men along priority agricultural value chains of the various enterprises (aquaculture, crops framing, marketing, processing, etc).

Beneficiaries

The proposed programme will be implemented in all the 36 States of the Federation and FCT. The targeted beneficiaries will be in two categories. The program will target a 50:50 male and female participation across the Federation aged 18-35 years. The number of beneficiaries of the program will depend in large part upon the outcome of the agribusiness incubation placement and successful bankable proposals. The target is to reach 1,000 agripreneurs per State who will establish enterprises, as individuals (about 2,000 for both green and brown fields) and as groups of 10 – 50 (creating about 5,500 businesses). The businesses will generate about 185,000 additional jobs. Total direct jobs created by the program would reach as much as 222,000.

Participating Organization

Funding
African Development Bank
Implementing
Ministère fédéral de l’Agriculture et du Développement rural (FMARD)

Information

IATI identifier 46002-P-NG-AAG-007
Last Update 06 Feb 2023

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Contact Details

Name AMADOU Ibrahim Ahamed
Email i.amadou@afdb.org

Geographic Location

Country Nigeria
Coordinates Location Name
9.05735 7.48976 Abuja