FG Launches FarmerMoni Programme, 22,000 Farmers to Benefit
The Federal Government has announced that no fewer than 22,000 farmers across Nigeria will benefit from interest-free loans under the FarmerMoni Dry and Wet Season Programme. The initiative, implemented through the National Social Investment Programme Agency (NSIPA), was unveiled during the inauguration of the Renewed Hope GEEP 3.0 and the FarmerMoni Technical Working Group in Abuja on Wednesday. Speaking at the event, the National Programme Manager of the Government Enterprise and Empowerment Programme (GEEP) under NSIPA, Mr. Hamza Baba, said the loan scheme is both interest-free and collateral-free, aimed at boosting agricultural productivity nationwide. According to him, the application portal has been opened for eligible farmers to register and access the facility. “Under this scheme, eligible farmers can register through our portal to access the loans. These loans are interest-free and collateral-free,” Baba said. He disclosed that each beneficiary would receive up to N300,000, with the amount determined based on the economic production capacity of specific farming activities. Read Also: Why Gobirawa’s Centuries-Old Agrarian Life is at Risk in Kano Nigeria Must Integrate Innovation, Policy, and Research for Growth — Bindir Pantami, Bugaje Call for Skills Reform, Energy Solutions at BUK Engineering Conference “We are targeting vulnerable and poor farmers at the grassroots. The total sum per beneficiary is N300,000,” he added. Baba explained that to qualify, applicants must be Nigerian citizens aged 18 and above, already engaged in farming activities either through land ownership or rented farmland. “They must have a bank account, National Identification Number (NIN), municipal identification, and belong to a registered farming cooperative or association within their local government,” he stated. The programme will cover all 774 local government areas in the country, with an average of 28 farmers expected to benefit per local government in this phase. “At the state level, our programme managers will work with enumerators, banks, FinTech recovery agents, agricultural development projects and farmer associations across the 37 states of the federation,” Baba explained. He noted that a similar intervention, TraderMoni, is designed to support artisans and petty traders under the broader GEEP framework. Also speaking, the Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, described the launch of Renewed Hope GEEP 3.0 as more than the unveiling of policy initiatives. According to him, the programme reflects the administration’s commitment to translating its vision into concrete actions aimed at improving lives, restoring dignity and expanding economic opportunities for Nigerians, particularly the vulnerable. “The Renewed Hope Agenda of President Bola Tinubu is anchored on inclusion, resilience and shared prosperity. It is a commitment to ensure that growth is broad-based and people-centred,” the minister said. He added that the FarmerMoni Dry and Wet Season Programme is a strategic intervention to strengthen agricultural productivity throughout both planting cycles, reduce seasonal vulnerabilities, enhance yield and contribute to national food security. “Our farmers remain the backbone of the Nigerian economy. Supporting them is not only an economic necessity but also a moral obligation,” he said, reiterating that the overarching goal of the initiatives is poverty reduction through empowerment. (NAN)


















