Agriculture attracts $167m foreign capital amid investor volatility

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By ABUBAKAR YUNUSA

Nigeria’s agricultural sector recorded capital importation of $167.25m in 2025, signalling modest but strategic investor interest in one of the country’s most critical sectors.
Data released by the National Bureau of Statistics showed that the inflows reflected a mix of confidence and uncertainty across the year.
The figures highlighted both opportunities and structural challenges shaping investment decisions within the sector.
Quarterly analysis revealed noticeable fluctuations, pointing to changing investor sentiment amid ongoing reforms and sector-specific constraints.
In the first quarter of 2025, agriculture attracted $24.15m, which rose significantly to $67.24m in the second quarter.
However, inflows declined to $24.67m in the third quarter before rebounding to $51.19m in the fourth quarter, indicating renewed investor confidence towards year-end.
The fourth-quarter performance aligned with a broader surge in Nigeria’s total capital importation, which stood at $6.44bn.
This represented a 26.61 per cent increase compared to $5.09bn recorded in the corresponding period of 2024.
Analysts said the pattern suggested that while agriculture remains attractive to investors, inflows continue to be influenced by policy direction, seasonal cycles, and financing challenges across the agribusiness value chain.

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