Public institutions
Financial institutions and regulators
Market institutions
Data and advisory
International programmes and credit lines
The World Bank finances ACReSAL (US$700 million, approved 2021), L-PRES (US$500 million, 2022), SPIN (US$500 million, 2024), the RAAMP scale-up (US$500 million, 2024) and AGROW (US$500 million, March 2026), and a US$500 million additional financing for ACReSAL was in the pipeline in October 2026717211737475. These are commitments at approval. The African Development Bank finances the agro-industrial processing zones and NAGS-AP, IFAD the Value Chain Development Programme, and the Green Climate Fund multi-country agriculture projects76777879.
| Programme / facility | Funder | Partner | Amount | Date | Focus |
|---|---|---|---|---|---|
| Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL, P175237) | World Bank (IDA) | Federal Ministry of Environment, with the ministries of water resources and of agriculture | US$700 m | Approved 14 Dec 2021, closing 31 Mar 2028 | Sustainable landscape management and climate resilience in 19 northern states and the FCT71. Additional financing of US$500 million was in the pipeline with a planned Board date of 6 November 2026 and was not approved on 19 October 202671. |
| Livestock Productivity and Resilience Support Project (L-PRES, P160865) | World Bank (IDA) | Federal Government (livestock) | US$500 m | Approved 18 Mar 2022, closing 31 Mar 2028 | Aims to improve productivity, commercialisation and resilience of targeted livestock production systems72. |
| Sustainable Power and Irrigation for Nigeria (SPIN, P179684) | World Bank (IDA) | Federal Ministry of Water Resources | US$500 m (project cost US$700 m) | Approved 26 Sep 2024, closing 31 Dec 2029 | Improves utilisation and safety of existing storage and strengthens institutions for irrigation and hydropower11. |
| Rural Access and Agricultural Marketing Project and Scale Up (RAAMP, P163353 and P180640) | World Bank (IDA) | Federal Ministry of Agriculture and participating states | US$280 m (2020) and US$500 m (2024) | Approved 18 Feb 2020 and 13 Dec 2024 | Rural roads and agricultural marketing in participating states, with the first project closing on 31 December 2027 and the scale-up on 31 December 20308073. |
| Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW, P510848) | World Bank (IDA) | Federal Government | US$500 m | Approved 30 Mar 2026, closing 30 Jul 2032 | A value chain operation aligned with the Agriculture Promotion Policy and NATIP. These are commitments, not disbursements74. |
| Fostering Inclusive Finance for MSMEs (FINCLUDE, P511062) | World Bank (IBRD and IDA) | Development Bank of Nigeria and Impact Credit Guarantee Limited | US$500 m | Approved 19 Dec 2025, closing 30 Jun 2031 | Provides subordinated capital to participating financial institutions and an MSME investment fund through the DBN platforms, not specific to agriculture81. |
| Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS, P148616) | World Bank (IDA) | Federal Ministry of Agriculture and participating states | US$200 m | Approved 23 Mar 2017, closed 30 Sep 2023 | Supported the productivity of small and medium-scale farmers and value addition in priority value chains82. |
| NG-CARES (P174114) | World Bank (IDA, Program-for-Results) | Federal CARES Support Unit and states | US$750 m at approval (US$997 m with additional financing) | Approved 14 Dec 2020, closing 30 Jun 2028 | Livelihood support, food security services and grants for poor and vulnerable households and firms83. |
| National Agricultural Growth Scheme-Agro-Pocket (NAGS-AP) | African Development Bank | Federal Ministry of Agriculture and Food Security | US$134 m (2022) and US$200 m (phase two, 2026) | Approved 15 Jul 2022 and announced 13 Feb 2026 | Input support for wheat, rice, maize, sorghum and soybean growers delivered electronically through agro-dealers8477. The ministry reported 107,429 wheat farmers supported in the 2023/2024 dry season, and the second phase runs for four years from March 20268577. |
| Special Agro-Industrial Processing Zones, phase one | African Development Bank and Africa Growing Together Fund | Federal Government, seven states and the FCT | US$210 m (AfDB US$160 m, AGTF US$50 m) | Approved 13 Dec 2021 | Agro-industrial processing zones with co-financing from other partners of US$538.05 million and targets of 1.5 million households and 400,000 direct jobs76. |
