The federal government is set to launch the National Agribusiness Policy Mechanism to strengthen agricultural productivity, stabilize 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.
During a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee at the Presidential Villa, Abuja, Vice President Kashim Shettima noted that the initiative will align agricultural efforts across all government tiers through real-time data analytics.
The Vice President said, “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.”
VP Shettima further said President Bola Tinubu has approved ₦15 billion for the National Emergency Management Agency (NEMA) to strengthen preparations ahead of the approaching rainy season. He noted that this is one of the first proactive decisions by the government to prepare for the flooding season.
Earlier, the Technical Assistant to the President on Agriculture and Executive Secretary of PFSCU, Marion Moon, explained that NAPM is designed to tackle high food inflation and boost agricultural yields which currently lag 60 per cent behind global standards. She also disclosed that a pilot survey has been completed across 13 states with a full launch scheduled for June 2025.
The NAPM supported by data analytics partnerships and a digital platform currently in development aims to address food inflation, streamline inefficient subsidies, and modernize outdated farming practices providing Nigeria with a unified framework to optimize public spending and promote sustainable rural development.
