Kwara, Islamic Development Bank Ink $57.2m Deal to Revolutionise Livestock Sector
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.
Adamu Ibrahim Sabi Wahab Kunle Shittu Isau Oba Sulaiman Asude Waziri Yakubu Gobir Mohammed Abdulahi Olubukola Kifayat Adedeji Ahmad Belgore ER-KANG Mining Tosin Saraki Ganmo Power Sub-Station Muritala Awodun Titus Suberu-Ajibola New Model Police Station Gaa Olobi Law School Scholarship Oju Ekun Sarumi Kwara TV AbdulRauf Keji Ilorin Emirate Stakeholders Forum Roseline Oni Aremu TETFUND HAMFAT Clinic And Maternity Jamila Bio Ibrahim Bilikisu Gambari Kwara South Goodluck Jonathan NITDA Nupe Lawal Arinola Kudirat Salihu Ajia Amina Susa\'a De Ahmed ENetSuD Aisha Buhari Yashikira Kwara Politics Olufolake Abdulrazaq Ojuekun Biliaminu Aliu New Nigeria People’s Party Afeyin-Olukuta Kwara Liberation Group Tescom.kwarastate.gov.ng Bilikis Oladimeji Elelu Curfew Aisha Gobir Marufat Oladosu Simon Sayomi Kayode Ibrahim Haashim Initiative For Community Advancement Isiaka Alikinla Obasanjo Elesie Of Esie Kolawole Akande Shururat Olatinwo Towobola Abdulrahman Toyin Abdulrauf Aliyu Bashir Badawi Ahmad Lawan Turaki Of Ilorin TVC Female National Debate Funmilayo Mohammed Garba Dogo Rasheed Jimoh Oluranti Idowu Muyiwa Oladipo Kanu Nurudeen Mohammed Adamu Atta Ishaq Abdulkarim Ajidagba MINILS Olokoba Sulyman Sola Saraki Educational Foundation Tunde Idiagbon Road Ibrahim Gambari Inside Kwara

