The Federal Government has successfully secured a loan facility amounting to $134 million from the African Development Bank (AfDB). This financial support aims to enhance seeds and grain production among farmers across the nation. The initiative reflects the government’sfg commitment to improving agricultural productivity and ensuring food security.
In a recent statement, Anthonia Eremah, the Chief Information Officer at the Ministry of Agriculture and Food Security, highlighted the importance of this funding. The announcement was made during an event in Abuja, where various agricultural strategies were discussed. The loan is expected to play a crucial role in revitalizing the agricultural sector.
Sen. Abubakar Kyari, the Minister of Agriculture and Food Security, made this announcement during the unveiling of the 2024/2025 National Dry Season Farming initiative in Calabar, the capital of Cross River State. This program aims to promote year-round agricultural production, which is vital for sustaining food supplies in the country.
Kyari emphasized that the reintroduction of the national dry season farming initiative would significantly contribute to national food security. The loan from the AfDB will be instrumental in providing the necessary resources to support farmers in this endeavor.
Under the National Agricultural Growth Support Scheme-Agro Pocket (NAGS-AP) Project, the government aims to bolster the production of staple crops such as wheat, rice, maize, sorghum, soybean, and cassava. This strategic approach is designed to ensure that food production remains consistent throughout the year.
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The minister further stated that the federal government has declared a food production emergency. This declaration aims to facilitate easier access to quality and nutritious food for all Nigerians at affordable prices. The government’s proactive measures are intended to address food scarcity issues effectively.
In the 2023/2024 dry season, approximately 107,429 wheat farmers received support during the first phase, while 43,997 rice farmers benefited in the second phase. These initiatives are part of a broader strategy to increase agricultural output and support farmers in various regions.
Recently, the government also provided assistance to 192,095 farmers growing rice, maize, sorghum, millet, soybean, and cassava during the 2024 wet season across all 37 states, including the Federal Capital Territory. This widespread support underscores the government’s commitment to agricultural development.
Cross River State has emerged as a leader in wheat production, surpassing 16 other states. The minister noted that over 3,000 wheat farmers have been identified to receive support for grain cultivation, highlighting the state’s dedication to enhancing agricultural output.
Kyari acknowledged the Cross River government’s commitment to wheat production, which has led to a partnership with the federal government. This collaboration aims to kick-start various agricultural projects and ensure sustained growth in the sector, ultimately contributing to the nation’s economic revival.
