DEADLINE: 7TH JANUARY, 2026
NATIONAL AGRICULTURAL SEEDS COUNCIL (NASC)
KM 29 ABUJA-LOKOJA HIGHWAY
CALL FOR SUBMISSIONS OF APPLICATIONS FROM SEED COMPANIES UNDER THE PRESIDENTIAL CATALYTIC SEED FUND (PCSF)

The National Agricultural Seeds Council (NASC) invites qualified and duly licensed seed companies in accordance with the provisions of the National Agricultural Seeds Council Act No. 21 of 2019, to apply for concessional financing under the Presidential Catalytic Seed Fund (PCSF), implemented in collaboration with the Bank of Industry (BOI).

The PCSF is a Federal Government-approved intervention aimed at strengthening Nigeria’s seed system by expanding the production of early generation and certified seeds, improving seed quality assurance, and supporting private sector-led growth in line with the Renewed Hope Agenda on Food Security.

OBJECTIVES OF THE FUND
The Fund seeks to:

  • Increase national availability of early generation and certified seeds
  • Strengthen seed quality assurance and regulatory compliance
  • Expand seed processing, conditioning, and storage infrastructure
  • Promote investment in priority and climate-resilient crop varieties
  • Improve farmers’ access to high-quality seeds nationwide

ELIGIBILITY REQUIREMENTS
Interested seed companies must:

  • Be duly registered with the Corporate Affairs Commission (CAC)
  • Possess a valid NASC Seed Company License
  • Be actively engaged in seed production (early generation and/or certified seed)
  • Commercialize only officially registered and released crop varieties.
  • Comply with NASC certification, labelling, and quality assurance standards.
  • Present a bankable business plan with clear production and market targets
  • Demonstrate financial discipline and capacity to service BOI loan facilities

SELECTION PROCESS
Applications will be evaluated by NASC using a standardized and transparent scoring framework covering:

  • Regulatory compliance
  • Seed quality assurance capacity
  • Production, processing, and storage infrastructure
  • Business viability and financial health
  • Alignment with national seed sector priorities
  • Market reach, governance, and transparency

Shortlisted companies will undergo field and facility verification by NASC. Only companies recommended by NASC will be forwarded to the Bank of Industry for credit appraisal and final lending decision, in line with BOI policies.

PRIORITY FOCUS AREAS
Priority consideration will be given to seed companies involved in:

  • Strategic crops such as maize, rice, wheat, sorghum, cowpea, and soybean
  • Production of improved and climate-smart varieties
  • Expansion into underserved agro-ecological zones
  • Strengthening early generation seed supply chains

APPLICATION TIMELINE

Deadline: Applications must be submitted within two (2) weeks from the date of publication (January 7, 2025) of this notice.

Detailed guidelines and application templates are obtainable from the National Agricultural Seeds Council (NASC)

IMPORTANT NOTICE
Submission of an application does not guarantee financing. All financing is subject to:

  • Successful technical screening and recommendation by NASC
  • Independent credit appraisal and approval by the Bank of Industry
  • Compliance with applicable regulatory and risk-management requirements.

SIGNED
HON. FATUHU MUHAMMED
DIRECTOR GENERAL/CEO

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