The Federal Government has resolved to inject over $1.58bn (N600bn) as stimulus response into Nigeria’s agricultural sector, the Minister of Agriculture and Rural Development, Sabo Nanono, has said. Nanono said the fund would target small scale farmers to ensure food security and sustainability. He disclosed this while on a tour of Dangote Fertiliser Plant and during a crucial meeting with other fertiliser companies in Lagos to galvanise their cooperation for the production of inputs.
The minister’s comments were contained in a statement issued on Sunday in Abuja by the Director, Information, Federal Ministry of Agriculture and Rural Development, Theodore Ogaziechi. Nanono explained that the N600bn stimulus response which targets farmers nationwide would take off with an initial 2.4 million farmers in the first instance…
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