Kwara, Islamic Development Bank Ink $57.2m Deal to Revolutionise Livestock Sector

Date: 2025-04-04

The Kwara State Government has entered a strategic partnership with the Saudi Arabia-based Islamic Development Bank (IsDB) to channel a $57.2 million investment into an agricultural transformation initiative. The project aims to enhance livestock production and rural development, focusing on beef and dairy processing infrastructure.

Dr. Busari Isiaka, State Coordinator of the Special Agro-Industrial Processing Zone (SAPZ), confirmed the collaboration during a press briefing in Ilorin on Thursday. He outlined that the funding will establish critical infrastructure to support both investors and local farmers, streamlining value chains in the livestock sector.

Highlighting the initiative's significance, Dr. Isiaka noted that Kwara's Governor, AbdulRahman AbdulRazaq, has become the first sitting governor to chair a steering committee for such a project, underscoring the administration's commitment to agricultural innovation.

“To understand the importance of this project, it is a five-year initiative with joint funding from the state government and IsDB.

“While other states in the federation receive support from the African Development Bank, Kwara is pioneering this collaboration with the Islamic Development Bank,” he said.

He further highlighted that Kwara demonstrated early commitment by swiftly paying its counterpart funds, making it the first state to fulfill its financial obligations.

“This prompt action has enabled significant progress on the project.

“The initiative primarily focuses on improving agricultural infrastructure, particularly in the livestock sector, with the core objective of enhancing the livelihoods of rural communities.

“The SAPZ project will prioritise youth and women while promoting food and nutritional security.

“It is designed to provide sustainable solutions for livestock farmers by ensuring access to modern processing facilities,” he added.

Dr Isiaka also stated that the project was being implemented in five local government areas– Ifelodun, Kaiama, Baruten, Asa, and Moro.

He explained that it would feature Agricultural Transformation Centres.

“Here, local farmers can process raw materials such as milk before transporting them to an agro-industrial hub in Malete, Moro Local Government Area, for further processing into dairy products like yogurt and cheese.

“The beef value chain will also be integrated into the project, with necessary facilities to support meat processing.

“To ensure smooth execution, we conducted extensive environmental assessments and community consultations.

“We have profiled over 5,000 beneficiaries, ensuring that the infrastructure meets their needs, including access to potable water,” he said.

According to Isiaka, the project is currently in its design phase and is expected to transition into full infrastructure development later this year.

He also revealed that the state government had engaged consultants to attract both local and international investors to the project.

“The goal of the Special Agro-Processing Zone (SAPZ) is to reduce agricultural wastage and enhance value addition.

“Kwara is positioning itself as a leader in livestock processing, and this initiative will ensure that our farmers benefit immensely,” he said.

(NAN)

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ajuloopin     Mary Arinde     Zara Umar     Funmilayo Braithwaite     Alloy Chukwuemeka     Baruba     Elerinjare     Akom Construction And Engineering Synergy Ltd     Magaji Erubu     Alao Ayotunde     Ekweremadu     Matthew Babaoye     Surajudeen Akanbi     Abdullateef Abdussalam     Special Agro-Industrial Hub     Unicontinental Construction Company     Just Event Online     Alikinla     Saadu Alanamu     Eleyele     Adolescent Girls Initiative For Learning And Empowerment     M.Y. Abdulrahaman     Femtech     Kazeem Adekanye     Bio Ibrahim     KWACOBPA     Royal FM     Olusola Saraki     Muhammad Fawaz Abubakar     General Hospital, Ilorin     Abdul Jimoh Mohammed     Ijagbo Health Centre     Kwara United     Ayobola Ipinlaiye     EFCC     Talaka Parapo     Ridhwanullah Al-Ilory     Yusuf Abdulkadir     Titus Suberu-Ajibola     Kamaldeen Kehinde     Isau     Ayo Salami     Owu Fall     Bello Bature     Ridwan Agboola     Balogun-Ojomu     Basic Education Certificate Examination     AbdulRasaq Abdulmajeed Alaro     Lai Mohammed     Agbarere     Omotoso     Amada Jidda     Mansur Alfanla     HYPPADEC     Isin     Ibrahim Issa Jetti     Abiodun Musa Aibinu     National Information Technology Development Agency     Adamu B. Yaqubu     Abdulhakeem Amao     Olatomiwa Williams     Kulende-UITH     PPS     Salman Jawondo     JUSUN     Raheem Adaramaja     Yahaya Seriki Gambari     Abdullahi Saadudeen Alikinla     Universal Basic Education Commission     Senate President     Iyiola Oyedepo     Afolabi-Oshatimehin Adenike Harriet     Ajeigbe     ITP     Okasanmi Ajayi     Lafiagi     Samuel Olusegun Adedayo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abdulmumin Yinka Ajia     Mohammed Lawal     Micheal Imodu-Ganmo Road     Ita-Nmo Market     Balikis Jawondo     Fatimat Saliu     Galadiman Ngeri     Agboola Abdulraheem     Ibrahim Agboola Gambari     Sa\'adu Salahu     Alfa Modibo Belgore     Vasolar     Vasolar Consortium     Societe Generale Bank Of Nigeria     Egbejila     National Pilot     Yahaya Oloriegbe     Baruba     Pategi     C2c@kwarastate.gov.ng     AGILE Programme     Bola Magaji     Ilesha-Gwanara     NTA Ilorin     Charcoal     ER-KANG     Kwarareports     Ganiyu Abolarin     Alabi Lawal     Halidu Danbaba     CLAY POT     Azeez Bello     Taofik Abdulkareem Babaita     Bello Bature     Suleiman Rotimi Iliasu     Mohammed Katsina Ahmed     Nigeria Computer Society     Salary     Salman Suleiman     Mufutau Gbadamosi Esuwoye     Sabo-Oke     Maigidasanma     Isiaq Khadeejah     HYPPADEC     Ajibike Katibi     Just Law Forum     Tunji Arosanyin     Tsaragi     Abdulbaqi Jimoh     Garba Dogo     Ezekiel Yissa Benjamin     Kwara State Health Insurance Agency     Ilorin Curfew     Ben Duntoye     KWSUED     Abubakar Suleiman     Surajudeen Akanbi     Kayode Alabi     Pilgrims Board     Twitter     IHS     Mustapha Olanipekun     Facemasks     Elekoyangan     Idiagbon     Elerinjare     Abubakar Olusola Saraki     HAMFAT Clinic And Maternity     Adamu Ibrahim Sabi     Tricycle Owners Association Of Nigeria     Kayode Issa     ASUU     Crystal Corner Shops     Sam Okaula     Umar Sanda Yusuf     National Broadcasting Commission     Idris Garba