| Value Chain Development Programme (VCDP) | IFAD | Federal Ministry of Agriculture, nine states | US$329.5 m (as proposed with the 2019 additional financing) | Approved 2012, additional financing 2018 and 2019, loan closing proposed for 30 Jun 2025 | Value chain development in Anambra, Benue, Ebonyi, Enugu, Kogi, Nasarawa, Niger, Ogun and Taraba, grown from US$104.8 million at approval8678. The 2019 memorandum gives the original financing as US$101.6 million (paragraph 21), against US$104.8 million in the 2012 report78. The follow-on Value Chain Programme in Northern Nigeria (US$158.15 million with AFD co-financing) was submitted to the IFAD Board in September 202487. |
| GCF FP268, Scaling-Up Resilience in Africa's Great Green Wall (SURAGGWA) | Green Climate Fund | FAO, eight countries | US$150 m GCF, of which US$37.5 m allocated to Nigeria | Approved 3 Jul 2025 | Grant-financed resilience programme in Great Green Wall countries, 6% disbursed by October 20268879. |
| GCF FP183, Inclusive Green Financing Initiative (IGREENFIN I) | Green Climate Fund | IFAD, 13 countries | US$116.9 m GCF, of which US$9.0 m allocated to Nigeria | Approved 29 Mar 2022 | Greens agricultural lending through banks in Great Green Wall countries, 4% disbursed by October 20268979. |
| Transforming Irrigation Management in Nigeria (TRIMING, P123112) | World Bank (IDA) | Federal Ministry of Water Resources | US$495.3 m at approval (US$504.3 m current) | Approved 19 Jun 2014, closed 30 Jun 2025 | Irrigation management project with a total cost of US$560.3 million90. |
| Third National Fadama Development Project (Fadama III, P096572) | World Bank (IDA) | National Fadama Coordination Office | US$250 m, plus US$200 m (2013) and US$50 m (2016) additional financing | Approved 1 Jul 2008, closed 31 Dec 2019 | Third phase of the National Fadama Development programme, with a total project cost of US$450 million91. |
| Commercial Agriculture Development Project (CADP, P096648) | World Bank (IDA) | Federal Ministry of Agriculture | US$150 m | Approved 15 Jan 2009, closed 31 May 2017 | Commercial agriculture project with a total cost of US$185 million92. |
National programmes
| Programme / facility | Funder | Partner | Amount | Date | Focus |
|---|---|---|---|---|---|
| Anchor Borrowers' Programme (wound down) | Central Bank of Nigeria | Anchor companies and participating financial institutions | NGN 1,067.29 bn disbursed to October 2022 (cumulative) | Guidelines revised September 2021, no disbursement July 2024βJune 2025 | Linked smallholders with anchor companies through loans in kind and cash, reaching over 4.6 million farmers by October 20222993. The CBN recorded no disbursement and repayments of NGN 17.31 billion (own sum) in July 2024βJune 202594. |
| Guaranteed Minimum Price Programme | Bank of Agriculture | NCX, AFEX, AFAN and the agriculture ministry | NGN 200 bn (announced) | Launched 8 Sep 2026 | Aims to aggregate at least 500,000 tonnes of grain (maize, rice, sorghum and soybeans among the crops cited) through warehouse receipts. The amount is an announced envelope38. |
| Renewed Hope National Agricultural Mechanization Program | Bank of Agriculture with Heifer Nigeria | Farmers and service providers | 2,000 tractors and 9,000 implements | From 2025 | Tractors and implements on a 10β25% down payment with repayment over 3β5 years95. The ministry states that 2,000 tractors and implements were commissioned96. |
| Renewed Hope Smallholder Support and Value-Chain Fund | Bank of Agriculture | Farmer aggregator companies, NIRSAL, AFAN | Not stated | 2026 | Credit for smallholders through aggregator companies with an NIRSAL letter of intent to guarantee, and a dry-season partnership with AFAN targeting 400,000 farmers97. |
| Presidential Fertiliser Initiative | Federal Government through NSIA | Blending plants | Over 30 million bags of NPK in the first four years (NSIA) | Restructured from the 2021 cycle | NSIA reports 41 blending plants resuscitated from 4 at inception98. No newer official output figure was found. |
| Sovereign green bond programme | Federal Government (DMO) | Federal Ministry of Environment | NGN 10.69 bn (2017), NGN 15 bn (2019), NGN 47.355 bn (2025) | 2017β2025 | Of the 2019 bond, NGN 600 million financed agroforestry and conservation agriculture demonstrations in ten states, completed in December 20219957. |
