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Home Economy Agri Business

Food Security: FG Launches Tractorisation Programme

by John Adegwu
2 years ago
in Agri Business
Reading Time: 2 mins read
IMG-20230206-WA0093
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To fast track development in the Agricultural Sector, the Federal Ministry of Agriculture and Rural Development in collaboration with the Bank of Agriculture (BOA) and other relevant partners has launched the tractorisation programme to encourage mechanised farming, boost food and nutrition security and create more job opportunities for nigerian youths.

Speaking during the event that took place at the Bank of Agriculture office complex in Kaduna State recently, the minister of agriculture and rural development, Dr. Mohammad Mahmood Abubakar, said that the ministry in collaboration with BOA and manufactures representatives has agreed to support the project by making tractors with implements available to farmers at a concessionary deferred payment terms.

The minister noted that Nigerian farmers were expected to make a 40 per cent per cent down payment, while the balance of 60 per cent per cent would spread over a period of three years.

Dr. Mahmood Abubakar stated that the ministry would acquire 10,000 units of tractors with implements and 50,000 units of assorted equipment to kick start the programme.

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Abubakar said that the vital role of agriculture in the Nigerian economy makes it necessary for the sector to be re-invigorated through tractor acquisition in order to achieve food and nutrition security.

He pointed out that it would lead to improved quantity and quality of food per person, reduce drudgery of farmers in Nigeria as well as increase productivity through tractorisation of the agric sector.

He revealed that Nigeria and Brazil entered into Bi-lateral Agreement under the More Food International Programme (MFIP) of Brazil which culminated in-kind loan of $1.2 Billion.

Speaking further, Abubakar noted that agriculture sector remains amongst the key sector driving the economy in Nigeria and it contributed 23.78 per cent of the Gross Domestic Product (GDP) as well as the largest employer of labour in the country.

In his remarks, the permanent secretary, Federal Ministry of Agriculture and Rural Development, Dr. Ernest Umakhihe, represented by director, Federal Department of Agriculture, Engr. Abubakar Abdullahi, stated that the programme would move agriculture from subsistence to commercial business venture, increase the economy of most farmers, drive development in the agrarian communities, encourage youth participation and engagement among others.

Dr. Umakhihe reaffirmed the ministry’s commitment in taking the tractorisation programme to higher pedestal where all and sundry will acknowledge its modest achievement.

Earlier, the managing director, Bank of Agriculture Limited Alhaji Alwan Hassan said that the status of agricultural mechanisation in the country was very low estimated at 0. 027hp/ha as against United Nations Food and Agricultural Organization (FAO) Recommendation of 1.5hp/ha. He added that the success of agricultural production largely depends on the level of mechanisation.

In his goodwill message, the chairman, Maize Farmers Association of Nigeria, Kaduna chapter, Alhaji Lliyasu Muazu, solicited for more support to the Manage services providers to ensure that farmers benefit from the programme across the 774 local government areas.

 

 

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