a. IFAD/FGN/NDDC/CBN Programme
i) Under the IFAD/FGN/NDDC/CBN Programme, aimed at improving the standard
of living and quality of life of rural poor households in the Niger Delta region, the Commission
has so far contributed the sums of N2,312,000,000.00, or $15,534,000.00 & $4 million since
2006 when the programme began. A balance payment of $3,511,000.00 or
N575,804,000.00 is due for this programme. Approval for the release of the final payment
for the programme has been given. A total of 421,571 households are currently receiving
services under the programme. The IFAD programme was closed out at the end of March
2016, after 10 years of implementation.
b. Construction of Rice Processing Plant in Akwa Ibom State
i. A rice plant with a capacity of 30 tons per day was commissioned and handed
over to the State Government by NDDC at Mbiabet in to serve the rice farmers within and
around Akwa Ibom State following necessary repairs and refurbishment. Approval had been
given by the previous Governing Board of the Commission to handover the facility to the
Akwa Ibom State Government.
111