Tag Archives: Bank of Agriculture

Smallholder Farmers Cringe Under Input Shortage Amidst Famine Alert

TAYO OLANIPEKUN The need for government to improve its investment in the agricultural sector and make farm inputs more accessible to the smallholder farmers has been emphasized. The move is also seen as a way out of famine declared in some parts of the country and to stir the economy away from its present state. Findings by National Wire showed …

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FG Plans $3.2bn Capitalization for Farming Lender

Minister of Agriculture and Rural Development Audu Ogbeh FG Plans $3.2bn Capitalization for Farming Lender The Federal Government plans to capitalize its state-owned Bank of Agriculture with 1 trillion naira ($3.2 billion) and will authorize the lender to take deposits as Africa’s most populous nation seeks to boost farming output and reduce food imports. “We are looking at 25 million …

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