The Federal Government of Nigeria, through the Ministry of Agriculture and Food Security (FMAFS), has signed a Memorandum of Understanding (MoU) with Brazil’s Fundação Getulio Vargas (FGV) to enhance agribusiness development across Nigeria’s 774 local government areas.
The agreement, signed at the FGV Headquarters in Rio de Janeiro, Brazil, on the sidelines of the G20 Leaders’ Summit, focuses on private sector development in fertiliser production, hybrid seed technology, and agricultural finance.
The Permanent Secretary of FMAFS, Mr. Temitope Fashedemi, signed on behalf of Nigeria, while the President of FGV, Professor Carlos Ivan Simonsen Leal, represented Brazil. Fashedemi highlighted that the partnership enables Brazil to collaborate with Nigeria’s growing agricultural sector.
“This partnership paves the way for Brazil to engage with Nigeria’s dynamic and rapidly growing agricultural sector. Together with FGV, we are poised to unlock the potential of private sector…