CBN/ADB AgricBusiness Loan 2022/2023 ( Up To 2million)
Do you want to expand your farm produce? Are you interested in producing cash crops? Do you need a loan with a friendly interest rate? Are you aware that CBN and other Sister partners are helping farmers with FG loans?
To Shed more light on the statement above, this loan is for registered farmers under the SEIFAC and AFJP enumerators program, other registered farmers from cluster heads across the 36 states can also benefit
The Central Bank of Nigeria (CBN) in partnership with the Africa Development Bank (ADB) has launched a friendly Agricultural Loan program, suitable for small and medium-scale farmers
See Apply For FG Grant Form 2022 Disbursed Via CBN & World Bank (N2M)
Up to 2 million nairas will be given to farmers to starts producing crops and rearing animals
To get access to loan, the CBN and ADB focus on nine (9) crops namely, Rice, Maize, Sesame, Cassava, Yam, Groundnuts, Bambaranuts, Sorghum, and Soybean in the States of the Federation and FCT Abuja, to farm in clusters and to leverage on the collective internal economies of scale of cluster dynamics in order to lift themselves out of avoidable poverty
. FG Grant for 2022/2023 Disbursed By CBN/World Bank- Application Form
Smale and Medium-scale farmers who are interested in poultry and rearing of animals for both domestic and foreign consumption will get access to funding with a friendly interest rate
About the CBN/ADB AgricBusiness Loan 2022/2023
To provide to farmers high-quality fertilizers at the right time and in adequate quantities to increase crop productivity.
To make plants energy efficient and continually review various schemes to conserve energy.
Commitment to health, safety, environment, and forestry development to enrich the quality of community life.
Commitment to social responsibilities for a strong social fabric.
To institutionalize core values and create a culture of team building, empowerment, and innovation which would help in the incremental growth of employees and enable achievement of strategic objectives
Foster a culture of trust, openness, and mutual concern to make working, a stimulating and challenging experience for stakeholders.
See CBN Empowerment Program 2021/2022 | NEXIT Loan & Training Update
Building a value-driven organization with an improved and responsive customer focus. A true commitment to transparency, accountability, and integrity in principle and practice.
To acquire, assimilate and adopt reliable, efficient, and cost-effective technologies.
Sourcing quality planting materials for the production of produce at economical cost by entering into Joint Ventures within Nigeria and outside Africa and the wide world.
To ensure growth in core and non-core sectors.
Eligibility And Requirement CBN/ADB Agribusiness Loan 2022/2023
Interested farmers are required to produce the following crops
Legumes (Soybean, Sesame seed, Cowpea, etc.);
Tomato
Livestock (Fish, Poultry, Ruminants)
And any other commodity that will be introduced by the CBN from time to time.
Cereals (Rice, Maize, Wheat, etc.)
Cotton;
Roots and Tubers (Cassava, Potatoes, Yam, Ginger, etc.);
Sugarcane;
Tree crops (Oil palm, Cocoa, Rubber, etc.);
The Farmers should be in groups/cooperative(s) of between 5 and 20 for ease of administration
How To Apply
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