YOUTH AGRICULTURE BUSINESS REVOLUTION IN NIGERIA

The Bank of Agriculture (BOA) has earmarked 10 billion Naira for the Youth Agriculture Business Revolution in Nigeria (YARN). The Managing Director of the Bank, Mohammed Santuraki, explained that plans have been concluded for the lauching of the programme.

Santuraki spoke at the Bank’s Head Office in Kaduna, while receiving members of the House of Representatives Committee on Agriculture.
has concluded plans to launch the Youth Agriculture Business Revolution in Nigeria (YARN) with about 10 billion naira. The Bank’s boss said the bank has granted a 5 billion naira loan to small-scale farmers this year while over 2 billion naira was given as loan to commercial farmers.
Meanwhile, the Minister of Information, Labaran Maku, has stressed need to redefine the nation’s agricultural funding system and establish a framework that would support issuance of long-term funding to the country’s farmers.