The Bank of Agriculture has unveiled a strategic roadmap aimed at modernising its operations, expanding grassroots financial inclusion, and accelerating agricultural transformation in line with the Federal Government’s food security agenda.
The Managing Director and Chief Executive Officer of the bank, Ayodeji Sotinrin, said in a statement issued on Friday that the institution was implementing operational upgrades and forging strategic partnerships to improve the delivery of agricultural intervention programmes and empower smallholder farmers across the country.
According to the statement, the BOA said it was strengthening its agricultural delivery architecture by expanding collaborations with state-level delivery platforms, licensed input suppliers, and international development partners.
The bank said a key component of the strategy was its recently signed Memorandum of Understanding with the United Nations Development Programme, which aligns its revitalisation agenda with the UNDP’s Integrated Smart States Programme.
It noted that the partnership would help transform Nigeria’s agricultural sector into an investment-ready system capable of attracting blended and climate finance while supporting the One Million Hectare Tree Crop Initiative, described as a presidential priority expected to boost commercial agriculture, job creation, and export diversification.
