By Peter.
The Bank of Agriculture (BOA), with the help of Federal Government, is currently accepting applications for the Renewed Hope National Agricultural Mechanisation Programme (RHAMP). This initiative, launched in partnership with Heifer Nigeria, aims to improve Nigeria’s food security by empowering a new generation of mechanisation service providers, especially women, youth, and mechanisation companies.
Application is free and ongoing, with interested applicants encouraged to apply online at https://boanig.com before the firm deadline of November 10, 2025.
RHAMP offers access to affordable tractors and farming implements, backed by a comprehensive three-year servicing plan available at verified service centres and mobile hubs. The program provides flexible repayment options linked to equipment usage and income generated. Beneficiaries also receive technical support and digital tracking via IoT technology to monitor operations efficiently.
Eligible applicants include women and youth agripreneurs aged 18 to 35, as well as mechanisation companies seeking to expand their fleets. Key program features include competitive lease terms of three to five years, a 15 percent interest rate, 25 percent down payment, and special conditions tailored to support women and youth.
This programme represents a significant stride in modernising Nigeria’s agriculture and enhancing rural livelihoods. In June 2025, President Bola Ahmed Tinubu unveiled the distribution of 2,000 tractors and thousands of agricultural implements to kickstart the initiative. During the launch, he highlighted the government’s commitment to sustainable agricultural development.
The first phase of RHAMP includes deploying over 2,000 advanced tractors, 50 industrial-grade land preparation bulldozers, 12 fully equipped mobile workshops, and more than 8,000 specialised farming tools. This large-scale mechanisation effort is expected to boost productivity and transform farming operations nationwide.
RHAMP is built on pillars including mechanisation and technology adoption, rural infrastructure development, youth engagement, and international partnerships. The program is projected to cultivate 550,000 hectares of farmland, produce over 2 million metric tons of staple crops, and create 16,000 direct jobs, benefiting approximately 550,000 farming households.
Overall, RHAMP is a cornerstone of Nigeria’s agricultural policy, aimed at increasing mechanisation rates, improving food security, and fostering economic growth across rural communities.
