..targets improved agricultural financing, food security
The Federal Government has inaugurated the Board of Directors for the Bank of Agriculture, with a charge to reposition the institution as the primary vehicle for overhauling agricultural financing and food security initiatives in the country.
Speaking during the inauguration ceremony held in Abuja, Abubakar Kyari, Minister of Agriculture and Food Security, said that members would rebuild the institution into a stronger development finance bank capable of accelerating food security, expanding access to agricultural finance, creating jobs and driving the country’s agricultural transformation under President Bola Ahmed Tinubu’s Renewed Hope Agenda.
He explained that the Bank of Agriculture is the nation’s foremost agricultural development finance institution, established to provide financing for farmers, cooperatives, processors and agribusinesses across the country.
He said, “The work of renewal has already begun; your task is to give it scale and permanence. And from today there is no old guard and no new arrivals: one Board, one management, one institution, one mandate.”
