FCMB supports FMYD-IITA Youth in Agribusiness Land Trust Fund

A new initiative, the National Youth in Agribusiness Land Trust Fund (YiALTF), has been launched by the Federal Ministry of Youth Development (FMYD) in partnership with the International Institute for Tropical Agriculture (IITA). This program is designed to significantly enhance land access for young Nigerians aspiring to build sustainable agribusiness enterprises.

The YiALTF aims to unlock opportunities for more than 500,000 young Nigerians. By improving access to land, the initiative seeks to empower the next generation of agricultural entrepreneurs and contribute to the growth of the agribusiness sector.

First City Monument Bank (FCMB) has announced its support for this crucial program. The bank's involvement underscores a commitment to fostering youth development and promoting sustainable agricultural practices within Nigeria.

This collaboration between government ministries, international organizations, and the private sector highlights a concerted effort to address challenges faced by young people in agribusiness, particularly concerning land acquisition. The initiative is expected to provide a vital platform for young Nigerians to develop their skills, access resources, and establish successful ventures in the agricultural field.