The Federal Government of Nigeria, in collaboration with the Bank of Agriculture (BOA) and Heifer Nigeria, has launched the Renewed Hope National Agricultural Mechanisation Programme (RHAMP). This initiative provides affordable access to tractors and farming implements to boost food security. It targets youth (18-35), women agripreneurs, and established mechanisation companies. Benefits include flexible 3-5 year leases, a competitive 15% interest rate, a 25% down payment, and a comprehensive 3-year servicing plan. Applications are currently free and ongoing, with a strict deadline of November 10, 2025, via the official BOA website.
Nigerian Federal Government Renewed Hope National Agricultural Mechanisation Programme Summary Table
| Detail | Value |
|---|---|
| Host Country | Nigeria (Federal Government) |
| Study Abroad | N/A (Domestic Mechanisation Program) |
| Category | Agricultural Lease & Mechanisation Program | Training |
| Eligible Applicants | Youth (18-35), Women Agripreneurs, and Companies |
| Reward | Affordable Tractors/Implements, 3-5 Year Lease, 15% Interest |
| Key Criteria | Age (18-35 for youth), 25% Down Payment, Agripreneur Status |
| Application Deadline | November 10, 2025 |
Renewed Hope National Agricultural Mechanisation Programme (RHAMP) Details
The Federal Government of Nigeria, through a strategic collaboration between the Bank of Agriculture (BOA) and Heifer Nigeria, has launched the ambitious Renewed Hope National Agricultural Mechanisation Programme (RHAMP). This initiative is a monumental step toward achieving national food security and modernizing Nigeria’s agricultural sector by empowering a new generation of mechanisation service providers.
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RHAMP is designed to overcome historical barriers to technology adoption by providing affordable, accessible farming equipment. It specifically focuses on driving socio-economic growth by targeting youth and women agripreneurs, alongside established mechanisation companies looking to expand their fleet. The program builds on the first phase, which saw the distribution of over 2,000 advanced tractors and thousands of implements, underscoring the government’s commitment to a sustainable agricultural future.
This program offers successful applicants not just machinery, but a complete support ecosystem, ensuring they have the technical and financial stability needed to succeed as modern mechanisation entrepreneurs and enhance rural livelihoods across the country.
The Training Program Details
The RHAMP is a large-scale intervention designed to transition Nigerian agriculture from traditional farming methods to a technologically driven, modern system. The core objective is to bolster the country’s food systems by increasing the availability and usage of farm machinery. Applicants are granted access to a range of modern equipment, including tractors, industrial-grade bulldozers, and specialized farming implements. This machinery is offered under a competitive lease structure.
The program includes comprehensive support elements such as access to verified service centers or mobile workshops, which provide a guaranteed 3-year servicing plan. Furthermore, the inclusion of IoT technology for digital tracking and management ensures accountability and optimizes machinery use across various locations. This initiative is a practical tool for agripreneurs to build sustainable, profitable businesses around agricultural mechanisation services.
Benefits and Specific Lease Awards of the RHAMP Program
The RHAMP offers a multi-tiered package of financial and technical benefits, making the acquisition of high-value agricultural machinery financially viable for emerging entrepreneurs.
Tier 1: RHAMP Fleet Expansion Lease (Access to Affordable Tractors and Implements)
This is the most direct benefit, granting the successful applicant physical access to affordable tractors and thousands of farming implements. This capital equipment is the foundation of the mechanisation service provision business model that the program aims to establish nationwide.
Tier 2: Comprehensive Financial Coverage
- Competitive Financing: Applicants benefit from highly competitive financing terms, featuring a favorable 15% interest rate on the lease.
- Flexible Lease Term: The program offers flexible 3-5 year lease options, allowing applicants to choose a repayment schedule that aligns with their business plan and cash flow.
- Usage-Based Repayment: Repayment options are designed to be flexible, often linked directly to the machinery’s usage and income generation capacity, easing the initial financial burden.
Tier 3: Core Technical Support
- Servicing and Maintenance: A comprehensive 3-year servicing plan is included, provided through verified service centres or mobile hubs to ensure machine longevity and minimize downtime.
- Technical Support: Recipients gain access to technical support and advisory services to maximize the efficiency of the new equipment.
- Digital Tracking: The entire operation is supported by IoT technology for digital tracking, aiding in fleet management and performance monitoring.
Eligibility Requirements for Renewed Hope National Agricultural Mechanisation Programme 2025
The RHAMP is structured to ensure that the equipment reaches the intended beneficiaries—individuals and entities dedicated to agricultural sector growth.
- Age and Status: Must be a youth agripreneurs or a woman agripreneurs between the ages of 18 and 35 (for individuals).
- Corporate Eligibility: Mechanisation companies seeking to expand their existing fleet are also eligible to apply.
- Financial Readiness: Applicants must be prepared to provide a 25% down payment on the cost of the tractor and implements.
- Commitment: Must demonstrate the willingness and capacity to adhere to the terms of the 3-5 year lease agreement and utilize the equipment for mechanisation service provision.
- Application Requirement: Applicants must complete the free online application form on the official website.
How to Apply for the Renewed Hope National Agricultural Mechanisation Programme 2025 (Step by Step)
The application process is managed directly by the Bank of Agriculture (BOA) and is straightforward and free of charge.
- Visit the Official Portal: Navigate to the dedicated application portal at https://boanig.com.
- Complete the Free Application: Fill out the online application form with accurate personal, financial, and business expansion details.
- Ensure Eligibility: Confirm you meet the key criteria, including age (if applicable) and readiness for the 25% down payment.
- Submit and Await Review: Submit the completed form before the deadline and wait for communication from the Bank of Agriculture regarding the next phases (e.g., vetting, financing, and equipment allocation).
Application Deadline: November 10, 2025
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Frequently Asked Questions (FAQ)
1. What is the main objective of the RHAMP initiative?
Answer: The main objective is to bolster Nigeria’s food security and modernize the agricultural sector by providing affordable access to tractors and farming implements to mechanisation service providers.
2. Is the RHAMP program only for individuals, or can companies apply?
Answer: The program is open to both youth and women agripreneurs (aged 18-35) as individuals, and established mechanisation companies looking to expand their existing operational fleets.
3. What is the deadline to submit the application for the RHAMP program?
Answer: The application process is free and currently ongoing, with a strict final deadline of November 10, 2025.
4. Who are the primary collaborators managing the RHAMP application?
Answer: The program is a collaboration between the Federal Government, the Bank of Agriculture (BOA), and the international development organization Heifer Nigeria.
5. What is the required financial commitment from the applicant?
Answer: Successful applicants are required to make a 25% down payment on the cost of the tractor and implements to secure the lease agreement.
6. What interest rate applies to the machinery lease?
Answer: The program features competitive terms, including an interest rate of 15% on the lease options offered to recipients.
7. How long are the lease and repayment periods for the equipment?
Answer: Applicants can benefit from flexible 3-5 year lease options with repayment terms often linked to the income generated from the machinery’s usage.
8. Does the program provide technical support for the tractors?
Answer: Yes, the program includes a comprehensive 3-year servicing plan at verified service centres or mobile hubs, along with ongoing technical support and digital tracking via IoT technology.
9. Where is the official application website for the RHAMP?
Answer: Applications must be submitted through the official Bank of Agriculture website at https://boanig.com.
10. Are there special conditions for women and youth applicants?
Answer: Yes, the entire program places a special focus on empowering women and youth agripreneurs, and competitive financing terms are often tailored to their specific economic conditions.
