The Federal Government has called on the manufacturers, investors, financial institutions, development partners, technology providers and farmers to work together aimed at transforming Nigeria’s agricultural potential into sustainable productivity and prosperity.
Besides, it explained that with vast arable land, a rapidly growing population and increasing demand for food, the need for tractors, harvesters, irrigation equipment, processing machinery, storage technologies and other agricultural equipment will continue to expand.
Speaking at the 3rd Edition of the FarmFood and Allied Technology (FARMFATECH 2026) EXPO in Abuja, the Permanent Secretary in Federal Ministry of Agriculture and Food Security, DR. M.O. Ogunbiyi, said that Nigeria presents a huge and growing market for agricultural machinery and mechanization services.
Ogunbiyi also explained that the investment opportunity is therefore enormous, saying mechanization is no longer simply a farm-input intervention but it is a viable business opportunity capable of generating returns while addressing one of Africa’s most critical challenges, food security.
According to the Permanent Secretary, the Federal Government is creating an enabling environment through supportive policies, access to agricultural finance, incentives for local manufacturing, and strategic programmes such as the Special Agro-Industrial Processing Zones (SAPZs).
He therefore described the Expo as an important platform for advancing agricultural industrialization and mechanization, technology adoption, postharvest management, export competitiveness, and creating agribusiness investment opportunities in Nigeria.
To the private sector, Dr. Ogunbiyi thanked the manufacturers and investors, saying that Nigeria is ready for business as well as welcome joint ventures, public-private partnerships, equipment leasing, mechanization service centres, local assembly and manufacturing, and Build-Operate-Transfer arrangements.
Also speaking, Managing Director of Autodex Nigeria Limited Farmfatech, Tony Ifeakandu, said the 2026Theme, Driving Agricultural Industrialisation: Local Manufacturing, Technology Transfer, Finance and Export for Africa’s Prosperity, explaining that the platform brings together agriculture, technology, manufacturing and finance to advance Africa’s agricultural transformation.
Ifeakandu noted that another important area like renewable energy, saying solar-powered irrigation, cold storage, processing and drying facilities will help reduce post-harvest losses, improve productivity and strengthen agricultural value chains.
“We have established a CKD farm tractor assembly plant in Nigeria, covering four-wheel tractors and hand tillers, with an annual production capacity of approximately 4,000 tractors and 8,000 hand tillers. In addition to machinery assembly, we fabricate locally made flatbed dryers, beehives and critical spare parts”
Earlier, the Chairman of Autodex, Dr.Nnamdi Ezeani noted that
the participants presence at the Expo today demonstrates a shared commitment to transforming agriculture from predominantly small-scale production into a modern, technology-driv mercially viable and industrially competitive sector.
He thanked the exhibitors and technology partners, for bringing their products together, expertise and investment opportunities to Farmfatech, adding, your products, innovations are acceptable and they are forming a greater part of this important conversation about the future of agriculture in Nigeria and across Africa.
