First Lady Inaugurates Renewed Hope Initiative For Women Farmers
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- Agribusiness Africa
- February 29, 2024
- News & Analysis
The Nigerian First Lady, Mrs. Oluremi Tinubu, launched the Renewed Hope Initiative in Owerri, Imo State, to support women farmers, enhance food production, and create wealth. The program aims to assist 20 women farmers per state with N500,000 each, totaling 10 million Naira per state.
Each of the 200 beneficiaries received kits with maize seeds, fertilizers, and herbicides for one hectare of maize farming, or 25 two-week-old poultry birds, a battery cage, and feed. Mrs. Tinubu presented 10 million Naira drafts to Southeast First Ladies.
NALDA’s CEO, Prince Paul Ikonne, committed to partnering with the First Lady to promote agribusiness among women nationwide. Imo State’s First Lady, Chioma Uzodimma, thanked the President and First Lady for their support. The initiative, in collaboration with NALDA, aims to empower women farmers and reduce poverty across the country. Source: Daily Trust
Our Review
The Renewed Hope Initiative launched by the Nigerian First Lady, Mrs. Oluremi Tinubu, represents a significant step towards strengthening the agri-food value chain in Nigeria. By providing financial support and agricultural inputs to women farmers, the initiative addresses critical bottlenecks such as access to funding and essential resources. This support enables women to increase productivity and expand their operations, directly enhancing food security and contributing to economic growth.
The distribution of maize seeds, fertilizers, herbicides, and poultry farming materials equips beneficiaries with the tools needed for immediate agricultural activities, fostering both crop and livestock production. This dual approach not only diversifies income sources but also mitigates risks associated with farming.
Furthermore, NALDA’s partnership in this initiative ensures ongoing technical support and market linkages, crucial for sustainable development. Empowering women in agribusiness not only promotes gender equality but also drives community development as women reinvest in their families and communities.
Overall, the Renewed Hope Initiative catalyzes growth across the entire agri-food value chain by enhancing production capabilities, ensuring market access, and fostering economic stability. It sets a precedent for targeted agricultural interventions that can inform policy decisions and foster long-term growth in the sector.