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Nigeria Rallies SAPZ-2 Partners To Accelerate Agro-Industrial Growth
Nigeria Rallies SAPZ-2 Partners To Accelerate Agro-Industrial Growth
*** Innovative hubs target food security, job creation, economic diversification – VP Shettima
By: Our Reporter
The Nigerian government has called on international development partners to co-finance phase two of the Special Agro-Industrial Processing Zone known as SAPZ-2 programme to accelerate the implementation of the initiative for agro-industrial growth in the country.
This is just as Vice President Kashim Shettima has described the project as a game changer for the nation’s economy, saying accelerated implementation plan for phase one and the on-boarding of the phase-two states will enable the administration of President Bola Ahmed Tinubu to actualize its food security agenda.
The Nigeria Special Agro Industrial Processing Zones (SAPZ) programme aims to create new hubs that integrate the production, processing and distribution of targeted crops and livestock to achieve food security, increase incomes, improve livelihoods, and support economic diversification.
Speaking on Thursday during the SAPZ-2 programme co-financiers meeting held at Presidential Villa, Abuja, the Vice President said the SAPZ programme would be a win-win situation for both the Nigerian government and the development partners in meeting their development objectives and impacting livelihoods.
He said, “This meeting has become imperative to mobilize additional financing for the second phase of the programme to accommodate more States beyond the ten that has been earmarked.
“We currently have a commitment of US$600 million from AfDB through a multi-tranche financing arrangement of US$200 million/year and US$300 million from BADEA expected to be allocated on a US$100 million/year basis.”
On phase one of the initiative, VP Shettima noted that the first phase taught a lot of lessons which is helping the government to reshape the programme towards an accelerated delivery,
Noting that the whole idea will actualize the administration’s food security agenda, he said, “With the African Development Bank (AfDB), the SAPZ programme is different from any other programme and has been set on autopilot with the Design, Build and Operate (DBO) model that is set to deliver infrastructure for the processing zones by the end of 2025.
“The accelerated implementation plan for phase one and the on-boarding of the phase-two states will enable us to achieve Mr. President’s Food Security Agenda.
“The strategic focus is to set modalities for increased production and processing of Cassava, Rice, Maize, Cocoa, Tomatoes, and Livestock amongst other designated SAPZ priority crops in all the seven participating states and the FCT for this upcoming dry season”.
The VP described SAPZ as the agri-business model for Nigeria to diversify its economy through agriculture as well as a platform for development partners to deliver on their developmental objectives across the various SDGs.
He noted that the Nigerian government has made it a Presidential priority programme and has “kick-started the legal arrangement to institutionalize it as an agency of government for sustainability”.
Applauding their commitments to co-finance the initiative together with the Nigerian government, the VP commended the AfDB, the International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IsDB) for their unwavering commitment to ensuring that SAPZ programme delivers on its objective.
Earlier, National Programme Coordinator, SAPZ, Dr. Kabir Yusuf, said the project is designed to bolster Nigeria’s agro-industrial development, boost food security, create jobs, and reduce poverty, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
“The primary objective is to support sustainable and inclusive agro-industrial development through four components: infrastructure development in agro-industrial hubs, agricultural productivity, policy implementation, and program management.
“For every participating state, we first identify the crop with a competitive and comparative advantage, then support production and agro processing to reduce Nigeria’s 40 percent post-harvest losses. Closing this gap can improve food security by 40 percent,” Yusuf explained.
The programme spans eight states—Kano, Kaduna, Kwara, Oyo, Ogun, Imo, Cross River, and the Federal Capital Territory (FCT).
“We provide catalytic infrastructure such as power, access roads, and water treatment plants, significantly reducing operating costs for investors. This initiative not only supports agro-industries but also positions Nigeria for sustainable economic diversification,” he added.
Also, Nigeria Country Director for the International Fund for Agricultural Development (IFAD), Ms. Dede Ekoue noted that the SAPZ-1 had remarkable success in the states.
“We are seeing positive outcomes in Kano, where the lives of smallholder farmers and agro-industries have improved. This programme is a federal government priority, aiming to promote inclusive agro-industrialisation, enhance food security, and create jobs. Nigeria’s leadership in this sector can influence the entire continent,” she stated.
For his part, Director General of the African Development Bank Group’s Nigeria Country Office, Dr. Abdul Kamara described the SAPZ as having the highest potential to bring change to Nigeria.
“This comprehensive programme doesn’t just boost production but also creates opportunities for value addition, aligning with President Tinubu’s commitment to food security and youth employment. It positions Nigeria to leverage opportunities like the African Continental Free Trade Area (AFCFTA) by adding value to exports beyond national consumption,” Kamara explained.
Also, a member of Nigeria Country Office for the Islamic Development Bank (IsDB), Mr. Daniyar Abylkhan, commended the SAPZ initiative, saying it aligns with the IsDB’s goals of addressing food insecurity and improving livelihoods.
“Based on the success of the first phase, we are committed to participating in the second phase and ensuring its continued impact,” Abylkhan noted.
Other partners present at the meeting included the Federal Ministry of Finance, World Bank, United Nations Development Programme, Japan International Cooperation Agency, Rural Electrification Agency (REA) among others.
Nigeria Rallies SAPZ-2 Partners To Accelerate Agro-Industrial Growth
News
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
By: Michael Mike
The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.
In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.
The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.
NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.
According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.
The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.
NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.
The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.
The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
News
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
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Troops neutralise bandit, recover arms in Plateau raid
Troops neutralise bandit, recover arms in Plateau raid
By: Zagazola Makama
Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.
Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.
“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.
The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.
The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.
Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.
Troops neutralise bandit, recover arms in Plateau raid
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