BoA partners Osho Foundation to boost women, youth participation in agriculture
The Bank of Agriculture (BoA) on Thursday in Kaduna signed a Memorandum of Understanding (MoU) with Sidi Osho Foundation to promote women and youth innovation in Agriculture.
The Acting Managing Director of the Bank, Mr Babatunde Igun, said that the collaboration would create links for effective service delivery in the agriculture sector.
“The Bank of Agriculture is a development finance institution established by the federal government to provide Micro and Macro Loan facilities to individuals, Cooperatives groups, Corporate bodies, government institutions and agencies for Agricultural, agro-allied, micro trading and manufacturing purposes.
” Sidi Osho Foundation is a non- profit organization dedicated to promoting poverty alleviation and contributing to the growth and development of youth, women and under represented groups,” Igun said.
Igun expressed hope that the partnership would address challenges of food security, women and youth unemployment, and enhance wealth creation, entrepreneurship and sustainable livelihood.
According to him, under the partnership women and youth groups would be organised to fully engage in agricultural business and entrepreneurship.
The managing director stressed that the bank was open to collaboration with strategic interest groups and organizations to deliver agricultural and entrepreneurship finances for youth and women.
Earlier, Prof. Sidi Osho, President of the foundation said the focus was on the agricultural value chain covering production, processing and marketing.
Osho said that the aim was to transform agriculture and food security through integrated farming approach in the six geopolitical zones.
She said those engaged would be guided to adopt sustainable agriculture production system using technologies and modern services, as well as open up markets at local and international levels.
” The objective of the project is to enhance food security, increase the income and economic empowerment of women and youth though the participation in the agricultural food value chain, using the PPP model in Nigeria.”
NAN reports that Sidi Osho Foundation is a non profit and non faith social enterprise organization established in 2014 to promote human development and alleviate poverty in Africa.