By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
INFORMATION HUBINFORMATION HUBINFORMATION HUB
  • NIGERIA NEWS
  • FOREIGN SCENE
  • SPORT
  • ENTERTAINMENT
Reading: Agric Minister Assures Farmers Of Access To Credit Facilities
Share
Notification Show More
INFORMATION HUBINFORMATION HUB
  • NIGERIA NEWS
  • FOREIGN SCENE
  • SPORT
  • ENTERTAINMENT
Have an existing account? Sign In
Follow US
© 2025 INFORMATION HUB. All Rights Reserved.
INFORMATION HUB > Blog > NIGERIA NEWS > Agric Minister Assures Farmers Of Access To Credit Facilities
NIGERIA NEWS

Agric Minister Assures Farmers Of Access To Credit Facilities

Newtelegraph
Last updated: October 27, 2025 8:33 pm
Newtelegraph
2 weeks ago
Share
Agric Minister Assures Farmers Of Access To Credit Facilities
SHARE


The Minister of Agriculture and Food Security, Senator Abubakar Kyari, on Monday, assured Nigerian farmers of credit facilities to boost agricultural production in the country.

Kyari gave the assurance at a one-day Public Hearing organised by the Senate Committee on Agriculture Production Services and Rural Development, at the National Assembly Complex, Abuja.

The public hearing was on three bills, namely: Cassava Flour (Mandatory Inclusion into Flour Production) (Establishment) Bill, 2023;
The National Food Reserve Agency and for Related Matters and Rice Development Council of Nigeria (Establishment) Bill 2024.

Kyari, who expressed joy over the crash in the prices of food items, promised that the Ministry would look for mechanisms to tackle the high costs of farm inputs.

DON'T MISS

Edo police uncover housewife in fake kidnap bid, arrest accomplices
Edo police uncover housewife in fake kidnap bid, arrest accomplices
Sustaining the Lead in Climate Governance Ranking 2025 is a Collective Triumph for all Lagosians’ – THISDAYLIVE
Sustaining the Lead in Climate Governance Ranking 2025 is a Collective Triumph for all Lagosians’ – THISDAYLIVE
Youth corper battling Sickle Cell complications seeks ₦12m for hip surgery
Youth corper battling Sickle Cell complications seeks ₦12m for hip surgery
Academy trains students, champions digital research skills at UI masterclass
Academy trains students, champions digital research skills at UI masterclass

He said: “I’m happy with the crash of prices, but it’s the inputs that we are working on, like fertilizer, irrigation and all that. So that is what we are trying to find, mechanisms where farmers will have access to credit and, at the same time, cheaper products.

“Yes, prices have crashed. Consumers are happy, but I know farmers are not happy with it. So now what we are trying to do is to try to balance the welfare of the population and the welfare of the farmers. If the cost of production is more than the market price, then how can we incentivise them to produce?

Commenting on post-harvest losses recorded, Kyari said: “We have already made a legacy project on the post-harvest losses, which includes storage at the community level. Not the silos that we have that are situated in urban areas, but at the community level. This is what we are driving at.

“We want to make a new harvest silo programme that 85 per cent of the storage will be at those farming community levels to replace those local mud silos”.

Speaking further, the Minister disclosed that Nigeria’s annual demand for maize was about 25 million tons.

Chairman of the Committee, Senator Saliu Mustapha, said the bills had successfully scaled the second reading in the senate, noting that, “they now stand before us for your invaluable scrutiny and contribution”.

Mustapha, who also sponsored the bill on Cassava Flour (Mandatory Inclusion into Flour Production) said the bill sought to blend our abundant cassava into wheat production.

“Thereby reducing our crippling N5 billion annual wheat importation, creating jobs for our teaming unemployed youth and improving the living standard of smallholder farmers”.

On his part, the Secretary, Association of Master Bakers and Caterers of Nigeria, Mr Adeyemi Conion, who supported the bill, said that it was long overdue, noting that the bill when passed, would create job opportunities for the teeming unemployed youths.

President, Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Goronyo, said that the bill should explicitly support state-level consultation before individual council decisions are made.

Goronyo, who was represented by his Special Adviser, Muhammad Alibaba, said: “We are recommending the introduction of a cross-border mechanisation and system of improving programmes supported by the council in partnership with the local fabricators and private investors”.

Please follow and like us:



SOURCE PAGE

Akinsanmi Falaki Inducted into EKSU Alumni Hall of Fame – THISDAYLIVE
Nigeria’s Economic Reforms: How clear monetary policy direction creates window for strategic investments
Court grants Anyanwu’s request to amend originating summons, adjourns hearing till Jan 20 – Tribune Online
US lawmakers slam Trump over threats to Nigeria, call military action “reckless, irresponsible”
FG unveils 50 new tax exemptions, reliefs to ease burdens on Nigerians in 2026
Share This Article
Facebook Email Print
Previous Article Trump says he got a ‘perfect’ MRI scan during Walter Reed visit and he’d ‘love’ a third term: Live updates Trump says he got a ‘perfect’ MRI scan during Walter Reed visit and he’d ‘love’ a third term: Live updates
Next Article Four killed as protesters clash with security forces over Paul Biya’s re-election in Cameroon Four killed as protesters clash with security forces over Paul Biya’s re-election in Cameroon

You Might Also Like

UCL: Liverpool beat Real Madrid 1-0

UCL: Liverpool beat Real Madrid 1-0

3 days ago
Tinubu hosts Catholic Archbishop Kaigama at Aso Villa

Tinubu hosts Catholic Archbishop Kaigama at Aso Villa

3 days ago
VP Shettima Arrives Brazil For COP 30

VP Shettima Arrives Brazil For COP 30

3 days ago
CAPPA warns FG against reckless solid minerals drive, elects new board chairman – Tribune Online

CAPPA warns FG against reckless solid minerals drive, elects new board chairman – Tribune Online

3 days ago
Senate constitutes panel to probe railway projects executed under the Buhari administration

Senate constitutes panel to probe railway projects executed under the Buhari administration

4 days ago
Trump to meet Syrian president at White House Nov. 10

Trump to meet Syrian president at White House Nov. 10

4 days ago
US Looking For Opportunity To Establish Base In Nigeria — Dambazau

US Looking For Opportunity To Establish Base In Nigeria — Dambazau

4 days ago
Why Nigeria should be careful with Trump — Osoba – Tribune Online

Why Nigeria should be careful with Trump — Osoba – Tribune Online

4 days ago

We are a news aggregator, dedicated to collecting and curating articles from a wide array of reliable news sources. Our mission is to provide you with a single, streamlined platform where you can quickly access diverse perspectives and stay informed. We believe that staying updated shouldn’t be a chore. By bringing together content from various outlets, we help you efficiently navigate the news landscape and discover the stories that matter most to you.

  • NIGERIA NEWS
  • FOREIGN SCENE
  • ENTERTAINMENT
  • SPORT
  • SCIENCE
  • LIFESTYLE
  • TECHNOLOGY
  • Terms
  • About us
  • Privacy policy
  • Advertise with us

Find Us on Socials

© INFORMATION HUB. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?