Mr Wokoma said the initiative was designed to address financing challenges limiting access to mechanised farming equipment.
FG has partnered Century Information Systems and the National Commercial Tricycle and Motorcycle Owners and Riders Association of Nigeria to introduce a structured leasing model.
The Nigerian Navy has pledged full support for the Equipment Leasing Registration Authority in enforcing the Equipment Leasing Act, 2015.
The Equipment Leasing Registration Authority has commended Azman Air for its commitment to full compliance with the equipment leasing act.
According to Mr Adedokun, partnership with ELRA will provide clear guidelines for enforcement.
“This waiver reflects our commitment to easing compliance and encouraging broader adherence to the Equipment Leasing Act,” he said.
