News in Brief:
– Ekiti State’s agricultural program has generated over ₦200 million for young farmers through state support and guaranteed purchases, driving economic growth and food security.
– The government plans further infrastructure development and partnerships to solidify Ekiti as a leading agricultural hub.
A state-driven agricultural program in Ekiti has generated over ₦200 million for young farmers in the past year, a report says.
Governor Biodun Oyebanji reiterated his administration’s dedication to bolstering food security through significant infrastructural development during a meeting with representatives of Origin Tech Group. He stated that the aim is to position Ekiti as a leading agricultural center in the country.
Also, he said that his government will be deliberate in ensuring that it provides infrastructure that will support the hub, and he promised to engage in collaborations that will bring remarkable development to agriculture.
The ₦200 million revenue was generated from sales to private buyers, processing plants, and the state government, which purchased produce for storage. The programme, which provided farmers with land clearing, tractor services, and improved seedlings, has seen a surge in interest, with approximately 2,000 young farmers now seeking to participate in cluster farming initiatives.
State goals and agricultural strategy
Subsequently, the governor outlined the state’s strategic goals, which include achieving food surplus, empowering youth, creating economic opportunities through agribusiness, and driving industrial growth through agriculture.
Additionally, he announced plans to establish mid-level market hubs to streamline food distribution.
“We have developed a system that has shifted agriculture from simple farming to a profitable business,” Governor Oyebanji stated, adding that the government’s assurance of purchasing the farmers’ produce has been a significant motivator.
Ekiti’s agricultural potential and past efforts
Historically, Ekiti State is known for its fertile land and favorable climate, making it ideal for the cultivation of various crops. Key produce includes cocoa, cassava, rice, yam, and plantain.
Recognising the state’s agricultural potential, previous administrations have implemented various initiatives to boost production. These efforts have included distribution of seedlings, provision of farm inputs, and the establishment of agricultural processing zones.
Effectively, the current administration’s focus on cluster farming and guaranteed purchase agreements builds upon these past efforts, aiming to create a sustainable and profitable agricultural sector.
Meanwhile, Origin Tech Group’s Executive Chairman, Samuel Joseph, praised Governor Oyebanji’s commitment to agricultural development. He expressed the company’s readiness to collaborate with the state, proposing initiatives such as mid-level cooperatives, prototype clusters, and logistics centers.
Overall, analysts opine that these partnerships aim to enhance food security and infrastructure while contributing to sustainable economic growth.
