Ogun begins large-scale rice production as gov flags off harvest
Ogun State has launched the harvest of a 200-hectare rice farm in Magboro, joining the ranks of rice-producing states like Lagos and Kebbi. Supported by the Ogun State Economic Transformation Project and the World Bank, the farm, managed by 200 farmers, mainly women and youths, yields 1,400 metric tons of rice per cycle, worth about N1 billion. Governor Dapo Abiodun plans to expand the farm to 2,000 hectares, potentially generating N30 billion annually. The project aligns with national goals to eradicate hunger and boost local food production, offering farmers advanced agricultural techniques and training at a 65% discount. Source: BusinessDay
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Ogun State’s official entry into rice production, marked by the launch of a 200-hectare rice farm in Magboro, is a significant milestone for the entire agri-food value chain. This initiative, part of the Ogun State Economic Transformation Project, supported by the World Bank, is poised to drive substantial economic growth by creating jobs, especially for women and youth, and boosting local economies. The farm’s three-month rice production cycle, yielding 1,400 metric tons per cycle, highlights its potential to contribute significantly to food security and reduce Nigeria’s dependency on rice imports.
Expanding the farm to 2,000 hectares, as planned by Governor Dapo Abiodun, could generate an estimated N30 billion annually, transforming Ogun State into a major player in Nigeria’s rice industry. The integration of advanced agricultural techniques, quality seeds, and modern irrigation systems, coupled with technical training, equips farmers with the tools needed for sustainable and profitable farming.
This project not only aligns with national goals to eradicate poverty and hunger but also positions Ogun State as a leader in innovative, technology-driven agriculture. It demonstrates how strategic investments in agriculture can yield significant returns, fostering growth across the entire value chain.
