Describing the situation as a critical threat to rural livelihoods and national stability, the minister called for urgent action at both national and regional levels.
The policy aligns with Nigeria’s broader agricultural transformation agenda and its commitment to food self-sufficiency.
Nestlé Nigeria posts strong nine-month earnings rebound as revenue and margins rise on pricing gains.
The initiative aims to reduce lending risks, build institutional capacity, and expand long-term agricultural financing in Nigeria.
The announcement was made on October 3, 2025, and the transaction has been completed.