Federal Government grants five million farmers fertiliser subsidy

Five million smallholder farmers are to get fertiliser subsidy from the Federal Government, the Minister of Agriculture and Rural Development, Sabo Nanono, and the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced on Monday.

Both ministers spoke in Abuja at the consultative meeting with stakeholders on the development of template for the administering of subsidy to smallholder farmers on sustainable basis.

Nanono stated that to support the teeming smallholder farmers across the country, the President, Major General Muhammadu Buhari (retd.), approved that an implementation template be developed through consultative engagement.

He said the template was being developed with relevant stakeholders on the best way of administering fertiliser subsidy to farmers nationwide on sustainable basis.

Nanono said, “Preparatory to the provision of the subsidy support, I wish to inform you that the Federal Ministry of Agriculture and Rural Development has registered and developed the database of the smallholder farmers for easy targeting with the fertiliser subsidy support.

“So far about five million farmers and their farms have been registered with biometrics including farm GIS coordinates.”

On her part, Ahmed said both ministries through engagement with state governments and relevant stakeholders would develop the template for administering fertiliser subsidy to the smallholder farmers.


She said, “Please note that our goal is not simply to transfer subsidies to farmers. No, our design principle is to reward behaviour such as purchase of fertiliser by data-identified smallholder farmers as opposed to simply wire monies to anyone who claims to be smallholder farmers or subsidising large-scale farmers.”

The finance minister, who’s speech was read at the event, then urged participants to deliberate on how to deliver smart subsidies on need basis linked to the exact land holding of the farmer as verified by farmer-farm data.

“The subsidy can be delivered as a voucher and we can leverage technology to match farmer requests to their land holdings,” Ahmed stated.


This, she said, meant that monies for subsidies could continue to be domiciled in government accounts and periodically settlement operations would occur for pre-qualified beneficiary farmers.


SHARE YOUR STORY WITH US – SEND US A MAIL: intelregion.com@gmail.com

Receive Latest Updates on: WhatsApp: iR News Room, Facebook: Intel Region, Twitter: @intelregion, Instagram: @intelregion Telegram: iR News Room


- Advertisement -