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Nigeria and Brazil Partner to Modernize Agriculture with $4.3 Billion in Investment

The Federal Government of Nigeria, in collaboration with Fundação Getulio Vargas (FGV) of Brazil, has taken a significant step toward boosting private sector participation in agriculture by signing a Memorandum of Understanding (MoU).
The agreement focuses on advancing fertiliser production, hybrid seed technology, and agricultural finance, aiming to modernize Nigeria’s agricultural sector.
The MoU was formalized at the headquarters of FGV in Rio de Janeiro, Brazil, during the G20 Leaders’ Summit.
Mr. Temitope Fashedemi, Permanent Secretary of the Ministry of Agriculture and Food Security (FMAFS), represented Nigeria, while Professor Carlos Ivan Simonsen Leal, President of FGV, signed on behalf of the Brazilian institution.
This agreement builds on the existing Green Imperative Project (GIP), a $1.2 billion initiative that serves as one of the largest international agricultural technology transfer projects between the two nations.
Established in 2018, the Green Imperative Project seeks to leverage Brazil’s expertise in tropical agriculture to modernize and transform Nigeria’s farming landscape.
The project is a cooperative effort aimed at enhancing agricultural productivity, improving food security, and promoting sustainable farming practices across Nigeria.
Supported by Deutsche Bank, the initiative is designed to deliver advanced agricultural technologies and facilitate knowledge transfer over the course of a decade.
Speaking at the signing ceremony, Mr. Fashedemi highlighted the strategic importance of the partnership, stating, “This collaboration offers Brazil an opportunity to engage with Nigeria’s vibrant agricultural sector.
Together with FGV, we aim to unlock private sector investments in critical areas essential to achieving food security and economic development.”
The MoU is projected to attract $4.3 billion in private sector investments across fertiliser production, hybrid seed technology, and agricultural financing.
These investments are expected to not only boost Nigeria’s agricultural output but also create jobs, reduce dependence on imported food, and enhance the livelihoods of farmers nationwide.
One of the key features of the Green Imperative Project is its plan to identify and support one agribusiness in each of Nigeria’s 774 local government areas over the next five years.
These agribusinesses will receive technical and financial resources to drive sustainable agricultural practices and economic growth in their respective regions.
By empowering local farmers and entrepreneurs, the project aims to create a ripple effect that will benefit the broader agricultural ecosystem.
Professor Carlos Ivan Simonsen Leal expressed optimism about the partnership, emphasizing FGV’s commitment to fostering innovation and sustainability in agriculture.
He noted that Brazil’s extensive experience in tropical agriculture would serve as a valuable resource for Nigeria as it seeks to modernize its farming practices.
The signing ceremony was attended by senior officials from Nigeria’s presidency, the Ministry of Agriculture and Food Security, and leadership from FGV.
News
Fubara Says He Will Defend Democracy and Urges Rivers People to Stay United

Suspended Rivers State Governor, Siminalayi Fubara, has restated his firm commitment to the rule of law, human rights, and inclusive governance for everyone, no matter their political background. In a message shared on Democracy Day, Fubara said his government remains focused on protecting lives and property while promoting fairness, transparency, and accountability in leadership.
He promised to keep standing for the people of Rivers State and to lead with honesty and openness. Reflecting on 26 years of uninterrupted democracy in Nigeria, the governor called for unity and cooperation across party lines to build a society where every voice counts and every person can contribute meaningfully.
Speaking on the political unrest in Rivers, including his suspension and that of other elected officials, Fubara said these events highlight how fragile democracy can be and why it must be protected at all costs. In a statement released by his Chief Press Secretary, Nelson Chukwudi, Fubara acknowledged both the wins and the setbacks in the state’s democratic journey, noting that staying committed to democratic values is more important than ever.
He pointed to his administration’s continued efforts to promote fairness, civil rights, and strong institutions, saying inclusion and openness remain at the heart of everything they do. Despite recent challenges, the governor expressed strong belief in the resilience of Rivers people, urging everyone to stay united and focused. He said the future of the state depends on working together, embracing new ideas, and holding onto shared goals.
Fubara also honoured past leaders who helped shape the country’s democracy, urging citizens to keep their legacy alive by defending the values they stood for. He ended by encouraging the people of Rivers State to stay patriotic, committed, and hopeful, confident that together, the state will come out stronger and more united.
News
Nigerians Protest in Lagos on Democracy Day Due of Hardship

During the 2025 Democracy Day celebration, many Nigerians took to the streets of Lagos to express their frustration over the economic struggles under President Bola Tinubu’s government. The protest, which began at the Ikeja Underbridge, saw citizens calling for a reversal of several government policies they believe are worsening their situation.
Despite a strong security presence, the demonstrators held up signs with messages like “Reverse Electricity Tariff Hike” and “No one deserves a death sentence for protesting against hunger.”
Lagos State Police PRO, Benjamin Hundeyin, acknowledged the protest and assured the public that everything is under control. He said there’s enough security in place for both those celebrating and those protesting, adding that the safety of everyone remains a top priority.
News
No Parade This Year as Tinubu Plans Morning Speech for Democracy Day

The Federal Government has officially called off the traditional military parade for the 26th Democracy Day celebration, which is set for Thursday, June 12, 2025. In a statement shared by Abdulhakeem Adeoye on behalf of the committee’s Director of Information and Public Relations, it was confirmed that President Bola Tinubu will instead deliver a national broadcast by 7 a.m. on the same day.
Later at noon, the President will join a special joint session of the National Assembly, where lawmakers will discuss national issues, reflect on the country’s democratic path, and speak on the need for unity and meaningful reforms. A public lecture will also take place by 4 p.m. at the State House Conference Centre in Abuja. The event is expected to draw key government figures, political leaders, and members of civil society, all gathering to assess the nation’s progress in democracy.
The theme for this year’s commemoration is “Consolidating on the Gains of Nigeria’s Democracy: Necessity of Enduring Reforms,” focusing on how far Nigeria has come and the steps needed to keep improving.
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