What Tinubu must do after signing investment deal with Brazil firm emerges

  • The Federal Government of Nigeria has signed a Memorandum of Understanding (MOU) with Brazil, projected to attract $4.3 billion in private-sector
  • The MoU is to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance
  • Bisi Afolabi, a legal practitioner who spoke with Legit.ng, said it would be better to start from the northwest

Rio de Janeiro, Brazil – President Bola Ahmed Tinubu-led federal government and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MOU) to boost agribusinesses in Nigeria.

The MoU will advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance.