BOI, RMRDC Seal MoU to Boost Agric Value Chain, Nigeria’s GDP
Managing Director and Chief Executive Officer of the Bank of Industry (BOI), Dr. Olasupo Olusi (left), and Director General/CEO, Raw Materials Research Development Council (RMRDC), Prof. Nnanyelugo Martin Ike-Muonso, signing the Memorandum of Understanding (MoU) between BOI and the council at BOI Headquarters in Lagos The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have signed a Memorandum of Understanding (MoU) to strengthen Nigeria’s agricultural value chain and enhance the country’s Gross Domestic Product (GDP). The agreement, formalised on April 17, 2026, is aimed at addressing critical challenges across the agricultural value chain, including harvesting, post-harvest losses, seedling development, cultivation, storage, processing, packaging, logistics, and marketing. The partnership, which follows extensive engagements between both institutions, is also expected to enhance value addition to key agricultural commodities and raw material...