Home Business Nigeria Raises NALDA Budget to ₦25bn to Boost Agricultural Growth
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Nigeria Raises NALDA Budget to ₦25bn to Boost Agricultural Growth

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Nigeria’s Federal Government has significantly increased the funding for the National Agricultural Land Development Authority (NALDA) in the 2026 Appropriation Bill, raising its allocation to ₦25 billion from about ₦7.43 billion in the 2025 budget.

Unlike in 2025—when NALDA’s entire allocation was dedicated to capital projects such as land acquisition, clearing, and equipment procurement—the new budget introduces recurrent spending of over ₦1 billion for personnel and administrative costs.

The increased budget also places a stronger emphasis on expanding the agency’s operations. Capital expenditure still dominates, with almost ₦24 billion allocated for fixed assets, construction projects like housing and facilities, and major investment in research and development and monitoring activities aimed at enhancing food production and agricultural productivity nationwide.

Overall, this budget shift reflects a broader government strategy to move beyond basic land development and equipment purchases toward more strategic investment in agricultural infrastructure, research, and institutional capacity in an effort to improve food security and farm productivity across Nigeria.

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