The Federal Government of Nigeria established the National Agricultural Development Fund (NADF or “the Fund”) via an act of the National Assembly, known as the National Agricultural Development Fund (Establishment) Act 2022 (Act No 34, 2022). The Fund was established to address the constraints of agricultural finance and to enhance the potentials of the agriculture and food systems; the overall objective being to promote agricultural development and food security in the country.
Limited access to financing has held back agricultural growth and the full potential of the nation's food systems. NADF was created to bridge this gap and empower a thriving agricultural sector that nourishes Nigeria's future.
To catalyze financing and collaboration across the agricultural sector, unlocking its potential to improve productivity, ensure food security, and drive inclusive socio-economic development.
To be the leading development fund for agricultural growth, sustainability, and economic prosperity.
To harness the transformative power of agricultural development for socio-economic growth by providing support and inclusive financing in a sustainable manner.
NADF is dedicated to collaborative partnerships with stakeholders across the public and private sectors. We leverage expertise and resources to achieve our goals and drive sustainable agricultural transformation in Nigeria.
NADF acts as a catalyst for change, working to:
To measure our impact and ensure long-term success, NADF is guided by ambitious yet achievable aspirations, panned to be met within 5 years from establishment:
NADF provides a consistent stream of financing to bridge the gap for Nigerian agriculture, fostering long-term stability through diverse funding sources
NADF supports increased food production across various value chains while promoting the adoption of modern technologies and practices for a transformed agricultural sector
NADF designs financial products specifically suited to farmers' needs, alongside loan guarantee programs, to ease access to financing through established lending channels
NADF goes beyond finance, supporting research initiatives, capacity building programs, and market information systems, while empowering local agricultural development through special zones and offices
NADF fosters collaboration with stakeholders like ministries, research institutions, and private investors to leverage expertise and resources for achieving food security and a thriving agricultural sector