Empower Your Agribusiness: Apply for Tractors & Implements via BOA–Heifer NAMP
Are you a motivated young agripreneur (aged 18–35), a woman in mechanized farming, or a mechanization service provider in Nigeria? Here’s your chance to scale your agricultural venture. The Bank of Agriculture (BOA), in strategic partnership with Heifer International Nigeria, is launching the National Agricultural Mechanization Program (NAMP) — an initiative designed to transform mechanized farming across Nigeria by improving access to tractors and farm implements.
Why This Opportunity Matters
Nigeria’s agricultural sector is held back by severe mechanization gaps, especially among small-scale farmers. By offering lease-based access to state-of-the-art farm equipment, NAMP aims to close this gap, boost productivity, and drive inclusive agribusiness growth. Under this program:
- 2,000 tractors and 9,000 farm implements will be made available. (boanig.com)
- The leasing model uses a pay-as-you-go (PAYG) system, making it affordable and flexible. (Nigeria StartUp Act)
- Beneficiaries receive ongoing support via mechanization hubs and digital tracking through IoT to optimize usage. (boanig.com)
- Repayment is linked to income and usage, aligning with the farming season and reducing financial stress. (Npower Discussion Group)
Key Benefits for Applicants
- Access to modern farm machinery – Get tractors and implements without upfront full purchase.
- Technical support & maintenance – Benefit from preventive maintenance and help from mechanization hubs nationwide. (boanig.com)
- Business training – Receive onboarding and training on tractor operation, maintenance, and agribusiness management. (Nigerian Education)
- Digital monitoring – Use IoT-based systems to track machine usage, location, and performance. (boanig.com)
- Flexible financing – Repay based on how much you use the equipment and your revenue, supported by a lease-to-own model. (boanig.com)
Who Is Eligible
- Youth Agripreneurs (18–35) — Nigerians with interest and/or experience in mechanized farming or service provision. (boanig.com)
- Women Agripreneurs – Women-led businesses or individuals ready to grow mechanization services. (Nigerian Education)
- Mechanization Companies / Agro-Service Providers – Registered companies that provide mechanized farming services or want to expand their fleet. (boanig.com)
Eligibility Requirements (Examples):
- Nigerian citizenship or registered agribusiness. (boanig.com)
- Access to farmland or a clearly defined cluster of farmers (e.g., minimum 350 hectares for individuals or 500 hectares within a 50 km radius for companies). (boanig.com)
- A sound business plan: must outline service model, target area, revenue generation, and usage projection. (Nigeria StartUp Act)
- Evidence of financial capacity or equity for the lease. (boanig.com)
- Agreement to use digital tracking for tractor operations. (boanig.com)
Lease Terms & Conditions
- Lease duration: 3–5 years. (Npower Discussion Group)
- Down payment: Approximately 25%. (Npower Discussion Group)
- Interest rate: Around 15% for some participants. (Nigeria StartUp Act)
How to Apply
- Visit the official NAMP application portal on the BOA website: NAMP Application Page. (boanig.com)
- Complete the online application form, providing personal or company details, business model, and required documentation (e.g., business registration, mechanization plan). (boanig.com)
- Upload relevant documents (CAC certificate, TIN, bank statements, land or farm cluster details). (Nigerian Education)
- Review and submit your application before the deadline.
Application Deadline & Duration
- Deadline: 10 November 2025. (Npower Discussion Group)
- Lease tenure: Typically 3 to 5 years, depending on your plan and repayment structure. (Npower Discussion Group)
Tips & Best Practices for a Winning Application
- Prepare early: Gather all key documents (business registration, financial statements, mechanization plan) ahead of time.
- Clearly define your business model: Explain whether you plan to run a tractor-hire service, mechanized farming, or both. Include details on target crops, service area, expected clients, and usage.
- Emphasize youth or women leadership: If you are in the target group, highlight your leadership role, vision, and how you intend to scale.
- Show operational readiness: Demonstrate that you can deploy the machinery effectively: mention maintenance strategies, projected workload, farmers or clusters you plan to serve.
- Be realistic about costs: Acknowledge ongoing costs (fuel, labor, maintenance) and show how you plan to manage them.
- Use digital monitoring: Embrace IoT tracking — it’s part of the program and shows you can support accountability and efficient utilization.
- Follow the lease terms closely: Make sure you understand the down payment, repayment terms, and any conditions tied to the lease-to-own option.
Why You Should Apply
This is more than just financing: it’s a transformation platform. By joining NAMP, you’ll:
- Become a mechanization leader in your community.
- Access high-quality farm machinery without the burden of full upfront capital.
- Benefit from training, maintenance, and digital tools that elevate your agribusiness.
- Align your repayments with your farming cycles — making sustainability more achievable.
- Strengthen food security while building a scalable, profitable mechanization service.
Apply now via the BOA NAMP portal and be part of Nigeria’s mechanization revolution. Don’t miss this opportunity — the deadline is 10 November 2025
