BOA, NIPOST seal pact to boost credit lending to rural farmers

Bank of Agriculture(BOA) and the Nigeria Postal Services (NIPOST) has signed a memorandum of Understanding to boost acessibility of credit facilities to rural farmers.

Chief Executive Officer of the Bank of Agriculture (BOA), Alhaji Kabir Mohammed during an agreement signing between the BOA and Post-Master General, Barrister Bisi Adegbuyi, yesterday in Abuja said that the 1,184 post offices in the country would serve as one-stop outlets to render financial services to the farmers.

He added that with the agreement, NIPOST can make available its infrastructural facilities to agricultural communities close to it.

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BOA Updates

As part of measures to boost the nation ‘s economy, the Bank of Agriculture (BoA) has said that strategies for adequate financing of the Agricultural sector that would generate employment and empower clients in Agri- business.

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