Sources cited on this page
- Federal Ministry of Agriculture and Food Security, home page (web page) β Federal Ministry of Agriculture and Food Security (FMAFS)landing page verified
- Statement by the Honourable Minister of Agriculture and Food Security, Senator Abubakar Kyari, on the killing of farmers in Marte, Borno State (web page, 4 October 2026) β Federal Ministry of Information and National Orientationverified
- National Agri-Food Systems Investment Plan (NASIP) 2026-2027 (PDF) β Federal Ministry of Agriculture and Food Security (FMAFS)verified
- National Fertilizer Quality (Control) Act, 2019 (Act No. 23), Official Gazette Extraordinary No. 115, Vol. 106, 18 December 2019 (PDF) β Federal Republic of Nigeria, via FAOLEXverified
- 2026 Appropriation Bill FINAL (PDF) β Budget Office of the Federationverified
- President Tinubu inaugurates committee on implementation of livestock reforms (web page, 9 July 2024) β State House, Presidency of Nigeriaverified
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- Land Use Act, Chapter L5, Laws of the Federation of Nigeria 2004 (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- Federal Ministry of Water Resources and Sanitation, home page (web page) β Federal Ministry of Water Resources and Sanitationlanding page verified
- Sustainable Power and Irrigation for Nigeria (SPIN), P179684 (project page) β World Bankverified
- National Agricultural Seeds Council Act, 2019 (Act No. 21), Official Gazette Extraordinary No. 142B, Vol. 106, 16 September 2019 (PDF) β National Agricultural Seeds Council (NASC), copy of the Official Gazetteverified
- Plant Variety Protection Act, 2021 (Act No. 5), Official Gazette Extraordinary No. 84, Vol. 108, 26 May 2021 (PDF) β Federal Republic of Nigeria, via FAOLEXverified
- Nigeria Agricultural Quarantine Service (Establishment) Act, 2018 (PDF) β Federal Republic of Nigeria, via FAOLEXverified
- Laws and regulations (web page) β Nigeria Agricultural Quarantine Service (NAQS)landing page verified
- About NAFDAC (web page) β National Agency for Food and Drug Administration and Control (NAFDAC)verified
- National Council on Climate Change, home page (web page) β National Council on Climate Change (NCCC)landing page verified
- Climate Change Act, 2021 (PDF, certified copy with presidential assent) β Federal Republic of Nigeria, via the Nigerian Federal Government repositoryverified
- President Tinubu Appoints Omotenioye Majekodunmi As Director-General of the National Council on Climate Change (press release, 31 July 2025) β State House, Presidency of Nigeriaverified
- Ahead Of UN COP 30 In Brazil, FG Okays National Carbon Market Framework (web page, 30 October 2025) β Federal Ministry of Information and National Orientationverified
- NEMA home page (web page) β National Emergency Management Agency (NEMA)landing page verified
- Nigeria Flood Impact, Recovery and Mitigation Assessment Report 2022-2023, Final Report (PDF) β National Bureau of Statistics (NBS), National Emergency Management Agency (NEMA) and UNDP Nigeriaverified
- Nigerian Export Promotion Council Act (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- NEPC home page (web page) β Nigerian Export Promotion Council (NEPC)landing page verified
- Federal Produce Inspection Service, home page (web page) β Federal Produce Inspection Service (FPIS)landing page verified
- Produce (Enforcement of Export Standards) Act (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- Monetary Policy Decisions, key decisions of the Monetary Policy Committee (web page) β Central Bank of Nigeria (CBN)verified
- Monetary Policy CommuniquΓ© No. 155, 26 November 2024 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Revised Anchor Borrowers' Programme Guidelines, revised September 2021 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Keynote address by Olayemi Cardoso, Governor, at the CIBN 58th Annual Bankers' Dinner, 24 November 2023 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Agricultural Credit Guarantee Scheme Fund Act (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- Secured Transactions in Movable Assets Act, 2017 (Act No. 3), Official Gazette Extraordinary No. 58, Vol. 104, 31 May 2017 (PDF) β Federal Republic of Nigeria, via the Gazettes.Africa archiveverified
