Nigeria Signs $3m Deal for Climate-Smart Greenhouse Project in Kano
Nigeria has secured a $3 million investment agreement to develop a climate-smart greenhouse project in Kano State, as the Federal Government seeks to attract private-sector investment into agriculture.
The memorandum of understanding (MoU) was signed on Wednesday on the sidelines of the COP31 summit in Türkiye, with the Minister of Agriculture and Food Security, Abubakar Kyari, witnessing the agreement.
The pilot project will involve the deployment of approximately 1,000 climate-adapted greenhouses for tomato production under the Special Agro-Industrial Processing Zones programme.
Under the financing arrangement, the Bank of Agriculture will contribute $1.5 million to establish a structured financing mechanism for participating farmers, while Turkish firm Direkci Group will provide the remaining $1.5 million in private-sector funding.
Beyond the financial contribution, Direkci Group will also supply greenhouse technology, engineering, installation and technical support for the project.
Kyari described the agreement as a practical step towards modernising agricultural production, improving climate resilience and mobilising private capital to strengthen Nigeria’s agricultural sector.
Blessing Anolaba
Editorial & Creative Correspondent
A storyteller and journalist passionate about telling stories for policy change and impact.
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