The National Agricultural Development Fund (NADF) is seeking to crowd-in private and institutional capital to support Nigeria’s agriculture and agribusinesses through a blended finance approach.
Mohammed Ibrahim, executive secretary of NADF, who made this known in a video address at a Blended Finance Workshop for Fund Managers in Lagos on Tuesday, stated that although agriculture is central to food security, job creation, rural livelihoods, and industrial growth, it continues to attract far less capital.
He noted that NADF believes that the challenge in the agricultural sector is not just the absence of capital but how opportunities in the sector can be structured in ways that make them more investable, bankable, and attractive to private and institutional capital.
“We want to examine the instruments, the risks, the constraints, and opportunities,” said Ibrahim, who is also the chief executive officer of NADF.
“Our intention is to make it as practical as possible
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