Skip to content
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
logo11_prev_ui
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
Download Magazine
FG Launches $1.1B Initiative To Stabilize Food Prices
  • April 26, 2025
  • Unity Times
foodstuff (1)

The Tinubu-led 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.

Grow your business with us

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.

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.

About The Author

Unity Times

See author's posts

Previous
Next
Share the Post:
Grow your Business
Grow your business with Us
ads
Subscription Ads
Related Posts
Peter-Obi-and-Kwankwaso (1)

OBI OPENS 2027 CAMPAIGN WITH A PROMISE TO “RESET NIGERIA,” CHALLENGES POLITICIANS TO DEFEND THEIR RECORDS

NDC presidential candidate puts security, production, human capital and accountable governance at the heart of his campaign Anietie

Read More
World-Bank (1)

World Bank Targets 90 Million Nigerians In Push For Electricity And Digital Access

Power deficit and weak broadband remain major barriers to Nigeria’s productivity ambitions ABUJA — For millions of Nigerians,

Read More
NDLEA (1)

NDLEA Fights For Custody Of 10 Suspects In ₦480bn Ogun Meth Lab Case

Three Mexicans and seven Nigerians face charges over alleged industrial-scale drug production LAGOS — The National Drug Law

Read More

Join Our Newsletter

logo11_prev_ui
Unity Times
Facebook-f Twitter
  • OBI OPENS 2027 CAMPAIGN WITH A PROMISE TO “RESET NIGERIA,” CHALLENGES POLITICIANS TO DEFEND THEIR RECORDS

    OBI OPENS 2027 CAMPAIGN WITH A PROMISE TO “RESET NIGERIA,” CHALLENGES POLITICIANS TO DEFEND THEIR RECORDS

    August 21, 2026 Breaking News, National, News, Politics
  • World Bank Targets 90 Million Nigerians In Push For Electricity And Digital Access

    World Bank Targets 90 Million Nigerians In Push For Electricity And Digital Access

    August 21, 2026 Breaking News, Business, International News, National, News
  • NDLEA Fights For Custody Of 10 Suspects In ₦480bn Ogun Meth Lab Case

    NDLEA Fights For Custody Of 10 Suspects In ₦480bn Ogun Meth Lab Case

    August 21, 2026 Breaking News, Business, Law, National, News
Get In Touch

Block 4, Wuse ll,

Abuja Nigeria

  • Email: office@unitytimesonline.com
  • Phone:
  • Hours: Mon-Fri 9:00AM - 5:00PM

© 2026 All Rights Reserved.