INTRODUCEDStage: First Reading

Agricultural Subsidy Bill

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SPONSOR

Sen. Tinubu A.

INTRODUCED

2024-01-28

COMMITTEE

Agriculture

LAST UPDATED

3d ago

LEGISLATIVE PATH

Introduced

First Reading

Committee Review

Second Reading

Passed/Rejected

Executive Summary

This bill aims to provide direct subsidies on fertilizers, seeds, and farm equipment to small-scale farmers across the nation. It establishes a transparent distribution mechanism to prevent hoarding and ensure equitable access.

50% subsidy on certified seeds and fertilizers.

Estimated impact on 2.1M smallholder farmers.

Anti-diversion safeguards via digital tracking.

₦120B annual budget allocation from TETFUND.

Recent Votes

Committee Stage Outcome

Representative	Party	Vote
Sen. Tinubu Abubakar	Heritage United	FOR
Rep. Funke Adebayo	Progressive Alliance	ABSTAIN
Sen. Chikezie Nnamdi	Independent	AGAINST

OFFICIAL DOCUMENTS

Bill Text - Draft v1

Agricultural Impact Assessment

Stakeholder Consultation Summary

LEAD SPONSORS

Sen. Tinubu AbubakarDistrict 3 • Education Lead

Rep. Funke AdebayoDistrict 11 • Social Welfare

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