FCMB Calls for Value-Chain Financing to Boost Nigeria’s Food Security
At the BusinessDay Future of Agriculture Conference in Lagos, stakeholders urged stronger coordination across Nigeria’s agricultural value chain. Themed “From Seed to Feed,” the event brought together policymakers, agribusiness leaders, financiers, and development partners to address input supply, financing, and infrastructure challenges. Speakers included Lagos State Commissioner for Agriculture Abisola Olusanya, Special Adviser Oluwarotimi Fashola, Babban Gona CEO Kola Masha, and AFEX Group CEO Ayodeji Balogun. They highlighted the need for quality inputs, efficient distribution networks, and market access to boost yields. In his keynote address, FCMB’s Kudzai Gumunyu outlined a value-chain-led financing model for smallholder farmers. He called for structured guarantees and partnerships to de-risk lending and ensure farmers can access the capital they need to increase production. The conference also focused on improving infrastructure and fostering public-private collaboration. FCMB reaffirmed its commitment to support agribusiness and non-oil exports through strategic partnerships that strengthen Nigeria’s agricultural systems.
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