The Federal Government has signed the Green Imperative Project agreement with Brazil which will see the South American country invest about $8 billion in the Nigeria’s agricultural sector.
The agreement was signed during a meeting chaired by Vice President Kashim Shettima and attended by a delegation from brazil led by the Brazilian Ambassador to Nigeria, Carlos Garcete, the Minister of State for Agriculture, Abdullahi Sabi, Minister of Finance, Wale Edun, governors of Benue and Jigawa states among others.
Permanent Secretary of the Ministry of Agriculture, Marcus Ogunbiyi signed the agreement document on behalf of the Federal Government.
The GIP is a private sector initiative which targets small scale farmers across the seven hundred and seventy-four local government areas of Nigeria.
Vice President Shettima said the move is part of efforts of the current Federal Government to promote food security.
