The Adamawa State Government has approved a ₦5 billion agricultural investment aimed at revitalizing and modernizing key livestock and grain markets across the state. The initiative, launched under the Adamawa Agribusiness Support Programme (ADAS-P), reflects Governor Ahmadu Umaru Fintiri’s administration’s commitment to strengthening the state’s agribusiness sector and enhancing food security.
The announcement was made during the official flag-off ceremony held in Ngurore, Yola-South Local Government Area, where the governor was represented by his deputy, Professor Kaletapwa Farauta.
According to government sources, the ₦5 billion seed fund will support the comprehensive upgrade of 12 strategic markets, including five major cattle markets and seven grain markets, covering all 21 Local Government Areas in the state.
“This initiative is a clear step toward transforming Adamawa’s agricultural landscape. Our goal is to improve infrastructure, boost productivity, and open new pathways for investment and export,” said Professor Farauta.
Key Features of the Initiative
Modernization of Market Infrastructure: Upgrades will include drainage systems, security enhancements, sanitation facilities, and general renovation work to enhance commercial activity.
Improved Market Management: A new State Market Management Company will be established to collaborate with local authorities and stakeholders to ensure proper maintenance and operation of the facilities.
Economic Empowerment: The programme aims to increase farmer income, reduce post-harvest losses, and create job opportunities, especially in rural communities.
Driving Agricultural Growth
The project is part of the broader ADAS-P initiative, designed to foster a sustainable agribusiness ecosystem in Adamawa State through public-private partnerships and strategic investments. The government says it hopes the improved market systems will stimulate growth in livestock and grain value chains and attract both local and international investors.
“We urge community members and market associations to take ownership of these upgrades. Sustainability depends on collective responsibility,” the deputy governor added.
Looking Ahead
Implementation of the upgrades will begin immediately, with regular oversight to ensure quality and timely delivery. State officials have expressed optimism that the investment will not only boost agricultural output but also improve Adamawa’s competitiveness in regional and global agricultural markets.