The managing director (MD) Autodex Nig LTD, Lead Creator, Farmfatech Prince Tony Ifeakandu, made the decision at a press briefing heralding the third version of Nigeria’s Farm, Food and Allied Technologies Expo,Farmfatech Expo 2026 with the theme Driving Agricultural Industrialisation: Local Manufacturing, Technology Transfer, Finance and Export for Africa’s Prosperity,” .
According to him, Nigeria’s agricultural problem just isn’t merely about tips on how to produce extra meals, however tips on how to mechanise manufacturing, develop irrigation, protect harvested crops, enhance logistics and storage, and remodel agricultural output into commercially viable merchandise for home consumption and export.
He harassed that entry to applicable, structured financing stays one of many main obstacles to agricultural transformation in Nigeria .
“Farmers, cooperatives and agribusinesses want financing fashions that join manufacturing to dependable markets, mechanisation, irrigation, processing, storage and export contracts.
Farmfatech will present a platform for stakeholders to discover sensible financing options that cut back threat, entice funding and assist commercially sustainable agricultural clusters,” he stated.
He added that post-harvest losses symbolize a significant financial alternative.
“If Nigeria might protect, course of and commercially export the agricultural produce it at present loses after harvest, the extra worth generated may very well be transformative for the nationwide financial system.
“Farmfatech therefore places particular emphasis on modern drying systems, storage infrastructure, cold-chain development, standardised logistics, processing and market access,” he stated.
He stated the Expo will convey collectively policymakers, monetary establishments, buyers, know-how suppliers, producers, improvement companions, farmers and civil society organisations to advance a sensible nationwide technique for agricultural industrialisation.
“Farmfatech 2026 goals to maneuver the dialog past agricultural potential in the direction of sensible collaboration, funding and measurable outcomes. Its central message is evident:
“Nigeria must build an integrated agricultural ecosystem that produces efficiently, loses less, finances strategically, meets recognised standards and exports competitively,” he stated.
Highlighting the necessity for cluster farming ecosystem, he stated it can develop entry to agricultural equipment, regionally manufactured gear and dependable water programs, including that the event will improve post-harvest administration by decreasing losses by means of drying, processing, storage, cold-chain infrastructure and environment friendly transport.
He famous that the initiative may also present structured agricultural finance by connecting farmers and agribusinesses with banks, improvement finance establishments, buyers and risk-sharing mechanisms.
He reiterated that growing organised manufacturing clusters supported by improved farmer safety and stronger coordination may also result in certification and traceability by strengthening farmer identification, product traceability, high quality assurance and requirements required for home and worldwide markets.
He acknowledged additional that the transfer will result in export competitiveness by “Aligning production, logistics, certification and processing with regional and global market requirements,”.
He continued “Their participation displays the significance of bringing finance, coverage, agricultural improvement, commerce, threat administration and safety right into a coordinated nationwide dialog.
In his remarks, the Chairman Autodex Nig LTD, Chairman, Organising Committee – FarmFaTech, Hon. Dr Nnamdi Ezeani, stated Nigeria should transfer past producing meals to constructing a whole agricultural financial system to realize meals safety.
“We want mechanisation, irrigation, trendy processing, drying, storage, cold-chain infrastructure and environment friendly logistics to cut back post-harvest losses and make our agricultural merchandise aggressive in native and worldwide markets.
Equally vital is structured financing. Farmers and agribusinesses want entry to finance that connects manufacturing with equipment, markets, processing and dependable off-take preparations.
Without this, agricultural potential can’t be absolutely transformed into financial prosperity,” he stated.
He famous that the Farmfatech expo ,subsequently, brings collectively authorities, monetary establishments, buyers, producers, farmers, know-how suppliers and improvement companions to develop sensible options.
“We also seek to promote agricultural clusters, strengthen farm security, improve farmer certification and product traceability, and standardise logistics and cold-chain systems,” he added.
