Bank of Agriculture begins distribution of fertiliser, seedlings to 500,000 farmers ‎

The Bank of Agriculture (BOA) has launched a nationwide distribution of essential farming inputs, including fertilizers, maize seeds, and crop protection products, to approximately 500,000 smallholder farmers. This program is a key component of the Federal Government’s Renewed Hope agenda, designed to enhance food security and uplift rural livelihoods.

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The intervention formed part of a nationwide programme targeting nearly 500,000 farmers, who will cultivate about 520,000 hectares of farmland, with an expected output of at least 2.6 million tonnes of additional food for Nigeria’s food basket.

The initiative targets farmers across more than 20 states, with the goal of supporting the cultivation of roughly 520,000 hectares of farmland. This effort is projected to contribute an estimated 2.6 million tonnes of additional food to Nigeria's food supply.

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The programme has already recorded significant progress, with close to 200,000 farmers financed, while 1.8 million bags of fertiliser and 329,000 bags of quality, high-yielding seeds were being distributed through 20 Farmer Aggregation Companies in more than 20 states.

Ayo Sotinrin, the Managing Director and Chief Executive Officer of BOA, announced the program's commencement in Dutse, Jigawa State. He highlighted that the program is already making significant progress, having financed close to 200,000 farmers and distributed 1.8 million bags of fertilizer and 329,000 bags of high-yielding seeds. Sotinrin emphasized that over one-third of the beneficiaries are women, underscoring the government's commitment to inclusive agricultural development under President Bola Tinubu's administration.

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This initiative is a concrete expression of the Renewed Hope Agenda of Mr President, a policy that moves beyond promises to deliver structure, funding and institutional support for agriculture.

Sotinrin stated that the program moves beyond promises, providing structure, funding, and institutional support for agriculture. He assured Nigerian farmers that the government and its institutions are supporting them from production to market access. The Bank of Agriculture remains dedicated to serving as the primary channel for the Federal Government's agricultural interventions directly to farmers across the nation.

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It tells every Nigerian farmer that they are not alone, as the government and its institutions stand with them from the soil to the market.