FG and BOA Sign MoU to Empower Women Farmers
The Federal Ministry of Women Affairs and Social Development and the Bank of Agriculture (BOA) signed a Memorandum of Understanding (MoU) to improve access to affordable agricultural finance and resources for women farmers under the Renewed Hope Women Agro-Value Expansion (RH-WAVE) Programme. Hajiya Imaan Sulaiman-Ibrahim, the Honourable Minister of Women Affairs and Social Development, stated that this partnership addresses the exclusion of women from formal agricultural finance.
The initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which focuses on inclusive economic growth. The RH-WAVE Programme aims to transition women from subsistence farming to structured agribusinesses.
Key interventions include affordable input financing with loans below 10% interest, establishment of women-led agricultural hubs, and guaranteed market access for women farmers. The initiative targets reaching at least three million women across Nigeria's six geopolitical zones within three to five years, starting in states such as Plateau, Kaduna, and Kano.
Plus234Feed summary based on reporting from Federal Ministry of Information. Read the original report below.
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