• About
  • Advertise
  • Contact
Thursday, August 21, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Agriculture/ Water/ Mineral

Nigeria, Brazil Sign MoU To Boost Agribusiness In 774 Local Govt. Councils

Vital News by Vital News
November 24, 2024
in Agriculture/ Water/ Mineral, News
0
Nigeria, Brazil Sign MoU To Boost Agribusiness In 774 Local Govt. Councils
Share on FacebookShare on Twitter

The Federal Government of Nigeria, through the Ministry of Agriculture and Food Security (FMAFS) and Fundação Getulio Vargas (FGV) of Brazil, have signed a Memorandum of Understanding (MOU) to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance.

The MoU was signed on behalf of the Federal government by the Permanent Secretary of FMAFS, Mr Temitope Fashedemi, and the President of FGV, Professor Carlos Ivan Simonsen Leal, at FGV Headquarters in Rio de Janeiro, Brazil, on the sidelines of the G20 Leaders’ Summit.

Abiodun Oladunjoye, Director, Information & Public Relations stated this in a press release issued on Sunday

The agreement marks a new phase of strategic collaboration between Nigeria and FGV, the Green Imperative Project (GIP) lead implementer, one of the largest international agricultural technology transfer initiatives.

Conceived in 2018, GIP is a 1.2 billion dollar cooperative effort between Brazil and Nigeria, designed to modernise Nigeria’s agricultural sector through Brazilian expertise in tropical agriculture.

RelatedStories

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Ladoja To Be Install 44th Olubadan Sept. 26

Since the MoU was conceived in 2018, both parties have engaged in many meaningful discussions to advance its design and implementation.

The project, supported by Deutsche Bank, aims to deliver transformative agricultural technologies and knowledge transfer over its 10-year duration.

Over the next five years, the project will identify and support one agribusiness in Nigeria’s 774 local government areas with technical and financial resources, driving sustainable development and economic growth.

“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 investment in key areas critical to our food security,” Fashedemi said at the signing ceremony.

Under the MOU, private-sector projects on fertiliser production, hybrid seed technology and agricultural financing are projected to attract $4.3 billion in private-sector investment.

Senior members of Nigeria’s presidency, officials of FMAFS and FGV’s leadership attended the signing ceremony.
(vitalnewsngr.com)

Tags: AgricbrazilmouNigeria
Previous Post

Lagos Hails Supreme Court Judgment On Lottery Regulation

Next Post

Missing Israeli Rabbi Found Dead In Dubai

Vital News

Vital News

RelatedStories

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation
Education

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

August 20, 2025
Tinubu Appoints Rotimi Pedro, Founder Of OSMI As New DG Of NTA
National

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

August 20, 2025
Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead
National

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

August 20, 2025
Ibadan High Chiefs Meet To Deliberate, Nominate Ladoja As 44th Olubadan of Ibadanland
Culture

Ladoja To Be Install 44th Olubadan Sept. 26

August 20, 2025
PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death
News

PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death

August 20, 2025
Next Post
Missing Israeli Rabbi Found Dead In Dubai

Missing Israeli Rabbi Found Dead In Dubai

RUSSIA/UKRAINE CRISIS : TIT-FOR-TAT NOT A SOLUTION By Lawal Sale

RUSSIA/UKRAINE CRISIS : TIT-FOR-TAT NOT A SOLUTION By Lawal Sale

‘Owoblow’ – The One-Man Army !  By Segun Odegbami

‘Owoblow’ – The One-Man Army ! By Segun Odegbami

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Shun drug abuse, ex – Miss Nigeria warns girls

4 years ago
Student Loan Programme For Both Federal, State Institutions – NELFUND

NELFUND Disburses July Stipends To 20,371 Students In Six Institutions

1 year ago

St Barnabas Secondary School Kabba Celebrates 60 Years Anniversary

4 years ago
AIG Appeals To NLC, TUC To Ensure Peaceful Protest In Kogi

AIG Appeals To NLC, TUC To Ensure Peaceful Protest In Kogi

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Ladoja To Be Install 44th Olubadan Sept. 26

PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death

Ogun APC Suspends Senator Gbenga Daniel, Kunle Folarin Indefinitely For Anti-party

Lagos Loses Another Female Councillor, Zainab Shotayo, Second In One Week

Trending

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation
Education

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

by Vital News
August 20, 2025
0

The Federal Government has given Colleges of Education nationwide the go ahead to start offering both National...

Court Berates EFFC Over Disregard For Rule Of Law, Orders Immediate Release Of Aisha Achimugu

EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud

August 20, 2025
Tinubu Appoints Rotimi Pedro, Founder Of OSMI As New DG Of NTA

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

August 20, 2025
Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

August 20, 2025
Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

August 20, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation August 20, 2025
  • EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud August 20, 2025
  • Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors August 20, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In