Nigeria launches $500m farm fund to drive food security
Speaking at an investment summit for the region in Abuja, Shettima said the fund would invest in areas including aquaculture, palm oil, and marine resources, leveraging financing from multilateral lenders and private investors.
Nigeria has launched a $500 million agriculture investment fund for the oil-producing Niger Delta region, seeking to raise food output, attract private investment and strengthen food security, Vice President Kashim Shettima said on Wednesday.
The fund will operate as a commercial, returns-driven investment vehicle spanning crops, livestock, fisheries and marine resources.
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