Vice-President Kashim Shettima has announced that Nigeria has committed $538.05 million to the first phase of the Special Agro-Industrial Processing Zones (SAPZ) programme.
Speaking at the UN Food Systems Summit in Addis Ababa, Shettima said the initiative—launched with support from the African Development Bank, IFAD, and the Islamic Development Bank is designed to drive agro-industrialisation, reduce post-harvest losses by 80%, and generate over 785,000 jobs, with a $1 billion investment target by 2027.
He highlighted the Federal Government's actions under President Tinubu, including the reactivation of 500,000 hectares of farmland, deployment of food reserves, and expansion of seed and extension services.
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Shettima stressed the role of youth in Africa's food systems and called for reforms in security, sustainable irrigation, and international collaboration to recharge the Lake Chad Basin.
"Food security is the trust anchor of peace," he said, urging proactive climate action, school feeding in conflict zones, and a national farm database to build long-term resilience.
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