North-West Development Commission (NWDC) is exploring a major agricultural partnership valued at USD 200 million, in collaboration with Shanghai Integrated Infrastructure Development Limited (SIIDL) and Peerless Advisory Limited.
The proposed agreement is aimed at boosting commercial farming across the North-West region.
Read also: CELEBRATING NIGERIA @ 65: MD KSHC FELICITATES GOVERNOR ABBA KABIR YUSUF
Representatives of SIIDL and Peerless Advisory visited the Commission this week to signal their commitment and interest in working with NWDC.
If finalized, the initiative will transform key agricultural value chains including sesame, soya beans, rice, hibiscus, and wheat.
Read also: KNSG Inaugurates fourteen Member committee To Review Education Policies
The programme will also introduce modern mechanized farming equipment and farmer training schemes to boost productivity and strengthen food security.
SIIDL would act as the anchor investor, potentially providing up to 80 per cent of the project funding through Foreign Direct Investment (FDI).
At the same time, NWDC would contribute its share as counterpart support, including land allocation and facilitation of government approvals.
The NWDC leadership highlighted that this initiative aligns with the Commission’s long-term goal to unlock the agricultural potential of the North-West.
Read also: KHETFUND HOLDS TWO DAY REFRESHER TRAINING TO ENHANCE EFFECTIVE OPERATION
It marks a significant step towards a transformative public-private partnership capable of creating a lasting impact for communities and the broader economy.
