{"id":15863,"date":"2026-11-12T12:46:53","date_gmt":"2026-11-12T12:46:53","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/12\/boa-targets-400000-farmers-with-n200bn-dry-season-farming-support-businessday-ng\/"},"modified":"2026-11-12T12:46:53","modified_gmt":"2026-11-12T12:46:53","slug":"boa-targets-400000-farmers-with-n200bn-dry-season-farming-support-businessday-ng","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/12\/boa-targets-400000-farmers-with-n200bn-dry-season-farming-support-businessday-ng\/","title":{"rendered":"BOA targets 400,000 farmers with N200bn dry-season farming support &#8211; Businessday NG"},"content":{"rendered":"<p>The Bank of Agriculture (BOA) has earmarked N200 billion to finance dry-season farming for 400,000 farmers nationwide, in a fresh intervention aimed at boosting domestic food production, reducing wheat imports and strengthening Nigeria\u2019s food security.\n<\/p>\n<p>The initiative, being implemented in partnership with Flour Mills of Nigeria (FMN), is expected to provide farmers with access to financing, improved seeds, fertilisers, irrigation facilities and other essential agricultural inputs.\n<\/p>\n<p>Abdul-Razaq Datti Saleh, BOA North-West Zonal Manager, disclosed this during the flag-off of the 2026\/2027 dry-season wheat farming programme at Maje village in Taura Local Government Area of Jigawa State.\n<\/p>\n<p><strong>Read also:\u00a0<a href=\"https:\/\/businessday.ng\/agriculture\/article\/abia-begins-screening-farmers-for-n300000-interest-free-loans\/\">Abia begins screening farmers for N300,000 interest-free loans<\/a><\/strong>\n<\/p>\n<p>He said the intervention was designed to expand local wheat production by addressing some of the major constraints facing farmers, particularly limited access to affordable financing and modern agricultural inputs.<\/p>\n<p>Saleh urged beneficiaries to utilise the support effectively to improve productivity and contribute to the development of Nigeria\u2019s wheat industry.\n<\/p>\n<p>The intervention is already recording positive outcomes among participating farmers in Jigawa, with beneficiaries reporting increased yields, improved household incomes and employment opportunities for rural youths.\n<\/p>\n<p>Hajiya Laure Musa, one of the beneficiaries, said the programme introduced her to commercial wheat farming through the provision of agricultural inputs, technical guidance and extension services.\n<\/p>\n<p>She explained that the support enabled her to achieve a successful harvest, repay her agricultural loan and make profits to support her family.\n<\/p>\n<p>Similarly, Rabi\u2019atu Sani, a widow and beneficiary, described the intervention as a major boost to her family\u2019s economic circumstances.<\/p>\n<p>Another male beneficiary said the programme was helping to discourage rural-urban migration by creating opportunities for young people to earn incomes through dry-season farming rather than travelling to cities such as Lagos, Calabar and Port Harcourt in search of seasonal employment.\n<\/p>\n<p>He said the adoption of improved seeds, fertilisers and technical support had significantly raised wheat yields, from between 20 and 25 bags per hectare to between 65 and 70 bags on the same farmland.\n<\/p>\n<p>Tayo Ilori, General Manager of Golden Agro Input, a subsidiary of FMN Agro, said the company was supporting 10,000 farmers across six states under the 2026 dry-season wheat programme.\n<\/p>\n<p><strong>Read also:\u00a0<a href=\"https:\/\/businessday.ng\/life\/article\/food-security-batn-foundation-lagos-govt-reiterate-commitment-to-farmers\/\">Food security: BATN Foundation, Lagos govt reiterate commitment to farmers<\/a><\/strong>\n<\/p>\n<p>He explained that each participating farmer received inputs for one hectare, comprising 100 kilogrammes of wheat seeds, six bags of urea, four bags of NPK fertiliser and chemicals for weed and pest control.<\/p>\n<p>The input package, valued at between N250,000 and N350,000, is provided as a loan repayable in harvested wheat at prevailing market prices.\n<\/p>\n<p>Ilori identified access to improved seeds, quality fertilisers and regular extension services as critical to raising productivity, adding that the company had deployed about 250 lead outgrowers to provide technical guidance to participating farmers.\n<\/p>\n<p>He urged farmers to target seven metric tonnes of wheat per hectare during the 2026\/2027 farming season.\n<\/p>\n<p>Olusegun Falade, Project Director of the programme, said average wheat productivity had increased from less than one tonne per hectare at its inception to about 4.2 tonnes, with some farmers recording yields of up to 7.2 tonnes per hectare.\n<\/p>\n<p>However, he identified poor loan repayment, slow adoption of modern farming practices and land ownership challenges as major obstacles to expanding the programme.<\/p>\n<p>He said repayment performance had improved considerably, rising from about 60 per cent to between 95 and 98 per cent in some cases.\n<\/p>\n<p>Aliyu Ismaila, National Wheat Development Programme Manager at Flour Mills of Nigeria, said the initiative had strengthened Nigeria\u2019s wheat value chain over the past five years.\n<\/p>\n<p><strong>Read also:\u00a0<a href=\"https:\/\/businessday.ng\/agriculture\/article\/fg-eyes-mobile-cng-stations-to-cut-farmers-production-costs\/\">FG eyes mobile CNG stations to cut farmers\u2019 production costs<\/a><\/strong>\n<\/p>\n<p>According to him, average wheat yields increased from 1.2 tonnes per hectare to 4.1 tonnes last year, while the programme is targeting an average of five tonnes per hectare in the 2026 dry-season farming cycle.\n<\/p>\n<p>Ismaila also disclosed that Nigeria\u2019s wheat seed supply had grown from less than 200 metric tonnes to more than 10,000 metric tonnes, sufficient to cultivate over 100,000 hectares.<\/p>\n<p>He said expanding local seed availability and improving farmers\u2019 access to modern production techniques would remain critical to achieving higher domestic wheat output and reducing the country\u2019s dependence on imports.<\/p>\n<div class=\"bday-read-also\">\n<h4>Related News<\/h4>\n<\/p><\/div>\n<div class=\"bday-ad bday-ad--gam\" id=\"bday-ad-2\" data-bday-ad=\"\" data-unit=\"bd-body-2\" data-placement=\"below_share_buttons\" data-partner=\"gam\" data-category=\"display\" data-device=\"all\"><span class=\"bday-ad__label\">Advertisement<\/span><\/div>\n<div class=\"bday-google-badges\">\n\t<a href=\"https:\/\/www.google.com\/preferences\/source?q=businessday.ng\" target=\"_blank\" rel=\"noopener noreferrer\"><br \/>\n\t\t<img decoding=\"async\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/BOA-targets-400000-farmers-with-N200bn-dry-season-farming-support-Businessday-NG.jpg\" alt=\"Add BusinessDay as a preferred source on Google\"\/><br \/>\n\t<\/a><br \/>\n\t<a href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbUoxYzJsdVpYTnpaR0Y1TG01bktBQVAB?hl=en-NG&amp;gl=NG&amp;ceid=NG%3Aen\" target=\"_blank\" rel=\"noopener noreferrer\"><br \/>\n\t\t<img decoding=\"async\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/BOA-targets-400000-farmers-with-N200bn-dry-season-farming-support-Businessday-NG-1.jpg\" alt=\"Follow BusinessDay on Google News\"\/><br \/>\n\t<\/a>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Businessday NG<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Agriculture (BOA) has earmarked N200 billion to finance dry-season farming for 400,000 farmers nationwide, in a fresh intervention aimed at boosting domestic food production, reducing wheat imports&hellip; 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