The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon inject 1.1 billion dollars into Nigeria’s agriculture. Naira The envoy said on Thursday night in an interview with newsmen in Abuja that an agreement between Brazil and Nigeria on that would be concluded by the end of October. The ambassador spoke at a dinner to sensitise Nigerians to an agriculture programme – Agritech Nigeria – organised by the Osun Government. According to him, Brazil will help to transform Nigeria’s agriculture with the fund by establishing tractor assembly plant in Bauchi State. He said that sustainable use of tractors and modern technology for farming in Nigeria would boost productivity. He added that mechanised agriculture would enhance value addition, food systems development and other opportunities for farmers. The ambassador said that mechanisation of agriculture would reduce hard labour and labour shortages and improve timeliness of agriculture operations. According to him, it will also improve efficiency in the use of resources, enhance market access and help in mitigating climate-related hazards. “It will also keep the youth busy because they will be employed, and create development in the area where the plant is established,” he said. He said that the package proposed by Nigeria’s Ministry of Agriculture and Rural Development would move Nigeria’s agriculture sector forward. The ambassador said that the project to be financed by the Brazilian Exim-Bank would come in three phases while the Central Bank of Nigeria would make available concessional resources through local banks. According to the envoy, the proposed term of financing is 13 years including 10 years of repayment and two years of grace. The ambassador said that under the project, Brazil would bring agriculture equipment which would create more jobs for the Nigerian youth and stabilise the agriculture sector. Bilateral relations between Nigeria, the most populous nation in Africa, and Brazil, the largest country in Latin America, dates back to 18th century. (NAN)

https://www.vanguardngr.com/2018/10/brazil-to-inject-1-1b-into-nigerian-agriculture/

Dont......unless they will be the one to monitor the spending...... Or else..... If u give a Naija man
....


It is finish......

China is injecting,
Brazil is injecting.

Las las, them go use injection kill us.

Noting will move under this present government. Even if the whole money in the world is injected into Nigeria, it would still vanish into pockets of few and buhari will still travel to China begging for loans

so they can steal our oil

Sai buhari 2023

Grayxme:
The Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo, says Brazil will soon inject 1.1 billion dollars into Nigeria’s agriculture. Naira The envoy said on Thursday night in an interview with newsmen in Abuja that an agreement between Brazil and Nigeria on that would be concluded by the end of October. The ambassador spoke at a dinner to sensitise Nigerians to an agriculture programme – Agritech Nigeria – organised by the Osun Government. According to him, Brazil will help to transform Nigeria’s agriculture with the fund by establishing tractor assembly plant in Bauchi State. He said that sustainable use of tractors and modern technology for farming in Nigeria would boost productivity. He added that mechanised agriculture would enhance value addition, food systems development and other opportunities for farmers. The ambassador said that mechanisation of agriculture would reduce hard labour and labour shortages and improve timeliness of agriculture operations. According to him, it will also improve efficiency in the use of resources, enhance market access and help in mitigating climate-related hazards. “It will also keep the youth busy because they will be employed, and create development in the area where the plant is established,” he said. He said that the package proposed by Nigeria’s Ministry of Agriculture and Rural Development would move Nigeria’s agriculture sector forward. The ambassador said that the project to be financed by the Brazilian Exim-Bank would come in three phases while the Central Bank of Nigeria would make available concessional resources through local banks. According to the envoy, the proposed term of financing is 13 years including 10 years of repayment and two years of grace. The ambassador said that under the project, Brazil would bring agriculture equipment which would create more jobs for the Nigerian youth and stabilise the agriculture sector. Bilateral relations between Nigeria, the most populous nation in Africa, and Brazil, the largest country in Latin America, dates back to 18th century. (NAN)

https://www.vanguardngr.com/2018/10/brazil-to-inject-1-1b-into-nigerian-agriculture/

To make zero profits at end


Apc and propaganda self

Always countries are injecting money into Nigeria for one reason or the other.... when will Nigeria ever inject money boast other country's economy

Great, our President said it, Nigeria will be Great again

Story,if Brazil has $1.1Billion to invest they wouldn't be wasting it on Nigeria..there are enough land to invest on in the Amazon..
Believe this cr@p and you would believe anything..#PROPAGANDA

Election money

Hold that money until the next administration before they pocket all of it

Nigeria will never stop to progress. Amen

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Ahhhhhhhhh! Stop mortgaging our unborn children future

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Abeg make them wait small ooo till we send Buhari back to daura. So Aisha and Zarah can follow start agriculture as well.

owo campaign........if don't know you don't know owo campaign........if don't know you don't know

Why not to the East where we have people that can fabricate parts of the tractors and other machinery?
Well, may be because they are not seriously into agricultural activities but prefer importation.

Don't be deceived APC lies, Buhari has gone to borrow again from Brazil.

Borrow borrow dullardious president

Brazil To Inject $1.1b Into Nigerian Agriculture

Good one by President Buhari...

But I am still Atikulating

Who say's no to an extra 8 years in the presidency

lol...... BRAZIL MAKING BOGUS PROMISE TO NIGERIA.

We should be the one investing $1.1B in Brazil

Imperialism

Wait till next govt

Bad news for wailers.

Some foools up there are celebriting beggar status

Nigeria has jumped from fry pan to fire.
First, it was a slave to the Western World and we accepted.
Next it became a market to the world and we accepted.
Now Nigeria wan turn to farmland again!
Soon other nations will start building prisons and concentration camps here.
THEN LOOK UP AND SAY "IT IS FINISHED!!!"