Vice President Kashim Shettima has urged the private sector to increase investments in climate-smart agricultural technologies that enhance productivity, minimize waste, and maximize yields.
He reaffirmed the government’s dedication to collaborating with private enterprises to implement modern techniques across the agricultural value chain.
“I assure you that this administration is fully committed to harnessing the private sector’s potential to develop a resilient, market-driven food system. We are focused on promoting regenerative farming practices and integrating digital solutions that strengthen agricultural resilience,” Shettima stated.
The Vice President made these remarks during a strategic workshop on agriculture and food security, organized by the Presidential Food Systems Coordinating Unit, the National Bureau of Statistics (NBS), and the Nigerian Economic Summit Group (NESG).
“The future of Nigeria’s food systems hinges on how swiftly we adopt innovation—we cannot afford to rely on outdated methods,” he emphasized.
Shettima also commended the NBS, NESG, and PFSCU for their contributions to data-driven policies that support the growth and sustainability of the agricultural sector.
Vice President Kashim Shettima highlighted recent milestones, including a $4.3 billion Memorandum of Understanding (MoU) signed in Brazil, aimed at boosting investments in fertilizer production, hybrid seed development, and agricultural credit access.
Given Nigeria’s expanding population and mounting climate challenges, Shettima cautioned that failing to modernize food production could exacerbate economic instability.
He called on agribusiness leaders to embrace technology and sustainable practices to build a more resilient agricultural system.
“The era of slow progress is behind us. We must take bold steps, make smart investments, and forge strategic partnerships to safeguard Nigeria’s food future,” he emphasized.
Representing the Minister of Agriculture and Food Security at the event, Abubakar Ibrahim, Managing Director of the National Agricultural Development Fund (NADF), acknowledged that Nigeria’s agricultural sector cannot thrive without full private sector involvement.
He reaffirmed the ministry’s commitment to implementing policies, incentives, and financial frameworks that create a conducive environment for private investment.
Beyond facilitating access to funding, he noted that NADF is driving innovation, unlocking new investment prospects, and fostering agricultural ventures and ecosystems that will accelerate progress toward food security.
