Brazil to sign $1.2 billion Green Imperative Agreement to Boost Nigeria’s livestock sector

In a recent development, the Ambassador of Brazil to Nigeria, His Excellency Mr. Carlos Garcete, has revealed plans to sign a landmark $1.2 billion Green Imperative Agreement with the Nigerian government. This collaboration aims to significantly enhance investment in the country’s livestock sector, marking a major step in strengthening agricultural ties between the two nations.

The announcement was made during a courtesy visit by Ambassador Garcete to the Minister of Livestock Development, Alhaji Idi Maiha, at the Ministry’s headquarters in Abuja on Monday. The Green Imperative Agreement, set to be signed in early February, promises to bring much-needed modern equipment and expertise to Nigeria’s agricultural industry. The agreement will fund the export of essential farming machinery, including tractors, bulldozers, and other farming equipment, aimed at modernizing and expanding Nigeria’s agriculture and livestock industries.

Ambassador Garcete emphasized that Brazil’s interest in Nigeria goes beyond simply selling products. Brazil is keen on forming a deeper partnership by assisting Nigeria in strengthening its agricultural and livestock sectors. The $1.2 billion investment will not only provide modern equipment but will also create an office in Abuja to ensure the efficient implementation of the Green Imperative project, facilitating a long-term collaboration between the two countries.

Minister Maiha responded by underlining the critical need to modernize Nigeria’s livestock sector. He highlighted that Brazil, with its advanced agricultural sector and leadership in the global beef industry, is well-positioned to help Nigeria reduce its dependency on imported livestock products.

“The goal is to grow our economy by modernizing the livestock sector. This means attracting Brazilian investors to invest in Nigeria, Africa’s largest market, while also creating opportunities for exports to other regions,” said Maiha. He also pointed out the similarities between the two countries, noting that Nigeria and Brazil share favorable climates, ecological conditions, and cultural affinities that would make their agricultural collaboration even more promising.

The agreement is also set to boost Nigeria’s capacity for breed improvement, research and development, and the production of feed and fodder. Minister Maiha expressed excitement about the potential knowledge transfer from Brazil, particularly through Embrapa, the Brazilian Agricultural Research Corporation, which is renowned for its expertise in agricultural innovation. This will provide Nigeria with the scientific and technical resources necessary to transform its livestock sector.

“We have much to learn from Brazil, and they have promised to connect us with Embrapa to assist us in transforming our sector through science, research, and development,” Maiha said. He emphasized the importance of developing a local supply chain for feed and fodder to support the growth of Nigeria’s livestock industry.

As the Green Imperative Agreement moves toward signing, this collaboration promises not only to improve Nigeria’s agricultural productivity but also to create opportunities for job growth and long-term economic benefits. The partnership highlights Brazil’s commitment to supporting the growth of sustainable agricultural practices in Africa, and Nigeria stands to gain immensely from this investment in its livestock sector.

With both countries committed to making this partnership a success, the Green Imperative Agreement could be a game-changer for Nigeria’s agricultural sector, fostering a future of innovation, self-sufficiency, and global competitiveness.

Leave a Reply

Your email address will not be published. Required fields are marked *