HomeBusinessBOA unveils roadmap to expand rural finance, boost food security

BOA unveils roadmap to expand rural finance, boost food security

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The Bank of Agriculture has unveiled a strategic roadmap aimed at modernising its operations, expanding grassroots financial inclusion and accelerating agricultural transformation in line with the Federal Government’s food security agenda.

The Managing Director and Chief Executive Officer of the bank, Ayodeji Sotinrin, disclosed this in a statement issued on Friday, saying the institution is implementing operational upgrades and forging strategic partnerships to improve the delivery of agricultural intervention programmes and empower smallholder farmers across the country.

According to the statement, the BOA is strengthening its agricultural delivery architecture by expanding collaborations with state-level delivery platforms, licensed input suppliers and international development partners.

A key component of the strategy is a recently signed Memorandum of Understanding with the United Nations Development Programme, aligning the bank’s revitalisation agenda with the UNDP’s Integrated Smart States Programme.

The bank said the partnership would help transform Nigeria’s agricultural sector into an investment-ready system capable

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