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ActionAid, women farmers call for urgent completion of BOA recapitalisation

Gbemi Banks by Gbemi Banks
November 29, 2022
in Agriculture, News
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ActionAid Nigeria (AAN) and Small-Scale Women Farmers Organization of Nigeria (SWOFON) have called on President Muhammadu Buhari to urgently complete the recapitalization of Bank of Agriculture (BOA).

The organizations said such measure would enable smallholder farmers, especially youths and women with disabilities, to have access to easy and cheap credit.

They made the call in a statement made available to the newsmen in Abuja by Ene Obi, ActionAid Nigeria Country Director.

According to the organizations, recapitalization of the bank will also boost food production and generate revenue for the country.

BOA, as a development financial institution in the agriculture sector, is to provide agriculture and rural financing for smallholder farmers.

Dr. Mohammad Abubakar, Minister of Agriculture and Rural Development, recently said the plan would boost nutrition and food security.

He said it would also increase local farmers’ income and create more jobs for Nigerian farmers.

He further said that it would simulate improvement in the lives and growth across the farming communities.

In reference to the 2023 Budget, AAN and SWOFON pleaded with the Federal Government to make the budget gender responsive.

They said this would be achieved by providing additional line items for implementation of the National Gender Policy on Agriculture.

According to the statement, the gender policy addresses specific challenges that affect women farmers different from men and avoids lumping up budget for women farmers and other groups such as youths.

“There is a need to incorporate more smallholder women farmers in budget planning discussion at national levels.

“Women need to be brought side by side their male counterparts in the discussion and planning of agricultural policies, budgets and implementation.

Tags: AANEne ObiSWOFON
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.