On Tuesday, June 25, 2024, the Federal Executive Council approved an Agro-Development Syndicated Facility. Under this facility, Origin Tech Group will power one of Nigeria’s truly innovative integrated food security systems by collaborating with the Federal Ministry of Agriculture and Food Security to implement the ground-breaking “Greener Hope Agricultural Productivity Programme,” a large-scale agricultural mechanization initiative that will greatly increase food production.Speaking on Tuesday’s Nigerian Television Authority (NTA) Live program, Senator Abubakar Kyari, the Minister of Agriculture and Food Security, praised Origin Tech Group for their innovative yet domestic project and said it aims to create an integrated food security system that will integrate food production, logistics, and market hubs covering 150,000 hectares nationwide.
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It will supply land clearance, irrigation, and mechanized equipment for huge farms with an area ranging from 2,000 hectares to 25,000 hectares per cluster, according to Kyari. The minister added that it is anticipated that the program will result in the creation of roughly 1.5 million jobs and a 25% decrease in food prices. It is comparable to a food production Marshall program.
The goal of the initiative is to accomplish its goals in three years, beginning with the dry season farming in 2024. It is focused on crops with quick coverage and has a ten-year funding timetable.
While highlighting the government’s commitment to food security and the preservation of indigenous industry during his visit to Minna, Niger State, earlier in the year, President Bola Tinubu made hints about the Greener Hope Agricultural Productivity Programme as a cornerstone project of his administration.He emphasized that the initiative’s objective is to increase the productivity of the agro-value chain by deploying cutting-edge agricultural machinery and technologies. “The Greener Hope Agricultural Productivity Programme is an essential platform for addressing the challenges in Nigeria’s agricultural mechanization,” stated President Tinubu. He emphasized the administration’s commitment to fostering indigenous industry, guaranteeing food security, and converting Nigeria into an opportunity-driven economy.
Origin Tech Group, which has a track record of successful collaborations and market expansion, will be in charge of this project, which intends to create mechanization hubs around the country in order to increase the agricultural sector’s contribution to Nigeria’s GDP (gross domestic product). Origin Tech Group has led the industry for more than 25 years, providing cutting-edge, in-house solutions for a range of industries, including food systems, automotive, civil engineering, and construction.
