Nigerian Government Targets Private Investment to Drive Agricultural Growth

The Nigerian government, led by Abubakar Kyari, is targeting private investment to enhance agricultural growth, stressing the need for innovation and value chain improvements. Kyari, during a visit with a delegation from the Food and Agriculture Organization (FAO), highlighted the role of the private sector as a key driver of the country's agricultural economy.

Efforts are being made to create a conducive business environment with clear policies and reduced investor risks to attract long-term capital inflow. The focus is on strengthening food systems and achieving food sovereignty in Nigeria, with collaborations with partners like the FAO and the European Bank for Reconstruction and Development.

The government is also working on expanding the footprint of the FAO Investment Center in Lagos to scale up agricultural activities nationwide.