Brazil Joins Hunger Fight In Nigeria, To Invest N335BN Into Nigeria’s Agriculture
Perhaps you know Brazil only because of its football talents, but the South American nation also happens to be big on agriculture and it is coming to Nigeria to invest in that sector.
The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon invest 1.1 billion dollars, about 335 billion naira into Nigeria’s agriculture.
This is a welcome development given that food shortage is forecast for Nigeria come next year due to flooding and clashes between herders and farmers for much of this year.
The envoy said on Thursday night in an interview with News Agency of Nigeria, NAN in Abuja that an agreement between Brazil and Nigeria on that would be concluded by the end of October.
The ambassador spoke at a dinner to sensitise Nigerians on an agriculture programme – Agritech Nigeria – organised by the Osun Government.
According to him, Brazil will help to transform Nigeria’s agriculture with the fund by establishing a tractor assembly plant in Bauchi State.
He said that sustainable use of tractors and modern technology for farming in Nigeria would boost productivity.
He added that mechanised agriculture would enhance value addition, food systems development and other opportunities for farmers.
The ambassador told NAN that mechanisation of agriculture would reduce hard labour and labour shortages and improve timeliness of agriculture operations.
According to him, it will also improve efficiency in the use of resources, enhance market access and help in mitigating climate-related hazards.
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