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Green Imperative project defines new Nigeria-Brazil partnership

Green Imperative project hailed by VP Shettima as a transformative \$1bn Nigeria-Brazil partnership to drive mechanised farming and food security in Nigeria.

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Green Imperative project

Green Imperative project hailed by VP Shettima as a transformative \$1bn Nigeria-Brazil partnership to drive mechanised farming and food security in Nigeria

Green Imperative project has been hailed by Vice President Kashim Shettima as a milestone in Nigeria’s renewed bilateral partnership with Brazil, during the second Nigeria-Brazil Strategic Dialogue Mechanism held at the Presidential Villa in Abuja.

Also read: Tinubu’s second anniversary: Obasa highlights economic growth, debt repayment as successes

The \$1 billion agricultural initiative is expected to transform Nigeria’s mechanised farming sector, generate employment, and enhance national food security.

Speaking during the opening session, Shettima described the alliance between the two nations as one built not on proximity but on shared democratic values and mutual potential.

“Brazil and Nigeria are not bound by geography, but by a shared dream. Two large, diverse democracies. Two economies with immense natural and human capital. Two nations with the right to dream and the ability to build,” he said.

The **Green Imperative project**, jointly developed by Nigeria and Brazil, will deliver farming equipment, training centres, and service hubs across the country. Shettima said it is a key part of Nigeria’s agricultural transformation plan.

“This project will create jobs, raise productivity, and help secure Nigeria’s ambition to feed itself and others. The Green Imperative is a flagship of this partnership, and one we are determined to deliver.”

He reaffirmed the Tinubu administration’s resolve to implement reforms that restore investor confidence and drive long-term growth. “Fuel subsidies have been removed.

The exchange rate has been unified. A new business facilitation regime has come into force. These decisions are not without cost, but they are restoring credibility to our markets and discipline to public finance,” Shettima noted.

The Vice President outlined Nigeria’s ambition to become a trillion-dollar economy by 2030, with strategic reforms in agriculture, energy, education, and public finance. He invited Brazil to partner in areas such as biofuels, renewable energy, and climate action.

The session produced seven signed Memoranda of Understanding (MoUs), including agreements on defence cooperation, energy, counter-narcotics, audiovisual exchange, tourism, and livestock. Among them was an Addendum to the Strategic Dialogue Mechanism, reaffirming the framework for deepening cooperation.

Brazilian Vice President Geraldo Alckmin praised the growing partnership. “It is with great satisfaction that we witness the important results achieved in several fronts of cooperation,” he said, adding that Nigeria’s participation in Brazil’s food security initiatives signals meaningful progress. He also invited Nigeria to join COP30 in Belém, highlighting Brazil’s global role in the green economy.

Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, described the dialogue as the dawn of a new era, grounded in decades of diplomatic friendship and growing people-to-people ties.

Other key ministers echoed calls for enhanced cooperation in defence and food security, pointing to the strategic dialogue as a credible path to peace, prosperity, and sustainable development.

Vice President Shettima urged both nations to move beyond ceremonial agreements and focus on tangible outcomes. “Let this Strategic Dialogue Mechanism not be remembered as a formal reunion, but as a decisive pivot—from aspiration to execution, from promise to proof,” he concluded.

Also read: June 12: True federalism remains Nigeria’s only path to becoming economic, political giant

The high-level event drew ministers from trade, innovation, culture, power, health, livestock, and agriculture, along with several Nigerian state governors—demonstrating a whole-of-government commitment to the Green Imperative and broader Nigeria–Brazil ties.

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Security Expert Commends US Intelligence Efforts Against Terrorism in Africa

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US Counterterrorism strategy Africa Sahel praised by a security expert for intelligence-led operations targeting extremist networks in West Africa

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Ogun CSO Urges Urgent Healthcare and Infrastructure Reform

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Ogun State Healthcare infrastructure development is urged by a CSO calling for improved hospitals, roads and transparency in governance across the state

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No Economy Can Prosper Without Strong Institutions” — Obasa Tells Global Investors

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Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has declared that no economy can attain enduring prosperity without strong institutions and strategic collaboration between government and private capital.
Delivering a keynote on the theme “Legislative Leadership and the Role of Global Private Capital in Modern Economic Growth,” at the HOC Capital Club in Lekki on Saturday, May 16, Obasa told investors, policymakers, and diplomats that global private capital thrives only where laws are clear, governance is accountable, and policies are consistent.

He emphasized that legislative leadership is central to building such an environment, noting that the Assembly’s constitutional mandate — particularly its control over public funds and oversight powers — is designed to safeguard transparency and strengthen investor trust.

“All the money that comes into the treasury must be legislated upon by the House for transparency. The power of the purse is the most effective weapon for the people’s representatives to control government spending,” he said.
Speaker Obasa stressed further that credible institutions, rule of law, and regulatory predictability are essential to attracting quality investments. However, he noted that while attracting capital is vital, growth must deliver tangible social benefits including job creation, poverty reduction, and improved public services.
He went on to spotlight landmark laws under his stewardship that have reshaped the state’s investment climate, including the Public Procurement Law (2021), Public-Private Partnership Law (2011/2015), and the Electric Power Sector Reform Law (2024). He also pointed to property protection frameworks and the ₦4.44 trillion “Budget of Shared Prosperity” for 2026 — which allocates over 52% to capital expenditure — as deliberate pointers to Lagos’ readiness for global capital inflows.

He further highlighted initiatives such as the Sovereign Wealth Fund, harmonization of taxes, and the proposed Railways Corporation Bill (2025) as evidence of Lagos’ legislative foresight and long-term economic vision.

Speaker Obasa concluded by stressing that the future of growth will depend on the quality of leadership in public institutions and the confidence inspired in the global investment community.

“Together, we can unlock the full potential of Lagos, strengthen Africa’s economic future, and establish a new benchmark for economic and diplomatic engagement on the global stage,” he declared, leaving investors with a clear message: Lagos is ready to lead, and the world is invited to invest in its promise.

The HOC Capital Club in Lekki is an exclusive private capital and global advocacy network, designed for ultra-high-net-worth individuals (UHNWIs) with verified second citizenships and a minimum net worth of $2 million. It serves as a hub where wealth, influence, and policy intersect, connecting investors, policymakers, and global citizens across continents.

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