The presidential order followed the release of ₦30 billion by the African Development Bank (AfDB) as the second tranche for implementing the scheme. According to the statement, the BOA will execute the payment schedule with urgency using its electronic Wallet system. Managing Director/Chief Executive of BOA, Ayo Sotinrin, described the release as a turning point for Nigeria’s agricultural sector. This is more than just a fund; it is a bold commitment to ensuring our nation’s food security,” Sotinrin said. “By working hand-in-hand with the NAGS-AP team, we are cutting through bureaucratic delays to get payments directly to agro-dealers and suppliers.