By Atoyebi Nike
Nigeria has called for urgent reforms to expand financial access for youth and women in agribusiness. Speaking on behalf of the Finance Minister at an AfDB policy dialogue, Dr. Doris Uzoka-Anite said inclusive finance is key to unlocking Africa’s agricultural potential.
She noted that over 70% of Nigerians are under 30, while women make up more than half of the agricultural workforce yet both groups face serious barriers to funding, markets, and training.
“It’s not charity, it’s smart economics,” Uzoka-Anite said, emphasizing that supporting these groups boosts productivity and national growth.
Key initiatives under the Tinubu administration were highlighted, including the ₦100 billion Agriculture Development Fund, the Renewed Hope Initiative for two million women farmers, and a $1.2 billion Green Imperative Project with Brazil.
With inflation falling to 22.97%, rising foreign reserves, and improved credit ratings, the minister said the economic environment is ripe for deeper financial inclusion.
She also urged stronger partnerships with AfDB to scale investments and build infrastructure that supports youth- and women-led agribusiness.
“The time to bridge the gap is now,” she concluded.
