Arla Foods, a multinational cooperative, has inaugurated a dairy farm in Damau, Kubau LGA of Kaduna state, Nigeria. The farm will cover 200 hectares of land and at full capacity, it will be home to 400 cows.
The idea behind creating the the National Agricultural Development Fund is to finance agricultural policies, support its development, and strengthen institutions that will make it work.
One of the reasons for the economy performing poorly is the cash crunch that affected economic activities in the country for about a month during the quarter. Agricultural activities were not safe and were even likely more heavily impacted as most of the transactions in this sector are done with cash.