The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon inject 1.1 billion dollars into Nigeria’s agriculture.
The envoy said on Thursday night in an interview with News Agency of Nigeria (NAN) in Abuja that an agreement between Brazil and Nigeria on that would be concluded by the end of October.
The ambassador spoke at a dinner to sensitise Nigerians to an agriculture programme – Agritech Nigeria – organised by the Osun Government.
According to him, Brazil will help to transform Nigeria’s agriculture with the fund by establishing tractor assembly plant in Bauchi State.
He said that sustainable use of tractors and modern technology for farming in Nigeria would boost productivity.
He added that mechanised agriculture would enhance value addition, food systems development and other opportunities for farmers. Read more