MOFI unveils investment project to scale up Nigeria’s agricultural exports

The Ministry of Finance Incorporated (MOFI) has launched project ‘Integrainium’ to scale up Nigeria’s agricultural exports.

Armstrong Takang, the managing-director (MD) of MOFI, spoke at the project’s investment forum, themed ‘From Seed to Shipment: Redefining the Crop Farming Value Chain’, on Wednesday.

Takang said the project has a nationwide scope, spanning all six geopolitical zones of the country.

He described Integranium as an integrated agricultural enterprise that leverages each zone’s unique conditions to boost productivity and returns.

“For us at MOFI, agriculture is a key component of our economic strategy. With the sector contributing approximately 24% to Nigeria’s GDP and employing about 70% of rural Nigerians, these figures illustrate agriculture’s central role in our nation’s prosperity and the well-being of its citizens,” he said.

“It is this immense impact that shows us how meaningful agricultural transformation can drive inclusive economic growth across the country.

“Our approach to agriculture is comprehensive and strategic. MOFI seeks to unlock the sector’s vast economic potential by developing the entire value chain – from improving farming practices and establishing efficient post-harvest storage systems, to building modern processing facilities and creating robust product trading and sales networks.

“We believe that sustainable agricultural development requires attention to every link in this chain. However, we are aware that achieving this scale of transformation is impossible without strong partnerships.

“It demands the capital, innovation, and expertise of diverse stakeholders, including investors, financial institutions, and the dedicated engagement of every individual present in this room.”

Takang said MOFI’s “holistic” approach recognises that a farmer’s success depends on good harvests, access to storage facilities that prevent post-harvest losses, processing centres that add value to raw produce, and reliable markets that offer fair prices.

The MD said by addressing “these interconnected challenges” through collaboration, we can create an agricultural ecosystem that “truly works for everyone”.

‘INTEGRAINUIUM ALIGNS WITH TINUBU’S TRANSFORMATIVE AGENDA’

Takang said MOFI’s vision aligns seamlessly with President Bola Tinubu’s transformative agenda for Nigeria’s agricultural sector.

He said the president has consistently demonstrated that food security is fundamental to national development, recognising that a “truly independent nation must have the capacity to feed its people”.

Speaking to the journalists, the MOFI MD said Integranium aims to create an ecosystem and opportunities for Nigerian and foreign investors to invest trillions of naira into the agri-ecosystem across the entire value chain.

He said while a minimum of a trillion naira is initially needed to mobilise across the entire value chain, the initiative needs significantly more than that.

‘INTEGRANIUM FORUM TO MAKE CROP FARMING COMMERCIALLY VIABLE’

Femi Ogunsehinde, MOFI’s executive director (ED) of investment, said the Integrainium investment forum is a place for truth-telling — “where bottlenecks are not masked and opportunities are not romanticised”.

“We are gathering stakeholders who control levers: land, logistics, technology, finance, policy, and trade. But beyond convening, our priority is orchestration, aligning these levers into a functioning investment pipeline. Integranium offers us that vehicle,” he said.

“Through its nodal structure, it allows for regional specificity while maintaining national coherence. It provides the architecture needed to shift Nigeria’s crop farming sector from low-yield subsistence to commercially viable, export-ready enterprise.

“As we engage, let us think in systems, not silos. Let us design for continuity, not just for headlines. Let us anchor our ambitions in data, discipline, and partnership.

Ogunsehinde said getting it right would improve agricultural outputs and build a replicable model for how government can lead with capital intelligence and catalytic intent.