Federal Government Awaits $1.2bn Loan Approval to Implement Critical Agric Initiative

President Muhammadu Buhari

The Senior Special Assistant to the President on Agriculture, Dr. Andrew Kwasari, has said all appeared set for the implementation of the much-awaited Green Imperative project to modernise and introduce mechanised agriculture going forward.

Agricultural mechanisation which is a major priority of the federal government to boost the sector is effectively captured in the $1.2 billion green imperative agreement recently signed between Nigeria and the government of Brazil for the production and deployment of 10,000 tractors to be assembled in the country.

The agreement also has a component to the implementation of the livestock roadmap to among other things, quell the incessant farmers-herders clashes.

According to Kwasari, the loan request is currently before the National Assembly, adding that an earlier borrowing request by President Muhammadu Buhari to the lawmakers was initially stepped down to allow for the amendment of the 2020 budget.

He said: “This project has been in the making for quite some time and we have reached a point where we are completely ready for its take-off.”

Speaking to reporters in Abuja, the presidential aide said the agreement would address the twin issue around agricultural modernisation and mechanisation as well as agro-processing.

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