Home News High Expectations As World Bank Approves Establishment Of Agribusiness In Ekiti

High Expectations As World Bank Approves Establishment Of Agribusiness In Ekiti

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In a significant step expected to boost economic growth and improve the livelihoods of thousands of farmers in Ekiti State, the World Bank has  approved  the establishment of an agribusiness hub in the 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 will serve as a one – stop – shop for farmers, processors and other stakeholders in the agricultural sector will also provide access to finance, markets and technology.

According to him, the agribusiness hub  is also expected to make a significant impact on the State’s economy as it would enable 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 is aimed to enhance productivity and commercialization of the Livestock value chain adding that is commendable that the World Bank has indeed shown interest in supporting Ekiti State ‘s agricultural sector.

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.

He noted 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 commitment of Abiodun 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.

Packaged by Mayowa Owogbade

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