Nigeria has secured a $3m investment agreement for a climate-smart greenhouse farming project in Kano State as part of efforts to attract private-sector investment, strengthen food security and promote sustainable agricultural production.
At the ongoing COP31 climate summit in Türkiye on Wednesday, the Minister of Agriculture and Food Security, Abubakar Kyari, witnessed the signing of a memorandum of understanding for a pilot greenhouse project under the Special Agro-Industrial Processing Zones programme.
The $3m Kano project will bring together the Bank of Agriculture, the SAPZ programme and Turkish firm, Direkci Group, to deploy about 1,000 climate-adapted greenhouses for tomato production.
Under the arrangement, the Bank of Agriculture will provide $1.5m to establish a structured financing mechanism for participating farmers, while Direkci Group will contribute another $1.5m in private-sector financing, alongside greenhouse technology, engineering, installation and technical support.
Kyari described the agreement as more than a memorandum of understanding, saying it was
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