Afri News

  • NEWS
  • BUSINESS
  • POLITICS
  • SPORTS
Afri News
BUSINESS

Nigeria Set to Receive 500 Tractors to Boost Food Production

Share

Gilbert Ekugbe 

The Federal Ministry of Agriculture and Food Security has stated that over 500 tractors are expected to hit the shores of the country in its quest to drive mechanised farming in the country.

The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, revealed that the ministry would receive 500 tractors assembled by the John Deere Group, noting that the move is aimed at boosting food production while also attaining food and nutrition security in Nigeria.

The Minister stated this during a media chat in Abuja, saying that the procurement of the tractors is coming on the heels of the present administration ‘s effort to make Nigeria self-sufficient in food production.

He stated that John Deere would deliver 500 tractors by the end of May and the rest in September 2024.

He assured that the Group would achieve the set target of 2,000 tractors yearly for the next five years and as signed in the Memorandum of Understanding (MoU) with the Ministry.

Kyari explained that to increase agricultural yields, there was need for tractors, stressing that this is very important for growth in the agric sector.

The Minister reaffirmed the federal government’s commitment to improve food and nutrition security through mechanisation, adding that the tractors would be accessible, available, and affordable for small, large-scale, and cooperative farmers across the country. 

He also revealed that the federal government had procured 58,500 tonnes of milled rice from Rice Millers Association of Nigeria for stabilisation of the market force.

“We have appealed to World Food Program (WFP), which is a United Nation’s based Agency, not to make bulk purchase from the market so as not to exacerbate the food price inflation that we have now, the minister added.  

On the recently released fertilizer by the CBN to FMAFS, the Minister stated that the release of 2.15 million bags of assorted fertilizer ranging from NPK, UREA and SSP, worth over N100 Billion Naira by the Central Bank of Nigeria (CBN) to Nigeria farmers was to enhance agricultural production.

Share
previous post
FAO: Over 10M Hectares of Forest Lost Annually to Deforestation 
next post
Petrol Rises 157%, Diesel 50%, LPG 46% in One Year as Energy Prices Extend Surge

Related posts

The Alternative Bank, TK Tech Africa Collaborate on $500m Digital Sukuk

AfriNewsMarch 29, 2024

Historic Reopening of Bola Ahmed Tinubu International Airport

AfriNewsMarch 22, 2024

MTN to Partner NiMet on Weather Information Dissemination

AfriNewsMarch 22, 2024

TRENDING

Matawalle, Ribadu, Musa Alliance Key to Nigeria’s Security – NSCI

author2December 13, 2025

Northern Stakeholders Rally Behind Mahmood Yakubu, Rebuke Atiku

author2December 5, 2025

NDYC Slams Politically-Motivated Attacks on Yakubu’s Ambassadorial Nomination

author2December 3, 2025

Ohanaeze Youths Warn Against Politicizing Yakubu’s Ambassadorial Appointment

author2December 3, 2025

NDYC Says Anti-Matawalle Forces Are Threatened by His Influence in the North

author2December 3, 2025
@2024 - AfriNews Media. All Rights Reserved.
  • NEWS
  • BUSINESS
  • POLITICS
  • SPORTS