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Anambra signs $10m integrated commercial agric project

Anambra signs $10m integrated commercial agric project

Anambra State Government has signed a Memorandum of Understanding (MoU) with an Agro-allied company, MIP Farms and Agro-Allied Limited for the development of an integrated large-scale commercial agriculture project.

The project worth $9.72 million is for the development of 10 hectares of land each for greenhouses, net houses and open field cultivation of tomatoes, pepper, sweetcorn, spices and other vegetables is to be sited at Nkwelle-Ezunaka in Oyi Council Area.

The project which will be carried out in three phases, and the state government is to bring $1.2million and 30 hectares of land as its equity contribution while the investor is to contribute $8.54million.

Signing the MoU, Gov Willie Obiano said his administration is building a well-organised agriculture sector that will outlive his administration and prove a profitable system that subsequent administrations will key into and sustain the Agro-revolution in the State.

He noted that in thinking inwards, his administration is fully exploring its inherent agric potentials not only to make the state self-sufficient in food production and create wealth and employment opportunities for Ndi Anambra, but also to reduce its dependence on Federal Allocation to the barest minimum.

Describing the project as consistent with the administration’s Agricultural transformation Agenda, Gov Obiano urged the investors to immediately move to site to ensure the timely completion of the project, assuring them of the state government’s support.

Earlier in his remarks, the Chairman of Anambra State Investment Promotion and Protection Agency(ANSIPPA) and Traditional Ruler of Umuoji, Igwe Cyril Enweze identified some of the key benefits of the projects to the state which he noted include promoting food security, creating both direct and indirect jobs for Ndi Anambra and introducing statewide activities that will enhance the State’s internally generated revenue (IGR)capacity.

The Chief Technical Officer and Deputy Managing Director of the Investing Company, Mr Ikem Muokebe while thanking Gov Obiano for creating the Agric Development initiative which they are keying into, said they intend also under the outgrower initiative of the project, train 1000 smallholders farmers and provide them with improved seedlings across their chosen crop belts, after which they will buy from them as offtakers at market prices.

The state’s Commissioner for Agriculture, Mechanization, Processing and Export, Mr Afam Mbanefo expressed the hope that as one of the largest commercial agric investments which the present administration has attracted, the project will in no small measure contribute towards the realization of the government’s vision to make agriculture a major foreign exchange earner for the State. Восстановление ванн www.voniurestauravimai.lt/

The Managing Director of ANSIPPA, Chief Joe-Billy Ekwunife thanked the Governor for his support that had enabled ANSIPPA deliver on its mandate and the investor for bringing their wealth and experience into the State.

From Chuks Collins, Awka


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