Green Imperative Agric Mechanization Loan Program will create 5M Jobs across Federation – See more details here: have you heard about Green Imperative Agric Mechanization Loan Program? Do you need to get involved in everything concerning Green Imperative Agric Mechanization Loan Program? Read more details on the benefits for the program below.
Benefits of Federal Green Imperative Agric Mechanization Loan Program
- Loan will fund 632 privately-operated primary production (mechanisation) Service Centers
- Green Imperative Agric Mechanization Loan Program will create 5M Jobs across Federation
- 142 Agro-processing (value addition) service Centres across Nigeria’s 774 LGAs
- Reactivate 6 privately-owned partially-operational or moribund tractor assembly plants nationwide
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Details about FG Green Imperative Agric Mechanization Loan Program
The Nigeria Senate approved the President’s request for approval of €995 million in loans from the Export-Import Bank of Brazil (BNDES) & Deutsche Bank of Germany (and guaranteed by the Islamic Development Bank) for the #Greenlmperative Agricultural Mechanisation program.
The Loan will fund 632 privately-operated primary production (mechanisation) Service Centers and 142 Agro-processing (value addition) service Centres across Nigeria’s 774 LGAs, and reactivate 6 privately-owned partially-operational or moribund tractor assembly plants nationwide.
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The Service Centres will cover crop and livestock commodities of priority importance to food security and trade. The #GreenImperative will train 100,000 new extension workers, create about 5 million jobs, and positively impact over 35 million Nigerians in a 5-10 year period.
How to register/apply for FG Green Imperative Agric Mechanization Loan Program
Registration Form Link Portal and requirements involved will be announce afterward. Stay tune!
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