Nigeria, April 19 -- The Bank of Industry (BOI) and the Raw Materials Research and Development Council (RMRDC) have entered into a strategic partnership to strengthen Nigeria's agricultural value chain and boost the country's Gross Domestic Product (GDP).

The agreement was formalised on Friday with the signing of a Memorandum of Understanding (MoU) between both organisations. It was the culmination of extensive engagements among key stakeholders from both institutions and seeks to enhance the value addition of key agricultural commodities and raw materials.

The agreement also aims to address challenges across critical areas, including value chain development, harvesting, post-harvest losses, seedlings, cultivation, storage, processing, ...