The Federal Government of Nigeria has announced plans to withdraw subsidy for fertilizer procurement in the country this was announced by Minister of Agriculture and Rural Development, Mr Audu Ogbeh.
Speaking in Abuja, Ogbeh said FG’s decision would ensure the availability of fertiliser to farmers.
He added that plans are on ground to ensure that farmers access loans at single digit rates to meet the growing demands for agricultural produce.
The Director of USAID Nigeria, Michael Harvey, and Director of IFDC West and North African Division, Robert Groot, also suggested increased lending to farmers.
They called on the government to ensure that members of the private sector were involved in the distribution of fertiliser.