How to apply – Accelerated Agricultural Development Scheme (AADS) Programme 2017: This post is for all those who are interested and willing to undertake a programme in the agricultural sector of the country as the federal government has concluded plans for the creation of over 360,000 jobs with this prgramme. What is the Accelerated Agricultural Development Scheme (AADS)? Here I will tell you about the programme and how to apply as you continue to read.
About the Accelerated Agricultural Development Scheme (AADS)
The Accelerated Agricultural Development Scheme (AADS) is programme of the federal government aimed at boosting the agricultural sector in the country as well as create jobs for over 360,000 youth across the country. Government has commenced steps to ensure quick commencement of the agricultural initaive to provide jobs in the land.
The Accelerated Agricultural Development Scheme (AADS) programme was targeted primarily at unemployed youths between the ages of 18 and 35 years old. Through the scheme, a minimum of 10,000 youths in each state, willing to engage in sustainable and profitable activities along the agricultural value chain, would be employed and trained. The Accelerated Agricultural Development Scheme (AADS) has been designed to create an ecosystem with the active participation of the public sector, state governments and the private sector.
Some objectives of the Accelerated Agricultural Development Scheme (AADS)
I know you may be asking if there is a need to apply for these programme, my dear I will tell you that there is as it will create a livelihood for many of the youths who are unemployed. Some of the objectives of the scheme can be outline below so that you see the need to apply, they include:
- The creation of economy of scale of farming on contiguous land
- To assist farmers in embracing modern farming practices, such as use of tractors and irrigation schemes.
- To reduce the cost of production with availability of high quality inputs at competitive prices and lowering delivery cost of extension services.
As for the Accelerated Agricultural Development Scheme (AADS), the various state governments were expected to provide contiguous arable land, basic infrastructure, more efficient extension services, training and mentoring of the beneficiaries.
While the central bank of Nigeria, the CBN on its part will provide financing at single digit interest rates, beneficiaries are not expected to come up with any physical collateral but they must be grouped into formally registered cooperatives and cross-guarantee each other.
Please note that all loan beneficiaries of the programme must also have valid bank verification numbers (BVN), which will be registered on the National Collateral Registry and used to track repayments and also blacklist any defaulters. With the release of the operational framework for the scheme, engagements with stakeholders would be continuous to ensure that the scheme began during the dry season cultivation of the outgoing year.
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