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December 18, 2016

February 13 Nigerian farming farmers agric 696x308The Bank of Agriculture (BOA) has disbursed more than N21.5billion to farmers nationwide in an empowerment initiative involving no fewer than 107,200 households.
Mrs Idiat Folorunsho, the Zonal Manager, South West Region, Bank of Agriculture(BOA), made the disclosure at the Ooni Ogunwusi Agric-empowerment Programme in Ile-Ife.
Folorunsho said that dwindling oil revenue had forced a rethink in strategy in favour of agribusiness
She noted that BOA had taken necessary steps through deliberate policies and special programmes to galvanise the agriculture sector and engender the development of agribusinesses.
The Zonal Manager also stressed that the bank was always ready to produce young farmer entrepreneurs to assist in food production and to make the nation to be self-reliant in all agricultural products.
She also said N40billion had been set aside as a special purpose vehicle to ensure proper implementation of the programme to farmers nation wide.
Folorunsho also said the bank’s Anchor Borrowers Programme (ABP) involves the Anchor providing some degree of support through the supply of inputs and technical advice to farmers.
The Zonal Manger equally noted that all projects were being adequately taken care of with supplies of inputs to farmers after training.
She expressed the belief that a vibrant agro-industrial value chain in the agriculture sector would serve as a springboard for the growth of the manufacturing sector.
Agribusiness, she said, was expected to serve as a rallying point for rejuvenation while ABP was intended to create an ecosystem to link out-growers (small holder farmers) to local processors.
She stated further that this would increase banks’ financing to the sector, increase capacity of anchor companies involved in rice production and increase the productivity and incomes of out-growers.
http://punchng.com/agriculture-bank-disburses-n21-5bn-nigerian-farmers/

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Messages to Farmers

  • Apply fertilizer wisely to avoid wastage
  • Attend trainings on fertilizer use and application
  • Obtain quality fertilizers from reputable suppliers especially FEPSAN distributors
  • Store unused fertilizer away from children, fire, rain and entry of foreign material.
  • Form groups/associations to benefit from group/association dynamics.
  • Allow your crops to fully mature to get quality and values
  • Report fertilizer adulteration to the appropriate authority

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  • Bringing Balanced Fertilizers to Smallholder Farmers Training, Date: November 19 - 23 2018, Venue: Abuja, Nigeria Read more

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Mission

To provide a platform for the stakeholders in the public and private sectors of the fertilizer industry to develop effective public private partnerships in order to ensure timely supply of adequate quantity and quality fertilizers; and to promote professional, moral and ethical practices in the industry.

Vision

Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizers....Attain improved productivity and environmental sustainability of Nigerian Agriculture through balanced and judicious use of fertilizer...................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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2nd Floor Bank of Industry Building 
18 Muhammad Buhari Way, Kaduna, Nigeria. 
Mobile: +234 (803) 3174409...................sssss