FG to Launch National Agribusiness Policy Mechanism to Boost Productivity, Curb Food Inflation, and Drive Growth
The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM)—a transformative initiative aimed at modernising Nigeria’s agricultural landscape, stabilising food prices, and accelerating economic growth.
Announced during a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee at the Presidential Villa in Abuja, Vice President Kashim Shettima said the NAPM would align agricultural efforts across all tiers of government using real-time data analytics.
“The Green Imperative Project is an idea whose time has come,” the Vice President said. “It has been incubating for years, and now it’s time to get it right. Past interventions have fallen short—we must make this work, and it’s the states that will drive this transformation.”
The NAPM, supported by data analytics partnerships and a digital platform currently under development, is designed to tackle food inflation, inefficient subsidies, and outdated farming practices. It aims to provide Nigeria with a unified, technology-driven framework to optimise public spending and enable sustainable rural development.
The mechanism is part of broader reforms to overhaul the agriculture sector through targeted policy, innovation, and public-private collaboration. A pilot survey has already been conducted across 13 states, with a full nationwide rollout planned for June 2025.
Marion Moon, Technical Assistant to the President on Agriculture and Executive Secretary of the PFSCU, explained that the initiative is in direct response to long-standing issues such as high food prices and agricultural yields that lag behind global averages by as much as 60%.
The government is also pushing forward with the Green Imperative Project (GIP), a $1.1 billion Nigeria-Brazil partnership signed on March 17, 2025, to modernise 774 mid-sized farms using Brazilian agricultural technologies. The goal: increase productivity, create jobs, and drive food system transformation across the country.
Vice President Shettima further revealed that President Bola Ahmed Tinubu has approved ₦15 billion for the National Emergency Management Agency (NEMA) to mitigate flood risks ahead of the rainy season.
“This is one of the first proactive decisions by the government to prepare for the flooding season,” he stated.
In attendance at the meeting were key stakeholders, including Governors Umar Namadi (Jigawa) and Biodun Oyebanji (Ekiti); Deputy Governors Umar Kadafur (Borno) and Patricia Onyemaechi Obila (Ebonyi); Minister of Agriculture and Food Security, Senator Abubakar Kyari; Minister of State for Agriculture, Aliyu Abdullahi; the Permanent Secretary of the Federal Ministry of Finance; along with top figures from the agriculture and manufacturing sectors, and representatives of international development partners.
