The FG 360,000 Agricultural Initiative for youths begins soon — CBN Governor.
Emefiele made the disclosure in Abuja on Friday at a stakeholders’ meeting on the operational framework for the Accelerated Agricultural Development Scheme (AADS).
He said AADS was targeted primarily at unemployed youths between the ages of 18 and 35.
Emefiele said through the scheme, a minimum of 10,000 youths in each state, willing to engage in sustainable and profitable activities along the agriculture value chain, would be employed and trained.
Emefiele said the objectives of AADS included the creation of economy of scale of farming on contiguous land.
Emefiele said that state governments were expected to provide contiguous arable land, basic infrastructure, more efficient extension services, training and mentoring of the beneficiaries.
Also, the Minister of Agriculture, Chief Audu Ogbeh, said the Federal Ministry of Agriculture and Rural Development would be providing technical support for the project.