In a bold move to boost agricultural productivity and strengthen food security, the Nigerian government has launched a ₦50 billion Presidential Catalytic Seed Fund alongside a series of major reforms aimed at revitalizing the nation’s seed industry.
The initiative, unveiled under the Seeds for Renewed Hope Programme (S‑RHP) and the new National Seed System Strategy, seeks to address critical gaps in the production and distribution of high-quality seeds across Nigeria. The fund will provide concessional financing to early-generation seed producers and small-to-medium seed enterprises, making high-yielding and climate-resilient seeds more accessible to farmers nationwide.
Speaking at the launch, government officials emphasized that quality seeds are the “first technology” in agriculture, crucial for improving crop yields and ensuring food security. The programme is expected to increase Nigeria’s annual seed requirement for staple crops by 10 percent between 2025 and 2027, reducing import dependency and strengthening local food production.
Analysts note that this initiative marks a significant step toward long-term structural reforms in Nigeria’s agricultural sector. By improving seed availability and quality, the government aims to raise farm productivity, stabilize food supply, and potentially reduce food prices for consumers.
This seed fund complements earlier agricultural initiatives, including large-scale credit facilities and mechanization programs, reflecting a comprehensive strategy to modernize Nigeria’s farming sector and enhance resilience against climate and market challenges. Visit www.jocomms.com for more news.
