Figures cited by The Nation show that the Federal Government has officially launched the “Farmer Moni” Dry/Wet Season Programme, alongside the Renewed Hope Government Enterprise and Empowerment Programme (RH-GEEP 3.0). The initiative is a cornerstone of the administration’s social investment strategy, aimed at providing direct financial support to 300,000 farmers across the country.
Reporting by the same outlet highlights that the program is designed to bridge the funding gap for smallholder farmers, particularly in the face of rising input costs and climate-related challenges. The funds are expected to be utilized for the procurement of high-yield seeds, fertilizers, and modern farming equipment to enhance agricultural productivity.
The Ministry of Humanitarian Affairs and Poverty Alleviation, which oversees the project, emphasized that the selection process was digitized to ensure transparency and eliminate middle-men. This move is seen as a vital step in mitigating the current food inflation crisis and ensuring a steady supply of staples in the domestic market.
Tribune Online and Daily Post validated the launch, emphasizing the regional distribution of the funds. Tribune Online mentioned that “the program leads a global push for youth and women investment,” while Daily Post reported a government spokesperson saying, “our goal is to make farming a profitable business for the grassroots.”
Echotitbits take: While the Farmer Moni scheme is a welcome relief, its success hinges on efficient disbursement and the security of the farmlands. Insecurity remains the biggest threat to agricultural output in Nigeria; without addressing the “mining marshals” and banditry issues, financial aid alone may not lower food prices.
Source: Vanguard – https://www.vanguardngr.com/2026/02/fg-launches-n300000-interest-free-loans-for-22000-farmers-opens-portal-across-774-lgas/, February 13, 2026
Photo credit: Vanguard
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