In a move to cushion the effect of subsidy removal and boost food security, the Government of Imo State has announced a groundbreaking initiative. A generous sum of N5 billion has been set aside as soft loans, aimed at providing enhanced financial accessibility to farmers.

This strategic loan facility seeks to incentivize agricultural production and ensure a robust food security system within the state.
The loan facility is designed to address the challenges faced by farmers in securing funds at reasonable interest rates, which often hinder their productivity and expansion efforts.

Through this financial assistance, farmers will be equipped with the necessary resources to boost their agricultural activities, leading to increased productivity and improved food self-sufficiency.

This commendable initiative by the Government of Imo State is set to revolutionize the agricultural landscape and empower farmers to realize their full potential. With the N5 billion loan facility in place, farmers can now seize opportunities, adopt modern farming practices, and contribute significantly to the state’s food security objectives.