Food security: Bank of Agric to modify policies to lure graduates, women

Bank of Agriculture (BOA) has said its programmes for young graduates and women would be more flexible and accessible with a view to getting them involved in agricultural production.

To this end, the bank is set to revamp some of its youth-based programmes, one of which is its Youth in Agriculture Development in Nigeria (YAN) programme. The YAN programme presently attracts low interest rates as beneficiaries can now access up to N1m agric loans for a start, and also take even more instantly on repayment. A similar procedure which also applies to the women in agriculture loan scheme.
Audu Ogbeh, Minister of Agriculture and Rural Development

Disclosing this in Ibadan, at a workshop organized by the bank, the Executive Director, Corporate Services, Alhaji Mohammed Adamu Sambo challenged the youth in the Niger Delta region to avail themselves of the programmes targeted at the youths. This he said would be instrumental to them accessing agric loans of a minimum of up to N1million, which would serve as a massive boost to their fish farming entrepreneurial ventures.

Sambo, who was represented by the South West Zonal Manager, Idiat Titilayo Folorunsho, announced the BOA’s commitment to positively change the orientation of Nigerians towards agricultural development.

Mrs. Folorunsho, while commenting on the objectives of the workshop, was quick to explain that it was geared upbraiding the bank’s staff on existing realities and modern trends in agricultural banking such as acquiring knowledge on the fundamental principles of banking, risk identity and control measures, customer care techniques, and ICT for customer care.


Comments

Post a Comment

Popular posts from this blog

Agric forum to encourage greater technology use by women

Image
Organizers of a one-day agricultural forum for women in Benin, the Edo State capital, have said the event will focus on increasing the awareness of available agricultural and outreach technologies for women in agriculture. The forum which will be anchored by Market Development Programme in the Niger Delta (MADE) with funding from UK Aid, is collaborating with Markets II, funded by USAID and Foundation for Partnership Initiatives in the Niger Delta, PIND and the Edo State Cooperative Farmers’ Agency is being held for womenas part of activities to mark this year’s International Women’s Day. Mr. Fidelis Ekom, MADE’s Communications and Advocacy Manager, in a statement at the weekend said the forum also seeks to facilitate mindset change for women in the adoption of modern technologies and to facilitate engagement between women in agriculture and relevant value chain actors. Ekom said the forum will bring together women farmers in aquaculture, cassava, palm oil, poultry, hon
Read more

7 FEPSAN members to produce 1m tonnes under Presidential Fertiliser Initiative

Image
Seven active blending companies within the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) have been revived and are among the 1st of five batches that would produce 1 million tonnes of fertiliser under the Presidential Fertiliser Initiative, Thomas Etuh, President of FEPSAN has said. Etuh who disclosed this while speaking on Presidential Fertiliser Initiative noted that most of the plants owned by FEPSAN members are being revived after being dormant for over a decade. He expressed the hope that more plants would join the initiative before the end of April “Some of the blending plants which have already been supplied with raw materials including phosphate from Morocco and are blending include Fertiliser and Chemicals Ltd, Kaduna, producing 300,000 metric tonnes; Al-Yuma Fertilizer Company (300,000 metric tonnes) in Madobi-Kano; Kano Agricultural Supply Company, supplying 15 trailers daily and Golden Fertiliser based in Lagos. “Others blending plants ha
Read more

Over 100 exhibitors from 18 countries register for agrofood Nigeria 2017

Image
Fairtrade, the German trade fair specialist organisation, has said more than 100 exhibitors from 18 countries have confirmed their participation at the agrofood Nigeria, making it a record participation. The event which will take place from 28 to 30 March 2017 at the Landmark Centre in Lagos has attracted exhibitors from Austria, Benin, China, Denmark, Egypt, France, Germany, India, Italy, Kenya, Netherlands, Nigeria, Poland, South Africa, Taiwan, Togo, Turkey and the United Kingdom. agrofood Nigeria consists of the following exhibition topics: Agriculture, Process & Packaging, Food Ingredients, Food & Drinks and Foodservice Equipment. “For the third year, the French agrofood association adepta leads a delegation of French companies to agrofood Nigeria”, said Aude Roelly, Area Sales Manager for Sub-Saharan Africa, adepta. “From farm to fork, companies specialized into equipment and know-how for agriculture, livestock, food processing and packaging offer their
Read more