News in brief:
– Katsina State leases Songhai Farm to Omena Nigeria Limited for ₦600 million, aiming to boost modern farming.
– The agreement marks a strategic step to enhance agricultural productivity and generate revenue for the state.
Katsina State Government has announced its decision to lease the Songhai Farm, a multi-billion-naira agricultural project, to Omena Nigeria Limited for ₦600 million over three years. This development aims to revitalise the farm, which was originally designed to enhance modern farming techniques and boost fertiliser production.
Located in Dutsinma Local Government Area, Songhai Farm was constructed during Governor Ibrahim Shema’s administration for ₦3 billion. Its purpose was to provide training for farmers and cater to both rainy and dry season farming needs. The facility, known for its state-of-the-art agricultural equipment, is regarded as one of Africa’s best farmhouse projects.
The farm was previously leased to the Dangote Group of Companies for ₦500 million during the administration of Governor Aminu Masari, with the lease ending in 2023. The new agreement with Omena Nigeria Limited reflects a ₦100 million increase in leasing fees, with the state government set to receive ₦200 million annually.
Accountability and monitoring
The partnership with Omena Nigeria Limited is expected to maximise the farm’s potential by ensuring effective management and utilisation of its resources. The company has already started preparations for full operations.
Katsina state government, under Prof. Ahmed Bakori’s guidance as the Commissioner of Agriculture, has also indicated a potential review of the lease after the current three-year agreement expires.
To ensure the revenue is used effectively, the State House of Assembly, led by Hon. Lawal Yaro, has pledged to monitor the agreement’s implementation. This oversight is critical to ensure that the income generated contributes meaningfully to the state’s agricultural development.
Leasing agricultural infrastructure allows governments or private entities to outsource management to capable companies, ensuring resources are efficiently utilised while generating revenue. This approach often benefits farmers by providing access to better training and advanced farming techniques.
Key facts and data:
- Cost of Farm Construction: ₦3 billion
- Previous Lease (Dangote Group): ₦500 million for three years
- Current Lease (Omena Nigeria Limited): ₦600 million for three years
- Annual Revenue: ₦200 million
