FG launches subsidised scheme to strengthen wheat production, enhance food security

Abdullateef Fowewe

The Federal Ministry of Finance set to implement the National Agricultural Growth Scheme and Agro Pocket to improve wheat production across 16 states in Nigeria.

The initiative targets 280,000 smallholder and medium-scale farmers, offering significant subsidies on seeds and fertilizers.

This was disclosed in a statement shared by the Ministry of Finance on Friday.

With 409 redemption centers established, the program aims to distribute inputs in line with the planting calendar.

It reads, “The Federal Ministry of Finance is advancing Nigeria’s wheat production through the National Agricultural Growth Scheme and Agro Pocket (NAGS-AP). The initiative spans 16 wheat-producing states, aiming to enhance agricultural productivity and boost economic growth.

“During a briefing with the Honourable Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun at the Federal Ministry of Finance Head Quarters on Tuesday morning, National Project Coordinator Ishaku Buba disclosed that the scheme is targeting 280,000 smallholder farmers and a select group of medium-scale farmers in selected clusters.

“Participants are required to contribute resources to cover inputs for one hectare of irrigated land. Fertilizer packages vary, with farmers in most states receiving 50kg of urea and 100kg of NPK fertilizer, while farmers in Jigawa State receive increased inputs due to its soil nutrient demands and a commitment of the Jigawa State Government to boost wheat production.”

The remark confirmed that the project provides significant financial support, including 25% subsidies on certified wheat seeds and 50% subsidies on fertilizers, reducing costs for participating farmers.

“To facilitate distribution, 409 redemption centres have been established, with 281 already operational, reaching 68,389 farmers—24.42% of the target.

“The program is expected to conclude its input distribution phase later this month, aligning with the wheat planting calendar. Enhanced security measures have been enacted, with personnel from the Police, DSS, and NSCDC in place at redemption centres to ensure smooth operations,” it added.

However, Edun highlighted the scheme’s potential to strengthen food security and reduce reliance on wheat imports, while enhanced security measures ensure smooth operations at distribution points.