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BAT Foundation Advocates Innovative Financing, Policy To Unlock Smallholder Farmers Potential

by Ngozi Ibe and Olushola Bello
4 hours ago
in Business
Reading Time: 2 mins read
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The BAT Foundation has reiterated its commitment to empowering smallholder farmers and strengthening Nigeria’s agricultural ecosystem.
Through its 2025 Agribusiness Dialogue Session, the foundation advocates for innovative financing models, policy frameworks, and market access strategies to unlock the potential of smallholder farmers.
The Dialogue Session, held biennially since 2015, has become one of Nigeria’s most influential platforms for shaping policy, sparking innovation, and mobilising stakeholders in the agrifood system. This year’s edition, held in Lagos, focused on the theme: “Is the Smallholder Farmer Really Finance-able?”
Smallholder farmers, who represent over 40 million people and produce nearly 80 percent of Nigeria’s food, are the backbone of the country’s food security and rural economy. Yet they face mounting challenges as international aid and donor-driven interventions decline.
The executive director of BATNF, Mrs. Halimat Shuaibu stated that, “our task is to ensure that smallholder farmers are not only financeable but also resilient, thriving, and recognised as critical to Nigeria’s growth story. Agriculture must move from being seen as a survivalist venture to a strategic driver of national wealth.”
The general manager of BATN Foundation, Oludare Odusanya, emphasised that the real test of finance ability lies in moving from theory to practice, saying that smallholder farmers must be seen not as passive recipients of aid but as active partners in Nigeria’s economic transformation.
“For too long, conversations around smallholder farmers have centred on limitations rather than possibilities. At BATNF, we see finance as just one piece of the puzzle. True empowerment happens when financing is coupled with knowledge, innovation, and access to markets. Our mission is to close these gaps so that smallholder farmers are no longer defined by dependency, but recognised as the true engines of Nigeria’s agribusiness economy,” he said.
Delivering the keynote address, the senior special adviser on Agricultural Innovation to the Minister of Agriculture and Food Security, Prof. Ademola Adenle debunked the notion that smallholder farmers merely seek grants.
He emphasised the need for innovative financing solutions underpinned by credible farmer data and transparent systems.

In line with its long-standing focus on youth in agriculture, BATNF used the Dialogue to showcase winners of the 2025 Farmers for the Future (F4F) competition. First place winner Mr. Daniel Jacob of Aretecom Limited received N3 million in funding support. Ms. Emmanuel Mary of Zibah Foods and Mr. Akinloye John of Geentead Farm NG each received N2 million as second place winners, while Mr. Ikhahon Robinson (Heabron Farm Ltd), Ms. Adetuberu Sikeade (Lycos Nutrients Enterprises), and Mr. Haruna Godwin (Yaroson Agro Business) all received N1 million each as third-place winners.

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