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FG Signs €995m Deal, to Create Agric Mechanisation Hubs in 774 LGAs
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, on Monday, disclosed that the federal government has signed an agreement with the Brazilian Government and German Deutsch Bank Group as financiers of a facility of 995 million euros for the Green Imperative Programme.
The Programme will provide mechanisation hubs across the 774 local government areas in Nigeria when implemented.
The Minister made this known during the flag-off of the Food Security and Agricultural Mechanisation Programme in Minna, Niger state.
“A memorandum of understanding between the federal government and the John Deer Group, a subsidiary of Tata Equipment, was signed. The manufacturer has signed to deliver 10,000 units of tractors and implement in tranches of 2,000 units per annum for the next five years.
“The Greener Hope Initiative is another veritable platform the federal government is deploying to ultimately change the deficit narrative in the Nigerian agricultural mechanisation space,’’ he said.
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