- Banks and Other Financial Institutions Act, 2020 (Act No. 5), Official Gazette Extraordinary No. 183, Vol. 107, 17 November 2020 (PDF) β Federal Republic of Nigeria, via the Gazettes.Africa archiveverified
- About BOA (web page) β Bank of Agriculture Limited (BOA)verified
- Our management (web page) β Bank of Agriculture Limited (BOA)verified
- Consolidated and Separate Financial Statements for the year ended 31 December 2022, Notes 18 and 21 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Appropriation Act, 2025 (Repeal and Enactment) Bill 2025 (PDF) β Budget Office of the Federationverified
- BOA Launches N200bn Guaranteed Minimum Price Programme (press release, 8 September 2026) β Bank of Agriculture Limited (BOA)verified
- IMF, Exchange Rates (ER) dataset β Nigeria, domestic currency per US$ (end of period and period average) β International Monetary Fund (IMF), Statistics Departmentverified
- Who we are, overview, and Impact in numbers (web pages) β NIRSAL Plcverified
- NIRSAL Plc home page (web page) β NIRSAL Plclanding page verified
- Impact in numbers (web page) β NIRSAL Plcverified
- 2024 Statistical Bulletin, Real Sector, Tables C.3.1 and C.3.6 ACGSF operations (XLSX, December 2025) β Central Bank of Nigeria (CBN)verified
- NAIC, Our Act (web page) β Nigerian Agricultural Insurance Corporation (NAIC)verified
- Audited financial statements for the year ended 31 December 2023 (PDF) β Nigerian Agricultural Insurance Corporation (NAIC)verified
- Who we are (web page) β Development Bank of Nigeria Plc (DBN)landing page verified
- Integrated and Statutory Report 2025 (PDF) β Development Bank of Nigeria Plc (DBN)verified
- Development Finance Project (Nigeria), P146319 (Projects API, JSON) β World Bankverified
- Agriculture's Missing Capital, DBN Data Story (web page, August 2026) β Development Bank of Nigeria Plc (DBN)verified
- NAICOM home page (web page) β National Insurance Commission (NAICOM)landing page verified
- Nigerian Insurance Industry Reform Act, 2025 (Act No. 14), Official Gazette Extraordinary No. 146, Vol. 112, 29 August 2025 (PDF) β National Insurance Commission (NAICOM), copy of the Official Gazetteverified
- Bulletin of the Insurance Market Performance Q4 2025 (PDF) β National Insurance Commission (NAICOM)verified
- Investments and Securities Act, 2025 (Act No. 2), Official Gazette Extraordinary No. 19, Vol. 112, 2 May 2025 (PDF) β Securities and Exchange Commission Nigeria (SEC), copy of the Official Gazetteverified
- Guidelines on Sustainable Financial Principles for the Nigerian Capital Market, April 2021 (PDF) β Securities and Exchange Commission Nigeria (SEC)verified
- Listing of the Access Bank PLC Climate Bond Certified Green Bond, and FMDQ Green Exchange (web page) β FMDQ Securities Exchangeverified
- Green Bond document folder (web page) β Debt Management Office Nigeria (DMO)landing page verified
- Sovereign Green Bond Offer Closes with N91.42 Billion in Total Subscriptions (press release, PDF, 19 June 2025) β Debt Management Office Nigeria (DMO)verified
- About us (web page) β Nigeria Commodity Exchange Plc (NCX)verified
- Rebasing of Gross Domestic Product (GDP), Key Highlights (PDF, 2025) β National Bureau of Statistics (NBS)verified
- Highlights of Consumer Price Index (CPI) Rebasing, February 2025 (PDF) β National Bureau of Statistics (NBS)verified
- National Agricultural Sample Survey (NASS) 2022/2023 Report (PDF) β National Bureau of Statistics (NBS)verified
- NBS Microdata Catalogue (web page) β National Bureau of Statistics (NBS)landing page verified
- Agricultural Research Council of Nigeria Act (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- ARCN home page (web page) β Agricultural Research Council of Nigeria (ARCN)landing page verified
- NAERLS home page (web page) β National Agricultural Extension and Research Liaison Services (NAERLS)landing page verified
- 2024 Wet Season Agricultural Performance in Nigeria, National Report, December 2024 (PDF) β National Agricultural Extension and Research Liaison Services (NAERLS) and Federal Ministry of Agriculture and Food Securityverified
- IITA home page (web page) β International Institute of Tropical Agriculture (IITA)landing page verified
- International Institute of Tropical Agriculture Act (web page) β Policy and Legal Advocacy Centre (PLAC), Laws of the Federation of Nigeria 2004verified
