Governor Charles Soludo has announced that his government has initiated the importation of one million palm oil seedlings and one million coconuts from Malaysia.
The objective is to generate an annual revenue of N160 billion for the state of Anambra.
Deputy Governor Onyekachi Ibezim shared this information during the inauguration of the 2023 farming season at Alex Ekwueme Square in Awka.
He mentioned that the imported palm oil seedlings and coconuts have a maturity period of three years.
Once these investments reach full maturity, the harvested fruits will be processed by off-takers, resulting in an estimated annual income of over N160 billion.
Furthermore, the Anambra government plans to irrigate 10,000 hectares of land in Ifite Ogwari community, Ayamelum LGA, for rice farming.
The deputy governor highlighted the potential of agriculture to create wealth and employment opportunities for thousands of individuals.
Agriculture has been listed as a priority area of investment in the 50-year development plan of Anambra, demonstrating the government’s commitment to the sector.
The state’s Commissioner for Agriculture, Foster Ihejiofor, emphasized the focus on “biological farming” as a sustainable agricultural system.
This approach aims to preserve the environment, ensure the sustainability of the food system, and reduce input costs while enhancing soil and plant health.
Farmers were encouraged to embrace this new farming system, which is both environmentally friendly and economically beneficial, as it provides various advantages such as improved soil health, plant health, and nutrient levels.
The government assured farmers of its ongoing support for their agricultural activities
