Tag: Agricultural development

ÆŠangote Restoring Value To Agriculture, Sponsors 2025 Agric Show

Aminu Imam
IMG 20251124 WA0082

The ÆŠangote Group has said that it is collaborating with strategic partners to revitalise and strengthen the agricultural sector of the Nigerian economy. This development comes as the company sponsors the 17th National Agricultural Show, which opens on Tuesday, November 25, 2025, in Keffi, Nasarawa State. The company’s spokesman, Anthony Chiejina, stated that expanding mechanised agricultural practices will play a critical role in boosting Nigeria’s GDP while creating meaningful employment opportunities for the country’s growing youth population. “Through this partnership, the company aims to encourage greater participation in commercial agriculture…

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Nigeria secures €190m EU funding for agricultural devt.

Aminu Imam
FG on agric devt.

Nigeria’s agricultural sector is set for a major financing boost as the European Union has approved a €190 million (about N320.5bn) credit line to expand lending to farmers and agri-businesses through Nigerian commercial banks and development finance institutions. The facility, provided by the European Investment Bank, (EIB) was announced during a bilateral meeting between senior EIB executives and a delegation from the Federal Ministry of Budget and Economic Planning on the sidelines of the Global Gateway Forum held recently in Brussels, Belgium. A statement issued yesterday by the Minister of…

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