News
FG To Create 5 Million Jobs Through Green Imperative Agricultural Mechanisation Program
FG To Create 5 Million Jobs Through Green Imperative Agricultural Mechanisation Program
The federal government is set to create over 5 million jobs through the launch of the Green Imperative Agricultural Mechanisation Program following the announcement of the senate that it has approved a loan valued at €995 million from the Brazilian Development Bank and Deutsche Bank for the development of Nigeria’s agriculture value chain.
This program is conceived to enhance the agricultural sector through the provision of modern machineries and implements. The $1.1 billion partnership will include 10,000 tractors to be assembled in Nigeria and more than 707 centers to be established to train about 10,000 Nigerians.
Also Read: FG Set To Consider Deploying NYSC Corps Members To Serve Abroad
The aim of this partnership is part of the Federal Government’s plan to address key agricultural gaps, including the inability to meet domestic food requirements and the country’s inability to satisfy growing export demands in particular areas of quantity and quality.
The Loan will fund 632 privately-operated primary production (mechanisation) service centres 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.”
The federal government added that the service centres built with the loans would be used to cover crop and livestock commodities prioritized towards food security and trade.
-
Tips2 years ago
Shiloh 2022 Programme Schedule – Theme, Date And Time For Winners Shiloh 2022
-
Business & Loans2 years ago
Dollar To Naira Today Black Market Rate 1st December 2022
-
Business & Loans2 years ago
SASSA Reveals Grant Payment Dates For December 2022
-
Jobs & Scholarship2 years ago
Latest Update On 2023 NPC Ad hoc Staff Recruitment Screening
-
Tips2 years ago
Happy New Month Messages and Wishes For December 2022
-
Tips4 years ago
Best Android VPN Apps in 2020 (Full List)
-
Business & Loans2 years ago
Npower Latest News On August Stipend For Today Friday 2nd December 2022
-
Business & Loans2 years ago
Dollar To Naira Today Black Market Rate 2nd December 2022
Pingback: FG Set To Consider Deploying NYSC Corps Members To Serve Abroad - FlippStack
Pingback: What To Know About The Newly Formed European Conference League - FlippStack