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LAPO Supports Rural Farmers With N12.2bn

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LAPO Supports Rural Farmers With N12.2bn


 

In a bid to improve the nation’s food security, the Lift Above Poverty Organization (LAPO) has made a disbursement of N12.2billion to 152,446 rural farmers in 253 branches across 21 states during the financial year 2020. This figure represents 12% growth over the sum of 10.9 billion disbursed during the year 2019.

The Acting Executive Director, Dr. Honestus Ayobami Obadiora, who stated this while reviewing the performance of the LAPO Rural Development Initiative, (LARDI), in Benin City, restated that the organization is committed to Nigeria’s agricultural development. 

He attributed LAPO’s outstanding performance over the years to strong institutional strength, staff commitment to excellence and hard work, adding that the organization was ready to maintain its superior performance trajectory.

Dr. Obadiora enjoined low-income farmers to take advantage of the affordable loan opportunity offered by LAPO to enhance the growth and development of their farm enterprises.


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