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Monday, February 26, 2024

Nigeria to benefit from Germany’s agricultural initiative in Africa

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Germany’s Federal Ministry for Economic Cooperation and Development is contributing EUR 2.85m to the Standards and Trade Development Facility over a period of four years (2022-2025).

The fund is to facilitate safe and inclusive agricultural trade in developing and least-developed countries aimed at helping them to meet international food safety, animal, and plant health standards.

The World Trade Organisation Director-General, Ngozi Okonjo-Iweala, was quoted in a statement as saying,  “I thank Germany for its generous and longstanding support to developing countries and LDCs in strengthening their compliance with sanitary and phytosanitary measures.

“When farmers are empowered to meet these standards, it improves access to global and regional markets, paving the way for increased sales and incomes. Enhanced SPS capacity also means more sustainable, resilient food systems, which contributes to food security at home and globally.”

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