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LAPO commits N19.9bn to agric investments in 2021

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LAPO commits N19.9bn to agric investments in 2021

 

The management of Lift Above Poverty Organization (LAPO), says it committed the sum of N19.9billion to boost agricultural investment of clients through the LAPO Rural Development Initiative (LARDI) in the 2021 financial year.

Honestus Obadiora, the executive director of the organization disclosed this in Benin City during the LAPO annual media forum.

Obadiora said the figure represents 64 per cent growth over the N12.2 billion disbursed in 2020.

He explained that the rural development initiative empowers economically active clients with loan products including farming and enterprise development service.

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