FG, Bank of Agriculture distribute 2,000 tractors to mechanised farmers

The Federal Authorities (FG) and the Bank of Agriculture have distributed over 2,000 tractors and heavy-duty gear to mechanised farmers to spice up manufacturing and strengthen nationwide meals safety.

The event was confirmed by the Minister of Agriculture and Meals Safety, Sen. Abubakar Kyari, and the Managing Director of the Bank of Agriculture, Mr Ayodeji Sontinrin, as reported by the Information Company of Nigeria (NAN).

The rollout is a part of the Renewed Hope Nationwide Agricultural Mechanisation Programme (NAMP), supported by Heifer Worldwide and Heifer Nigeria, geared toward reworking agriculture right into a productivity-driven and sustainable sector.

The programme additionally contains specialised implements and structured financing fashions to make sure long-term {economic} influence, significantly for youth- and women-led enterprises.

Each Sen. Kyari and Mr Sontinrin emphasised that NAMP goes past mere gear distribution. It’s supposed to create techniques that generate worth throughout the agricultural worth chain.

The Managing Director added that the programme depends on {financial} self-discipline, inclusive participation, and digital accountability to ship long-term {economic} returns.

The officers pressured that the initiative is designed to offer measurable influence on nationwide meals safety whereas empowering smallholder farmers.

Senator Kyari supplied particulars on the programme’s operations, noting robust nationwide demand.

The ministry will present coverage oversight, high quality assurance, monitoring, and nationwide capacity-building to make sure the programme delivers meals safety, job creation, and long-term {economic} resilience.

The Bank of Agriculture, in collaboration with Heifer Nigeria, launched NAMP to offer 2,000 tractors to youth and girls agripreneurs nationwide. Functions had been open till November 10, 2025, attracting 1000’s of submissions.

Tractors had been provided by a pay-as-you-go leasing mannequin with three- to five-year phrases, a 25% down fee, and 15% curiosity. Contributors obtained preventive upkeep, technical help through mechanisation hubs, and digital monitoring utilizing IoT expertise.

Moreover, NAMP included 9,000 agricultural implements to assist youth and girls broaden mechanised farming and generate further earnings. Repayments for each tractors and implements are linked to utilization and earnings to take care of affordability. Eligible candidates included girls, youth, and mechanisation corporations, with choice based mostly on standards outlined within the software type.

The Federal Authorities obtained the primary batch of two,000 Belarus tractors in February 2025 to broaden mechanised farming in Nigeria.

The distribution of tractors and implements marks a big step in advancing mechanised agriculture, selling meals safety, and creating sustainable employment alternatives for smallholder farmers.