Government of Ekiti State, Nigeria.

World Bank Approves Establishment Of Agribusiness In Ekiti

December 10, 2024

The World Bank has approved the establishment of an agribusiness hub in the State.

The move is expected to boost economic growth and improve the livelihoods of thousands of farmers in Ekiti State.

A delegation of the World Bank Task Team led by Dr. Emmanuel Sene made this known after an inspection tour of the Ekiti State Livestock Development Center at Erinfun in Ado-Ekiti.

The World Bank Task Team leader noted that the agribusiness hub which is expected to serve as a one- stop – shop for farmers, processors and other stakeholders in the agricultural sector would also facilitate access to finance, markets and technology.

According to him, the agribusiness hub would make a significant impact on the State’s economy, adding that it would help farmers to increase their productivity, improve the quality of their produce and enhance their competitiveness in the market.

Dr Sene stressed that this initiative aligns with the World Bank’s goal of reducing poverty and promoting shared prosperity as “agriculture is the sector that can help diversify economies, create jobs, and eradicate food insecurity in the Country”

Earlier in his remarks, the National Project Coordinator, Livestock Productivity & Resilience Project (L-PRES), Mr Sanusi Abubakar said that the project was designed to enhance productivity and commercialization of the Livestock value chain.

Sanusi said that the project will upscale the abattoir in Ado-Ekiti into a state- of the-art slaughter house facility that is Integrated into larger livestock Production system, noting that infrastructure and equipment such as modern slaughter lines, cold storage facilities, meat processing equipment and waste management systems would be provided under the initiative.

He said that strict sanitation protocols, regular cleaning and disinfection, proper waste disposal, humane handling and slaughter, proper animal housing and feeding, regular veterinary inspection, and meat quality control will be given topmost priority under the initiative

In his remarks, the Commissioner for Agriculture and Food Security, Mr Ebenezer Boluwade said that the State government has in the last two years embarked on several livestock Production

initiatives including the Ekiti Broilers Production Scheme under which Youths trained and empowered in broiler production have produced over 60,000 birds in recycling.

Describing World Bank’s interest in supporting Ekiti State’s Agricultural sector as timely and in tandem with the efforts of the Oyebanji administration to boost agribusiness in the State, Boluwade said that the State government has renovated Livestock Development Center with Climate Smart technology to enhance productivity and commercialization of Livestock Production in the State.

In his Address, the State Project Coordinator L-PRES, Mr Olayinka Adedipe reiterated the commitment of Oyebanji Administration towards revolutionizing livestock Production in the State.

He noted that there’s a lot of opportunities in agribusiness for economic growth, job creation and lot more.

The team lead of Ekiti Broilers Production Scheme, Mr Akindele Akintoye said that State government has trained youths in Broilers Production in order to be self reliance, economic growth and job creation.

Last modified: December 10, 2024

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