The tractors would be released to Manage Service Providers on loans for farmers to access under a hiring scheme.
The regime said that the drying up of Lake Chad has increased unrest in the region.
The regime said the inflationary trend the country was witnessing was a global crisis.
The federal government has urged farmers to deepen collaborations that would strengthen the agricultural sector and diversify the nation’s economy.
Agric minister said the training was one of government plans in pursuing the revitalisation agenda of food and job creation in the country.
In 2015, the EU banned the importation of Nigerian beans on account of containing a high level of pesticide, considered harmful to health.
The bank noted that an increasing number of countries are restricting wheat and other food commodity exports, exacerbating the global food crisis.
Mr Abubakar gave this assurance at the maiden edition of the West Africa Agro-Fair 2022 conference on Thursday in Abuja.
Mr Osinbajo made the remarks when he met diplomats from the G-7 countries on Thursday.
“Our current ranking by FAO is 15th in the world in cattle, fifth in sheep and third in goat, and 17th in camel farming.”
