A plethora of incentives are designed to propel your investment journey towards unprecedented growth. Enjoy complete tax exemption from all forms of taxes, rates, and levies, providing a fertile ground for your agricultural ventures to flourish. Furthermore, benefit from immigration waivers on expatriate quotas, streamlining your operational processes for seamless growth. With permission to sell 100% of your goods into the domestic market and one-stop approvals for permits and operating licenses, we pave the way for your business expansion with unparalleled ease. Embrace the opportunity of 100% foreign ownership of investments, ensuring your control and flexibility in navigating the dynamic agricultural landscape.
Sector Specific Incentives
Federal Government $1.2 billion Green Imperative Agricultural Programme N475 Billion MSME Survival Fund
Industry Tailored Benefits
N6.5 billion insurance cover for Nigerian farmers by NIRSAL N600 billion for Agricultural Financing Scheme targeting 2.4 million farmers N10 billion rice processing fund
Legislative & Regulatory Enablers
Aligned with our commitment to fostering agricultural prosperity, our legislative and regulatory frameworks focus on four key pillars: food security, import substitution, job creation, and economic diversification. Under the Agricultural Promotion Policy (APP) and the Economic Recovery and Growth Plan (ERGP), we prioritize initiatives to achieve self-sufficiency in essential commodities like tomato paste, rice, and wheat. Embrace our investment opportunities across special agro-industrial processing zones, water resource development, preservation facilities, and mechanized crop production. Capitalize on our supportive environment to revolutionize agricultural processing, packaging, and distribution across diverse value chains. Experience the synergy of growth as you explore the expansive possibilities in livestock cultivation, horticulture, and the production of agricultural inputs, driving your success to new heights.
Regulatory Authorities
Federal Ministry of Agriculture and Rural Development (FMARD)
Nigerian Agricultural Insurance Corporation (NAIC)
Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc)
National Agricultural Seed Council (NASC)