Olam Nigeria - Suru-Lere

Monday, 26 September 2022

Item details

City: Suru-Lere, Lagos
Offer type: Sell

Contacts

Contact name Olufemi
Phone 08039588069

Item description

Olam announces a N300m investment to set up community seed enterprises to increase wheat production in Nigeria

Lagos, Nigeria
Will trial heat-tolerant varieties and create economic opportunities for women farmers
Olam, and its subsidiary Crown Flour Mill Limited (CFM), have launched a N300 million (US $750,000) 10-year project to set up community seed enterprises for Nigerian farmers to increase their production of wheat.

This wheat value chain project will strengthen agricultural production in northern Nigeria’s wheat farming belt and underlines Olam’s commitment to supporting the country’s goal of achieving self-sufficiency in food production.

The project will trial new heat-tolerant varieties of wheat and improved agronomic practices using a participatory approach that directly engages farmers. It will also engage at least 10 female farmers’ associations to become true drivers of change for their communities by training women to lead community-based seed enterprises. These enterprises will produce and make available high value seed to farmers in their local communities.

The female farmers’ associations will be trained on the most advanced agronomic practices for wheat cultivation so these can provide valuable advice to local growers. Periodic feedback sessions will be scheduled between the women farmers, the research organisations and the value chain stakeholders on the status of cultivation to identify areas for change and innovation. This simple concept of “seeds and thoughts” is aimed at facilitating the adoption of new technologies and increasing economic opportunities for rural women.

Commenting on the launch of the project, Ashish Pande, Managing Director of CFM: said,
“In order to ensure the long-term viability of the wheat sector in Nigeria, it is critical to identify and support the development of high-yielding local wheat varieties. This project will further stimulate the federal government’s drive towards the attainment of economic growth, the country’s agricultural research capabilities, employment generation, community development and the economic empowerment of women in Nigeria.”