- FG unveils 2026 Seasonal Climate Prediction (web page, 10 February 2026) β Federal Ministry of Information and National Orientationverified
- FG Reaffirms Commitment to Flood Preparedness, Food Security at 2026 Flood Outlook Presentation (web page, 15 April 2026) β Federal Ministry of Information and National Orientationverified
- Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL), P175237, and additional financing P515456 (Projects API, JSON) β World Bankverified
- Livestock Productivity and Resilience Support Project (L-PRES), P160865 (project page) β World Bankverified
- Rural Access and Agricultural Marketing Project Scale Up (RAAMP-SU), P180640 (project page) β World Bankverified
- Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW), P510848 (Projects API, JSON) β World Bankverified
- Projects API, Nigeria, all projects (JSON) β World Bankverified
- African Development Bank loans Nigeria $210 million for Special Agro-Industrial Processing Zones (press release, 14 December 2021) β African Development Bank Group (AfDB)verified
- Nigeria, the African Development Bank Group approves $200 million to boost agricultural production and reduce food imports (press release, 13 February 2026) β African Development Bank Group (AfDB)verified
- President's memorandum, proposed additional financing for the Value Chain Development Programme, EB 2019/128/R.35 (PDF, 6 November 2019) β International Fund for Agricultural Development (IFAD)verified
- GCF public API, projects with country-level financing (JSON) β Green Climate Fund (GCF)verified
- Nigeria Rural Access and Agricultural Marketing Project (RAAMP), P163353 (project page) β World Bankverified
- Fostering Inclusive Finance for MSMEs in Nigeria (FINCLUDE), P511062 (Projects API, JSON) β World Bankverified
- Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS), P148616 (project page) β World Bankverified
- Nigeria Community Action (for) Resilience and Economic Stimulus Program (NG-CARES), P174114 (project page) β World Bankverified
- Nigeria, African Development Bank Board approves $134 million loan to boost local food production (press release, 18 July 2022) β African Development Bank Group (AfDB)verified
- FG secured loan facility of $134m from AfDB to assist farmers boost seeds and grain production (web page, 14 November 2024) β Federal Ministry of Agriculture and Food Security (FMAFS)verified
- President's report, proposed loan and grant for the Value Chain Development Programme, EB 2012/105/R.9/Rev.1 (PDF, 3 April 2012) β International Fund for Agricultural Development (IFAD)verified
- President's report, Value Chain Programme in Northern Nigeria (VCN), EB 2024/142/R.11/Rev.1 (PDF, 18 September 2024) β International Fund for Agricultural Development (IFAD)verified
- FP268 Scaling-Up Resilience in Africa's Great Green Wall (SURAGGWA) (web page) β Green Climate Fund (GCF)verified
- FP183 Inclusive Green Financing Initiative (IGREENFIN I) (web page) β Green Climate Fund (GCF)verified
- Transforming Irrigation Management in Nigeria (TRIMING), P123112 (project page) β World Bankverified
- Third National Fadama Development Project (Fadama III), P096572 (project page) β World Bankverified
- Commercial Agriculture Development Project (CADP), P096648 (project page) β World Bankverified
- CommuniquΓ© No. 146 of the Monetary Policy Committee, 23-24 January 2023 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Financial Stability Report, June 2025 (PDF, Internet Archive copy of the CBN file) β Central Bank of Nigeria (CBN), via the Internet Archiveverified
- Renewed Hope National Agricultural Mechanization Program (web page) β Bank of Agriculture Limited (BOA)verified
- World Food Day, FG restates commitment to food security as agric sector records 4.39% growth (press release, 16 October 2026) β Federal Ministry of Agriculture and Food Security (FMAFS)verified
- Renewed Hope Smallholder Support and Value-Chain Fund, expression of interest (web page) β Bank of Agriculture Limited (BOA)verified
- NSIA implements restructuring of the Presidential Fertiliser Initiative (PFI) (web page, 27 April 2021) β Nigeria Sovereign Investment Authority (NSIA)verified
- 2nd Green Bond Issuance Impact Report as at March 2025 (PDF, posted June 2025) β Federal Government of Nigeria (Federal Ministry of Environment and DMO)verified
For more information and suggestions, please contact serkan.veziroglu@prosperaimpact.com.