The International Institute of Tropical Agriculture (ITA) and the Oyo State Government signed an agreement on the development of an agricultural plan for the state and the creation of an agribusiness park.
Agrarian policy, according to the statement signed by the expert on communications and knowledge of IITA, Godwin Aceer will clearly outline opportunities, strengths and weaknesses, threats and what the state should do in the short, medium and long term to achieve transformation.
The second component of the transaction is the development of an integrated cassava production chain in the Gambari area of about 6,000 hectares. The complex agribusiness park will be developed in stages, starting with the primary production of roots, the construction and installation of mechanisms and processing of starch and ethanol, among others, and the marketing of finished products in industry.
The Governor of Abiola Adzhimobo State, represented by the Commissioner for Agriculture, Prince Oyewole Oyouumi, in the Funds Release Program, said that the project will be financed by the state. "Our goal is to increase the production of food, create jobs and wealth for our people."
Atser said that the initial investment for the first phase of the project will cost N55m, while additional investments are expected to be received as soon as the implementation is launched, adding that in addition to the development of agricultural policy, the first stage will focus on growing from 50-150 hectares of cassava.
Deputy Director of IITA for Partnerships for Dr Kenton Dachill's delivery highly appreciated the status of participation in IITA and the allocation of resources to finance the project. We are pleased to see that Oyo State is moving ahead with an action plan for the transformation of agriculture and has the honor of being part of their team. Itera Director General Dr. Nteranya Singenga said that cooperation is going on to show how the state has become serious with agriculture.