Nigeria and Brazil Sign $1 Billion Agricultural Agreement

Category: Agriculture |

Nigeria has signed a $1 billion agreement with Brazil to boost its agricultural sector. The deal focuses on transitioning from small-scale farming to commercial, mechanized agriculture.

🔹 Key Goals:

Import of modern Brazilian farm machinery

Establishment of training and support centers

Local job creation and rural development

This initiative is part of the More Food International Program and aims to improve food security in Nigeria.

📌 Sectors covered: rice, maize, cassava, beans, soybeans, sorghum