Nigeria, Brazil form $1.2 bln bilateral alliance on agricultural mechanisation
Published 19 Feb,2021 via BizWatchNigeria - The Nigerian government and Brazilian Government have signed a Memorandum of Understanding on a $1.2 billion loan to develop mechanized farming in the country.
The credit facility that will be provided by the Development Bank of Brazil would also support the Federal government’s drive to establish agro-processing centres across the country.
The Senior Special Assistant to President Muhammadu Buhari on Agriculture, Dr. Andrew Kwasari, made this known in Abuja on Thursday.
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