Sponsored
Agriculture

Lagos Partners SWAgCo On Rice Production

Sponsored
Sponsored

The Lagos State Government has signed a Memorandum of Understanding (MoU) with the South-West Agricultural Company (SWAgCo) on rice production as part of efforts to boost food production in the State.
Special Adviser to the Governor on Agriculture, Dr. Oluwarotimi Fashola, disclosed that the MoU is not only vital but also germane to the progress of the Rice Value Chain within the length and breadth of the State.
Fashola pointed out that Lagos needs to produce at least 40 percent of the paddy needed at the Imota Rice mill, adding that to achieve this lofty goal, the South-West Agricultural Company (SWAgCo) will assist the State rice farmers in skill development and sundry capacity building.

He also noted that his team and SWAgCO will be meeting with the rice farmers across various divisions of the State, stressing that the State’s 500 hectares of land at Eggua, Ogun State, as well as other rice fields spread across Lagos will also be utilised to achieve the goals.

He added that the success of the pilot phase conducted in the Badagry division with 100 hectares with the Rice farmers earlier has led credence to the workability of the innovative ideas the collaboration of the  Ministry of Agriculture and SWAgCO will birth.

The Managing Director and Team Lead of SWAgCO, Mr. Babajide Arowosafe, stated that what makes the Lagos State Government stand out amongst other States is Governor Sanwo-Olu’s passion for the Rice Value Chain’s development and the unrivalled speed at which the state operates towards agricultural development.

Arowosafe said the Imota Rice Mill is an added advantage the State has over the other South-West States like Ogun, Oyo, Ondo and Osun, maintaining that the Memorandum of Understanding will further give the food production efforts of the State, significant mileage.

SWAgCo, a subsidiary of Odua Investment group, is a leading Agricultural Investment Company and its Memorandum of Understanding with the Ministry of Agriculture can only be a win-win situation for the two parties.

Sponsored
Alinnor Arinze

Recent Posts

Dangote Refinery Cuts Fuel Prices Again, Signals Further Moderation

Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium…

21 minutes ago

Rescue Mission: Governor Lawal Approves N7.2bn for Community Projects Across Zamfara

Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for…

1 hour ago

Tokunbo Wahab And The Burden of Responsibility; More Kudos Than Knock

BY OLADAPO SOFOWORA In the relentless theatre of Lagos' environmental space, the stakes are measured…

1 hour ago

NUT’s Suspension Of Strike Demonstrates Patriotism, Commitment To Pupils’ Future – Adeniran

The Executive Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni Aderemi…

2 hours ago

Comrade Dauda Joins Residents As Ikeja Hosts Celebrity Boxing Promotion

The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday joined…

3 hours ago

Buruj Academy Duo Raheem & Fawas Set For Italy, UK, Netherlands Tour

Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume preparations…

4 hours ago
Sponsored