Kwara: agro investors' next destination

Date: 2012-03-23

Agriculture is the biggest  sector in  Kwara State. It accounts for about  70 per cent of the labour force. The climate is conducive to growing  fruits and vegetables, such as mangoes, pineapples, bananas and tomatoes. 

  The principal cash crops are cotton, cocoa, coffee, kola nuts, tobacco leaves, beniseed and palm produce. Others are cashew nuts, yams, beans, sugar cane, cotton, cocoa, coffee, tobacco and palm produce.

 One  of  its  major   agricultural projects is the Shonga agriculture initiative whereby a group of displaced farmers from Zimbabwe were invited to start commercial farming. Thirteen farmers relocated to the state and are involved in the production of dairy products, poultry and the cultivation and processing of a range of crops, such as cassava, soya beans, maize and bananas, among others. 

Despite some initial challenges, the project has become a  success. The dairy syndicate is already producing its own brand of milk and yoghurt drinks. A cassava processing facility has been established and some crops are being supplied to notable shops in Africa, such as Shoprite. The   state is  set  to  boost agriculture through the expansion of cultivated land and self-sufficiency, to  lift  it  to the leadership position in agricultural  productivity in the sub region. This has given birth to the dream to establish Kwara  as the agricultural hub of  West Africa.  

To this end, Governor AbdulFatah Ahmed has spoken of an ambitious plan to build on the agricultural revolution in the state. To achieve this, the government intends  to build  a knowledge base for innovative scientific agricultural  research; develop  modern  centres  for agro processing and packaging; establish  depots and distribution centres to link  the state, the country and  West African farm products to the global market place. 

Ahmed  has  also  promised fundamental agricultural development that includes the training of farmers and restructuring of crop components to expand production. He  stressed on the importance of elevating the living conditions of farmers in the state. He has the support  of  major agricultural institutes such  as  Agricultural and Rural Management Training Institute (ARMTI), National Centre for Agricultural Mechanisation and the Niger River Basin Development Authority, all located in Ilorin.  

The Ministry of Agriculture and Natural Resources and Agricultural Development Project (ADP)  will  provide  infrastructural and storage facilities. All of these will help to improve and boost agricultural production and services in the state. The  government  is  working  to  create hundreds of jobs  over the next few year with  investment  that  will  come  from  local and foreign  investors. To  make  the state  an attractive investment destination, the  government  is  offering various lucrative investment opportunities in agriculture. The government offers a well-balanced package of fiscal incentives in priority areas as well as additional negotiated benefits to strategic investments. Investors can easily acquire land with the assistance of the state government. The government is looking for ways to ease the restrictions on foreign investment in the farm sector.   In  return, the  state has seen  many investments in the area of agri-processing. Through its local subsidiary, Olam Nigeria, Singapore-based Olam International invested in a cashew-nut factory at Ogbondoroko. The facility processes cashew nuts, bought from more than 5 000 local merchants, exclusively for the export market.

The presence of Dangote Flour Mills in lIorin is a further confirmation of the attractive investment environment. On ethanol or biofuel production, Kwara Casplex Limited is to produce ethanol from cassava. Casplex also has similar projecs, which are at an advanced stage of implementation in Oyo and Ekiti states. Using the oil from Jatropha seeds to produce biofuel also has potential in Kwara State.  Prospective investors can either cultivate their crops or buy from local farmers and focus solely on processing activities.  Opportunities for investment include direct cultivation of crops, agri-processing, transport, the provision of agricultural inputs and the marketing of produce. Numerous incentives are also offered to attract investment to the sector.Kwara State has many rivers and water bodies, which would serve as good locations to set up fish farms. Opportunities exist in various areas of the aquaculture sector, including the production of table fish, the construction of fish farms, the provision of storage facilities, fish seed multiplication and financing. Furthermore, the government has embarked on a land development scheme, which involves opening up new farming blocks for commercial development and expansion of the agriculture sector. The governor said there are great opportunities to explore in Kwara. He said there is potential for development and that the government is ready to support farmers to explore agric resources  for   mass production of food , feed and a range of industrial products. Kwara has a relatively large domestic market comprising a population size of about 12.2 million. The state's central location offers trading opportunities to surrounding northern states and the Middle Belt.

