• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Tuesday, July 15, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

FG To Launch $1.1B NAPM Initiative To Stabilize Food Prices

Ojimaojo Abubakar by Ojimaojo Abubakar
April 26, 2025
in Business
0
Over One Million Nigerians Impacted by Severe Food Crisis – World Bank Report
0
SHARES
8
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth.

The NAPM is part of broader initiatives aimed at transforming the country’s agricultural sector through data-driven policies and public-private partnerships.

RelatedPosts

PIA Attracted $16bn, N50.8tr Crude Revenue — Reps

SEC warns Nigerians against Forsman & Bodenfors for fraudulent activities

Air Peace Set to Launch Direct Flights to Brazil

Speaking on Friday in Abuja during a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee at the Presidential Villa, Abuja, Vice President Kashim Shettima said the initiative will align agricultural efforts across all government tiers through real-time data analytics.

“The Green Imperative Project (GIP) is an idea whose time has come. It has been in the incubation period for several years, and now it is coming to fruition; we have to get it right.

“We have had many interventions in this country in the past. We must make this work, and it’s the states that will drive the process,” the Vice President said.

Signed between Nigeria and Brazil on March 17, 2025, the Green Imperative Project (GIP) is a $1.1 billion initiative aimed to modernise 774 mid-sized Nigerian farms with Brazilian agricultural technologies, creating jobs and boosting productivity across the nation.

VP Shettima further said President Bola Tinubu has approved ₦15 billion for the National Emergency Management Agency (NEMA) to prepare for floods as the rainy season kicks in.

“This is one of the first proactive decisions by the government to prepare for the flooding season,” the Vice President noted.

ALSO READ:  Economic Brainstorming: Tinubu, Shettima, Akpabio, And Governors Collaborate

Earlier, the Technical Assistant to the President on Agriculture and Executive Secretary of PFSCU, Marion Moon, explained that NAPM aims to address challenges of high food inflation and agricultural yields that lag 60 per cent behind global averages.

She revealed that the pilot survey for NAPM has been completed across 13 states, with a full launch planned for June 2025.

The NAPM, supported by data analytics partnerships and a digital platform under development, is designed to tackle food inflation, inefficient subsidies, and outdated farming practices, to give the country a unified framework to optimise public spending and drive sustainable rural development.

Those present at the meeting included Governors of Jigawa State, Umar Namadi, and Ekiti State, Biodun Oyebanji; Deputy Governors of Borno State, Umar Kadafur, and Ebonyi State, Patricia Onyemaechi Obila.

Others are Minister of Agriculture and Food Security, Senator Abubakar Kyari; Minister of State for Agriculture and Food Security, Aliyu Abdullahi; Permanent Secretary of the Federal Ministry of Finance; heads of agriculture and manufacturing private sector players, and international development partners.

Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

PIA Attracted $16bn, N50.8tr Crude Revenue — Reps

PIA Attracted $16bn, N50.8tr Crude Revenue — Reps

by Ojimaojo Abubakar
July 15, 2025
0

The House of Representatives states that the enactment of the Petroleum Industry Act (PIA 2021) has yielded remarkable results, with...

SEC warns Nigerians against Forsman & Bodenfors for fraudulent activities

SEC warns Nigerians against Forsman & Bodenfors for fraudulent activities

by Ojimaojo Abubakar
July 14, 2025
0

By Abubakar Yunusa The Securities and Exchange Commission (SEC) has warned Nigerians about the activities of Forsman & Bodenfors Limited,...

Air Peace Set to Launch Direct Flights to Brazil

Air Peace Set to Launch Direct Flights to Brazil

by Nathaniel Irobi
July 14, 2025
0

The Nigerian federal government has given the green light for Air Peace, the nation's leading airline, to commence direct flights...

Recommended

Plateau Bleeds Again: Vigilante Death Toll Surpasses 70 in Bandit Clash

Plateau Bleeds Again: Vigilante Death Toll Surpasses 70 in Bandit Clash

6 days ago
APC Better Party; PDP Has no Strong Grassroots Structure in Lagos – Jandor

APC Better Party; PDP Has no Strong Grassroots Structure in Lagos – Jandor

3 days ago

Popular News

  • CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    0 shares
    Share 0 Tweet 0
  • Bwari Council Chairmanship Aspirant, Dara, Dumps Labour Party Over Suspected Foul Play In Primaries

    0 shares
    Share 0 Tweet 0
  • Innoson, Ibeto, Apostle Alozie To Honour Archbishop Emma David At Golden Jubilee Celebration

    0 shares
    Share 0 Tweet 0
  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Bannon Tried to Use Iran Strike to Split the GOP Says Former Counselor to Jared Kushner, Eliyahu Okkon, Esq.

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (742)
  • Education (217)
  • Entertainment (310)
  • Health (194)
  • National (2,193)
  • News (8,191)
  • Opinion (300)
  • Politics (1,626)
  • Science (15)
  • Security (405)
  • Sports (439)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform