I had the honour to represent the
@bankofagricng to execute a strategic Memorandum of Understanding with Brazil’s Agency for Managing Guarantee Funds and Guarantees (ABGF), represented by its Chief Executive Officer Ms. Maíra Madrid Barbosa da Silva
@MairaMadrid.
The agreement was signed at the Nigeria President’s official State Visit on Monday 25th August 2025 in the presence of H.E.
@geraldoalckmin Vice President of the Federative Republic of Brazil, Dr. Aliyu Sabi Abdullahi, CON, the Honourable Minister of State for Agriculture and Food Security, Alhaji Idi Mukhtar Maiha, the Honourable Minister of Livestock Development, Dr. Jumoke Oduwole, the Honourable Minister of Industry, Trade and Investment, Ms. Aisha Rimi
@nipcng, the Executive Secretary of the Nigerian Investment Promotion Commission, and Mr. Mohammed Abu Ibrahim, the Executive Secretary of the National Agricultural Development Fund Nadfng.
The agreement establishes a collaborative framework between the Bank of Agriculture and ABGF to jointly design and implement large-scale agricultural projects that will enhance agricultural productivity in both nations and promote bilateral trade and investment in the agriculture sector.
Under the Memorandum of Understanding, ABGF and the Bank of Agriculture will explore the establishment of a credit guarantee line for Brazilian farmers looking to develop agricultural related projects in Nigeria, in partnership with the National Agricultural Development Fund
@nadfng.
The Bank of Agriculture is immensely grateful and extends its deepest appreciation to the President of Nigeria, H.E Bola Ahmed Tinubu GCFR and the President of Brazil H.E Lula Da Silva for their unwavering support in making this partnership possible.
#BOANigeria #BankOfAgriculture #AgriculturalDevelopment #FoodSecurity #SustainableAgriculture #AgriInvestment #AgriPartnership #NigeriaXBrazil