Investors have the opportunity to get involved in the cultivation and processing of soya beans in Kwara State, situated in central Nigeria.
Investment Opportunity
The Kwara State Government has identified agriculture as the main sector to drive economic development in the region. The majority of state's population is involved in farming activities albeit on a small scale basis. It is the administration's desire to attract more commercial farmers such as the ones from Zimbabwe who successfully relocated to the area a few years ago. The state has about 2 million hectares of cultivatable land that is currently not being utilised.
Soya beans - along with cassava, maize, rice, cow pea, and groundnut - is one of the six crops that Kwara State's Ministry of Agriculture and Natural Resources is focusing on. The state has an excellent climate for the cultivation of soya beans and the state government will do anything in its power to assist investors in both the cultivation and processing of the crop.
Market
Nigeria has a population of more than 140 million people which provides any investor with a ready market. The majority of Nigeria's food is currently imported but the federal government is desperate to change this. The country is also strategically located to export to the West Africa sub-region, as well as other international markets.
Incentives
The Kwara State Government is committed to create an enabling environment for investors.
Investors will be assisted in the following areas:
Contact Details Investors interested in this project should contact Fela Ibidapo, Special Assistant to the Executive Governor, Kwara State (Investments) at infonigeria@gan.co.za
