Renewed Hope For Nigerian Agriculture at Bank of Agriculture
Job Description
About Us
BOA and Heifer International are launching the National Agricultural Mechanization Program to fund 2,000 tractors and 9,000 implements for youth and women agripreneurs.
The Bank of Agriculture is Nigeria’s leading development finance institution, established to provide financial support for the growth of the agricultural sector. BOA offers credit facilities, agricultural loans, and development programs aimed at improving rural livelihoods, food security, and sustainable farming practices across the country.
Heifer Nigeria
Heifer Nigeria is a branch of Heifer International, a global nonprofit organization committed to ending hunger and poverty by supporting smallholder farmers. In Nigeria, Heifer focuses on advancing agricultural innovations, empowering youth and women in agribusiness, and strengthening food systems through partnerships and sustainable interventions.
The Bank of Agriculture (BOA), in partnership with Heifer Nigeria, invites applications for the Renewed Hope National Agricultural Mechanisation Program — a transformative initiative designed to expand access to affordable mechanization services and enhance Nigeria’s agricultural productivity.
This program aims to empower farmers, women, youth, and mechanization companies by providing easy access to tractors and other mechanized farming tools through sustainable financing. Together, BOA and Heifer Nigeria have developed a framework to finance and manage 2,000 tractors procured by the Federal Government of Nigeria under a Pay-As-You-Go model.
Program Benefits:
- Preventive maintenance and technical support through mechanization hubs
- Digital tracking via IoT technology
- Flexible repayment options 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 specific eligibility criteria outlined in the application form. Successful applicants will be notified via email and/or SMS.
Deadline: November 10th 2025