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Home Agriculture Agribusiness

FG Unveils Youth Agribusiness Fund

by Hajara Abdullahi
June 5, 2026
in Agribusiness
1 0
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FG Unveils Youth Agribusiness Fund

Picture showing Abubakar Kyari, the Nigeria's Minister for Agriculture and Food Security in his office. Credit. Fed. Ministry of Agriculture

Article Lens How to read this story
Desk Agribusiness
Story Mode Culture & Lifestyle Report
Geography Nigeria · West Africa
Public Interest Culture, identity, creativity, lifestyle and social meaning

The Federal Government said the initiative would provide employment opportunities to young people and promote food security in Nigeria.

Reporter

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Hajara Abdullahi

Morganable

3 June 2026

KaNo —

The Nigerian government has unveiled the Youth in Agribusiness Land Trust Fund (YiALTF), an initiative designed to address youth unemployment and increase access to land for young farmers, amid growing concerns over food insecurity and conflicts related to land use across Nigeria.


The initiative, launched in Abuja,on Tuesday, is in partnership with the Federal Ministry of Youth Development and the International Institute of Tropical Agriculture (IITA) and financial institutions, and is aimed at providing young Nigerians with access to land, training, financing, technology and markets.


Speaking at the launch, the Minister of Budget and Economic Planning, Atiku Bagudu, said access to land remains one of the biggest barriers facing young Nigerians interested in agriculture.


Mr Bagudu said many of Nigeria’s longstanding communal conflicts and contemporary security challenges are tied to land management and competition over land resources.


“This initiative demonstrates that the Ministry of Youth should be everywhere in a collaborative manner because when you meet young people in agriculture, the first issue they identify is land,” he said.


Land Conflicts
The minister said Nigeria could not achieve its agricultural ambitions without addressing land-related challenges and involving young people in agribusiness.


He noted that under President Bola Tinubu’s Renewed Hope Agenda, agriculture is a contributing factor to inclusive economic growth but emphasized that youth participation would be critical to achieving that goal.


He also said conflicts between farmers and herders were also connected to land use pressures and outdated agricultural systems.


“Our farmer-herder clashes are likely a land problem. Competing land uses between people accustomed to farming in traditional ways and livestock management in traditional ways require new thinking and better land utilisation,” he said


He added that the federal government is working with states and local governments to develop a coordinated framework for land management and economic planning across Nigeria’s 8,809 wards.


The minister also argued that macroeconomic reforms implemented by the Tinubu administration had improved the country’s investment climate, adding that the challenge now is to organise young people and attract private capital into agribusiness.


Agriculture Can Create Millions Of Jobs
During his ministerial address, the Minister of Youth and Development, Ayodele Olawande, described the initiative as a response to unemployment and limited economic opportunities facing young Nigerians.


Mr Olawande noted that more than 70 per cent of Nigeria’s population is under 30 years old, making youth inclusion central to the country’s future.


He said agriculture remained one of Nigeria’s biggest opportunities for job creation beyond traditional farming.


“Today, agriculture is no longer just about farming. It includes technology, processing, packaging, marketing, exports and innovation across the value chain,” he said.


He said many young Nigerians were discouraged from entering agriculture due to difficulties in accessing farmland, insecurity, and boundary disputes.


He also revealed that the ministry had reviewed assets under its control nationwide and identified unused lands within youth development centres that could be converted into agricultural hubs.


“This initiative is not just about giving land. It is about giving young people the support they need to succeed,” he said.


According to him, the programme aims to train more than six million young Nigerians within three years and support at least 500,000 youth-led agribusinesses.


He added that the initiative would provide training, mentorship, financial support, technology and access to local and international markets.


IITA Backs Initiative
In his opening remarks, the Director-General of the International Institute of Tropical Agriculture, Ehui Simeon, said the initiative aligned with the organisation’s mission of transforming agriculture through science and innovation.


Mr Simeon stated that Africa’s farming population was ageing while youth unemployment remained one of the continent’s biggest development challenges.


He said the land trust fund could help address both problems by connecting young people to productive assets and agribusiness opportunities.


“We have seen young agronomists transform entire villages when given the resources. We have seen youth-led agriculture create jobs, improve systems and stimulate local economies,” he said


He added that the success of the initiative should not be measured by the number of hectares allocated but by the number of young people whose lives are transformed.


“It will be the number of businesses created, the number of jobs generated, the volume of food produced and the number of communities empowered,” he said.


22 Million Hectares Targeted
Presenting the framework for the initiative, Magisho Aline, chief executive officer of IITA’s Youth in Agribusiness Unit, said the initiative was designed to address the high failure rate among youth-owned businesses during their first three years.


Ms Aline said many young entrepreneurs struggle because they lack financial support and cannot bear the cost of starting businesses independently.


“The land trust fund creates an environment where young people can share costs, access technology, learn financial discipline and build sustainable businesses,” she said


She added that the programme planned to reposition 500,000 young Nigerians as agribusiness entrepreneurs and open access to 22 million hectares of land within three years.


She noted that the initiative would also focus on financial literacy, business development and agricultural technology.


“A country that cannot feed its own people will eventually collapse to its own enemies,” she said


Experts have urged Nigerian youths to explore business opportunities beyond traditional farming and embrace other segments of the agricultural value chain to drive innovation and economic growth.


They gave this advice at “Beyond Farming”, a youth-focused conference themed ‘Exploring Real Opportunities Across the Agricultural Value Chain’, held recently in Lagos.


Stakeholders explained that opportunities existed in agricultural processing, logistics, marketing, technology, trade and finance for young Nigerians willing to innovate and fill existing gaps.


The Convener of the conference, Chy Nwakanma, said agriculture had been narrowly defined over the years, leaving many young people unaware of opportunities across the wider ecosystem.

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Tags: AgribusinessFederal Ministry of AgricultureFood SecurityNigeriaYouth Empowerment
Hajara Abdullahi

Hajara Abdullahi

Hajara Abdullahi is a News Reporter at Morganable, with primary responsibility for politics and general news coverage. She reports on political developments, governance, public institutions, elections, public policy and major events affecting Nigeria and the wider African region. Her work focuses on delivering clear, factual and accessible reporting that helps readers understand the people, decisions and institutions shaping public life. Through timely news coverage and careful attention to context, Hajara contributes to Morganable’s commitment to informed, responsible and public-interest journalism.

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