The Nigerian Agricultural Mechanisation & Equipment Leasing Company , has called for an urgent need to up the standard of Rural Agricultural Development.
During the meeting, NEMAL also revealed the Rural Agricultural Development Consortium , a model that was developed in collaboration with significant agricultural players, such as Harvest Field, SEEDCO, OCP, National Agricultural Insurance Corporation , NFM, AFEX, and the Central Bank of Nigeria . He said, ” Some of the Short-term goal of RAD-C is to develop 500,000 hectares of contiguous farmland across different states and create 1 million direct jobs and about 2 million indirect jobs for community youths and women.
” RAD-C model provides a verifable window for development partners and Government to implement Agricultural development initiatives such as the Staple Crops Processing Zones, AFDB Emergency Food Production Facility, Central Bank of Nigeria Accelerated Agricultural Production Scheme .” He said.