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Alford Conferences LimitedAbuja, FCT, Nigeria

1st Nigeria Food Surplus Summit 2024

OVERVIEW
On behalf of Alford Conferences Limited/REVENUE Magazine, and the summit Strategic Event Partner (Standup for Women Society, SWS), we are pleased to invite you to participate in the 1st Nigeria Food Surplus Summit, slated for Abuja, FCT, November 20-22, 2024. You can participate as a partner, sponsor, exhibitor, advertiser, speaker, summit delegate, award guest, journalist, etc. The annual summit seeks to help Nigeria to successfully feed itself and have a large surplus for export by strengthening the commercial farming, food processing, and agricultural machinery segments of the country’s agricultural industry. For decades, up till this present moment, the burden of feeding this country of over 220 million people has rested largely on the shoulders of its millions of smallholder farmers. The summit seeks to strongly complement this by deliberately promoting and boosting commercial farming, food processing, and the production of agricultural machinery on a large scale in each of the 36 states and FCT, partnering actively with their respective ministry of agriculture.

COMMERIAL BANK LENDING TO THE NIGERIAN AGRICULTURAL INDUSTRY 2018-2022
We have prepared a special report titled, “Commercial Bank Lending to the Nigerian Agricultural Industry 2018-2022” which presents data and insights on lending by selected Nigerian commercial banks to the country’s agricultural industry over the past five years: January 2018-December 31, 2022. The 12 commercial banks captured in this report are Access Bank, Zenith Bank, FBN, UBA Group, GTBank, FCMB, Ecobank Nigeria, Fidelity Bank, Stanbic IBTC, Sterling Bank, Union Bank and Wema Bank. Please find enclosed the summary of this report which is an important reference material for the Kebbi State Ministry of Agriculture and other appropriate MDAs of your state. Collectively these 12 banks lent N4.68 trillion to the Nigerian agricultural industry during this five years period. The report was published in the media on August 30, 2024. Copies of it would be circulated to delegates at the summit.

PRE-SUMMIT NATIONWIDE BRIEFING 2024
Ahead of the inaugural Nigeria Food Surplus Summit, we shall embark on a briefing for the 36 states and FCT, sensitizing and mobilizing various stakeholders in each domain for the event. This briefing, in collaboration with Standup for Women Society (SWS), is expected to be presented to each of the 37 subnationals from September 9-October 16, 2024. An official delegation of the ministry of agriculture of these states is expected to attend the summit.

NIGERIA AGRIBUSINESS AWARDS 2024
A major highpoint of the 1st Nigeria Food Surplus Summit 2024 will be the Nigeria Agribusiness Awards which would be presented in the following seven categories. The Nigeria Agribusiness 100 Awards will honour and celebrate 100 leading commercial farms, leading food processing companies, and outstanding and impactful agribusiness equipment manufacturers and suppliers and across the federation. The Nigeria Campus Agribusiness Awards goes to four universities from each the six zones. The State Commissioner of Agriculture of the Year Awards goes to two from each of the six zones. The Nigeria Agribusiness Finance Awards will be presented to the top 5 biggest commercial bank lenders to the Nigerian agricultural industry, and the top 5 biggest lenders to the industry as a percentage of their total lending from 2018-2022. The others are the Nigerian State Governor of the Year in Agribusiness Award, the Person of the Year in Agribusiness Award, and the Lifetime Achievement in Agribusiness Award.

POST-EVENT: NORTHERN NIGERIA AGRIBUSINESS FINANCE FORUM 2024
One of the post-event activities of the 1st Nigeria Food Surplus Summit 2024 is the proposed Northern Nigeria Agribusiness Finance Forum. It would be held annually in rotation among the three geopolitical zones of North West, North East and North Central. The forum seeks to substantially raise the volume of commercial bank lending to bankable agribusiness companies and projects across the 19 states of Northern Nigeria and the FCT. Because the North produces the bulk of the food eaten in the entire federation, far more funding should be devoted to commercial farming and food processing in this region of the country. Side by side the current renewed efforts by several Northern state governors to solve the insecurity in the region, the commercial banks should deliberately step up their intermediation in support of food production in the region.

OTHER POST-EVENT ACTIVITIES 2024/2025

  • Nigeria Agribusiness Finance Media Briefing
  • National Legislative Workshop on Agribusiness
  • Municipal Agribusiness Seminar (North Central Zone)
  • Municipal Agribusiness Seminar (North East Zone)
  • Municipal Agribusiness Seminar (North West Zone)
  • Municipal Agribusiness Seminar (South East Zone)
  • Municipal Agribusiness Seminar (South-South Zone)
  • Municipal Agribusiness Seminar (South West Zone)

WHATSAPP/SMS/CALL
For partnership, exhibition, sponsorship, advertisement, attendance and media coverage, please contact us as follows:
• Fred: +234 803 063 5853
• Juliet: +234 803 694 0642
• Awwal: +234 816 471 4457
• John: +234 813 208 2373
• Office: +234 905 298 4674