President Bola Ahmed Tinubu has announced the launch of a massive financing programme aimed at doubling Nigeria’s annual grain production to 25 million tonnes as part of the Federal Government’s drive to strengthen food security and boost agricultural productivity.

The initiative is designed to expand access to financing for farmers, increase agricultural output and improve the country’s capacity to meet rising food demand while reducing dependence on imports.

President Tinubu said the programme forms part of his administration’s broader strategy to transform the agricultural sector through increased investment, modern farming practices and enhanced support for farmers across the country.

The President noted that boosting grain production would contribute to stabilising food prices, creating jobs, improving rural livelihoods and strengthening Nigeria’s economic resilience.

The financing programme aligns with the administration’s commitment to achieving sustainable food security, promoting inclusive economic growth and ensuring greater prosperity for Nigerians through increased agricultural productivity.