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2 clusters · 2 sources · 8 days · First seen · Last updated

Nigeria agricultural development and funding

Overview

The Nigerian government has launched the National Agricultural Development Fund (NADF) to support research, technology, and private-sector participation in the agricultural sector. The fund aims to modernize value chains through mechanisms such as grants, debt, and equity, focusing on areas like digital agriculture and climate-smart production.

Following this launch, agricultural stakeholders have called for increased public investment and more consistent budget releases to address food insecurity. Reports indicate that current public spending remains below the continental target of 10 percent of expenditure. On a regional level, officials in Imo State have warned that state-level agricultural programs face potential collapse due to staffing shortages, land disputes, and long-term funding issues.

Entities

Nigeria · National Agricultural Development Fund · Mohammed Ibrahim · Imo State Agricultural Development Programme · Federal Ministry of Agriculture and Food Security

Timeline

  1. 22 days ago

    [BUSINESS] 2 sources
    Nigeria agricultural stakeholders demand increased funding to combat food insecurity

    Nigerian agricultural stakeholders and officials are calling for increased funding and urgent agency reforms to tackle food insecurity and revitalize declining agricultural development programs.

  2. 29 days ago

    [POLITICS] 4 sources
    Nigeria launches National Agricultural Development Fund to boost research and innovation

    Nigeria's Minister of Agriculture Abubakar Kyari launched the National Agricultural Development Fund, a financing platform for research, technology and private‑sector partnerships to modernise the sector, using

Sources

environewsnigeria.com · tribuneonlineng.com