
Project
Agriculture

The Authority’s strategy for agriculture lends itself to the country’s food security programmes. In the Authority’s opinion, Nigeria has the potential to be food-secure if the following strategies are adopted and implemented: rural development, provision of easy access to basic farm inputs, adequate budgetary allocations to agriculture particularly to the food crop sub-sector, the enunciation of appropriate policies for food crop sub-sector, political stability, reduction in rural poverty, and peasant farmers education.
NSIA’s goal is to make investments that assist the country across the agriculture value chain including but not limited to direct investment in agriculture projects, manpower development, provision of affordable long-term capital and technical assistance, supporting out-grower schemes, identifying, and developing sustainable agri-based projects, development of solutions that enable standardization through commodity exchanges and provision of input material for the farmers.
Over the years NSIA has made investments in the Fund for Agricultural Finance in Nigeria (FAFIN) alongside the Federal Ministry of Agriculture and Rural Development (FMARD) and Kreditanstalt für Wiederaufbau (KfW), the German Government-owned development bank. NSIA acquired and modernised an integrated farm in Nasarawa State, Panda Agri-Novum. Regarding input, NSIA was the operating entity for the Presidential Fertiliser Initiative (PFI) through NAIC-NPK Ltd until 2021 when it was transferred to the Ministry of Finance Incorporated (MOFI).



