Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»EU Ambassador Praises Minister Nuetah’s Leadership as EU Reaffirms Commitment to Liberia’s Agricultural Transformation
    Commodities

    EU Ambassador Praises Minister Nuetah’s Leadership as EU Reaffirms Commitment to Liberia’s Agricultural Transformation

    November 12, 20254 Mins Read


     EU Ambassador to Liberia, Nona Deprez

    Monrovia — The European Union (EU) has lauded Agriculture Minister Dr. J. Alexander Nuetah, for his visionary leadership and renewed political will to transform the country’s agriculture sector, while reaffirming its own commitment to supporting Liberia’s journey toward food self-sufficiency and climate resilience.

    Speaking at the launch of the Investing in Livelihood Resilience and Soil Health in ACP Countries (ILSA) program in Monrovia, the EU Ambassador to Liberia, Nona Deprez, praised Minister Nuetah for revitalizing national and donor coordination in the agriculture sector.

    “I really want to laud you, Hon. Minister. We recognize and appreciate your leadership in moving this sector forward and for actively pushing us, the development partners, to improve our joint actions and limit waste and duplication,” Ambassador Deprez said.

    She reaffirmed that the European Union remains committed to partnering with Liberia to strengthen agricultural systems and promote sustainable growth.

    “By investing in soil health and sustainable farming practices, we are not only protecting Liberia’s natural resources but also empowering farmers, especially women and youth, to lead the country’s transition toward a more inclusive and green economy,” Ambassador Deprez stated. “This project keeps alive the global climate commitments we made ten years ago in Paris.”

    The €5 million ILSA programme, co-funded by the EU, IFAD, and the Government of Liberia, aims to promote soil regeneration, climate-smart agriculture, and resilient livelihoods for smallholder farmers across the country.

    Ambassador Deprez’s remarks come at a time when Liberia’s agriculture sector continues to face major financing constraints, despite being the backbone of the economy. A recent World Bank report credits agriculture as the main driver of Liberia’s 4.0% GDP growth in 2024, contributing about 1.3 percentage points, mainly from strong performance in rice and rubber. Yet, the proposed 2026 national budget allocates only USD 13.6 million to the sector, about 1% of the total USD 1.2 billion budget, far below the 10% CAADP benchmark agreed by African leaders.

    Of this allocation, the Ministry of Agriculture receives USD 9.54 million, the Central Agricultural Research Institute (CARI) USD 2.25 million, the Liberia Agriculture Commodity Regulatory Authority (LACRA) USD 892,118, the Cooperative Development Agency (CDA) USD 848,019, and the Rubber Development Fund just USD 132,152.

    Despite employing more than 60% of Liberia’s population, agriculture continues to receive limited fiscal attention. This shortfall raises questions about the country’s readiness to achieve food security and rural transformation.

    Earlier this year, Vice President Jeremiah Kpan Koung reaffirmed Liberia’s commitment to the Comprehensive Africa Agriculture Development Programme (CAADP) Declaration, describing it as a “bold and strategic framework” for achieving agricultural transformation by 2035. He emphasized that Liberia is aligning national strategies with CAADP principles by prioritizing smallholder farming, value chain development, and climate-resilient agricultural practices.

    In September 2025, Liberia unveiled its ambitious USD 900 million Legacy Investment Program at the Africa Food Systems Forum in Dakar. The program seeks to transform food systems and stimulate rural growth over the next five years by focusing on rice, cassava, maize, coffee, and oil palm.

    Minister Nuetah described the initiative as key to Liberia’s long-term agricultural vision:

    “The Legacy Investment Program is intentional about evidence-based provision of inputs, infrastructure, technology, and services that will drive productivity across agricultural value chains, from production to processing, transport, and marketing.”

    He noted that the program supports the government’s target of achieving lower-middle-income status by 2030, reducing unemployment, particularly among youth and women, and increasing per capita GDP from USD 866 in 2024 to USD 1,115 by 2030.

    However, experts warn that Liberia’s dependence on donor funding for core agricultural activities poses a sustainability challenge. Projects such as RETRAP, STAR-P, and ILSA—funded by partners like the World Bank, AfDB, and IFAD—continue to drive progress, but without increased domestic funding, their impact could be short-lived.

    As the 2026 draft budget is debated at the Legislature, stakeholders are calling on lawmakers to increase agricultural financing in line with the National Agriculture Investment Plan (NAIP) and CAADP commitments. A stronger budgetary commitment, they argue, would ensure that agriculture becomes not just a sector of survival, but a driver of sustainable and inclusive growth.

    As the 2026 draft national budget heads to the Legislature for debate, stakeholders are calling on lawmakers to prioritize agriculture in line with the National Agriculture Investment Plan (NAIP) and CAADP commitments. A well-financed agricultural budget, they argue, would not only accelerate productivity and rural infrastructure but also lay the foundation for sustained, inclusive economic growth.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Type One Energy initiates licensing of fusion power plant

    Commodities

    2 Nuclear Energy Stocks for Explosive Growth

    Commodities

    Liberia Moves to Build Agricultural Commodity Traceability System

    Commodities

    Metal Gear Solid series soars past 62.5m copies sold following release of Metal Gear Delta: Snake Eater

    Commodities

    ‘Full’ British Gas hack to lower your energy bills

    Commodities

    India Energy Week 2026 In Goa: Participation From Over 120 Nations Positions India as Bridge Between Developing and Developed Economies

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Ouverture de Fairmont La Hacienda Costa del Sol : un refuge andalou d’exception

    Stock Market

    Technology wants and needs of aspiring home buyers

    Property

    Essex Property Trust, Inc. (NYSE:ESS) Given Average Rating of “Hold” by Brokerages

    Editors Picks

    UK’s creepiest house has price slashed as buyers creeped out by two chilling words

    April 2, 2025

    Tracxn : SEA FinTech startups funding declines 28% quarter on quarter in Q3

    October 17, 2024

    Dubai Investments renouvelle son accord de fourniture de liquidités avec xCube

    June 11, 2025

    SEI Investments Company : Oppenheimer à l’achat

    April 24, 2025
    What's Hot

    Trafigura hires traders for deeper push into gold and silver

    August 19, 2025

    How to trade commodities as a retail investor

    November 8, 2023

    ‘Millionaire mandarins’ revealed: the senior civil servants with as much as £2.5 MILLION to look forward to in taxpayer-funded pension pots – while private sector workers face a tax raid on their retirement funds at the Budget

    November 24, 2025
    Our Picks

    Vietnam to pilot digital currency exchange

    March 5, 2025

    Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

    June 18, 2025

    Cryptocurrency News Focuses on Prices But XRP Tundra Shows Why Yield is the Real Story

    November 15, 2025
    Weekly Top

    Real Estate Simulator 2 Announced For Steam in 2026

    January 30, 2026

    Silver Price Forecast: 30% Historic CRASH

    January 30, 2026

    BBC Learning English – 6 Minute English / Bitcoin: digital crypto-currency

    January 30, 2026
    Editor's Pick

    ​​​S&P 500 hits record high while silver price bounces back, USD/JPY stays range bound.

    August 28, 2025

    Garfield County Clean Energy approves electric vehicle plan

    July 23, 2024

    Agricultural Exhibition Equestrian Day #1 Results

    April 25, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.