US partners Nigeria on agriculture with $2m

The United States Agency for International Development says it has earmarked $2m to support the Nigerian government’s effort to develop the agricultural sector.

It added that it would partner local agribusinesses – Babban Gona and Hello Tractor – to assist farmers in accessing smart tractors and improved seeds.

The US Embassy Deputy Chief of Mission, Mrs. Maria Brewer, according to a statement on Monday, spoke in Abuja at a gathering attended by the Minister of 

Agriculture, Chief Audu Ogbeh.

The envoy stated that the two-year partnership was also aimed at ensuring profitable markets for over 45,000 farmers in seven states across the federation.

She said, “Innovation and entrepreneurship hold the key to unlocking Nigeria’s agricultural potential, and the US government will continue to provide support in this direction. Under the Feed the Future initiative, the USAID partners the private sector to support smallholder farmers in Nigeria.  Through the partnership, USAID addresses development and business challenges by increasing access to improved agricultural inputs and mechanisation, better quality technical advisory services, and expanding market opportunities for farmers.

“The partnership capitalises on the untapped potential of youths in agriculture and help build the capacity of young entrepreneurs to grow their businesses, create secure jobs, and boost economic growth in Nigeria. Under the $2m two-year partnership, anticipated results include increased access to smart tractors, improved seeds, and profitable markets for over 45,000 smallholder farmers in seven states and the Federal Capital Territory.”

The Babban Gona company would address the challenge of farmers by forming strong cooperatives called Trust Groups, which would enable maize, rice, and soybean farmers to gain access to new markets and sell at premium prices. She added that Hello Tractor would recognise the need among smallholder farmers for consistent and sustainable mechanisation services and would design a versatile smart tractor with eight attachments to serve their needs throughout the farm production cycle.

source: http://punchng.com/us-partners-nigeria-agriculture-2m/