33.2 C
Lagos
April 15, 2024
GreentvAfrica News
AgricultureNewsTechnology

Boosting food production in Nigeria: €995 million deal paves the way for mechanization hubs in all 774 LGAs

The Minister of Agriculture and Food Security, Abubakar Kyari has announced that the Federal Government Of Nigeria has secured a massive €995 million deal with the Brazilian Government and the German Deutsch Bank Group.

GreentvAfrica News reports that this deal is intended to finance a Green Imperative Programme in Nigeria.

The Programme is aimed at creating mechanisation hubs in all 774 local government areas of Nigeria. This is part of the implementation plan of the Programme, which seeks to promote mechanised agriculture and boost food production in Nigeria.

Kyari made this announcement on Monday in Minna, Niger State.

“A memorandum of understanding between the Federal Government and the John Deer Group, a subsidiary of Tata Equipment, was signed.

“The manufacturer has signed to deliver 10,000 units of tractors and implement in tranches of 2,000 units per annum for the next five years.

“The Greener Hope Initiative is another veritable platform the federal government is deploying to ultimately change the deficit narrative in the Nigerian agricultural mechanisation space,’’ he said.

On his part, President Bola Tinubu said his administration remains committed to ensuring food sufficiency and protecting local industries for sustainable economic growth.

The president who said this during the Food Security and Agricultural Mechanisation Programme in Niger State, added that the initiative is for the deployment of cutting-edge agricultural machinery and technology for large-scale agro-value chain development in the state.

“We have seen the level of commitment here. We have seen leadership. The success of any leader will depend on the ability to do what needs to be done when it ought to be done.

“It is now time for us to address the challenges and make Nigeria an economy of opportunities. We must care for our people; re-orient our people. I do not see why Nigeria cannot feed all students in its schools,” he said.

Related posts

Electric vehicles: Not as clean as we thought? Study reveals higher levels of toxic emissions compared to gasoline cars.

GreentvAfrica

Cadbury Nigeria Plc Record Loss in Q2 2021 Result.

GreentvAfrica

Nigeria First SGEL Chinese Wushu Performance Championship: 10 Raffle Draw winners emerged.

GreentvAfrica

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More