An agribusiness firm, TracTrac Mechanization Services Limited, has called on the Federal Government to adopt stronger and more sustainable policies to drive agricultural growth and attract greater private investment in the sector.
The company emphasized that policy consistency, data-driven decision-making, and support for mechanization are critical to unlocking Nigeria’s agricultural potential. According to TracTrac, unclear regulations and inadequate infrastructure have discouraged investors from fully engaging with the country’s agricultural value chain.
Speaking at an agricultural stakeholders’ forum, the firm’s Managing Director highlighted the need for policies that encourage local assembly of machinery, build capacity among mechanization service providers, and expand access to finance for farmers and agripreneurs.
“Nigeria’s agricultural future depends on predictable policies and private-sector collaboration. When investors have confidence, technology and innovation follow,” the company said.
As part of its contribution to advancing mechanization, TracTrac recently distributed over 160 ‘Tryctors’ compact, three-wheeler tractors to cooperative societies across Nasarawa and Kaduna States. The initiative has reportedly benefited more than 79,000 farmers, improving access to affordable mechanized services and boosting productivity.
The firm’s appeal aligns with recent calls by agricultural research institutes and private stakeholders urging the government to reduce the cost of farm inputs, improve infrastructure, and stabilize food prices through coherent policy frameworks.
In response, the Federal Government has announced plans to launch the National Agribusiness Policy Mechanism (NAPM) a framework designed to align agricultural policies across states, stabilize prices, and promote investment through public-private partnerships.
Experts say implementing such policies effectively could strengthen food security, enhance value-chain efficiency, and position Nigeria as a regional leader in sustainable agriculture.
