The Nigeria Agricultural Development Fund is seeking trade agreements and credit guarantees with Brazil to expand agricultural cooperation and create more opportunities for Nigerian farmers. This was discussed during a panel on financing at President Tinubu’s recent state visit to Brazil.
The Executive Secretary of NADF, Mohammed Ibrahim, stressed the need for structured partnerships to unlock opportunities. He said this is particularly important for small and medium-scale enterprises in agriculture.
“Nigeria and Brazil share the right conditions for a fruitful partnership,” Ibrahim stated, highlighting the potential benefits of stronger bilateral trade relations.
He outlined the Fund’s focus on four key pillars. The top priority is financing agricultural infrastructure, including storage facilities to reduce post-harvest losses and irrigation systems to support year-round farming.
According to him, these investments will help strengthen food security and raise productivity across the sector.
The NADF plans to deploy assets through debt, equity, and grants. It will operate as a wholesale lender to financial institutions.
Ibrahim added that the approach will expand agricultural credit access, improve financing options, and open new channels for international agribusiness investment.