On Tuesday, the Federal Government signed a significant $1 billion Memorandum of Understanding with Brazil focused on an agricultural mechanisation initiative aimed at enhancing food production within the country.
Gatekeepers News reports that President Bola Tinubu made this announcement during a statement welcoming Brazil’s Vice President, Geraldo Alckmin, alongside his wife, Maria Lúcia Alckmin, and members of the Brazilian delegation to Nigeria for a three-day state visit.
The primary goal of this visit is to strengthen bilateral relations between Nigeria and Brazil. During this time, more than 30 Memoranda of Understanding are expected to be signed, encompassing a wide range of strategic sectors. These include defence and security cooperation, agricultural technology transfer, energy collaboration, cultural and educational exchange programs, as well as trade facilitation and industrial development.
Tinubu noted that the discussions reaffirmed the longstanding ties between Nigeria and Brazil, characterised by their diverse democracies, and the two countries are united by shared values, historical connections, and a mutual goal of promoting inclusive, people-driven growth.
“We are exploring actionable pathways to deepen cooperation across key sectors: agribusiness and food security, trade and industrialisation, energy transition, healthcare delivery, innovation, defence, and cultural exchange.
“The landmark $1 billion Green Imperative Programme, a bilateral agricultural mechanisation initiative anchored by the Federal Ministry of Agriculture and Food Security in collaboration with Brazil’s Ministry of Foreign Affairs and private sector stakeholders, stands as a flagship of this renewed partnership,” Tinubu wrote.
According to him, the collaboration is designed to transform Nigeria’s agricultural value chain through technology transfer, capacity building, and the establishment of service centres across the country.
“We also look forward to Nigeria’s active participation at COP30 in Belém, Brazil, as both nations work to scale up collaboration on climate action, energy transition, and environmental resilience,” he noted.
From joint ventures in renewable energy to security cooperation and creative industry linkages, Tinubu said the visit marks a clear shift from goodwill to execution.
“As our Brazilian friends say, ‘Juntos somos mais fortes’, together we are stronger. Nigeria remains firmly committed to building resilient South–South partnerships anchored in mutual respect, shared prosperity, and tangible results for our citizens,” he added.
