Food security: FG offers 40 tertiary institutions N2bn each

The Federal Government has announced plans to provide up to N2bn each in financing to 40 tertiary institutions to establish commercial farms, as part of efforts to boost food production, create employment, and reduce dependence on government funding by universities and other higher institutions. The Minister of Education, Dr Tunji Alausa, disclosed this during a meeting with heads of the selected institutions and the management of the Bank of Agriculture to discuss the implementation of the Renewed Hope Tertiary Agricultural and Entrepreneurship Programme.

The initiative aims to mobilise more than 500,000 hectares of underutilised land across tertiary institutions for commercial agricultural production, research, and enterprise development, with participating universities, polytechnics, and colleges of education expected to provide approximately 1,000 hectares each.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.