Application Deadline
November 10, 2025
The Bank of Agriculture (BOA) in partnership with Heifer International has launched the National Agricultural Mechanization Program (NAMP), aimed at empowering youth and women agripreneurs. BOA and Heifer Nigeria have co-developed a framework to sustainably finance and manage the 2,000 tractors procured by the Federal Government of Nigeria, through a Pay-As-You-Go model. Key Highlights Funding for 2,000 tractors and 9,000 implements nationwide Open to youth and women in agribusiness Supported by BOA & Heifer International Deadline: November 10, 2025 Program Benefits Preventive maintenance and technical support through mechanization hubs Digital tracking via IoT technology Flexible repayment linked to usage and income generation Eligible Participants Women in Mechanization Youth in Mechanization (Ages 18-35) Mechanization Companies Lease Features/Conditions 3-5 Years Lease Terms 15% Interest Rate 25% Down Payment Special Terms/Conditions for Women & Youth Applicants will be selected based on satisfaction of specific criteria detailed in the application form. Succesful applicants will be notified via email and/or SMS. APPLY NOW
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Category
grant
Type
online
Organization / Source
opportunitieshub.ng
Posted
November 5, 2025