Kwara establishes $150m Agro-processing complex in Share

Date: 2012-03-13

by Femi Akorede

In its determined efforts to transform Kwara State to Nigeria's number one investment destination for Agriculture, the Kwara State Government has signed a Memorandum of Understanding (MoU) with the Mosila Group Limited for the establishment of a 600 tonne Agro Processing Complex in Share, Ifelodun Local Government Area of the State.

The Agro Processing Complex is to take advantage of the state's huge potential in cassava farming by adding value to cassava derivatives. The Chairman of Mosilo Group Limited, Mr Moses Siasia, who signed on behalf his company, said the Agro-processing Complex which would be on a One hundred hectares would be built in three phases. Mr Siasia said an 18 month period has been earmarked for the completion of the first phase of the project at a cost of One hundred and fifty million U.S Dollars ($150m).

The Chairman explained that Kwara State was chosen for the project because of its tremendous achievements in agriculture and investment pursuits. 

Speaking at the occasion, the governor of Kwara State, Alhaji Abdulfatah Ahmed said the Agro Processing Complex will change the status of Nigeria as the largest producer of Cassava in the world without added value.

"Our purpose is to move agriculture from the farms to the industries through well coordinated commercial and industry-based agricultural practices", Alhaji Ahmed said. He added that the complex will be a big boost for the realization of the values of the Cassava Reformation agenda of the State and Federal Governments. According to Governor Ahmed, the choice of Kwara State for the Agro Processing Complex was apt as the State produces 40 tones of cassava per hectare which would be ready made raw material for the complex.

Alhaji Ahmed added that the State had well coordinated policies in agriculture which included the establishment of agricultural hubs in parts of the State with special focus on certain farm products. The Governor who described agriculture as the future of Nigeria said Kwara State, through various policies and partnership with the private sector, was emerging as the change agent in agricultural practice in the country.

 

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