RicherFin · Sovereign Projects

Nigeria - Special Agro-Industrial Processing Zones Program, Phase I (SAPZ I) — Nigeria

Nigeria · Imo State, Kaduna State · Industrial crops/export crops

Overview

The first Phase of Special Agro-Industrial Processing Zones (SAPZs) Program will be implemented in seven (7) states (Cross River, Imo, Kaduna, Kano, Kwara, Ogun, and Oyo) and the Federal Capital Territory (FCT). The Program development objective is to support inclusive and sustainable agro-industrial development in Nigeria. The Program has four broad components namely:(i) Support the development of enabling climate adapted infrastructure for Agro-Industrial Hubs (AIHs), (ii) Improve agricultural productivity and enterprise development to enhance agricultural value chains and job creation in the SAPZ Catchment Areas, (iii) Support Agro-Industrial Zone Policy and Institutional Development, and (iv) Program Coordination and Management. The key expected outputs of the SAPZ Program(Phase I) are: development of infrastructure for eight (8) Agro-Industrial Processing Hubs (AIHs),fifteen (15)Agricultural Transformation Centers (ATCs), 2,300 ha of irrigated lands and farm to market access roads; supply of certified agricultural inputs and extension services; skills development for farmers and Micro, Small and Medium Scale Enterprises (MSMEs), an updated agro-industrial zone policy and establishment of regulatory institution/special regulatory regime. SAPZ Program (Phase I) will be implemented over five years (2022 –2026). The total cost for the SAPZ Program (Phase I) is estimated at USD 538.05 million net of taxes. The African Development Bank will provide an ADB Loan of USD 160 million (29.7% of total cost) together with an Africa Growing Together Fund (AGTF) loan of USD 50 million (9.3%).

Key project information

Official name
Nigeria - Special Agro-Industrial Processing Zones Program, Phase I (SAPZ I)
Status
Ongoing
Current phase
Ongoing
Country
Nigeria
Location
Imo State, Kaduna State
Sector
Industrial crops/export crops
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 154m
Expected completion
2028-12-31