The Federal Government of Nigeria has allocated N132 billion to support farmers and farming activities in 2025, as part of the National Agricultural Development Fund (NADF).
This initiative aims to tackle challenges such as poverty, low productivity, and limited access to resources, which have long hindered agricultural growth in Nigeria.
The NADF, established in 2022, serves as a critical vehicle for financial support and policy implementation.
It outlines nine functions, including supporting agricultural development in all aspects, financing the implementation of agricultural policies, strengthening institutions, and providing on-lending opportunities to farmers and corporate bodies.
With this allocation, the Fund aims to empower farmers by ensuring access to critical resources, such as improved seeds, fertilizers, irrigation systems, and market opportunities. Smallholder farmers, who represent over 80% of Nigeria’s agricultural workforce, will benefit greatly from this initiative.
Experts have commended the initiative but highlighted the risks of fund diversion. Unekwuojo Onuche, an associate professor at the University of Africa, emphasized the need for effective utilization of the funds, transparency, accountability, and timely disbursement.
Joseph Deborah, an agricultural economist, recommended direct registration and empowerment of farmers to mitigate the issue of mismanaged funds.
The N132 billion allocation is expected to address the challenges faced by smallholder farmers through targeted interventions, including grants and subsidies for mechanized equipment, storage facilities, and modern farming tools.
This initiative has the potential to provide significant relief for smallholder farmers, paving the way for sustainable farming practices, increased crop yields, and improved access to markets.
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