FG reinforces agricultural incentives for economic growth

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The Federal Government has reiterated its commitment to advancing sustainable agriculture through tailored incentives aimed at attracting private investment and fostering economic stability.

Minister of Agriculture, Abubakar Kyari, highlighted these incentives at the third Agribusiness Roundtable Conference held in Uyo, Akwa Ibom State.

Kyari emphasized that policies like tax holidays and exemptions are designed to create a favorable environment for domestic and international agribusiness investment.

He underscored the shift toward viewing agriculture as a business rather than solely a development program, focusing on value chain improvements that leverage Nigeria’s competitive advantages.

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Aligning with President Bola Tinubu’s vision to boost food security, Kyari noted the government’s partnership with state bodies and the private sector to equip youth and women with technical, business, and marketing skills.

The minister expressed optimism that the conference would drive growth, employment, and economic transformation.

The event, themed “Unlocking Agribusiness Opportunities for Economic Sustainability,” is gathering stakeholders, including financial institutions, farmers, and private operators, to discuss pathways for bolstering Nigeria’s agribusiness sector.


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