FG rolls out Initiative to Boost Wheat Production with Subsidized Agricultural Support

In a bid to enhance local wheat production and reduce Nigeria’s dependency on imported wheat, the Federal Government has launched the National Agricultural Growth Scheme and Agro Pocket (NAGS-AP).
The initiative, spearheaded by the Ministry of Finance, aims to strengthen the nation’s food security and promote sustainable agricultural development.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, announced the launch of the program in his office in Abuja on Friday, highlighting its significant role in driving economic growth and improving agricultural productivity.
Director of Information and Public Relations, Mohammed Manga in a statement indicated that the scheme’s target is 280,000 smallholder farmers across 16 wheat-producing states.
Explaining further, the Statement pointed out that It is designed to provide vital financial support through subsidies on inputs, which include, 25% subsidy on certified wheat seed and 50% Subsidy on fertilizers, aimed at reducing the financial burden on farmers
To ensure the success of the initiative, the statement said farmers are expected to contribute resources for one hectare of irrigated land.
“In most states, farmers will receive 50kg of Urea and 100kg of NPK fertilizers. However, in Jigawa State, the subsidy package will be enhanced due to the state’s soil requirements and commitment to boosting wheat output.
“The program is already operational, with 409 redemption centres established, 281 of which are fully functional. As of now, 68,389 farmers have benefitted from the initiative, representing 24.42% of the targeted beneficiaries.
“The input distribution phase will conclude later this month, in line with the wheat planting season.
“To ensure smooth distribution, security measures have been put in place with personnel from the Police, DSS, and NSCDC stationed at redemption centres across the country.”
In his closing remarks, Edun commended the project team for their hard work and dedication, emphasizing that the initiative would bolster food security, support rural economies, and reduce Nigeria’s reliance on wheat imports.

“This scheme represents a monumental step toward transforming Nigeria’s agricultural landscape, empowering farmers, and ensuring the country’s food security. We are confident that this initiative will drive long-term economic benefits,” said Edun.

With this innovative initiative, Nigeria is poised to increase its domestic wheat production, reducing imports and fostering a more prosperous, food-secure future.