The 2026 federal budget allocates approx. 1.45 trillion naira to agriculture, representing about 2.81% of total federal expenditure. This is however far below the 10% Maputo/Malabo commitment.
The budget structure is capita-intensive (about 90% capital), indicating a shift toward infrastructure and agro-industrial transformation.
Key investments prioritize irrigation, mechanization, value chains, food reserves, and special agro-industrial processing zones. Yet, critical areas such as irrigation scale-up, mechanization services, extension systems, climate resilience and smallholder support remain underfunded.
This policy brief sheds more light on the implications of the current allocations.