ABUJA: The Federal Government of Nigeria has signed a landmark agreement with Brazil under the Green Imperative Project (GIP), a deal that will see the South American nation invest approximately $8 billion in Nigeria’s agricultural sector.
The signing ceremony took place in Abuja during a meeting chaired by Vice President Kashim Shettima.
The event was attended by key Nigerian government officials, including the Minister of State for Agriculture, Abdullahi Sabi, the Minister of Finance, Wale Edun, and the governors of Benue and Jigawa states. Leading the Brazilian delegation was Brazil’s Ambassador to Nigeria, Carlos Garcete.
The agreement document was signed on behalf of the Federal Government by Marcus Ogunbiyi, the Permanent Secretary of the Ministry of Agriculture. Speaking on the development, government officials emphasized that the partnership would play a pivotal role in advancing Nigeria’s agricultural sector by introducing modern technologies, increasing mechanization, and empowering smallholder farmers.
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The Green Imperative Project is a private-sector-driven initiative aimed at supporting small-scale farmers across all 774 local government areas of Nigeria.
Through this project, farmers will gain access to advanced agricultural machinery, modern irrigation techniques, and improved training programs to enhance productivity and sustainability.
The initiative is expected to significantly boost food production, reduce post-harvest losses, and improve value chain efficiency.
Beyond enhancing food security, the project is also set to create thousands of jobs, stimulate rural development, and strengthen Nigeria’s economic diversification agenda.
By leveraging Brazil’s expertise in large-scale agricultural transformation, Nigeria hopes to revitalize its farming industry, reduce dependency on food imports, and establish itself as a key player in global agricultural markets.
With the agreement now in place, stakeholders anticipate swift implementation of the initiative, ensuring that Nigerian farmers benefit from the investment as soon as possible.
The collaboration marks a major step toward achieving sustainable agricultural growth and positioning Nigeria as an agricultural powerhouse in Africa.