Source

 

Cloud Tag: What's trending

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

Oro Grammar School Old Students Association     Kwarareports     Wahab Agbaje     Mohammed Lawal Bagega     Dagbalodo     Nigerian Correctional Service     Modibbo Kawu     Bayo Mohammed Onimode     Mujtabah Bature     Oloye     Jumoke Monsura Gafar     Olaiya Victor Mobolaji     Kumbi Titiloye     Kwara 2019     Mohammed Ibrahim     Ajibola Ademola Julius     Road Transport Employers Association Of Nigeria     Mufutau Olatinwo     A.E. Afolabi     Kwabes     Christopher Odetunde     Yakubu Shaaba     Khadijat Ayoola Yusuf     Ilorin General Hospital     David Oyedepo     Kunle Okeowo     Senior Special Assistant On Student Affairs     Tsaragi-Share     Radio SBS     Saka Isau     Sherif Shagaya     Muslimah Entrepreneurship Forum     Kwara State Geographic Information Service     Teachers Specific Allowance     Maryam Nurudeen     Suleiman Abubakar     Age AbdulKareem     Abdulrahman Iliasu     Mutawali     Quran     Samuel Adedoyin     Mutawalle     Hakeem Lawal     Shehu Adaramaja     Ezekiel Yissa Benjamin     Hameed Oladipupo Ali     Durosinlohun Atiku     Kayode Bankole     ER-KANG     Donatus Ejidike     Kale Ayo     Oke-Ode     David Adesina     Congress For National Consensus     Ebun-Olu Adegboruwa     Alao Ayotunde     Jimoh Olusola Imam     Okoolowo     Lateef Fagbemi     Kehinde Boyede     Elerinjare     Muritala Olarewaju     Ishaq Salman     SARS     Mohammed Alabi Lawal     Third Estate     Akande Idowu Ayoola Muhammed     Okin Group     Abdulrazaq Solihudeen     Ayobami Akanbi     United Nigeria Airline     Senior Staff Union Of Colleges Of Education     Madawaki     Mahe Abdulkadir     Labour Party     National Information Technology Development Agency     Tuesday Assayomo    

Cloud Tag: What's trending

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

Abraysports FC     Adedeji Onimago     March 18     Sidikat Uthman Ajibola     A.E. Afolabi     Sayomi     Saliu Shola Taofeek     A.G.F Abdulrasaq     Abdulfatai Salman Baakini     AbdulRaheem Ahmad Shayi     Opolo Global Innovation Limited     Pategi     Sai Kayi     Oko-Erin     UTME     Abdul Jimoh Mohammed     Bankole Omisore     Sarah Jubril     Dan Masanin     Henry Olaosebikan     Maimunat Oloriegbe     Saduki Lafiagi     Rashidi Yekini     Oko Erin     Kayode Ogunlowo     Centre For Community Empowerment And Poverty Eradication     Falokun-Oja     Sunday Fagbemi     Monthly Sanitation Exercise     Doyin Group     KW-GIS     Kunle Okeowo     Gobir Organization Foundation     Edret Sabi Abel     Sarkin Malamai     Al-Hikmah University     Doyin Awoyale     Tunji Arosanyin     FOMWAN     Local Government Pension Board     Societe Generale Bank Of Nigeria     Toyin Sanusi     Forgo Battery Company Limited     Bamidele Adegoke     Sobi FM     NaAllah     Saba Mamman Daniel     Tunde Mukaila Mustapha     Ilorin Descendants Progressive Union     Wahab Kunle Shittu     Mogaji Aare     Abikan     Adijat Adebiyi     Guber Aspirant     Agbarere     Mohammed Lawal Bagega     Saidu Kawu     TVC Female National Debate     Emmanuel Olatunji Adesoye     Solomon Edojah     Shuaib Boni Aliyu     Federal Allocation     Musa Abdullahi     JMK Construction Company Limited     Adamu B. Yaqubu     Ayoade Akinnibosun     Kwara State Coalition Of Business And Professional Associations     Maimunat Oniyangi     Paul Odama     Salihu Ajibola Ajia     Ojo Isekuse     Ramadhan     Ghali Alaaya     Umar Bayo Abdulwahab     Tanke     REO CAKES     Isiaka Abdulrazak