The managing director (MD) Autodex Nig LTD, Lead Writer, Farmfatech Prince Tony Ifeakandu, made the decision at a press briefing heralding the 3rd version of Nigeria’s Farm, Meals and Allied Applied sciences Expo,Farmfatech Expo 2026 with the theme Riding Agricultural Industrialisation: Native Production, Era Switch, Finance and Export for Africa’s Prosperity,” .
In step with him, Nigeria’s agricultural problem isn’t simply about the way to produce extra meals, however the way to mechanise manufacturing, amplify irrigation, keep harvested plants, toughen logistics and garage, and become agricultural output into commercially viable merchandise for home intake and export.
He wired that get entry to to suitable, structured financing stays one of the most primary limitations to agricultural transformation in Nigeria .
“Farmers, cooperatives and agribusinesses want financing fashions that attach manufacturing to dependable markets, mechanisation, irrigation, processing, garage and export contracts.
Farmfatech will supply a platform for stakeholders to discover sensible financing answers that cut back threat, draw in funding and enhance commercially sustainable agricultural clusters,” he mentioned.
He added that post-harvest losses constitute a significant financial alternative.
“If Nigeria may just keep, procedure and commercially export the rural produce it recently loses after harvest, the extra worth generated might be transformative for the nationwide financial system.
“Farmfatech subsequently puts specific emphasis on trendy drying programs, garage infrastructure, cold-chain building, standardised logistics, processing and marketplace get entry to,” he mentioned.
He mentioned the Expo will carry in combination policymakers, monetary establishments, buyers, generation suppliers, producers, building companions, farmers and civil society organisations to advance a realistic nationwide technique for agricultural industrialisation.
“Farmfatech 2026 objectives to transport the dialog past agricultural possible in opposition to sensible collaboration, funding and measurable results. Its central message is obvious:
“Nigeria should construct an built-in agricultural ecosystem that produces successfully, loses much less, budget strategically, meets recognised requirements and exports competitively,” he mentioned.
Highlighting the will for cluster farming ecosystem, he mentioned it’ll amplify get entry to to agricultural equipment, in the community manufactured apparatus and dependable water programs, including that the improvement will improve post-harvest control by way of lowering losses thru drying, processing, garage, cold-chain infrastructure and environment friendly shipping.
He famous that the initiative will even supply structured agricultural finance by way of connecting farmers and agribusinesses with banks, building finance establishments, buyers and risk-sharing mechanisms.
He reiterated that growing organised manufacturing clusters supported by way of stepped forward farmer safety and more potent coordination will even result in certification and traceability by way of strengthening farmer id, product traceability, high quality assurance and requirements required for home and global markets.
He mentioned additional that the transfer will result in export competitiveness by way of “Aligning manufacturing, logistics, certification and processing with regional and world marketplace necessities,”.
He endured “Their participation displays the significance of bringing finance, coverage, agricultural building, industry, threat control and safety right into a coordinated nationwide dialog.
In his remarks, the Chairman Autodex Nig LTD, Chairman, Establishing Committee – FarmFaTech, Hon. Dr Nnamdi Ezeani, mentioned Nigeria should transfer past generating meals to development a whole agricultural financial system to reach meals safety.
“We’d like mechanisation, irrigation, trendy processing, drying, garage, cold-chain infrastructure and environment friendly logistics to scale back post-harvest losses and make our agricultural merchandise aggressive in native and global markets.
Similarly essential is structured financing. Farmers and agribusinesses want get entry to to finance that connects manufacturing with equipment, markets, processing and dependable off-take preparations.
With out this, agricultural possible can’t be totally transformed into financial prosperity,” he mentioned.
He famous that the Farmfatech expo ,subsequently, brings in combination govt, monetary establishments, buyers, producers, farmers, generation suppliers and building companions to expand sensible answers.
“We additionally search to advertise agricultural clusters, give a boost to farm safety, toughen farmer certification and product traceability, and standardise logistics and cold-chain programs,” he added.