US EditionNigeria and Brazil Forge $1 Billion Deal for Agricultural and Energy Advancements
- On Tuesday in Abuja, Nigeria and Brazil formalized a $1 billion deal aimed at advancing the agriculture, energy, food security, and defense sectors in Nigeria.
- The agreement came shortly after the arrival of Brazil’s Vice President, Geraldo Alckmin, who began a three-day visit to strengthen collaboration in various sectors between the two countries.
- The agreement commits more than $1 billion to introducing advanced agricultural machinery, capacity-building initiatives, and support facilities throughout Nigeria to transition farming from subsistence-level operations to large-scale production.
- Vice President Shettima hailed the partnership as a significant achievement reflecting a strong foundation of respect and effective collaboration, noting that Nigeria aims to build a $1 trillion economy by 2030.
- This initiative reflects Nigeria's economic reforms under President Tinubu, attracting investment in agriculture and energy and promising strengthened South-South relations with Brazil.
13 Articles
13 Articles
Shettima lauds Nigeria-Brazil $1bn agric deal, strategic alliance - Daily Trust
Vice-President Kashim Shettima has applauded the over $1billion Nigeria-Brazil Green Imperative Agricultural Initiative. Shettima made the commendation on Tuesday during the opening session of the 2nd Nigeria-Brazil Strategic Dialogue Mechanism at the Presidential Villa, Abuja. He said that the initiative was a milestone in Nigeria’s renewed strategic alliance with Brazil, grounded in mutual respect and practical cooperation. The vice-president …
Nigeria and Brazil sign $1 billion agreement to boost agriculture
ABUJA - Nigeria and Brazil signed a $1 billion agreement on Tuesday to boost agriculture, food security, energy and defence in the West African nation, Nigeria's vice president Kasim Shettima said. Read more at straitstimes.com.
Nigeria and Brazil Forge $1 Billion Deal for Agricultural and Energy Advancements
Nigeria and Brazil signed a $1 billion agreement aimed at bolstering agriculture, food security, energy, and defense. The deal will introduce mechanized farming equipment and training across Nigeria, transitioning from subsistence agriculture to larger-scale operations and attracting investments in energy and renewables.
Nigeria, Brazil Ink $1 billion Deal to Boost Agriculture
Nigeria and Brazil have entered into a $1 billion agreement targeted towards strengthening key sectors including agriculture, food security, energy, and defence in Nigeria, Vice President Kashim Shettima announced on Tuesday. Both countries aim to “deploy over $1 billion to deliver mechanised farming equipment, training, and service centres across Nigeria,” Shettima said in a statement posted on X. Agriculture in Nigeria is largely subsistence-b…
$1bn strategic pact:Nigeria, Brazil sign MoUs on defence, energy, drug control,agric
Vice President Kashim Shettima has applauded the over $1 billion Green Imperative agricultural initiative, saying it is a milestone in Nigerias renewed strategic alliance with Brazil, grounded in mutual respect Source
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