{"id":76655,"date":"2025-10-14T11:44:39","date_gmt":"2025-10-14T11:44:39","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=76655"},"modified":"2025-10-14T11:44:39","modified_gmt":"2025-10-14T11:44:39","slug":"eu-approves-%e2%82%a6320-5bn-credit-to-boost-nigerias-agriculture","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/10\/14\/eu-approves-%e2%82%a6320-5bn-credit-to-boost-nigerias-agriculture\/","title":{"rendered":"EU Approves \u20a6320.5bn Credit to Boost Nigeria\u2019s Agriculture"},"content":{"rendered":"<p><strong>By Samuel Adeola<\/strong><\/p>\n<p>The European Union (EU), has approved a \u20a6320.5 billion (\u20ac190 million), credit line to support Nigerian farmers and agribusinesses through local commercial and development banks.<\/p>\n<p>Announced during a bilateral meeting between the European Investment Bank (EIB), and Nigeria\u2019s Ministry of Budget and Economic Planning in Brussels, the facility aims to expand access to finance and promote climate-smart, sustainable agriculture.<\/p>\n<p>EIB Director for International Partnerships, Thourayya Tricki, said the loan reflects the EU\u2019s commitment to Nigeria\u2019s economic diversification, noting it will strengthen value chains in cocoa, dairy, and other agri-food products.<\/p>\n<p>The package also includes technical assistance to help banks de-risk agricultural lending and build capacity for long-term financing.<\/p>\n<p>Nigeria\u2019s delegation reaffirmed commitment to reforms under President Bola Tinubu\u2019s Renewed Hope Agenda, emphasizing that agriculture remains key to inclusive growth and food security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Samuel Adeola The European Union (EU), has approved a \u20a6320.5 billion (\u20ac190 million), credit line to support Nigerian farmers and agribusinesses through local commercial and development banks. Announced during a bilateral meeting between the European Investment Bank (EIB), and Nigeria\u2019s Ministry of Budget and Economic Planning in Brussels, the facility aims to expand access [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":76656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-76655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/76655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=76655"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/76655\/revisions"}],"predecessor-version":[{"id":76657,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/76655\/revisions\/76657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/76656"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=76655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=76655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=76655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}