- 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.