It is no longer news that the Federal Government and TUNS Farms Nigeria Limited in Osun state signed a N25 billion agreement on the National Egg Production Scheme (NEGPRO). The National Egg Production (NEGPRO) scheme is an initiative of the Federal Government of Nigeria designed to create jobs for Nigerians, remove hunger and alleviate poverty.
To attain its goal, NEGPRO will provide eligible Nigerians the opportunity to participate in profitable poultry businesses where continuous production of table egg takes place all year round. The scheme is also aimed at increasing the output of egg production in the country to 50 million table eggs daily by 2018 and a create one million jobs
Eggs produced from NEGPRO will service the following:
- The National School Feeding Program,
- Structured open market
- Egg powder processors across the nation
Under the NEGPRO scheme, accredited layer farmers produce eggs with input supplied by entrepreneurs/stakeholder in the state. The entrepreneur/stakeholder will, in turn, off-take the eggs that are produced.
In general, the scheme workflow involves the following:
- Accredited farmers set up structure and cage for layer birds.
- Entrepreneurs/Stakeholders in feeds and day old chicks (DOC) approved for the NEGPRO scheme take up the provision of basic inputs to participating farmers
- Following the approval of individual farmers and verification and certification of their layer farm pen/structures for stocking by NEGPRO officials of the state, NEGPRO farmers become eligible to collect DOCs, feeds and some stipend to run the farm from Entrepreneur/Stakeholder as a loan. With the input, the farmers commence poultry farming
- Farmers return on weekly basis such that eggs produced from their individual farms are taken up by the approved entrepreneur/stakeholders
- Entrepreneurs shall balance the account of individual farmers and share profit accordingly.
You can participate in any of these three categories, Click on the link below to read more
Funding: The sum of N25 billion is to be provided through the Bank of Industry (BOI) under the Central Bank of Nigeria (CBN) Anchor Borrowers scheme.
The following are eligible to access the fund:
- National Input producers/ suppliers
- State entrepreneurs
It is expected that each eligible entrepreneur would have one year moratorium bearing in mind that the production would not start until the seventh month