Nigeria’s Agribusiness Urges Shift to Structured Capital at FirstBank Expo

At the 5th FirstBank Agric Expo, a coalition of policymakers, financiers, and agribusiness leaders called for a decisive move toward structured, patient capital to accelerate growth in Nigeria’s agribusiness sector and broaden non‑oil export revenues. The event, held in Lagos, highlighted the need for longer‑term investment horizons that match the production cycles of crops and livestock, contrasting with the short‑term, high‑risk funding that has historically dominated the sector. Stakeholders argued that such capital would enable farmers to adopt modern technologies, improve supply chains, and meet international quality standards. FirstBank, a major Nigerian bank, pledged to explore new financing products aligned with these objectives. The call signals a potential policy shift that could reshape the country’s agricultural finance landscape and support a more diversified export economy.