NADF to Scale Up Agric Financing in 2025

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National Agricultural Development Fund (NADF), says its focus in 2025 would be  scaling up agricultural financing and enhancing seed production systems.

The Executive Secretary/CEO of the agency, Mohammed Abu Ibrahim, stated this when he appeared before the Joint Committee of the National Assembly, to defend the Fund’s budget estimates for the 2025 fiscal year.

He said another strategic priority area of the Fund for 2025 is improving rural infrastructure to bolster food security and economic growth.

Mohammed Abu Ibrahim also highlighted key achievements from 2024, including improved partnerships with stakeholders, successful implementation of several flagship projects especially the Ginger Recovery Advancement and Transformation for Economic Empowerment (GRATE) project.

The lawmakers commended the NADF for its significant strides in 2024, particularly in facilitating sustainable agricultural development across the country. They underscored the importance of increasing support for the Fund to accelerate its initiatives and ensure the timely disbursement of seed capital, which is critical for advancing the nation’s agricultural sector.

They reaffirmed their commitment to working closely with the NADF to achieve shared goals of enhancing the food security agenda of President Tinubu administration.

The session was chaired by Senator Saliu Mustapha and Hon. Bello Kaoje.

 

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