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MOFI Leads Investment Drive For Viable Crop Farming

by Adegwu John
2 months ago
in News
MOFI
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Ministry of Finance Incorporated (MOFI) is leading an investment blueprint to redefine Nigeria’s agricultural landscape through Project Integrainium, a large-scale initiative designed to overhaul crop farming and related value chains.

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Integrainium is structured to span all six geopolitical zones, starting with a flagship programme in one state per zone with plans to deploy climate-smart, region-specific models to optimise farming, post-harvest processing, distribution and exports.

At the inaugural Integrainium Investment Forum, a crop farming roundtable in Abuja yesterday, MOFI’s managing-director and CEO, Dr Armstrong Ume Takang, called for collaborative capital mobilisation to drive a nationwide agricultural renaissance.

The forum, which was held under the theme “From Seed to Shipment: Redefining the Crop Farming Value Chain,” attracted investors, policymakers, agribusiness stakeholders, and development partners.

Dr Takang highlighted agriculture as one of MOFI’s five strategic focus areas, referring to its 24 percent contribution to Nigeria’s GDP and its role in employing nearly 70 percent of the rural population.

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“Agriculture is central to our vision for economic transformation. Project Integrainium is not just an initiative but a movement to build an integrated, commercially viable agricultural ecosystem across Nigeria.

“Our ambition is to create the structures, instruments, and opportunities that can absorb private capital, institutional funding, and foreign investment. Our vision remains clear: Nigeria must feed itself, and food security is non-negotiable for national food sovereignty.

“This is a business opportunity with the potential for strong financial returns and massive social impact,” Takang said.

The MD emphasised that the initiative aligns with President Bola Ahmed Tinubu’s food security agenda, which frames agriculture as a pillar of national security.

He said that MOFI, as custodian of the federal government’s investment assets, remains confident that the initiative would create new avenues for value-driven partnerships across the private and public sectors.

MOFI’s executive director of investments, Dr Femi Ogunseinde, described Integrainnium as a coordinated platform to unite stakeholders and unlock Nigeria’s vast agricultural potential.

Ogunseinde explained that the project will use a value chain-centric model to address three key stages in the farming chain: upstream, inputs, land access and production, midstream, focusing on harvesting, storage and processing and downstream sector, including sales, marketing and distribution.

“This programme is designed to modernise and scale agriculture from fragmented subsistence practices to mechanised, commercially sustainable operations. It integrates seamlessly with complementary projects such as the Special Agro Processing Zones,” he noted.

 

 

 

 

 

 


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