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.

Nigerian Medical Association     Idris Amosa Saidu     Ajibola Saliu Ajia     Sabo-Oke     N-Power     Dan-Kazeem     Kazeem Adekanye     Maja     High Court     Kehinde Boyede     National Broadcasting Commission     AbdulRahman Saad     CCT     Ilorin West/Asa Federal Constituency     Kazeem Oladepo     07039448763     General Hospital, Ilorin     Alumni Association Of The Federal Polytechnic Offa     Convocation Ceremonies     Ibraheem Abdullateef     Women For Change And Development Initiative     AbdulGaniyu Kareem     Okin Biscuits     Ibrahim Akaje     Garba Ayodele Wahab     Funke Adedoyin     Olatunde Oyeyiola     Bamidele Adegoke Oladimeji     Government Girls’ Day Secondary School Pakata     Mansur Alfanla     Senate President     Oluwatoyin Lukman     Valsolar     Abdulrahman Abdulrazaq     Nigerian Correctional Service     Kamaldeen Ajibade     Maryam Nurudeen     Olabanji Orilonishe     Hydroelectric Power Producing Areas Development Commission     Raji AbdulRasaq     Joana Nnazua Kolo     Ophthalmological Society Of Nigeria     Oluwarotimi Boluwatife Adenike     IYA ALFA NLA     Kwha.gov.ng     Alabi Lawal     Surajudeen Akanbi     Micheal Imoudu     Ayodele Kuburat Olaosebikan     Oke-Kura     VADA     Bank Of Industry     Olusegun Adeniyi     Gbenga Adebayo     Gurei     QuickWin     General Tunde Idiagbon International Airport Ilorin     Ali Ahmad     Funmilayo Mohammed     Budo-Egba     Awili Pedro     Tafidan Kaiama     Aliyu Muhammad Saifudeen     Abdulwahab Ololele     Tunji Folami     Kazeem Gbolagade     KWASEIC     Mufti Of Ilorin     Jumoke Gafar     Paul Olawoore     Kwara Restoration Project     Oloje     Abdul-Rasheed Na\'Allah     Afolabi-Oshatimehin     Bisi Oyeleke     Isau     Gbenga Olawepo    

Cloud Tag: What's trending

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

Lawyers Unite Against Corruption     NIPR     Grillo     Razak Atunwa     Salmon Babatunde Salmon     Offa Poly     Saliu Tunde Bello     IHS Towers     Olateju Lukman     Moji Makanjuola     Ahmed Bolaji Nagode     Nigeria Computer Society     First Lady     TIC     GAMA     Tafida     Ope Saraki     Shehu Salau     Pakata     Ayo Salami     Kemi Adeosun     Afolabi-Oshatimehin     Oluronke Adeyemi     Kayode Oyin Zubair     John Olajide Adedipe     Khadijat Ayoola Yusuf     Theophilus Oyebiyi     AbdulRasaq Abdulmajeed Alaro     CACOVID     Okiki     Unilorin     AIT Ilorin     Illyasu Abdullahi     Freshvine Nigeria Limited     Olaoye B. Felix     Monkey Pox     Monthly Sanitation Exercise     Busari Alabi Alausa     Ojo Fadumila     Saka Onimago     Park     Owode Market     Sadiq Buhari     Awoye     Elerinjare-Ibobo     Joana Nnazua Kolo     Haliru Yahaya     ANCOPPS     AGM Professional Services     Baba Idris     Alaro     2023 Elections     Abdulrauf Yusuf     Association Of Kwara State Online Media Practitioners     Gabriel Fashanu     Kolawole Akande     Idowu Laro     ER-KANG Mining     Ella Supreme Tissue Paper     Patience Jonathan     Ayodele Kuburat Olaosebikan     Ahman Patigi     A.E. Afolabi     Ilorin Metro Park     Mohammed Abduraheem     Fatai Adeniyi Garba     Salman Suleiman     Oniyangi Kunle Sulaiman     Surajudeen Akanbi     Elections     Abdulraheem Yusuf     Alloy Chukwuemeka     Awodun     Seun Bolaji     Kayode Ogunlowo     Bamidele Aluko     Sarakite