Minna, March 12, 2024 – The Federal Government has secured a 995 million Euro deal with the Brazilian Government and the German Deutsch Bank Group to finance a Green Imperative programme in Nigeria.
Sen. Abubakar Kyari, the Minister of Agriculture and Food Security, said this in Minna, Niger State, on Monday.
According to the minister, the programme is aimed at creating agriculture mechanization hubs in each of the 774 local government areas in Nigeria as part of its implementation plan.
“A memorandum of understanding between the Federal Government and the John Deer Group, a subsidiary of Tata Equipment, was signed.
“The manufacturer has signed to deliver 10,000 units of tractors and implement in tranches of 2,000 units per annum for the next five years.
“The Greener Hope Initiative is another veritable platform the federal government is deploying to ultimately change the deficit narrative in the Nigerian agricultural mechanization space,’’ he said. (GBN)
