Nigeria Unveils ₦1.5 Trillion Agricultural Financing Plan for Food Sovereignty

The Nigerian government has introduced a ₦1.5 trillion agricultural financing initiative to enhance mechanization and post-harvest systems, with a focus on achieving food sovereignty and transforming the agricultural sector. Key points include the recapitalization of the Bank of Agriculture, a credit window for smallholder farmers, the launch of the Nigeria Postharvest System Transformation Program, and partnerships with organizations like the African Development Bank and Heifer Nigeria to drive agricultural mechanization.