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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 consists of specialised implements and structured financing fashions to make sure long-term financial affect, notably for youth- and women-led enterprises.

What they’re saying

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

  • “The Bank of Agriculture and the Federal Ministry of Agriculture and Meals Safety have distributed over 2,000 tractors and heavy-duty gear to mechanised farmers to spice up manufacturing and strengthen nationwide meals safety. The distribution, supported by Heifer Worldwide and Heifer Nigeria, was carried out below the Renewed Hope Nationwide Agricultural Mechanisation Programme (NAMP),” the NAN report learn partly.
  • “NAMP is greater than tractor distribution. It’s a dedication to constructing techniques that endure, generate worth and serve the thousands and thousands of smallholder farmers who feed the nation,” Sontinrin added.

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

  • He urged beneficiaries to keep up the tractors, honour compensation phrases, and construct sustainable agribusinesses that create jobs, calling the rollout a significant milestone reflecting President Bola Tinubu’s prioritisation of agriculture.

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

How the programme works

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

  • Greater than 100,000 purposes had been obtained within the first part of NAMP.
  • Tractors are deployed by Mechanisation Service Suppliers below a regulated lease-to-own mannequin, making certain broader entry slightly than non-public possession.
  • Every tractor is anticipated to service roughly 600 hectares yearly, reaching an estimated 1.2 million farmers throughout 1.5 million hectares yearly.
  • Many service suppliers are youth- and women-led enterprises, supported by financing fashions coordinated by the Bank of Agriculture in partnership with Heifer Worldwide.

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 financial resilience.

Backstory

The Bank of Agriculture, in collaboration with Heifer Nigeria, launched NAMP to offer 2,000 tractors to youth and ladies agripreneurs nationwide. Purposes had been open till November 10, 2025, attracting hundreds 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. Members obtained preventive upkeep, technical assist by way of mechanisation hubs, and digital monitoring utilizing IoT expertise.

Moreover, NAMP included 9,000 agricultural implements to assist youth and ladies develop mechanised farming and generate additional revenue. Repayments for each tractors and implements are linked to utilization and earnings to keep up affordability. Eligible candidates included girls, youth, and mechanisation corporations, with choice primarily based on standards outlined within the utility kind.

What you need to know

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

  • President Bola Ahmed Tinubu authorized the acquisition of those tractors as a part of a broader plan to modernize the agricultural sector.

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.


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