FGN Is Ready To Give Out N12.3B To More Than 2M Farmers
Aug 20, 2021 11:36:57 GMT 1
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Post by Trade Coach on Aug 20, 2021 11:36:57 GMT 1
The Federal Government Of Nigeria (FGN) Is Ready To Give Out N12.3 billion To More Than Two Million Farmers In Nigeria As Subsidies
The Federal Government of Nigeria (FGN) has concluded arrangements to give out N12.3 billion to Nigerian farmers as agricultural subsidies in the coming weeks.
Officials of the Presidency confirmed that the President, Muhammadu Buhari had already approved the first tranche, a sum of N6.15 billion for the first batch of 1.2 million farmers in the country.
The Senior Special Assistant on Agriculture to the President, Andrew Kwasari, told newsmen that the Nigeria Inter-Bank Settlement System had validated the first batch of the beneficiaries.
He reiterated that the first batch of 1.2 million farmers would soon start receiving alerts, and that another batch of over one million farmers would also receive their own N6.15 billion agricultural subsidy soon.
Mr. Kwasari said “The President has approved subsidies for 1.2 million farmers in Batch A and the NIBSS has validated the farmers’ bank accounts and BVN (Bank Verification Numbers) as farmers.
We have another batch of over one million farmers and NIBSS has also validated the bank details and it will be sent to Mr. President for approval.
The NIBSS validates every BVN tied to any account and can tell you the owner of such account in this country”.
Mr. Kwasari also insisted that the Federal Government of Nigeria had captured over six million farmers across the country, and that the data of the operators were in his office.
“We’ve captured over six million and very soon, we will be giving direct subsidies to these registered farmers,” he said.
The Senior Special Assistant to the President on Agriculture urged the registered farmers who will benefit from the coming subsidy to deploy the funds judiciously for agricultural purposes when they start receiving the funds, and also pointed out that the government would monitor the use of the funds.
Remember that we brought you this information in this forum that if you are a farmer that you should do everything possible to register as a farmer with the Federal Government through the portal opened for that.
I encouraged you to go to your state ministry of agriculture to enquire on how to register; you can see that the project is a reality. If you had registered, who knows, you may have been chosen to receive the subsidy which could have been a life changing experience.
In another event, Nigerian farmers have quantified the losses they incurred in the past year to be about 50% of their total annual production due to high level of insecurity in the country.
The farmers described the situation as very precarious, they also expressed the fear that if the Federal Government still could not halt the country’s worsening security situation that there will be food crises soon.
The farmers complained that their members could no longer visit their farms for fear of the bandits especially in the Northern part of the country where bandits and other terror groups control quite some big territory.
The National President, All Farmers Association of Nigeria said “We don’t know the exact number of farmers we have in Nigeria and the total produce in any crop. Nobody has any exact data on this. We are working on making the exact data of farmers available, but our production losses are very huge.
However, to be on a conservative side, we have lost almost 50% of what we used to produce. And this is because most of us cannot produce anything because of the level of insecurity in the country.”
The AFAN president noted that the hike in food prices was also due to the drop in agricultural production basically caused by insecurity in the country.
He called for collective efforts of all in addressing the worsening security situation in Nigeria, saying that if the situation persisted it would degenerate to a national food crisis.
If you are a member of this forum and you are a farmer but you still have not registered with government, please do so as it is not yet too late.
Make enquiries to find out in your local government how it is done.
Stay with us. Don’t forget that we conduct trainings on agro-exports; get all the required information from the admin of the forum.
The Federal Government of Nigeria (FGN) has concluded arrangements to give out N12.3 billion to Nigerian farmers as agricultural subsidies in the coming weeks.
Officials of the Presidency confirmed that the President, Muhammadu Buhari had already approved the first tranche, a sum of N6.15 billion for the first batch of 1.2 million farmers in the country.
The Senior Special Assistant on Agriculture to the President, Andrew Kwasari, told newsmen that the Nigeria Inter-Bank Settlement System had validated the first batch of the beneficiaries.
He reiterated that the first batch of 1.2 million farmers would soon start receiving alerts, and that another batch of over one million farmers would also receive their own N6.15 billion agricultural subsidy soon.
Mr. Kwasari said “The President has approved subsidies for 1.2 million farmers in Batch A and the NIBSS has validated the farmers’ bank accounts and BVN (Bank Verification Numbers) as farmers.
We have another batch of over one million farmers and NIBSS has also validated the bank details and it will be sent to Mr. President for approval.
The NIBSS validates every BVN tied to any account and can tell you the owner of such account in this country”.
Mr. Kwasari also insisted that the Federal Government of Nigeria had captured over six million farmers across the country, and that the data of the operators were in his office.
“We’ve captured over six million and very soon, we will be giving direct subsidies to these registered farmers,” he said.
The Senior Special Assistant to the President on Agriculture urged the registered farmers who will benefit from the coming subsidy to deploy the funds judiciously for agricultural purposes when they start receiving the funds, and also pointed out that the government would monitor the use of the funds.
Remember that we brought you this information in this forum that if you are a farmer that you should do everything possible to register as a farmer with the Federal Government through the portal opened for that.
I encouraged you to go to your state ministry of agriculture to enquire on how to register; you can see that the project is a reality. If you had registered, who knows, you may have been chosen to receive the subsidy which could have been a life changing experience.
In another event, Nigerian farmers have quantified the losses they incurred in the past year to be about 50% of their total annual production due to high level of insecurity in the country.
The farmers described the situation as very precarious, they also expressed the fear that if the Federal Government still could not halt the country’s worsening security situation that there will be food crises soon.
The farmers complained that their members could no longer visit their farms for fear of the bandits especially in the Northern part of the country where bandits and other terror groups control quite some big territory.
The National President, All Farmers Association of Nigeria said “We don’t know the exact number of farmers we have in Nigeria and the total produce in any crop. Nobody has any exact data on this. We are working on making the exact data of farmers available, but our production losses are very huge.
However, to be on a conservative side, we have lost almost 50% of what we used to produce. And this is because most of us cannot produce anything because of the level of insecurity in the country.”
The AFAN president noted that the hike in food prices was also due to the drop in agricultural production basically caused by insecurity in the country.
He called for collective efforts of all in addressing the worsening security situation in Nigeria, saying that if the situation persisted it would degenerate to a national food crisis.
If you are a member of this forum and you are a farmer but you still have not registered with government, please do so as it is not yet too late.
Make enquiries to find out in your local government how it is done.
Stay with us. Don’t forget that we conduct trainings on agro-exports; get all the required information from the admin of the forum.