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Acquisition of 2,000 agricultural tractors in Nigeria: NADF signs an agreement with AGCOMS International Trading Limited

16/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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In a press release published on Friday, January 10 on NADF page X, it is announced the signing of an agreement between the National Fund for Agricultural Development (NADF) and the company AGCOMS International Trading Limited, a supplier of agricultural machinery in Nigeria.

The agricultural sector in Nigeria contributes 24% to GDP. The agreement signed will allow the acquisition of 2,000 agricultural tractors produced by the American firm John Deere. According to information, this operation involves an investment of $70 million. ' According to Abubakar Kyari, Minister of Agriculture ' and Food Security, “This is one of the of the four mechanization programs established under the administration of President Bola Ahmed Tinubu. We want to get a high yield and see an increase in our agricultural crops ”. For his part, the director general of NADF, Mohammed Ibrahim said that this equipment should be deployed for the benefit of farmers between the first and second quarters of 2025

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Pour rappel, cette initiative s' inscrit dans le cadre d' une stratégie du gouvernement qui souhaite déployer 10 000 tracteurs & nbsp; to strengthen agricultural mechanization in the country over the next 5 years

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