Nigeria and Brazil sign $1.1 Billion agreement to boost food security

During a courtesy visit to Kebbi State, Nigeria, by the Brazilian diplomat, Nigeria disclosed its readiness to collaborate with the Brazilian government in the agriculture and livestock sectors to enhance the country's economy.

This development arose from the opportunities created for foreign investors by the incumbent administration, with a focus on increasing revenue generation and stimulating economic growth. The Brazilian government, through its Ministry of Agriculture, Livestock and Food Supply, showed strong interest in investing in Nigeria’s agriculture sector, recognising the country’s vast potentials and benefits.

This collaboration between Nigeria and Brazil aims to create jobs, increase productivity in the agriculture and livestock sectors, and promote economic growth in the country.