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FAAC: Three Tiers of Government Share ₦2.550 Trillion as June 2026 Revenue; States and LGAs Receive Over ₦1.36 Trillion

  FAAC: Three Tiers of Government Share ₦2.550 Trillion as June 2026 Revenue; States and LGAs Receive Over ₦1.36 Trillion The Federation Account Allocation Committee (FAAC) has distributed a total of ₦2.551 trillion as Federation Account revenue for June 2026 to the Federal Government, the 36 state governments, and the 774 Local Government Councils across Nigeria. The allocation was approved during the FAAC meeting held in July 2026 in Abuja and chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy. The meeting was attended by the Accountant-General of the Federation, State Commissioners of Finance, and other members of the committee. ( FMINFO ) Breakdown of the Revenue Distribution The total distributable revenue of ₦2.551 trillion comprised: ₦1.810 trillion from Statutory Revenue. ₦740.724 billion from Value Added Tax (VAT). ( FMINFO ) Statutory Revenue Allocation From the statutory revenue: Federal Government: ₦849.366 billion State Govern...

AgriFI — EU-Funded Agriculture Investment Initiative Supporting Smallholder Farmers & Agri-SMEs

📢 Call For Applications:
AgriFI — EU-Funded Agriculture Investment Initiative Supporting Smallholder Farmers & Agri-SMEs

Published: January 6, 2026

The Agriculture Financing Initiative (AgriFI) is a major European Union-funded impact investment facility designed to unlock finance for agricultural value chains and strengthen inclusive rural development in developing countries. Managed by the EDFI Management Company (EDFI MC), AgriFI addresses one of the most persistent barriers in agriculture — the lack of appropriate, long-term financing for smallholder farmers and agribusiness MSMEs. (MSME Africa)


🌱 What Is AgriFI?

AgriFI is an EU-backed blended finance programme that blends public funds with private investment to mobilise capital toward sustainable agriculture, increased production, and rural economic growth. Rather than issuing standalone grants, AgriFI uses patient capital — including debt, equity, and quasi-equity — tailored to the needs of agricultural enterprises and value chain actors. (MSME Africa)

The initiative responds to structural financing gaps in agricultural sectors where commercial lenders are often hesitant to offer long maturities, flexible instruments, or risk-sharing mechanisms. Through its catalytic model, AgriFI attracts additional investors, builds stronger agribusiness ecosystems, and enhances resilience across food systems. (EDFI MC)


👥 Who Can Apply?

AgriFI supports a wide range of stakeholders involved in agricultural value chains, including:

  • Smallholder farmers needing access to inputs, technology, market linkages and finance.

  • Agribusiness MSMEs involved in aggregation, processing, logistics, storage, and value addition.

  • Financial institutions and impact funds that can on-lend to rural entrepreneurs.

  • Agri-tech innovators offering scalable solutions that boost productivity and market connectivity.

The programme places particular emphasis on inclusive financing, prioritising vulnerable groups such as women and youth to ensure equitable access and opportunity. (MSME Africa)


🌍 Geographical Scope & Investment Windows

AgriFI operates through several targeted funding windows and regional initiatives, enabling customised intervention strategies tailored to local agricultural challenges and opportunities. Key components include:

  • AgriFI Global Window: €40 million for financing agri-food enterprises across OECD DAC eligible countries.

  • Country Windows: Investment windows in countries like Ghana, Tanzania, Sri Lanka and others aimed at crop-specific value chain support.

  • ACP Regional Window: €50 million targeting projects across Africa, Caribbean and Pacific regions in priority chains such as cocoa, coffee, and cashew.

These diversified windows ensure that financing is adaptable to local agriculture profiles and market dynamics. (MSME Africa)


📈 Expected Impact

Investments through AgriFI have already demonstrated strong development outcomes:

  • In Ghana, investments helped scale agritech services, improve input delivery and expand market access for thousands of smallholders.

  • NBS Bank in Malawi is strengthening rural credit access under the ACP regional window to benefit tea and macadamia farmers.
    These examples showcase AgriFI’s catalytic role in increasing financial inclusion, improving yields, and enhancing sustainability across agricultural systems. (MSME Africa)


💡 Why This Matters

📌 Tailored Financial Access

AgriFI fills financing gaps by offering medium to long-term capital at terms aligned with agricultural cycles — a model seldom provided by traditional lenders. (MSME Africa)

📌 Inclusive Value Chain Development

The programme emphasises value chain inclusion, enabling smallholders to participate meaningfully in markets and benefit from improved infrastructure, services, and partnerships. (MSME Africa)

📌 Catalytic Investment

By blending EU public funds with private capital, AgriFI attracts further investment into frontier agricultural sectors, increasing overall financial flows and sustaining long-term rural growth. (MSME Africa)

📌 Environmental & Social Standards

AgriFI aligns its investments with environmental and social best practices, promoting sustainability and resilience against climate shocks — critical for long-term food security and ecological stewardship. (MSME Africa)


📝 How to Apply

AgriFI does not operate as a traditional grant call. Interested organisations should:

  1. Visit the AgriFI page on the EDFI Management Company website for detailed investment criteria and guidelines.

  2. Review eligibility requirements and determine which financing window best matches your project or business model.

  3. Submit an investment enquiry through the official AgriFI contact channels.

  4. Work with AgriFI advisors to explore tailored financing options and co-create an investment proposal aligned with AgriFI’s development and commercial objectives. (MSME Africa

  5. https://edfimc.eu/contact/?populate=investment


📣 Final Call

This call for applications presents a transformational opportunity for agricultural entrepreneurs, smallholder organisations, and intermediaries to tap into flexible financing mechanisms designed to scale impact, create jobs, and strengthen food systems across emerging economies.

For more information and access to application portals, visit the EDFI Management Company AgriFI page today. (MSME Africa


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