The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth. Senior Special Assistant to The President on Media & Communications, Stanley Nkwocha, in a statement, said the initiative will align agricultural efforts across all government tiers through real-time data analytics.

Nkwocha quoted Vice President Kashim Shettima as saying, “The Green Imperative Project (GIP) is an idea whose time has come. It has been in the incubation period for several years, and now it is coming to fruition; we have to get it right.” Shettima emphasized the need for the success of the initiative, saying, “We have had many interventions in this country in the past. We must make this work, and it’s the states that will drive the process.”

The Green Imperative Project is a $1.1 billion initiative aimed at modernising 774 mid-sized Nigerian farms with Brazilian agricultural technologies, creating jobs and boosting productivity across the nation. Nkwocha also revealed that President Bola Ahmed Tinubu has approved ₦15 billion for the National Emergency Management Agency to prepare for floods as the rainy season kicks in.

According to Nkwocha, Marion Moon, Technical Assistant to the President on Agriculture and Executive Secretary of the Presidential Food Systems Coordinating Unit, explained that NAPM aims to address challenges of high food inflation and agricultural yields that lag 60 per cent behind global averages. The pilot survey for NAPM has been completed across 13 states, with a full launch planned for June 2025.