Vice President Namadi Sambo has disclosed that the Federal Government has approved N15 billion as grant through the Bank of Agriculture (BOA) for farmers at single digit interest rate for the 2013 farming season. He made this known on Thursday during the 19th edition of the National Economic Summit, organised by the Nigerian Economic Summit Group (NESG) and the National Planning Commission.
“The face of agriculture has changed in this country, and it is refreshing. Agriculture is no longer a development programme. Agriculture is now a business. In the transformation of our agriculture, we are taking the full value chain approach, from the farm to the table. As we grow agriculture, non-farm income and employment opportunities will develop, through multiplier effects in the local economy,” he said.
