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Home Agriculture

FG Offers Start-Up Capital for Youths in Agribusiness

by NatureNews
January 26, 2021
in Agriculture
Reading Time: 2 mins read
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FG Offers Start-Up Capital for Youths in Agribusiness
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Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono, has said that the participants at the ongoing Naija farmers’ reality show will be offered an initial capital to start Agribusiness.

Nanono also tasked Nigerian youths to lead the revolution in the agricultural sector, adding that with a population of about 200 million Nigerians, of which 60% are youths, they need to be empowered in the drive towards achieving food sufficiency and also to boost the nation’s economy.

The Minister made this known during a working visit to the participants of the Naija Farmer Reality TV show, at the Agricultural and Rural Management Training Institute (ARMTI), Abuja at the weekend.

Nanono noted that the participants are being trained in the various Agricultural value chains and would be offered an initial capital to start Agribusiness.

He said, “they will be role models to other young Nigerians as they will find it interesting to invest their time and energy in the agricultural sector.’’

The 3-Months Reality show formally came to a close on Sunday 24th January 2021. The Minister emphasised that the TV Reality Show for young intended Farmers is in line with Mr. President’s pledge to lift Nigerians out of poverty in 10 years by creating more jobs, achieve food security and enhance economic growth in Nigeria.

The Director, Federal Department of Agriculture, Mrs. Karima Babangida said while giving her remarks, said that the Programme which has been running for about 3- months now is a youth empowerment project intended to transform unemployed Nigerian youths to become Agribusiness Investors.

Tags: Agribusiness

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