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FG inaugurates $1bn National Agric Mechanisation Committee
The Minister of Agriculture and Rural Development, Sabo Nanono, on Friday in Abuja inaugurated an 18-member committee for implementation of Federal Government’s Agriculture mechanisation programme called The Green Imperative Programme (GIP).
The programme, which is estimated at $1.1 billion, is to be funded by the Brazilian Government through a loan from the Deutsche Bank (DB), Development Bank of Brazil and Islamic Development Bank.
The loan is expected to be repaid at three per cent interest rate over a period of 15 years for Development Bank of Brazil and seven years including two years moratorium for the DB.
The programme is expected to benefit 100,000 young people directly and five million indirectly.
This is designed to enable Nigeria acquire 10,000 units of tractors and 50,000 units of assorted implement and equipment for assembly in Nigeria.
It is also meant to ensure training of project beneficiaries for over 10 years and establishment of 780 service centres to assist small holder farmers prepare the soil, cultivate and harvest farm produce.
GIP is further designed to enhance agricultural mechanization specialized extension services and agro-processing in the 774 local government areas and the six area councils in the Federal Capital Territory (FCT).
Nanono, who is the Chairman of the committee, said the programme was timely in view of the need to feed the Nigerian population estimated at 200 million as well as other African countries that rely on Nigeria.
“The programme would be private sector driven, government would only create the enabling environment and offer assistance where necessary,’’ the minister said.
He advised small agro allied companies and agricultural cooperative societies to take advantage of the opportunity created by government to be part of the agricultural revolution by investing in it.
According to Nanono, Nigeria feeding itself and others is an enormous task that GIP is meant to address, saying, “of estimated 65 per cent arable land in Africa, Nigeria accounts for over 30 per cent’’.
He, however, lamented that in spite of large land mass, running into over 84 million hectares, only 34 million hectares were being cultivated, saying “it is not hectare coverage but yield per hectare that is the challenge.’’
“Findings reveal that we have only 7000 functional tractors in this country. We have only seven tractors by 100 square kilometres.
“Compare that with Kenya that has 27 tractors by 100 square kilometres. The standard is 127 per square kilometres. So you can imagine the task before us.
“All these noise about this project we are launching today is aimed at only 10,000 tractors.
“ So to even catch up with Kenya, we need to have 60,000 tractors, you can imagine the task before us,’’ he said.
Nanono expressed optimism that the programme, which would have service centres in 632 local government areas and 140 processing centres, would achieve its mandate in view of the dire need to boost production in the country.
“Agricultural mechanization must be a top priority in Nigeria, whether government or private sector, because without mechanization, there is no way we can feed about 200 million people and get surplus for agro allied industries.
“I think this is going to be one of the most important agricultural projects ever embarked upon by governments in Nigeria.
“It is revolutionary and will engage many people. Government is committed to the success of the project, which discussion has been on for the past five years,’’ he said.
The minister charged all stakeholders to play their parts effectively for the success of the programme.
The Permanent Secretary in the ministry, Dr Abdulkadir Muazu, commended the initiative.
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NELFUND: The Renewed Hope Engine Propelling Nigeria’s Youth into Tomorrow
By Dayo Israel, National Youth Leader, APC
As the National Youth Leader of the All Progressives Congress, I have spent most of my tenure fighting for a Nigeria where every young person, regardless of their ward or local government, family income, or circumstance, can chase dreams without the chains of financial despair.
Today, that fight feels like victory, thanks to the Nigerian Education Loan Fund (NELFUND). Launched as a cornerstone of President Bola Ahmed Tinubu’s Renewed Hope Agenda, this initiative isn’t just a policy tweak; it’s a revolution. And under the steady, visionary hand of Managing Director Akintunde Sawyerr, NELFUND has transformed from a bold promise into a roaring engine of opportunity, disbursing over ₦116 billion to more than 396,000 students and shattering barriers for over a million applicants.
Let’s be clear: NELFUND was always destined to be a game-changer. Signed into law by President Tinubu on April 3, 2024, it repealed the outdated 2023 Student Loan Act, replacing it with a modern, inclusive framework that covers tuition, upkeep allowances, and even vocational training—ensuring no Nigerian youth is left on the sidelines of progress.
