Have you heard of the Private Sector-Led Accelerated Agriculture Development Scheme (P-AADS) by CBN? Do you want to be part of the CBN P-AADS N2 billion loan to farmers? Are you looking for how to apply for the P-AADS loan?
P-AADS is another federal Government of Nigeria farmers loan amongst other agricultural loan to help farmers expand or start up farmers to increase food production and provide food security in Nigeria.
Interest Rate: Interest rate under the intervention shall be 5.0% p.a. (all inclusive) up to 28th February 2021. Interest on the facility from 1st March 2021 shall be 9% p.a. (all inclusive).
Annual crops: Maximum tenor of six (6) years with six (6) months moratorium.
Perennial crops: Maximum tenor of ten (10) years with one-year moratorium.
Collateral Requirement: The collateral to be pledged by participants under the Scheme shall be title of the cleared land and other acceptable collateral prescribed under the ABP. CBN shall bear 50% of the credit risk in the event of default by the participant.
Read – NYIF Application Form 2020 – nyif.nmfb.com.ng Registration Portal is Open
Agricultural commodities eligible for consideration under the Scheme are:
Participants Eligibility
Prospective P-AADS participants must:
APPLICATION FORM AND REGISTRATION PORTAL TO COMMENCE SOON
For more information on the P-AADS Loan visit www.cbn.gov.ng/
We thought you should also know about
SMEDAN Registration 2020/2021 – smedanregister.ng Form Portal
survivalfund.gov.ng FG MSME Survival Fund New Registration Portal 2020/2021
CBN Youth Investment Fund 2020 Registration Application Portal -nyif.nmfb.com.ng
Corona Virus: Recommendations to Safeguard Yourself from COVID-19
5G Network: Everything you need to Know About 5th Generation Network – Spark Gist
12 of the World Worst Epidemics and Pandemics Disease in History – Spark Gist
Honey and Health Benefits: 9 Benefits/Importance of Consuming Honey that you don’t know
Graduate Trainee Programme 2024/2025 in UK /US - Highest paying and how to apply - List of ongoing graduate scheme…
List of Graduate Trainee Jobs in the UK 2024/2025 - Ongoing Graduate Trainee Schemes/Program in UK- UK Graduate Trainee Jobs…
Steps in starting a blog site - If the idea of launching your own blog in Nigeria has been on…
Abubakar Tafawa Balewa University (ATBU) Recruitment - Abubakar Tafawa Balewa University is a Federal Government-owned tertiary Institution located in Bauchi,…
University of Ilorin Teaching Hospital (UITH) Recruitment 2024 - Applications are hereby invited from suitably qualified candidates for employment in…
Lagos State University (LASU) Recruitment 2024 for Academic and Technical - The Lagos State University (LASU), located at Ojo, was…
View Comments
This is very good emperment site that can help to fight against poor verty in the society