The Federal Government, through the Bank of Agriculture, is calling for applications for the Renewed Hope National Agricultural Mechanization Programme.
RHAMP, unveiled in collaboration with Heifer Nigeria, aims to bolster Nigeria’s food security by empowering a new generation of mechanization service providers, with a special focus on women, youth, and mechanization companies.
The application is free and currently ongoing, according to a flyer posted by Special Assistant to President Bola Ahmed Tinubu on Social Media, Dada Olusegun, on Thursday.
The initiative offers access to affordable tractors and implements, supported by a comprehensive 3-year servicing plan at verified service centers or mobile hubs.
Applicants can benefit from flexible repayment options linked to usage and income generation, as well as program benefits including technical support and digital tracking via IoT technology.
Applications are open to women and youth agripreneurs between the ages of 18 and 35, as well as mechanization companies looking to expand their fleet.RHAMP features competitive terms such as 3-5 year lease options, 15 per cent interest rates, 25 per cent down payment and special conditions tailored for women and youth.
The programme represents a significant step toward modernizing Nigeria’s agricultural systems and enhancing rural livelihoods.
Newsmen had reported in June that President Tinubu unveiled the distribution of 2,000 tractors and thousands of farming implements under the RHAMP.
Speaking during the unveiling, President Tinubu reaffirmed his administration’s commitment to delivering on its promises and building a sustainable agricultural future for the country.
“Today, we take a monumental leap forward with the introduction of the state-of-the-art tractors through our new agricultural mechanization programme. We are very proud of what we are doing,” the President declared.
He noted that the first phase of the initiative includes the deployment of over 2,000 advanced tractors, 50 industrial-grade land preparation bulldozers, 12 fully equipped mobile workshops, and over 8,000 specialized farming implements.
Punch/Ibrahim Abiodun
