Nigeria, Brazil sign mou to boost agribusiness in 774 LGs

Nigeria, Brazil sign mou to boost agribusiness in 774 LGs

The Federal Government of Nigeria, through the Ministry of Agriculture and Food Security (FMAFS), and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MoU) to advance private-sector development in fertiliser production, hybrid seed technology, and agricultural finance.

A Presidency statement said the MoU was signed on behalf of the government by the Permanent Secretary of FMAFS, Mr. Temitope Fashedemi, and the President of FGV, Professor Carlos Ivan Simonsen Leal, at FGV Headquarters in Rio de Janeiro, Brazil, on the sidelines of the G20 Leaders’ Summit.

According to the statement issued by Abiodun Oladunjoye, a Director of Information and Public Relations, on Sunday, the agreement marks a new phase of strategic collaboration between Nigeria and FGV. FGV is the lead implementer of the Green Imperative Project (GIP), one of the largest international agricultural technology…
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