{"id":2087,"date":"2026-10-28T06:47:45","date_gmt":"2026-10-28T06:47:45","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/28\/fg-moves-to-secure-farms-attract-investors\/"},"modified":"2026-10-28T06:47:45","modified_gmt":"2026-10-28T06:47:45","slug":"fg-moves-to-secure-farms-attract-investors","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/28\/fg-moves-to-secure-farms-attract-investors\/","title":{"rendered":"FG moves to secure farms, attract investors"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\">By Emma Ujah, Abuja Bureau Chief<\/p>\n<p class=\"wp-block-paragraph\">\n<p class=\"wp-block-paragraph\">\n<p class=\"wp-block-paragraph\">The Federal Government has moved to address insecurity threatening agricultural investments, signing a partnership agreement to develop security arrangements for farms and attract investors to multibillion-dollar soybean and sugarcane projects in Yobe and Jigawa states.<\/p>\n<p class=\"wp-block-paragraph\">The Ministry of Finance Incorporated (MOFI), Integranium Holdings and Defence Agricultural Assets and Projects Development Company (DAPCO), supported by Defence Holding Company Limited, signed a Memorandum of Understanding (MoU) in Abuja.<\/p>\n<p class=\"wp-block-paragraph\">Speaking at the signing ceremony, Dr Femi Ogunseinde, MOFI\u2019s Executive Director, Investments, said: \u201cWe have a soybean initiative in Yobe, we have a sugarcane initiative in Jigawa\u2014all large-scale, all multibillion-dollar projects.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWithout having that security anchor to ensure that whatever comes from wherever to invest, the investments are safe, it becomes very difficult for us to do anything.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He said the partnership would provide a platform to approach prospective investors with security arrangements designed to protect their investments.<\/p>\n<p class=\"wp-block-paragraph\">Also speaking, the Managing Director of MOFI, Dr Armstrong Takang, said: \u201cNigeria needed to make better use of its land, water resources and people to produce sufficient food for households and industries, while generating additional supplies for export.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He said the partnership would focus on developing bankable agribusiness opportunities capable of attracting public and private investment. On his part, DAPCO Chairman and Chief Executive Officer, Aliyu Abdulhameed, said: \u201cThe defence establishment\u2019s role was to ensure that financing reached agricultural opportunities in rural areas under secure and properly structured arrangements.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He added that surrounding communities would be involved in projects established in their areas, while serving military personnel and veterans would also be considered.<\/p>\n<p class=\"wp-block-paragraph\">Ogunseinde said: \u201cAn estimated 30 million to 35 million hectares of land could be available for farming, providing considerable scope for expanding large-scale agricultural production.\u201d<\/p>\n<p class=\"wp-block-paragraph\">He added that the partners had identified several opportunities and expected at least one project to break ground before year-end, although he did not identify the project or specify a commencement date.<\/p>\n<p class=\"wp-block-paragraph\">The Group Managing Director of Defence Holding Company Limited, Air Vice Marshal A.V. Ndache, said: \u201cThe memorandum of understanding signed by the institutions was a broad agreement covering agriculture, hospitality and other investment areas.\u201d<\/p>\n<p>The post <a href=\"https:\/\/www.vanguardngr.com\/2026\/10\/fg-moves-to-secure-farms-attract-investors\/\">FG moves to secure farms, attract investors<\/a> appeared first on <a href=\"https:\/\/www.vanguardngr.com\/\">Vanguard News<\/a>.<\/p>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Vanguard News<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Emma Ujah, Abuja Bureau Chief The Federal Government has moved to address insecurity threatening agricultural investments, signing a partnership agreement to develop security arrangements for farms and attract investors&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2087","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/2087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=2087"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/2087\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=2087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=2087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=2087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}