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    Home»Business»Agriculture»Olam announces N300m investment to promote wheat production in Nigeria
    Agriculture

    Olam announces N300m investment to promote wheat production in Nigeria

    starconnectBy starconnect27 October 2021No Comments3 Mins Read
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    Olam to develop Heat-tolerant varieties to create economic opportunities for women farmers
    Ashish Pande, Managing Director of CFM and other guests during the launch on Wednesday
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    Heat-tolerant varieties to create economic opportunities for women farmers

    Admin l Wednesday, October 27, 2021

    LAGOS, Nigeria  – 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 try 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.”

    This wheat value-chain project is the outcome of extensive high-level consultations with key stakeholders, following the successful inaugural Olam Green Land Webinar Series held in March. It will involve a partnership with key stakeholders including the Lake Chad Research Institute (LCRI), and Dr Filippo M Bassi, Senior Scientist, Durum Wheat Breeder of the International Center for Agricultural Research in the Dry Areas (ICARDA).

     Speaking on the partnership, Dr. Kachalla Kyari Mala, Principal Research Officer, LakeChad Research Institute said  the institute is delighted to be a part of this intervention, as it represents a laudable private sector financial support and contribution to all the work done and other ongoing research endeavours by the LCRI in the area of wheat development.

    The “community-based or village-based seed enterprises” to be employed by Olam on this project is a scalable strategy developed originally for Ethiopia by ICARDA’s scientists, where it has shown great success. ICARDA has since expanded its application to the river systems of Sudan, Senegal and Mauritania.

    Dr. Filippo Bassi, who was also a recipient of the Olam Prize for Innovation in Food Security in 2017 said the selection of female farmer associations as community enterprises is premised on the fact that investing in rural women has proven to yield nearly double the development outcomes than previously done.

    “Women farmers are conscientious with their use of income, deploying it wisely, reinvesting it in innovations and seeking the betterment of the whole community. African women are the true glue that keep the community together”, he said.

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    Olam Wheat production in Nigeria
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