Nigeria and Brazil have officially signed the commercial phase of the $1.1 billion Green Imperative Project (GIP), a landmark initiative to enhance food security, increase agricultural productivity, and drive private-sector investment in Nigeria.
According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media & Communications (Office of the Vice President), the GIP is Africa’s largest agricultural project. It focuses on sustainable, low-carbon agriculture to improve food production efficiency.
The Memorandum of Understanding (MoU) for GIP was initially signed in 2018. The project is part of a broader $8 billion investment, including a $4.3 billion phase 2 and a $2.5 billion JBS agreement signed in Brazil during President Bola Tinubu’s visit last year.
At the signing event in Abuja, Vice President Kashim Shettima emphasized that the GIP aligns with President Tinubu’s eight-point agenda and represents a crucial step toward economic growth and investor confidence.
“As we address food security challenges, it is vital to leverage initiatives like GIP to ensure policy continuity and strategic economic opportunities,” Shettima stated. He highlighted that the project will connect small-scale farmers with agricultural value chains, addressing Nigeria’s long-standing challenge of low agricultural productivity.
Brazilian Ambassador to Nigeria, Carlos Garcete, described the project as a major achievement after years of negotiations. He noted that GIP will facilitate the importation and local assembly of agricultural equipment, ensuring that repairs and maintenance can be handled by trained Nigerian personnel.
Jigawa State Governor Umar Namadi and Benue State Governor Rev. Fr. Hyacinth Alia expressed their enthusiasm for the project, recognizing its potential to transform agriculture at both national and sub-national levels. Alia, representing Benue, the “food basket of the nation,” assured full support for its success.
Foreign Affairs Minister Yusuf Tuggar lauded the agreement as an example of South-South cooperation, drawing inspiration from Brazil’s agricultural transformation. He emphasized Nigeria’s commitment to replicating Brazil’s success in making arid lands highly productive.
The signing of the commercial phase of the Green Imperative Project marks a significant step toward Nigeria’s agricultural revolution, ensuring food security and economic growth for the country.