FG Support for Goat Farmers in Nigeria: 2026 Initiatives

Dayo Thomas

The Federal Government of Nigeria has rolled out various initiatives to support goat farmers in 2026, aiming to boost livestock production and enhance food security. One of the key programs is the National Agricultural Development Fund (NADF), which offers loans and grants at a 9% interest rate, with funding up to ₦50 million. This initiative is designed to provide accessible financing options for farmers, enabling them to scale up their operations and improve productivity.

Another significant program is the Agricultural Credit Guarantee Scheme Fund (ACGSF), which provides 75% coverage up to ₦2 billion per beneficiary. This scheme is geared towards mitigating the risks associated with agricultural lending, making it easier for farmers to access credit. Additionally, the Youth and Enterprise in Agriculture Development Programme (YEIDEP) offers grants ranging from ₦300,000 to ₦400,000 per youth farmer, targeting young entrepreneurs in the agricultural sector. The Green Money Project also provides up to ₦1 million in equity-free capital, offering a unique opportunity for farmers to access funding without the burden of repayment.

Some state governments, like Jigawa, have also allocated funds for livestock development, including goat farming. The Jigawa State Government has earmarked ₦17 billion for livestock development programs in 2026, demonstrating its commitment to enhancing the agricultural sector.

To access these funds, applicants must meet certain eligibility criteria, including being a Nigerian citizen or registered cooperative, operating in an approved agricultural venture, having a bank verification number (BVN) and active bank account, and submitting a viable business plan. These requirements aim to ensure that funds are allocated to genuine farmers who can utilize them effectively.