Nigeria’s Agricultural Transformation Agenda (ATA) has
prioritized the private sector as the engine to drive the growth of the
agricultural sector, with government creating the enabling environment. This
has required the development of an effective institutional framework within the
Federal Ministry of Agriculture and Rural Development (FMARD). The Agribusiness
and Marketing Department (ABM) is the organ of government charged with the
responsibility of facilitating private sector investments in agriculture in
collaboration with Commodity Value Chain team, Regional and State Directors of
the Ministry. More specifically, the Agribusiness and Investment Division is
charged with the responsibility of facilitating business service delivery to
the private sector in collaboration with other Ministries, Department and
Agencies (MDAs) of government. Work on investment facilitation by FMARD in the
past 4 years has yielded private sector investment commitments in executed
Letters of Intent (LOI) and Memorandum of Understanding (MoU) to the tune of
$5.6 billion.
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| Cross section of AIM Group |
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