REALLY! Farmers To Access Funds Through BOA – FG

The Federal Government of Nigeria has announced plans to recapitalize the Bank of Agriculture (BOA), a move expected to boost food production and empower farmers with finance. This development is aimed at enhancing food security by making food more accessible and affordable to Nigerians.

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According to the Minister of State for Agriculture and Food Security, Aliyu Sabi Abdullahi, the government is committed to reforming the Bank of Agriculture to better serve Nigerians. This reform is part of the government’s efforts to improve the agricultural sector and ensure food self-sufficiency.

The recapitalization of the Bank of Agriculture is expected to provide farmers with access to finance, enabling them to increase food production and improve their livelihoods. This move is seen as a positive step towards achieving food security and reducing poverty in Nigeria.

He said:

“We are reforming the Bank of Agriculture to serve Nigerians. We are recapitalizing the Bank of Agriculture to make food accessible and affordable to Nigerians. We must keep producing and keep producing food for Nigerians.”