ENUGU Nigeria, (VOICE OF NAIJA)- The Federal Government of Nigeria has signed the Green Imperative Project (GIP) agreement with Brazil, paving the way for an $8 billion investment in Nigeria’s agricultural sector.
The agreement was finalized during a meeting chaired by Vice President Kashim Shettima on Monday.
Present at the signing were a high-level Brazilian delegation led by the country’s Ambassador to Nigeria, Carlos Garcete, as well as Nigeria’s Minister of State for Agriculture, Abdullahi Sabi, Minister of Finance, Wale Edun, and the governors of Benue and Jigawa states, among others.
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The Permanent Secretary of the Ministry of Agriculture, Marcus Ogunbiyi, signed the agreement on behalf of the Federal Government, Vanguard reports.
The Green Imperative Project is a private sector-driven initiative designed to support small-scale farmers across Nigeria’s 774 local government areas, aiming to boost agricultural productivity and food security.
Vice President Shettima emphasized that the initiative aligns with the government’s broader efforts to enhance food security in Nigeria.