Home / Jobs / Bank Of Agric giving out grants maximum of N4,000,000 to empower youths for agricultural activities(Apply now)

Bank Of Agric giving out grants maximum of N4,000,000 to empower youths for agricultural activities(Apply now)

The Bank of Agriculture of Nigeria is the major avenue the government has employed to disburse loans and grant to the public. The bank is owned by the federal government, with the Central Bank of Nigeria and the Federal Ministry of Finance incorporated as shareholders.

The activities of the bank are supervised by the Federal Ministry of Agriculture and rural development. When thinking of government loans, the BOA should be your first choice.

REQUIREMENTS FOR BANK OF AGRICULTURE (BOA) LOANS

  • You must have maintained a minimum customer account relationship of about six months
  • You must have deposited at least 2% of the required loan amount into the account
  • You must provide collateral, excluding land.
  • You must provide a detailed business plan.
  • You submit 5 passport photo
  • You must provide any means of identification
There are also several scheme partners that the Bank of Agriculture is collaborating with:
  • SME Friendly Banks;
  • Partner Enterprise Development Centers/Institutions;
  • Partner Technical Skills Training Institutions;
  • The management of the National Youth Service Corps.

The loan processing and inspection time will take up to 2-4 weeks. The Bank of Industry loan for graduates has to be paid monthly and weekly for the non-graduates. The source of payment can be the proceeds of one’s business. There are a lot of opportunities for those who are looking for them. If you are confident in your business idea, then apply for the Entrepreneurship Fund and the Bank of Industry Nigeria loan.

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33 comments

  1. Good day. Which box is for the BOA agricultural Loan please. I am interested. How do I apply?

  2. Greeting MR/Mr’s/miss. It all pleasure in getting this advert,am interesting so can I go about it thanks waiting to hear from you again

  3. I have 4 hectares of land in IMO state , I need money to farm in the land

  4. where is the bank in FCT……I live in Kuje

  5. Thanks for helping Nigerian famers.

  6. Timothy akugbe osadiaye

    Where’s the box to click now

  7. Dear bank of industry
    i have been plan too do catfish farming in my compand for the pass four years now and I have been unable too do it dew to lack of capital to start the business.
    i am dont no if you will grant my application if i apply for a loan as a beginner or as a start up Fisher, pls if they is any thing i have too do so as too start up the business as a beginner do let me no the way forward. Thank you.

  8. Dear bank of industry
    i have been planing too do catfish farming in my compand for the pass four years now and I have been unable too do it dew to lack of capital to start the business.
    i dont no if you will grant my application if i apply for a loan as a beginner or as a start up Fisher, pls if they is any thing i have too do so as too start up the business as a beginner do let me no the way forward. Thank you.

  9. Ikhalea augustine

    Am interested for the loan pertaining the BOA

  10. hi, pls how can i apply?

  11. How do apply?? I cant find d box

  12. Please, where should I click. I’m very much interested!
    Looking foward to hearing from you.

    Regards,
    Kwalla.

  13. Ikeokwu Ngozi Ann

    I am interested in this scheme ,because I want to become an Entrepreneur

  14. I am interested in the loan, please get me posted through my mail address.

  15. Dan P. Esienakerien

    please I need your address in Owerri -Imo State

  16. Am interested o please

  17. Adams Akinwande Kamaldeen

    How do i apply for the loan? There’s no box to click

  18. Very much interested

  19. My name is Ebere I have been producing palm oil,but due to lack of fund I was unable to do that anymore please help me out

  20. Gd morning sir/ma.
    I am interested because i have plantain plantation n cassava farm.
    I will need d bank of agriculture loan to increase my production. Thanks

  21. Am interested to revamp my palm oil business

  22. Am interested, how do i apply oooo

  23. A grant is not meant to be paid back while a loan is expected to be paid back with interest. This is a loan and not a grant.
    How many young graduates and non graduates have collaterals, some of these people can’t feed three times a day and yet you request for collaterals and a statement for business account. What about people that want to start from the scratch? That means the loan is for the business class.

  24. Interested,how do o go about
    Would like to revamp my palm oil business

  25. I am interested

  26. Dear BOA I leave in I have opened d account in question done all d necessary but d problem is that money was not disbursed how do I now apply for d Grant Cos I applied for d loan under anchor borrowers scheme

  27. Please addmin direct us to where we can log in. Thanks

  28. how do i go about the application

  29. Pls.how.do.I.apply

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