Agricultural Firm Launches Partnership with Kwara State to Boost Soybean Production

Date: 2024-08-08

According to a news report from The Sun, Amo Byng Nig Limited, a farm specializing in the production of poultry feed and concentrates, has embarked on a groundbreaking partnership with the Kwara state government to enhance the local production of soybeans.

This collaboration represents a pivotal move towards reinvigorating the soybean sector and strategically tackling a significant shortage that has had a profound impact on poultry feed production throughout Nigeria.

The shortage of soybeans, intensified by extensive exports, has led to escalating costs in the production of poultry feed, presenting a challenge for poultry farmers across the country.

To counter this persistent issue, Amo Byng Nig Ltd. is providing essential support to local farmers by supplying critical farming inputs and committing to buy their soybean crops. This endeavour aims to stimulate local production, increase the availability of raw materials, and ultimately lower the costs of poultry feed production.

As part of this pilot program, the company has equipped 300 farmers with the necessary inputs to grow soybeans across 1,500 hectares in the Kaiama Local Government Area of Kwara State. The initiative covers four communities within the local government area. Additionally, the Kwara state government has provided tractors to aid farmers with land preparation, further enhancing the efficiency and effectiveness of the farming process.

The Group Managing Director of Amo Byng Nig Ltd., Dr. Ayoola Oduntan emphasised the partnership’s significance: “Addressing the soybean shortage is crucial for the poultry industry, as it directly impacts feed production. This partnership is vital for providing farmers with the necessary inputs and ensuring the purchase of their harvest. Our goal is to stimulate local production and alleviate the raw material shortage.”

Dr. Ayoola Belgore, Managing Director of Amo Byng Nig Ltd., elaborated on the broader vision of the initiative: “While this pilot program marks a significant step forward, our vision extends beyond this initial phase. We are committed to expanding its reach and bringing its benefits to other states in the near future.”

Adedamola Adeyeye, Head of Business at Amo Byng Nig Ltd., highlighted the comprehensive support provided to farmers: “Alongside providing essential inputs, we are dedicated to offering technical support and training throughout the production period to ensure farmers are well-equipped for success.”

Mrs. Oloruntoyosi Thomas, Kwara State Commissioner for Agriculture and Rural Development, expressed her appreciation to the company and reaffirmed the state government’s commitment to supporting the project and local farmers.

The event also saw the presence of key stakeholders including Mrs. Funke Sokoya, Permanent Secretary, Kwara State Ministry of Agriculture, Mr. Shuib Alawaye, Coordinator of Farmers Group, and Mr. Solomon Olawoyin, Kwara State Chairman of the Soybean Growers Association.

The partnership represents a significant advancement in agricultural collaboration and holds great promise for revitalizing soybean production in Nigeria. By ensuring a stable supply of locally produced soybeans, this initiative paves the way for a more sustainable and cost-effective poultry feed industry, ultimately benefiting the entire agricultural sector. The collaborative effort between Amo Byng Nig Ltd. and the Kwara State Government is a testament to the power of strategic partnerships in driving economic growth and agricultural development.

 


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