LAPO Empowers 70,819 Farmers With N11,7B In 10 Years

The LAPO Agricultural and Rural Development Initiative (LARDI) empowered 70,819 rural farmers with N11.7 billion between 2007 and July 2016.

The Executive Director of LAPO, Sabina Idowu-Osehobo said the loan was disbursed to energize the rural economy as well as boost food production among the beneficiaries.

Idowu-Osehobo said LARDI was established in May 2007 with a mandate to address challenges affecting the rural economy such as threat to food security and inadequate extension services.

She said the beneficiaries who cuts across the agricultural value chain including livestock and cash crops were equally provided high yield inputs and extension services.