Agriculture
FG Plans Low Interest Regime For Farmers
The Federal Government says it is considering a low interest lending rate regime for farmers in the country
President Goodluck Jonathan said this on Tuesday in Abuja at the 19th National Economic Summit and the inauguration of the Youth Employment in Agriculture Programme (YEAP).
The Tide reports that the programme seeks to eliminate the constraints to youth participation in agro business in the country.
The theme of the 19th Economic Summit is, “Growing Agriculture as a Business to Diversify Nigeria’s Economy’’.
A team headed by the Finance Minister is working on how government will link up with the private sector and the Central Bank to make sure that farmers get loans at very low interest rate.
The president commended the effort of the Central Bank of Nigeria in extending its lending to the agric sector, assuring that government would continue to develop innovative financing mechanism to make agricultural lending more affordable.
Jonathan, who also inaugurated the young Nigerian farmers at the summit, applauded the effort of the youth who ventured into agriculture out of interest.
I am convinced that agriculture as a business holds a bright future for our country, especially for the youth. “Unemployment among our youths is one of the biggest challenges; the time has come to create jobs and laid a good foundation for Nigeria’s economic growth, he said.
There is a need to get younger farmers, especially young graduates and school leavers, to take on agriculture as a business.
“I am excited that a lot of young people now see agriculture as a viable business opportunity; the panel of young business men and women that we just listened to has clearly demonstrated that the future of Nigerian agriculture is indeed bright. In order to encourage our young people, and to create a NEW cadre of young, dynamic and entrepreneurial commercial farmers in agro business, the Minister Agriculture has developed YEAP,’’ he said.
According to him, the programme over the next five years will see the emergence of young graduates and school leavers across the geo political zones into commercial farming and agro business.
“They will be called NAGROPRENEURS; these people through their businesses will create jobs for hundreds of thousands of Nigerian youths. To these young people, I say, you are the leaders of tomorrow and your leadership in training starts from today,’’ he said.
The president urged youths in the country to key into the opportunity to develop their skills and become commercial agro dealers in all areas of agriculture.
He said that administration would revolutionalised the sector, adding that ‘’days are gone when farmers are seen as poor people in the society.’’
Jonathan said that government would continue to accept recommendations from the summit group to help boost the economy, adding that a framework had been created for the National Planning Commission to forward such recommendations to the Federal Executive Council for implementation by Ministries, Department and Agencies.
The president said that the objective of the Agricultural Transformation Agenda was to turn about 20 million metric tonnes of food to the domestic food supply and to create about 3. 5 million jobs for the young people.
He said that the goal of government was to use agriculture as the spring board for Nigeria’s industrialisation.
Jonathan said that the rice revolution in 10 states in the dry season was a demonstration that if the farmers were well supported, they could feed the whole nation and beyond.
“Our target is to become self-sufficient in rice production by 2015 and 2016,’’ he said.
Agriculture
Decline Cassava Production; Nigeria Loses Millions Of Naira Annually
This the farmers attributed to inadequate pest control facilities, lack of in-depth managerial skills, crisis, Climate control and other factors.
These were the observations of the farmers during the training of 6000 Cassava farmers and facility tour both at Fashola Agribusiness hub and Iseyin.
The training was coordinated by the African Agricultural Technology (AATF) Foundation and National Crops Research Institute, Umudike, Abia state, funded by Germany based Foundation.
The project coordinator of AATF, Samuel Ogunleye said the training has benefited the farmers immensely.
According to him, ‘the training is designed to benefit 6,000 Cocoa farmers in the 33 local government areas of the state.
‘The programme was incubated in 2023 but inaugurated in 2024. The programme has taken place in Ido and Ibarapa areas with the training of over 1,200 farmers.
‘Today similar programme is taking place here in Iseyin with over 2,000 farmers in attendance.
Farmers are being trained on how to increase their output as well gets it to the market through modern technology.
‘In Iseyin, there is a modern Cassava processor machine aimed at easing the processes.
‘The local farmers have access to the processor at a subsidize rate. Also, the foundation is assisting them at getting their products to the market”.
In his own presentation, the team leader, National Root Crops Research Institute, Dr. Adeyemi Olojede said the training was designed to address the decline in the
production of Cassava nationwide.
He said: ‘The training is designed for the off season in order to allow active participation of farmers.
‘Some of the challenges confronting the farmers are tabled while the solutions are proffered.
On the issue of funding, the University don blamed successive administrations in the Country for paying lip service to the sector.
According to him, the Research Institutes in the Country have not been able to access the Budget in the past five years.
The researchers are using their personal contacts to access funds from local and international organization to carry out research.
Agriculture
Farmers Laud FG’s Newly Approved 57 Crop Varieties
The All Farmers Association of Nigeria (AFAN), Lagos State Chapter, has lauded the Federal Government’s approval of 57 crop varieties to strengthen agricultural productivity in the country.
