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Nigeria, Brazil Sign $1.1 Billion Agriculture Deal to Strengthen Food Security

Vanessa by Vanessa
March 18, 2025
in Business
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Brazil Partners with Nigeria on $1.1B Farming Project
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Nigeria has signed the commercial phase of the $1.1 billion Green Imperative Project (GIP) with Brazil, a major step toward modernizing agriculture, improving food security, and attracting private investment.

The agreement, signed at the Presidential Villa in Abuja, will provide Nigerian farmers with modern equipment, improve productivity, and support economic diversification. Vice President Kashim Shettima described the deal as a key part of President Bola Tinubu’s strategy to boost food production and drive economic growth.

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A Game-Changer for Nigerian Farmers

The Green Imperative Project is the largest agricultural initiative in Africa, focusing on sustainable, low-carbon farming. It aims to address low productivity, a major challenge for Nigerian farmers, by linking them to the entire agricultural value chain.

Shettima emphasized that the project aligns with the government’s 8-point agenda and will ensure policy continuity while boosting investor confidence.

“We are tackling food security challenges head-on. This project will ensure that small-scale farmers have access to the necessary tools to improve productivity,” Shettima stated.

Brazil’s Role in the Project

Brazil’s Ambassador to Nigeria, Carlos Garcete, highlighted Brazil’s commitment to the initiative, revealing that discussions had been ongoing for seven years. The deal will allow for the importation of tractors, spare parts, and other agricultural machinery, while assembly and repairs will be carried out in Nigeria by trained local personnel.

“This agreement provides Nigerian farmers with essential tools and also creates job opportunities within the country,” Garcete said.

The Memorandum of Understanding (MoU) for GIP was originally signed in 2018. Additional agreements signed in Brazil last year, including the $4.3 billion second phase and a $2.5 billion JBS project, bring the total investment to approximately $8 billion.

State Governments Show Support

Governors from key agricultural states, including Jigawa and Benue, welcomed the project.

Benue State Governor, Rev. Fr. Hyacinth Alia, expressed enthusiasm, stating, “As Nigeria’s food basket, Benue stands to benefit immensely from this project. It will strengthen food security and economic growth.”

Jigawa State Governor, Umar Namadi, also praised the agreement, emphasizing its importance to farmers and rural communities.

Nigeria-Brazil Cooperation in Agriculture

Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, called the project a strong example of South-South cooperation. He noted that Brazil transformed its barren savannah into one of the world’s most productive agricultural zones, and Nigeria seeks to replicate that success.

With the Green Imperative Project now moving forward, Nigeria is taking a major step toward modernizing agriculture, reducing food insecurity, and diversifying the economy.

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Tags: Green Imperative Project (GIP)Kashim ShettimaPresident Bola TinubuRev. Fr. Hyacinth AliaUmar Namadi
Vanessa

Vanessa

I'm a journalist and relationship columnist. Nigeria Media Merit (NMMA) 1st Runner Up Award Recipient. I'm passionate about arts, entertainment,marriage, religion and politics. I love giving back to society.

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