The Federal Government has introduced the third National Agrifood Systems Investment Plan (NASIP 2025–2027) to strengthen food security and transform agriculture. The plan, aligned with the African Union’s CAADP framework, is designed to guide investments, close financial gaps, and create new opportunities for farmers, agribusinesses, and SMEs.
Key initiatives include the Renewed Hope Mechanisation Programme, which has deployed 2,000 tractors to boost crop production, the recapitalisation of the Bank of Agriculture with ₦1.5 trillion for affordable credit, and the creation of the National Agricultural Development Fund.
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Stakeholders stressed that smallholder farmers, women, and youth must be at the centre of the new plan, ensuring inclusivity and better access to finance, land, and markets. For SMEs, the framework opens up avenues in mechanisation, agro-processing, and input supply, helping them tap into a more structured and supportive agribusiness ecosystem.
