Headline

FEC Approves Procurement Of 2000 Tractors, 1200 Trailers, Others (FULL LIST)

Onanuga said the equipment will be supplied by DMCC firm which is also planning to set up assembling plans of some of these equipment in the country.

Advertisement
Advertisement

FEC has approved the procurement of 2000 Tractors and 1200 Trailers among others to boost food security in Nigeria.

 

NewsOnline Nigeria reports that the Federal Executive Council (FEC) has approved 2,000 tractors, 4,000 disc ploughs, and 1,200 tractor trailers among other equipment under the National Agricultural Mechanization Programme (NAMP) to promote food security in Nigeria.  

 

This is contained in a statement shared on Wednesday by President Bola Tinubu’s Special Adviser on Information and Strategy on his X handle, outlining the outcomes of the FEC meeting in Abuja. 

 

ALSO: Fubara Finally Reveals What Will Happen To 26 Pro-Wike Lawmakers

 

Onanuga said the equipment will be supplied by DMCC firm which is also planning to set up assembling plans of some of these equipment in the country. 

 

“Procurement of 2000 tractors, 4000 disc ploughs, 1000 disc ridges, 1200 tractor trailers and assorted spare parts. The items to be supplied are for the National Agricultural Mechanization Programme(NAMP) to strengthen national food security.  

 

“Astride DMCC, which has done a similar job in Zimbabwe, Kenya, South Africa and Togo,  will supply all the equipment and will also set up a plant to assemble the machinery, in the second stage of the contract,” Onanuga said. 

 

NewsOnline Nigeria reports that the approval by FEC came on the heels of the recent confirmation from the Minister of Agriculture, Senator Abubakar Kyari, that the government has decided to suspend import duties on certain food items for 150 days.  

 

Kyari also said the federal government will import 250,000 metric tonnes of wheat and maize to fill the depleted strategic grain reserve. 

 

In addition, the federal government will engage stakeholders to get a Guaranteed Minimum Price (GMP) for commodities, ramp up production, especially among smallholder farmers in the 2024/2025 farming season, promote the production of fortified food commodities and others. 

Advertisement
Adebimpe Ogunṣuyi

Recent Posts

  • Brands & Marketing

UBA Heralds Festive Season, Lights Up Lagos Marina Garden

United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Monday,…

1 hour ago
  • Featured

Open Heaven 4 December 2024 RCCG Daily Devotional

Open Heaven 4 December 2024 RCCG Daily Devotional can be accessed below.   NewsOnline Nigeria…

1 hour ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th December 2024

The black market dollar to Naira exchange rate on Wednesday 4th December 2024 can be accessed below.…

1 hour ago
  • Top Stories

JUST IN: Police Ban Use Of Tinted Glasses, Covering of Number Plates

Police have banned drivers from using tinted glasses and covering number plates.   NewsOnline Nigeria…

1 hour ago
  • Crime Watch

BREAKING: EFCC Court Documents Expose Real Owners Of Abuja 753 Duplex Estate (FULL LIST)

EFCC court documents has exposed the real owners of the forfeited Abuja 753 Duplex Estate.…

2 hours ago
  • Economy And Business

BREAKING: CBN Releases Phone Numbers, Emails To Report Banks Hoarding Cash From Customers

CBN has released phone numbers and emails to report banks hoarding cash via ATMs and…

2 hours ago