In order to advance the diversification of the state’s economy and to sustain continued investments in the agric sector, the Government of Ekiti State under the leadership of Dr. Kayode Fayemi has begun the clearing of more lands across the state.
At the Ikun Dairy Farm, which is now fully operational for livestock and milk production following $5 million investment by Promasidor, over 250 Ha of land has been cleared for the cultivation of hay, brachiaria, and cassava. Within the next 18-24 months, 10,000 litres of milk is expected to be produced from the factory.
In the cassava value chain, FMS Farms is finalising plans to set up a $10 million starch processing plant and farm in Ikole LGA. The state government is supporting its farming operation with land clearing activity.
Equally, Promise Point has also invested $15 million in its starch processing facility, within the same area, which has also been designated as part of the Special Agro-Industrial Processing Zone.
200+ Ha (of 500Ha) has been cleared in Orin Farms for the plantation of sorghum and maize while land clearing is ongoing at the Gede Otiko farm with 50Ha cleared so far.
The Government of Ekiti State recently issued a Certificate of Occupancy (C of O) to Stallion Group for a $10 million rice mill in Ado-Ekiti, the state capital.
Dangote Group is also finalising plans to locate a $5 million mill within the same location – Ado Ekiti, which is now being seen as the rice processing hub of the State.
Ekiti State has also attracted another $5 million investment by JMK Foods to build a rice mill in the state.
Governor Kayode Fayemi’s commitment is to convert the state’s knowledge capacity to agricultural technology and achieve higher productivity and yield as well as a reduction in post-harvest losses which Ekiti State has suffered for years.
Last modified: August 19, 2020
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