The Federal Government has granted approval for a 50% reduction in the cost of agricultural inputs to support the initiation of dry season farming, set to commence on November 25, 2023.
This decision was communicated through a statement from the Federal Ministry of Agriculture and Food Security on Friday.
The announcement outlined that the Minister of Agriculture, Abubakar Kyari, will lead the launch ceremony in Jigawa State.
The event, marking the beginning of dry season farming, will also involve the distribution of essential resources such as seedlings, herbicides, pesticides, and more.
The initiative spans across all 36 states of the country and the Federal Capital Territory.
Highlighting the government’s commitment to supporting farmers, the statement underscored a 50% subsidy on crucial agricultural inputs.
It read, “The Hon. Minister of Agriculture and Food Security, Sen. Abubakar Kyari, will lead several other dignitaries to Hadejia, Jigawa State, where the ceremony will take place. A range of agricultural inputs, including seeds, fertilizer, herbicides, and pesticides, will be delivered to farmers at the occasion. The Federal Government is subsidizing the agricultural inputs by 50 percent.”
In the context of Nigeria’s current 31.5% food inflation, as reported by the National Bureau of Statistics, the statement emphasized the significance of the dry season farming initiative.
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Furthermore, it highlighted substantial support from the African Development Bank through the National Agricultural Growth Scheme and Agro-Pocket project.
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Notably, the Federal Ministry of Agriculture and Food Security disclosed that the NAGS-AP project would leverage digital technology.
The ministry has already geolocated and registered over 250,000 farmers, emphasizing an ICT-driven implementation approach.
“The implementation is ICT-driven with earlier steps taken to geo-locate farmlands, enumerate, register, and cluster no fewer than 250,000 farmers,” the statement clarified.
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