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Nigeria to Launch National Agribusiness Policy Mechanism to Boost Agricultural Growth and Combat Food Inflation

The Nigerian government is preparing to launch the National Agribusiness Policy Mechanism (NAPM) as part of an ambitious strategy to bolster agricultural productivity, stabilize food prices, and stimulate economic growth. This initiative will focus on transforming the country’s agricultural landscape using data-driven policies and fostering public-private sector partnerships.

During a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee on Friday in Abuja, Vice President Kashim Shettima outlined the government’s vision for NAPM, emphasizing the importance of aligning agricultural efforts across all levels of government. He stressed that real-time data analytics would play a pivotal role in shaping agricultural decision-making.

“The Green Imperative Project (GIP) is an initiative whose time has come,” said Vice President Shettima. “It has been in development for several years, and now it’s ready to be implemented. We need to ensure that this works, and the states will be at the forefront of driving this process.”

The Green Imperative Project (GIP), signed between Nigeria and Brazil on March 17, 2025, is a transformative $1.1 billion partnership designed to modernize 774 mid-sized Nigerian farms using advanced Brazilian agricultural technologies. The project aims to increase agricultural productivity, create jobs, and boost the nation’s food supply.

Additionally, the Vice President announced that President Bola Ahmed Tinubu had approved ₦15 billion for the National Emergency Management Agency (NEMA) to prepare for potential flooding during the upcoming rainy season, highlighting the government’s proactive approach to disaster management.

Marion Moon, Technical Assistant to the President on Agriculture and Executive Secretary of the PFSCU, also provided insights into NAPM’s objectives. She explained that the policy mechanism seeks to address issues such as high food inflation and agricultural yields that currently lag 60% behind global averages. The pilot survey for NAPM has already been completed across 13 states, with the full launch expected in June 2025.

The NAPM will leverage data analytics and a developing digital platform to modernize farming practices, eliminate inefficient subsidies, and create a unified framework for optimizing public spending. This framework is intended to drive sustainable development in rural areas and improve food security.

The meeting was attended by several key officials, including Jigawa State Governor Umar Namadi, Ekiti State Governor Biodun Oyebanji, and other top agricultural stakeholders. Also present were Senator Abubakar Kyari, the Minister of Agriculture and Food Security, and Aliyu Abdullahi, the Minister of State for Agriculture and Food Security, alongside private sector leaders and international development partners.

The NAPM, together with the Green Imperative Project, signals a new era for Nigerian agriculture, one that is more data-driven, efficient, and better equipped to meet the demands of a growing population.

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Opeyemi Owoseni

Opeyemi Oluwatoni Owoseni is a broadcast journalist and business reporter at TV360 Nigeria, where she presents news bulletins, produces and hosts the Money Matters program, and reports on the economy, business, and government policy. With a strong background in TV and radio production, news writing, and digital content creation, she is passionate about delivering impactful stories that inform and engage the public.

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