The Managing Director and Chief Executive Officer of the Bank of Agriculture, Ayo Sotinrin
The Bank of Agriculture has commenced the nationwide distribution of fertilisers, maize seeds and crop protection products to about 500,000 smallholder farmers under the Federal Government’s Renewed Hope Smallholder Support and Value Chain Fund, as part of efforts to boost food security and improve rural livelihoods.
The intervention, which targets farmers across more than 20 states, is expected to support the cultivation of about 520,000 hectares of farmland and generate an estimated 2.6 million tonnes of additional food for the country.
The initiative was disclosed by the Managing Director and Chief Executive Officer of the Bank of Agriculture, Ayo Sotinrin, during the flag-off of the distribution exercise in Dutse, the Jigawa State capital. He was represented at the event by the bank’s Divisional Head of Finance and Strategy, Osho Adekunle, according to a statement issued on Sunday by the bank’s Head of Operations Lead, Office of the Managing Director/Chief Executive Officer, Adam Mohammed.
Sotinrin said the intervention forms part of a nationwide agricultural support programme designed to strengthen the country’s food production capacity.