The Lagos State AFAN Chairman, Mr Sakin Agbayewa, disclosed this in an interview with the Newsmen, Wednesday in Lagos.
Reports said that in March 2026, the Federal Government approved 57 new improved crop varieties to boost food security, improve nutrition, and strengthen agricultural productivity.
The crops, selected for early maturity, higher yields, and resistance to pests and diseases, include 14 different types of staples, with notable advancements in rice, maize, yam, soybean, and plantain.
Agbayewa noted the approval of the crop varieties would help improve the yields of farmers in the state.
“We are excited to hear about the 57 new varieties of crops recently approved.
“What we desire currently in crop farming is not just about planting, it is about increased yield.
“A farmer can have a plot of land and have a high yield and another can have big plots of land and have a low yield.
“So, if when are talking about food security, it starts from the varieties you are planting and it starts from the seedlings”, Agbayewa said.
He described the introduction of the crops as a new development for crop cultivation.
“This newly approved 57 crop varieties should however be popularised among local farmers because not everyone is aware of this latest development.
“There are lots of issues currently affecting the cultivation of crops and the development of improved crop varieties will help the farmer’s productivity.
“Issues such as climate change effects, inconsistent rainfall patterns and weather clash among others are affecting farmers’ yield,” he said.
Agbayewa said there should be massive advocacy of the approved crop varieties across the board for farmers, adding, “The government is now waking up to their responsibility. So, we are”
Agriculture
Collaborate To End Nigerian Livestock Feed Crisis …Country Rep
The event, with the theme “Aligning Science, Enterprise, and Policy to Scale Insect-based Feed Solutions,” brought together policymakers, researchers, regulators, private investors, and BSFL farming entrepreneurs to map out strategies for integrating insect protein into Nigeria’s agricultural system.
According to him, black soldier fly larvae can feed on organic waste including market and kitchen refuse and develop into high-protein feed within 10 to 14 days.
“It contains about 40 to 45 per cent protein, making it a viable alternative to some protein source feed ingredients in poultry, fish, and pig feed ration if produced sustainably” he said.
Amole noted growing interest from feed manufacturers, stressing that supply, not demand remains the major constraint
“The question now is who can produce at commercial scale,” he added.
He also highlighted Nigeria’s comparative advantage, citing its tropical climate and abundant organic waste, which support year-round production without the need for expensive temperature control systems.
He however emphasised the need for standardisation to ensure consistency in nutrient quality and safety across producers.
Also speaking, a Senior Scaling and Innovation Expert from the institutes ‘headquarters in Nairobi, Dr. Ijudai Jasada, identified fragmentation within the BSFL value chain as a major barrier to scale.
“We need a coordinated system that connects all actors and reduces inefficiencies,” he said.
Stakeholders at the Roundtable reached a consensus that ILRI should take the lead in establishing and championing a national platform on BSFL.
Jasada said plans are underway to establish a national coordination platform to improve collaboration, attract investment, and support long-term growth of the sector.
He said the goal is to integrate insect-based feed into Nigeria’s mainstream feed industry by 2030, while creating employment opportunities for women and youth.
On capacity development, Prof. Cordelia Ifeyinwa Ebenebe of Nnamdi Azikiwe University acknowledged ongoing training efforts by development partners and institutions but warned that Nigeria’s regulatory framework for insect-based feed remains underdeveloped.
She noted that standards are still evolving and are expected to align with benchmarks being developed by the African Organisation for Standardisation.
Similarly, Prof. Olugbenga Adeniran Ogunwole stressed the importance of safety assurance and regulatory clarity, warning that policy gaps could hinder large-scale adoption.
He identified key challenges, including variability in nutrient composition, digestibility concerns linked to chitin content, and relatively high production costs.
A BSFL producer, Mr. Kolawole Ogunleye, said large-scale production remains difficult due to limited access to equipment, financing, and infrastructure, adding, “The process is labour-intensive, and most of the equipment is still imported,” he said.
From the private sector, Mr. John Amole, Country Representative of New Generation Nutrition (NGN), described insect protein as a growing but still underutilised solution in Nigeria.
He noted that although insect meal has been approved as a feed ingredient, it has yet to gain widespread market acceptance.
“There is interest, but the ecosystem is still developing, and there are no guaranteed off-takers,” he said.
Sharing international experience, Ms Talash Huijbers of InsectiPro, Kenya, highlighted the success of circular economy models that convert organic waste into protein and fertiliser.
The roundtable concluded with key recommendations, including the establishment of a clear legal framework for insect-based feed, financial incentives for startups, standardised substrates, integration into national waste management systems, and increased funding for research and extension services.
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