Nigeria & Brazil Sign $ 1B Deal to Modernize Agriculture
On June 24, Nigeria and Brazil formalized a $1 billion partnership focusing on mechanized farming, training, and service hubs across Nigeria.
The agreement, signed in Abuja during Brazilian VP Geraldo Alckmin’s visit, also covers energy—including gas, refining, and renewables—and defence cooperation. Vice‑President Shettima described it as a milestone in Nigeria’s transition from subsistence to commercial agriculture.
The deal supports President Tinubu’s vision of a $1 trillion economy by 2030.
Adedayo Obadina
Talksocialtalks
