• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Sunday, August 16
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
NRS Tax campaign
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Business»Agriculture»Nigeria To Invest $3.5 Billion Post Harvest Loss Mitigation Plan 
Agriculture

Nigeria To Invest $3.5 Billion Post Harvest Loss Mitigation Plan 

By Orientalnews StaffSeptember 9, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

 

Vincent Ezenagu

Nigeria has unveiled a new initiative to significantly mitigate post-harvest losses.

Under the initiative the Government has initiated a plan to invest $3.5 billion over the next decade.

The Agriculture Minister Abubakar Kyari announced the initiative, known as Nigeria Postharvest Systems Transformation Programme (NiPHaST), at the 16th African Food Systems Forum (AFSF) in Dakar, Senegal, held from August 31 to September 5.

The NiPHaST aims to strengthen storage systems by improving existing infrastructure at the household level, as well as community and national strategic reserves.

These reserves will be managed through public-private partnerships.

The program also plans to boost access to technology like solar-powered cold storage, which currently has limited large-scale use.

Kyari stated that the initiative will help stabilize food prices, ensure the availability and affordability of basic foodstuffs, improve storage systems, and achieve national food sovereignty.

The program will initially target strategic agricultural sectors including cereals, legumes, roots, tubers, and vegetables.

While private sector involvement is expected to drive investment in the storage value chain, several structural challenges remain.

The FAO notes that businesses looking to invest in sub-Saharan Africa’s cold chain face significant hurdles, including a lack of access to reliable and affordable electricity and maintenance issues due to a shortage of skilled labor.

Difficulty securing financing is another major obstacle.

Alexander Isong, president of the Organization for Technology Advancement of Cold Chain in West Africa (OTACCWA), highlighted this issue in April, stating that Nigerian banks often misunderstand the cold chain sector, making it difficult for businesses to obtain loans.

He stressed that without adequate investment, the sector’s growth and potential are severely limited.

Strengthening national storage systems is a strategic priority, as official data for 2024 estimated Nigeria’s post-harvest losses at nearly $10 billion.

 

Share this:

  • Share
  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Reddit (Opens in new window) Reddit
Orientalnews Staff

Related Posts

CSR-in-Action Partners ACI To Convene Women SDG Advocates Conference

March 24, 2026

Agrofood Nigeria 2026 Sets Agenda For Agro-Industrial Competitiveness

February 13, 2026

Nigeria’s Food Security Strategy Inimical To Investment In Agricultural Sector-CPPE

February 2, 2026

Leave A Reply Cancel Reply

The latest
  • NLC Offers Significant Support To EFCC’s Anti-Corruption Fight 
  •  Government Freezes Nine Identified Terrorism Financiers Accounts In Nigeria 
  • Guinness Nigeria Boosts Cultural Expression Through Orijin At Osun-Osogbo 2026
  • Sovereign Trust Insurance Set For Historic Growth Trajectory 
  • Tinubu Seeks Peaceful Elections In Osun, Directs Security Agencies To Protect Everyone 
  • Man Arraigned For Alleged N56.4m Pilgrimage Fraud In Ibadan
  • Federal Government Calls On Nigerians In The Diaspora To Invest At Home
  • First Oil Industry Host Community Summit To Develop Funding Models For Community Infrastructure 
  • Expert Warns Of Existing Power Sector Structural Issues As Sector Bond Closes For Subscription
  • Sovereign Trust Insurance Set For Historic Growth Trajectory
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.