Agriculture: Still Scratching the Surface - Daily Trust

Agriculture: Still scratching the surface - Daily Trust

Nigeria’s agriculture sector has taken a significant hit since the federal government announced the termination of fuel subsidies in May 2023. Rising transportation and production costs have driven up the prices of essential agro-inputs, burdening smallholder farmers and threatening food security nationwide.   When the subsidy removal was announced, farmers were already preparing their fields for the wet season. The timing was disruptive, with p…

Food security: Nigeria secures $134m loan facility from AfDB - Minister - EnviroNews - latest environment news, climate change, renewable energy

The Federal Government of Nigeria says it has secured a loan facility of $134 million from the African Development Bank (AfDB) to help farmers boost seeds and grain production in the country. Minister of Agriculture and Food Security, Sen. Abubakar Kyari Minister of Agriculture and Food Security, Sen. Abubakar Kyari, made this known at the unveiling of the 2024/2025 National Dry Season Farming in Calabar, Cross River State. Kyari explained that…

Nigeria Gets $134m AfDB Loan For Food Production - InsideBusiness - Business News in Nigeria

African Development Bank (AfDB) has granted a $134 million loan facility to the federal government for disbursement under the National Agricultural Growth Support Scheme-Agro Pocket Project to enable farmers to boost seeds and grain production in the country. Abubakar Kyari, the Minister of Agriculture and Food Security, disclosed in Calabar at the unveiling of the 2024/2025 National Dry Season Farming, explaining that it would be disbursed to g…

FG secures $134 million AfDB loan facility to boost seed and grain production for farmers

The Federal Government says it has secured a $134 million loan facility from the African Development Bank (AfDB) to support farmers in boosting seed and grain production across the country.  The post FG secures $134 million AfDB loan facility to boost seed and grain production for farmers  appeared first on Nairametrics.