The Federal Government says it is determined to revolutionise the agriculture sector with the recapitalisation of the Bank of Agriculture with N1.5 trillion.
The Minister of Information and National Orientation, Alhaji Mohammed Idris, stated this at the World Press Conference on Monday in Abuja.
According to Idris, the administration of President Bola Tinubu has left no stone unturned in ensuring that all sectors of the country benefit from the Renewed Hope Agenda.
“President Tinubu has also established the Federal Ministry of Livestock Development to harness our underutilised potential and transform Nigeria’s livestock sector into a sustainable and globally competitive industry.
“In addition, to spur agricultural production, the Bank of Agriculture has been recapitalised to the tune of N1.5 trillion and is regarded as the most significant boost to agricultural financing in Nigeria.
“This is the reason why the theme of the 65th Independence Anniversary celebration ‘All Hands-on Deck’ message is apt and timely,” he said.
According to the minister, henceforth, no tier of government has any excuse not to fully pull its weight in this collective task of comprehensive economic growth and development.