But what elevates it from groundbreaking to generational? Leadership. Enter Akintunde Sawyerr, the diplomat-turned-executioner whose career reads like a blueprint for results-driven governance. From co-founding the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN) in 2012—backed by icons like former President Olusegun Obasanjo and Dr. Akinwumi Adesina—to steering global logistics at DHL across 21 countries, Sawyerr brings a rare alchemy: strategic foresight fused with unyielding accountability.
As NELFUND’s pioneer MD, he’s turned a fledgling fund into a finely tuned machine, processing over 1 million applications since May 2024 and disbursing ₦116 billion—₦61.33 billion in institutional fees and ₦46.35 billion in upkeep—to students in 231 tertiary institutions nationwide. That’s not bureaucracy; that’s brilliance.
Sawyerr’s touch is everywhere in NELFUND’s ascent. Since the portal’s launch, he’s overseen a digital ecosystem that’s as transparent as it is efficient—seamless verification, BVN-linked tracking, and real-time dashboards that have quashed misinformation and built trust. In just 18 months, the fund has empowered 396,252 students with interest-free loans, many first-generation learners who might otherwise have dropped out.
Sensitization drives in places like Ekiti and Ogun have spiked applications — 12,000 in a single day in one instance, while expansions to vocational centers in Enugu pilot the next wave of skills-based funding. And amid challenges like data mismatches and fee hikes, Sawyerr’s team has iterated relentlessly: aligning disbursements with academic calendars, resuming backlogged upkeep payments for over 3,600 students, and even probing institutional compliance to safeguard every kobo. This isn’t management; it’s mastery—a man who doesn’t just lead but launches futures.
Yet, none of this happens in a vacuum. President Tinubu’s alliance with trailblazers like Sawyerr is the secret sauce securing Nigeria’s tomorrow. The President’s Renewed Hope Agenda isn’t rhetoric; it’s resources—₦100 billion seed capital channeled into a system that prioritizes equity over elitism. Together, they’ve forged a partnership where vision meets velocity: Tinubu’s bold repeal of barriers meets Sawyerr’s boots-on-the-ground execution, turning abstract policy into tangible triumphs. It’s a synergy that’s non-discriminatory by design—Christians, Muslims, every tribe and tongue united in access—fostering national cohesion through classrooms, not courtrooms.
As Sawyerr himself notes, this is “visionary leadership” in action, where the President’s political will ignites reforms that ripple across generations.
Why does this matter to us, Nigeria’s youth? Because NELFUND isn’t handing out handouts—it’s handing out horizons. In a country where 53% of us grapple with unemployment, these loans aren’t just funds; they’re fuel for innovation, entrepreneurship, and endurance.
Picture it: A first-generation polytechnic student in Maiduguri, once sidelined by fees, now graduates debt-free (repayments start two years post-NYSC, employer-deducted for ease) and launches a tech startup. Or a vocational trainee in Enugu, equipped with skills funding, revolutionizing local agriculture. This is quality education that endures—not fleeting certificates, but lifelong launchpads. Sawyerr’s focus on human-centered design ensures loans cover not just books, but bread—upkeep stipends of ₦20,000 monthly keeping hunger at bay so minds can soar. Under his watch, NELFUND has debunked doubts, refuted fraud claims, and delivered results that scream sustainability: Over ₦99.5 billion to 510,000 students by September, with 228 institutions on board.
As youth leaders, we see NELFUND for what it is: A covenant with our future. President Tinubu and MD Sawyerr aren’t just allies; they’re architects of an educated, empowered Nigeria—one where poverty’s grip loosens with every approved application, and innovation blooms from every funded desk. This isn’t charity; it’s an investment in the 70 million of us who will lead tomorrow.
We’ve crossed one million applications not because of luck, but leadership—a duo that’s turning “access denied” into “future unlocked.”
To President Tinubu: Thank you for daring to dream big and backing it with action.
To Akintunde Sawyerr: You’re the executor we needed, proving that one steady hand can steady a nation.
And to every Nigerian youth: Apply. Graduate. Conquer.
Because with NELFUND, your generation isn’t just surviving—it’s thriving, enduring, and eternal.
The Renewed Hope isn’t a slogan; it’s our story, now written in scholarships and success. Let’s keep turning the page.
Dayo Israel is the National Youth Leader of the All Progressives Congress (APC).
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