FG Promises Interest-Free Loans to Nigerian Farmers – Apply Now
The Federal Government of Nigeria has promised interest-free loans for small-scale farmers across Nigeria as part of its administration’s efforts to strengthen agricultural productivity, improve food security and expand access to affordable financing.
The President made the promise on Tuesday, November 10, 2026, during his visit to Jigawa State, where he commissioned 400 tractors and other agricultural equipment acquired by the state government to promote mechanised farming.
Speaking at the Dutse Township Stadium during an All Progressives Congress (APC) rally, Tinubu assured farmers that his administration would introduce financing opportunities to support small-scale agricultural producers.
“We will reward small-scale farmers. Interest-free loans for farmers are coming. Prosperity is coming. Food security will happen,” the President declared.
The proposed financing initiative is expected to address some of the major challenges facing smallholder farmers, particularly limited access to affordable credit, rising agricultural input costs and inadequate farming equipment.
However, the Federal Government has not yet announced the commencement date, eligibility requirements, loan amounts, application procedures or financial institutions responsible for administering the proposed scheme.
Tinubu Commissions 400 Tractors and Other Agricultural Equipment
During the visit, President Tinubu also inaugurated an agricultural mechanisation programme established by the Jigawa State Government under Governor Umar Namadi.
The initiative comprises 400 tractors, 60 combine harvesters, 150 boom sprayers and 150 seeders, alongside other agricultural equipment designed to improve farming efficiency and increase agricultural production.
The equipment is expected to support farmers across the state by reducing dependence on manual labour, improving access to modern farming technology and facilitating large-scale agricultural operations.
The mechanisation programme is part of the Jigawa State Government’s broader strategy to strengthen food production, improve agricultural value chains and position the state as a major contributor to Nigeria’s food security objectives.
The President also commissioned the Bola Ahmed Tinubu Multipurpose Skills Acquisition Centre and the Renewed Hope Technical Services Centre. He further inaugurated a road project in Dutse.
FG Reaffirms Commitment to Agricultural Development
Tinubu reiterated his administration’s commitment to investing in agriculture through improved financing, mechanisation and irrigation infrastructure.
He maintained that increasing support for small-scale farmers would contribute to higher agricultural output, strengthen rural economies and make food more affordable for Nigerians.
The President also defended his administration’s decision to remove the petrol subsidy, arguing that the resources saved from the policy have created opportunities for investments in infrastructure and other critical sectors.
According to him, the government remains committed to ensuring that all regions of the country benefit from ongoing development initiatives.
What Farmers Should Know About the Proposed Interest-Free Loans
The announcement presents a potential opportunity for small-scale farmers, agricultural entrepreneurs and other stakeholders in Nigeria’s farming sector who require affordable financing to expand their operations.
However, it is important to note that the interest-free loan initiative is currently a presidential pledge. The Federal Government has not released an official application portal or detailed guidelines for accessing the proposed facility.
Farmers are therefore advised to monitor announcements from the Federal Ministry of Agriculture and Food Security and other relevant government agencies for further information about the programme.
Once the implementation framework is announced, details concerning eligibility, loan limits, application procedures and disbursement arrangements are expected to provide clearer guidance for interested beneficiaries.
