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Tag: farmers

Agribusiness

Farmers accessed ₦3.4trn credit in 2025 – FG

The federal government has revealed that farmers in Nigeria accessed credit schemes totaling N3.4 trillion in 2025 to enhance food production. Minister of Agriculture and Food Security, Abubakar Kyari, who did not specify the number of farmers involved, stated that this amount represents less than four per cent of agriculture’s contribution to the country’s GDP. […]

Agribusiness

Farmers lament soaring prices despite import relaxation

The federal government’s decision to ease restrictions on selected food imports has provided short-term relief to consumers facing soaring food prices. BusinessDay reported that agricultural stakeholders, however, warn that the policy is causing heavy losses for local producers and jeopardising long-term food security in Nigeria. According to media reports, Fatai Afolabi, managing director at Foremost […]

Nigeria to produce food worth €62bn by 2024 - Report
Agribusiness

North-west farmers seek FG action on rising input costs

The North-West Agricultural Commodities Association has urged the Federal Government to urgently implement realistic and effective measures to bring down the high cost of farming inputs across the country. The association said such steps were necessary to complement existing efforts aimed at achieving sustainable food security in Nigeria. These recommendations were part of resolutions reached […]

Agribusiness

FG targets ₦160bn wheat output, registers 80,000 farmers

The Federal Government announced on Saturday that it has allocated 40,000 hectares of land for the 2025/2026 dry season wheat production, simultaneously registering 80,000 farmers for the program, with the projected output valued at approximately ₦160 billion. The Minister of Agriculture and Food Security, Abubakar Kyari, revealed these figures during the official flag-off ceremony of […]

Foods

Enugu farmers receive agro inputs, thank FG for support

Farmers in Enugu State have expressed satisfaction and gratitude for the distribution of agro inputs and equipment provided by the Federal Ministry of Agriculture and Food Security. The Federal Government, through the agriculture ministry, distributed these inputs to small-scale farmers in Enugu on Thursday. The items provided included herbicides, fertilizers, knapsack sprayers, solar water pumps, […]

Agribusiness

New fertilizer initiative will trigger high cost, farmers warn

Farmers operating under the umbrellas of the Coalition of Farmers Association of Nigeria and the Himma Youth Farmers Association of Nigeria asserted on Thursday that the new Presidential Fertilizer Initiative will likely trigger a high cost of fertilizers. The National President of COFAN, Dr. Abubakar Bamai, voiced concern that this government move, coming amid rising […]

Agribusiness

250,000 farmers insured, N250bn BoA loans disbursed — Shettima

Vice President Kashim Shettima has highlighted the efforts of the Tinubu administration to ensure food security in Nigeria. According to Shettima, 250,000 farmers have been insured across eight states, the 30 per cent Value Addition Bill is advancing, and the N250 billion Bank of Agriculture facility is being activated to reach smallholders. He stated this […]

News

Farmers raise concerns over FG’s dry-season farming initiative

Some farmers have expressed doubts about the Federal Government’s promised dry season farming intervention. Despite government assurances to boost food security and transition from rainfed to year-round agriculture, farmers argue that the initiatives have been selectively implemented and poorly executed. To combat food insecurity, the Federal Ministry of Agriculture and Food Security proposed implementing mechanized […]

Naira devaluation worsens Nigeria's debt woes
News

FG trains 3,000 farmers in 12 states

Three thousand vulnerable farmers in twelve South-West and South-South states have received training and empowerment from the Federal Ministry of Agriculture and Food Security. The PUNCH reported that according to the Federal Ministry of Budget and National Planning, the initiative was carrying out the Agriculture for Food and Jobs Creation Program, which is part of […]

Nigeria to produce food worth €62bn by 2024 - Report
Business

Lower interest rates to boost food security, farmers urge CBN

Nigeria’s Central Bank has been encouraged to lower loan rates in order to increase food production by the Agriculture Development Farmers Association of Oyo State. According to The PUNCH, the association’s chairman, Salihu Imam, stated that a large decrease in financing costs would spur agricultural growth and improve the country’s food security. “Bringing down lending rates […]

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