Lift Above Poverty Organisation (LAPO) has disbursed ₦17.58 billion to 130,184 to 130,184 rural farmers and allied businesses across the country.
The LAPO Executive Director, Microfinance Segment, Dr Victor Noruwa, who made the disclosure while addressing newsmen in Benin last weekend said that the disbursement was done between January and June 2025.
He said that the figure, ₦17.58 billion—represented a 35.66% increase over the ₦12.96 billion disbursed during the same period in 2024.
Noruwa maintained that flowing from the 35.66% increase, the organisation has made significant progress in empowering rural farmers and agribusinesses across Nigeria.
He revealed that the financial support was provided through the LAPO Agricultural and Rural Development Initiative (LARDI), its economic empowerment arm,
According to the LAPO Executive Director, the funds were accessed through 341 LARDI branches across 22 states, reinforcing LAPO’s commitment to inclusive rural financing.
“We urge beneficiaries to use the funds wisely to enhance productivity and build sustainable agricultural ventures.
“LAPO remains dedicated to improving income, food security, and the living conditions of rural households, with special focus on women-headed homes and youth-led enterprises,” Dr Victor Noruwa said.
WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV
- Let’s Talk About SELF-AWARENESS
- Is Your Confidence Mistaken for Pride? Let’s talk about it
- Is Etiquette About Perfection…Or Just Not Being Rude?
- Top Psychologist Reveal 3 Signs You’re Struggling With Imposter Syndrome
- Do You Pick Up Work-Related Calls at Midnight or Never? Let’s Talk About Boundaries
and then