Oyo Youth Agribusiness Loan Scheme 2026: How Young Nigerians Can Apply and Benefit
Governor of Oyo State, Seyi Makinde
The Oyo State Agribusiness Development Agency has announced a new loan programme aimed at empowering young farmers and boosting agriculture across Oyo State. The initiative is set to begin soon and is designed to help youths build sustainable agribusiness ventures.
What the Loan Scheme Is About
The programme, known as the Youth Entrepreneurship in Agriculture Programme, focuses on:
Providing loans to young farmers
Offering training in modern farming techniques
Supporting agribusiness startups
This initiative is part of the state’s broader effort to improve food security, create jobs, and grow the economy.
“The initiative is scheduled to begin next week and aims to introduce more youths to practical opportunities in agricultural ventures, a sector critical to economic growth and job creation.”- Director-General of OYSADA, Debo Akande
Who Can Benefit?
This programme is ideal for:
Young Nigerians interested in farming or agribusiness
Existing farmers looking to expand their business
Youths willing to learn and commit to agriculture
So far, over 60 youths have already received training, with more expected to join.
Training and Support
Participants will receive:
Hands-on training at the Centre for Skills and Services
Guidance from agricultural experts and partner organisations
Access to funding to start or scale their businesses
The government has also previously disbursed ₦1 billion in agricultural loans under its economic recovery programme.
How to Apply for the Oyo Agribusiness Loan Scheme
To be part of this programme, follow these steps:
1. Show Interest
Visit OYSADA offices or follow official announcements online
Look out for application openings and deadlines
2. Register for the Programme
Fill out application forms when available
Provide basic details about your interest in agribusiness
3. Attend Training
Selected applicants will undergo training in modern farming and agribusiness practices
4. Meet Selection Criteria
Applicants are chosen based on:
Commitment to agriculture
Willingness to grow a business
Participation during training
5. Access Funding
Successful candidates will receive loans through the Agricultural Credit Corporation of Oyo State in partnership with financial institutions like First City Monument Bank
Why This Matters
Helps reduce unemployment among youths
Boosts food production in Nigeria
Creates sustainable income opportunities
Encourages innovation in agriculture
The Oyo State agribusiness loan scheme is a major opportunity for young Nigerians to build wealth through agriculture. With access to training, funding, and mentorship, youths can turn farming into a profitable and sustainable career.
If you are interested in agriculture, this is the right time to take advantage of government support and start your journey.
