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FG seeks to generate N2bn annually from Ogun farm estate

THE construction of the Federal Government’s integrated farm estate has commenced in Ogun State with a target of engaging 1500 workers and generate a revenue of N2bn annually after its first year.

This was disclosed in a statement issued in Abuja by the National Agricultural Land Development Authority, NALDA’s Executive Secretary, Paul Ikonne.

The statement said the facility would be the biggest farm estate of the National Agricultural Land Development Authority in fish, goat and snail production, adding that the farm estate was being constructed on 100 hectares of land in the state’s Special Agro Industrial Zone located in Makun-Obafemi Owode Local Government Area.

It read in part, “The farm estate will boast of garri processing and packaging plants, snail farming, goat rearing and fish farming.”

Ikonne said land clearing had been done and was being mapped out for crop farming, cassava processing, fish processing, snail processing, warehouses, fish pond, snail farm, poultry, goat and sheep pen, office area and pasture area for grazing.

He said, “The reason why we want to make Ogun farm one of the biggest in production is its proximity to Lagos. We know that there is market in Lagos.

“Our target for the farm in Ogun is to generate about N2bn annually after the first year of the startup. Ogun is one of our key farm estate because of its proximity to the sea ports for export purposes.”

He said the farm estate would expose the host community to development and boost their living standard.

“The prospects are high because there will be movement of people coming into the community to buy from the farm estate based on what is being produced there,” Ikonne stated.

The integrated farm estate was purely organic and would be fully mechanised with all year round farming activities as irrigation system would be deployed on the facility, the NALDA boss said.

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