Firm Set to Use Agriculture to Tackle Poverty in Nigeria

Agbeyewa Farms, a subsidiary of Cavista Holdings Limited, has committed to eradicating poverty and promoting prosperity in Nigeria through its expansive agricultural initiatives, aligning with President Bola Tinubu’s administration’s priorities. At the ongoing Odu’a International Trade Fair in Ibadan, Agbeyewa Farms’ Managing Director, Mr. Oskar Seyi Ayeleso, highlighted the company’s dedication to making Nigeria food-secure by producing high-quality food and cash crops.

Agbeyewa Farms has already cultivated 1,500 hectares of cassava across multiple locations and plans to expand to 10,000 hectares across nine communities by 2026. This expansion aligns with the company’s vision to be Africa’s leading agro-allied company and demonstrates its commitment to leveraging agriculture as a means of addressing Nigeria’s economic challenges.

To support its cassava operations, Agbeyewa Farms has invested significantly in equipment and human capacity, adding over 25 tractors with more expected before year-end. Agbeyewa also recently secured a landmark MOU with Ekiti State for 100,000 hectares dedicated to cassava cultivation. Through its In-grower and Out-grower schemes, the company aims to empower local farmers by providing access to machinery, inputs, and off-take agreements.

Earlier this year, Agbeyewa Farms hosted U.S. Embassy officials, strengthening international partnerships that support its agricultural initiatives and development goals.
Source- ThisDayLive

Expert Review for Agri-Food Stakeholders:
Agbeyewa Farms’ aggressive expansion and strategic partnerships represent a pivotal advancement for Nigeria’s agricultural sector. The company’s cassava-focused growth plan has the potential to yield significant benefits for Nigeria’s agri-food ecosystem:

Enhanced Food Security:
With a plan to cultivate 10,000 hectares of cassava by 2026, Agbeyewa is poised to contribute to Nigeria’s food security, offering a dependable source of cassava and related products for local consumption and processing.

Economic Empowerment and Job Creation:
Agbeyewa’s In-grower and Out-grower programs empower local farmers, fostering economic development and generating job opportunities within rural communities through secure market access and machinery support.

Agricultural Mechanization and Infrastructure:
The acquisition of over 50 tractors bolsters Agbeyewa’s commitment to agricultural mechanization, which is essential for increasing productivity, improving land management, and driving large-scale agricultural activities in Nigeria.

International Recognition and Partnerships:
By hosting U.S. Embassy representatives and forming global partnerships, Agbeyewa Farms demonstrates a commitment to building internationally recognized standards and attracting potential foreign investment to support Nigerian agriculture.

Strategic Model for Agribusiness Growth:
Agbeyewa’s expansion aligns with President Tinubu’s economic priorities and serves as a model for other agro-allied companies in Nigeria. Their structured approach—from MOU agreements to international collaboration—illustrates a sustainable path for scaling agribusiness and creating systemic change within the industry.

Agbeyewa Farms’ cassava revolution reflects a robust model for agricultural transformation in Nigeria, positioning it as a cornerstone for food security, economic empowerment, and sustainable growth in West Africa’s agri-food sector.