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Nigeria and Brazil Forge $1 Billion Deal for Agricultural and Energy Advancements

  • Nigeria and Brazil signed a $1 billion agreement to enhance agriculture and energy, according to Nigeria's Vice President Kasim Shettima.
  • The agreement aims to deliver mechanized farming equipment, training, and service centers across Nigeria, according to Shettima.
  • Nigeria targets a $1 trillion economy by 2030, focusing on agriculture, energy, and public finance reforms.
  • Nigeria is shifting from subsistence farming to large-scale agriculture and seeking investment in energy.
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U.S. News broke the news in New York, United States on Tuesday, June 24, 2025.
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