UK Announces £95m Investment Programme For 4m Nigerians

0 337

UK Foreign Secretary, James Cleverly has announced a £95 million Propcom+ investment to benefit at least 4 million Nigerians, including 2 million women, to increase productivity and adapt to the effects of climate change while at the same time reducing emissions. 

The Propcom+ announced at COP27 in Sharm el-Sheikh Egypt, builds on the UK Government’s investment in agriculture through the Propcom Mai-karfi programme in Nigeria.

This new £95 million Propcom+ programme will address key barriers to sustainable agricultural development in Nigeria and support the development of climate-resilient agricultural policies, actions, and investments that deliver nutrition, increase productivity, adapt and build resilience while reducing emissions, and protect and restore natural ecosystems. For example, through the adoption and scaling of practices such as heat and flood-tolerant crop varieties and integrated soil fertility management.

The new Propcom+ is an eight-year programme that supports inclusive and resilient growth by promoting the progressive transformation of Nigeria’s rural economy. The new programme will build the capacity of small-scale farmers and rural communities in climate-smart agriculture and work with Nigeria’s vibrant private sector on agriculture to increase productivity, improve nutrition and food security, enhance climate resilience, pursue lower emissions and halt and reverse biodiversity loss, as well as helping to tackle some of Nigeria’s underlying drivers of conflict and insecurity. It will support more than 2 million women to adapt to the effects of climate change by 2030.

Cleverly said, “the Glasgow Climate Pact gave the world the tools to limit the rise in global temperature to 1.5 degrees and build a secure and sustainable future, adding this is the time for all countries to step up their action on climate change and deliver the tangible change needed”.

He assured the UK will continue to play a leading role in this mission, noting that the funding announced will support countries which are facing the devastating impact of climate change, to adapt effectively.

UK Deputy High Commissioner in Lagos, Nigeria, Ben Llewellyn-Jones said Nigeria is extremely vulnerable to climate change and land degradation adding that climate risks are increasing, diminishing productive capacity, and contributing to worsening food insecurity.

“Farmers are on the front line and highly dependent on seasonal rainfall making them increasingly vulnerable to the changing and unpredictable climate.

“Tackling climate change and biodiversity loss is a key UK international priority and we remain committed to supporting inclusive and climate resilient growth in Nigeria through the Propcom+ programme which will build on the successes and lessons from the previous engagement and deliver on adaptation and resilience, and on nature for climate and people.”

The UK has been supportive of Nigeria’s climate, environment and energy ambitions in the lead-up to COP27 through programmes such as Propcom+, UK PACT (Partnering for Accelerated Climate Transitions), UKNIAF (UK-Nigeria Infrastructure Advisory Facility), FSD (Financial Sector Deepening) Africa, amongst others. The UK also supports Nigeria in protecting and restoring nature, climate adaptation and resilience, and promoting access to climate finance, clean energy, sustainable cities, infrastructure and transport.

Under the UK’s COP Presidency, almost all developed country climate finance providers made new, forward-looking climate finance commitments, with many doubling or even quadrupling support for developing countries to take climate action. 

Propcom+ is an update of the Propcom Mai-karfi programme in Nigeria which closed out in December 2021 and has created economic opportunities for smallholder farmers in Northern Nigeria, reaching over 1.2 million women and men and helping them to expand market access and catalyse private sector investments.

The Propcom Mai-karfi programme deployed the ‘Making Markets Work for the Poor – M4P’ approach which focused on tackling constraints that affected the markets that poor people participate in so that they can derive higher benefits and values from better functioning market systems.