Food Production: Nigeria, Brazil Sign $1b Agreement To Boost Food Production
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The two countries are expected to sign more than 30 MoUs to cover sectors, including defence and security cooperation, agricultural technology transfer, energy collaboration and transition initiatives, cultural and educational exchange programmes, and trade facilitation and industrial development.
The Federal Government on Tuesday signed a $1 billion Memorandum of Understanding with Brazil on an agricultural mechanisation initiative geared towards boosting food production in the country.
President Bola Tinubu revealed this in a statement on Tuesday when Vice President Kashim Shettima welcomed Brazil’s Vice President, Geraldo Alckmin, and his wife, Maria Lúcia Alckmin, and members of the Brazilian delegation to Nigeria on a three-day state visit.
The visit aimed at deepening bilateral ties between the two countries, will see the signing of more than 30 MoUs expected to cover a broad range of strategic sectors, including defence and security cooperation, agricultural technology transfer, energy collaboration and transition initiatives, cultural and educational exchange programmes, and trade facilitation and industrial development.
While giving an update on the strategic visit, Tinubu said the engagement reaffirmed the enduring ties between Nigeria and Brazil, two diverse democracies linked by shared values, historical connections, and a common ambition for inclusive, people-driven growth.
“We are exploring actionable pathways to deepen cooperation across key sectors: agribusiness and food security, trade and industrialisation, energy transition, healthcare delivery, innovation, defence, and cultural exchange.
“The landmark $1 billion Green Imperative Programme, a bilateral agricultural mechanisation initiative anchored by the Federal Ministry of Agriculture and Food Security in collaboration with Brazil’s Ministry of Foreign Affairs and private sector stakeholders, stands as a flagship of this renewed partnership,” Tinubu wrote.
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According to him, the collaboration is designed to transform Nigeria’s agricultural value chain through technology transfer, capacity building, and the establishment of service centres across the country.
“We also look forward to Nigeria’s active participation at COP30 in Belém, Brazil, as both nations work to scale up collaboration on climate action, energy transition, and environmental resilience,” he noted.
From joint ventures in renewable energy to security cooperation and creative industry linkages, Tinubu said the visit marks a clear shift from goodwill to execution.
“As our Brazilian friends say, ‘Juntos somos mais fortes’, together we are stronger. Nigeria remains firmly committed to building resilient South–South partnerships anchored in mutual respect, shared prosperity, and tangible results for our citizens,” he added.