Kwara, Islamic Development Bank Ink $57.2m Deal to Revolutionise Livestock Sector

Date: 2025-04-04

The Kwara State Government has entered a strategic partnership with the Saudi Arabia-based Islamic Development Bank (IsDB) to channel a $57.2 million investment into an agricultural transformation initiative. The project aims to enhance livestock production and rural development, focusing on beef and dairy processing infrastructure.

Dr. Busari Isiaka, State Coordinator of the Special Agro-Industrial Processing Zone (SAPZ), confirmed the collaboration during a press briefing in Ilorin on Thursday. He outlined that the funding will establish critical infrastructure to support both investors and local farmers, streamlining value chains in the livestock sector.

Highlighting the initiative's significance, Dr. Isiaka noted that Kwara's Governor, AbdulRahman AbdulRazaq, has become the first sitting governor to chair a steering committee for such a project, underscoring the administration's commitment to agricultural innovation.

“To understand the importance of this project, it is a five-year initiative with joint funding from the state government and IsDB.

“While other states in the federation receive support from the African Development Bank, Kwara is pioneering this collaboration with the Islamic Development Bank,” he said.

He further highlighted that Kwara demonstrated early commitment by swiftly paying its counterpart funds, making it the first state to fulfill its financial obligations.

“This prompt action has enabled significant progress on the project.

“The initiative primarily focuses on improving agricultural infrastructure, particularly in the livestock sector, with the core objective of enhancing the livelihoods of rural communities.

“The SAPZ project will prioritise youth and women while promoting food and nutritional security.

“It is designed to provide sustainable solutions for livestock farmers by ensuring access to modern processing facilities,” he added.

Dr Isiaka also stated that the project was being implemented in five local government areas– Ifelodun, Kaiama, Baruten, Asa, and Moro.

He explained that it would feature Agricultural Transformation Centres.

“Here, local farmers can process raw materials such as milk before transporting them to an agro-industrial hub in Malete, Moro Local Government Area, for further processing into dairy products like yogurt and cheese.

“The beef value chain will also be integrated into the project, with necessary facilities to support meat processing.

“To ensure smooth execution, we conducted extensive environmental assessments and community consultations.

“We have profiled over 5,000 beneficiaries, ensuring that the infrastructure meets their needs, including access to potable water,” he said.

According to Isiaka, the project is currently in its design phase and is expected to transition into full infrastructure development later this year.

He also revealed that the state government had engaged consultants to attract both local and international investors to the project.

“The goal of the Special Agro-Processing Zone (SAPZ) is to reduce agricultural wastage and enhance value addition.

“Kwara is positioning itself as a leader in livestock processing, and this initiative will ensure that our farmers benefit immensely,” he said.

(NAN)

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

All Confederation Of Principals Of Secondary Schools     Kwara State Infrastructure Development Fund     SGBN     Lola Ashiru     Federal Polytechnic Offa     Dan Iya     Abdulquowiyu Olododo     Sarah Jubril     New Model Police Station     Raji AbdulRasaq     Federal Neuro-Psychiatric Hospital     Micheal Imodu-Ganmo Road     CKNG     Basic Education Certificate Examination     Budo-Egba     Abdulganiyu Oladosu     Yusuf Aiyedun     Ajibola Saliu Ajia     Isapa     Orire     Saadu Yusuf     Budo Egba     Kawu     Ibraheem Adeola Katibi     Temitope Ogunbanke     Ayegbeni     Alumni Association Of The Federal Polytechnic Offa     Mashood Dauda     Ilorin Like-Minds     Aliyu Olatunji Ajanaku     Kwara State Television (KWTV)     Musa Abdullahi     Saudat Abdulbaqi     Al-Adaby     Ojo Fadumila     Hassan Saliu     Saliu Alamoyo     Elerinjare     Michael Nzwekwe     Bola Shagaya     Vasolar     Baba Issa Awoye     Yahaya Dumoye     Ebun-Olu Adegboruwa     Earlyon Technologies     Aminat Ahmed     Muhammed Taofeeq Abdulrazaq     Post-utme     Aishat Mohammed Lawal     KWATMA     Saliu Ajibola Ajia     Shonga     Prince Bola Ajibola     Oba Of Jebba     BIR     Egbewole     Elerin Of Erin-Ile     Kannike     Gabriel Fashanu     Adesoye     Sulyman Atolagbe Alege     Maja     Ibrahim Sulu Gambari     Tunji Moronfoye     Ejidongari     Nigeria Governors\' Forum     Alanamu     Bayo Onimago     Mansur Alfanla     NIRSAL     Kwara Teaching Service Commission     AbdulHakeem Ajibola Akanbi     Ilorin Muslim Community     Jebba     Laboratory-to-Product     Olosi Of Osi     Abubakar Baba    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ilorin Talaka Parapo     Saheed Akinwumi     Oloyede     Aminu Ado Bayero     Kwara Poly     Bolakale Saka     Vishvas KOZ Tractors     Abdulrahman Abdulrazaq     Afolayan     Ibrahim Abduquadri Abikan     Yekini Adio     Ben Duntoye     Agbarere     Atiku     Olusola Saraki     Kwara Coalition Of Business And Professional Associations     Christopher Ayeni     Ibrahim Kayode Adeyemi     Ibrahim Taiwo Road     SWAN     Bank Of Industry     Oladipo Akanmu Tolani     Oniyangi Kunle Sulaiman     Samuel Adaramola     MalHub     Abdulrasheed Na\'Allah     Senate Presidency     Shettima Of Ilorin     Marafan Shonga     Ahman Pategi University     Iyaloja-General     IQRA College     ENetSuD     Yahaya Dumoye     Overland     Kola Olota     Senate     Kayode Ogunlowo     Budo Egba     HAMFAT Clinic And Maternity     Amos Sayo     Rafiu Olasile     Baba Issa     Mohammed Abdulahi     Kwara 2019     Eghe Igbinehin     SUBEB     GANZY     Saka Abimbola Isau     Ekweremadu     Mohammed Tunde-Jimoh     Olaosebikan     Local Government     Niguel Gallando Marcias     Alikinla     Ibikunle Ogunleye     Bankole Omishore     Hikmah AbdulKareem     Abdulrahman Abdulrazak     Ahmad Ali     Tsado Manman     Muhammadu Buhari     Sadiq Buhari     Ilorin Curfew     Saliu Mustapha     Adekunle David Dunmade     Okala Baba     Funmilayo Braithwaite     Ali Ahmad     Hijaab     Muhammad Sirajo Aliyu     Just Event Online     Hamid Bobboyi     Demola Banu     Olomu     Abdullahi Atanda     Oluwole Dupe