Federal Government of Nigeria don announce big plans to bring in $1 billion investment into agriculture sector by 2027. This plan also include creating 500,000 new jobs for Nigerians.
According to recent reports, this initiative is part of the government’s efforts to boost the economy and reduce unemployment. The agricultural sector is seen as a key area for growth and development in the country.
The government is working hard to create an environment that is conducive for investors to come in and invest in agriculture. This includes providing necessary infrastructure, policies, and support systems to help farmers and agricultural businesses thrive.
The creation of 500,000 jobs is expected to have a significant impact on the country’s employment rate, especially among the youth. It will also help in reducing poverty and improving the standard of living for many Nigerians.
This move is part of the broader strategy to diversify the Nigerian economy and reduce its dependence on oil. By investing in agriculture, the government hopes to tap into the sector’s potential for growth and development.
