INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT (IFAD)
VALUE CHAIN DEVELOPMENT PROGRAMME
The Federal Government of Nigeria has received financing from the International Fund for Agricultural Development equivalent to 89.1 million dollars towards the cost of additional financing of Value Chain Development Programme (VCDP AF) and intends to apply a portion of the proceeds of this loan/grant to eligible payments under this contract. Payment by IFAD will be made only at the request of Federal Government of Nigeria and upon approval by IFAD, and will be subject, in all respects, to the terms and conditions of the Financing Agreement. The Financing Agreement prohibits a withdrawal from the loan and/or grant account for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import, to the knowledge of IFAD, is prohibited by a decision of the United Nations Security Council taken under chapter VII of the Charter of the United Nations. No parties other than (name of Borrower/Recipient) shall derive any rights from the Financing Agreement or have any claim to financing proceeds.
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