EuroAfrica Chamber of Commerce & Industries (EACCI) and its partners are set to inject more than US $300 million into Nigeria’s agriculture between June and December 2025. Speaking to journalists on Democracy Day in Abuja, EACCI Director-General Amb. Dr Kingsley Obasohan said roughly US $200 million will fund a state-of-the-art ranch that pioneers modern livestock management, boosts domestic beef and dairy supply, and employs thousands of youths and women. A further US $100 million will expand cocoa estates, fisheries and allied agro-processing, while the Chamber collaborates with a mortgage bank to pilot affordable-housing finance for rural communities. citypost.ng
Obasohan added that EACCI is partnering with a federal agency and host states to secure land and infrastructure for the ranch, and with the Ministry of Budget & National Planning to roll out vocational and ICT training programmes that transform young Nigerians into self-reliant entrepreneurs. Artisans in carpentry, shoemaking, fashion and related trades will also receive tailored support.
Congratulating President Bola Tinubu on Democracy Day, Obasohan urged all tiers of government to adopt business-friendly regulations so agriculture—not oil—can become the economy’s primary growth engine. He called for stronger credit, land-use and security frameworks so small-scale farmers thrive alongside large investors.
The City Post report underlines how private capital, skills development and policy alignment can drive Nigeria’s long-promised agricultural transformation. Ground-breaking of the ranch is expected in the third quarter, after environmental and social-impact studies are completed, while the first batch of trainees will commence classes before year-end, creating early momentum for wider replication.
Read the full feature here: https://www.citypost.ng/eacci-and-partners-to-invest-over-300-million-us-dollars-in-nigerias-agricultural-sector/
