•To also give out 1,200 trailers
•Hopes to conclude reorganisation, recapitalisation of Bank of Agriculture Q1 2025
•Security budget opens farmlands for cultivation
Deji Elumoye in Abuja
The federal government yesterday disclosed that it has taken delivery of 255 tractors out of the 2000 it signed with a private firm about a year ago to be distributed to farmers.
Agriculture and Food Security Minister, Senator Abubakar Kyari, who made this known while addressing newsmen at the State House on government’s moves to bring down food inflation currently at about 34 percent also stated that the government has commenced plan for the reorganisation and recapitalisation of the Bank of Agriculture which was expected to be completed before the end of the first quarter of 2025.
Kyari explained that all the efforts were moves by the President Bola Tinubu’s administration for its Renewed Hope Agenda geared towards reducing food inflation,…
Source: Thisday Newspaper