Amo Byng Nig Limited has commenced a strategic partnership with the Kwara State Government to bolster local soybean production, addressing the current shortage that is impacting poultry feed production across Nigeria.
This collaboration was formally launched on July 16, 2024, and marks a significant step towards revitalizing the soybean industry. The soybean shortage has led to increased feed production costs for poultry farming, as much of Nigeria’s soybeans are being exported.
In response, Amo Byng Nig Ltd. is stepping in to support local farmers by providing essential farming inputs and committing to purchase the soybean at harvest. This initiative aims to stimulate local production, improve raw material availability, and reduce production costs.
As part of this pilot programme, Amo Byng Nig Ltd. has equipped 300 farmers with inputs to cultivate soybean across 1,500 hectares in the Kaiama Local Government Area of Kwara State. The programme encompasses four communities within the local government area. In support of this initiative, the Kwara State Government has allocated tractors to assist farmers with land preparation, enhancing the efficiency and effectiveness of the farming process.
Group Managing Director of Amo Byng Nig Ltd., Dr. Ayoola Oduntan, emphasized the importance of the partnership: “Addressing the soybean shortage is crucial for the poultry industry, as it directly impacts feed production. This partnership is vital for providing farmers with the necessary inputs and ensuring the purchase of their harvest. Our goal is to stimulate local production and alleviate the raw material shortage.”
Managing Director of Amo Byng Nig Ltd., Dr. Ayoola Belgore, highlighted the broader vision of the initiative: “While this pilot program marks a significant step forward, our vision extends beyond this initial phase. We are committed to expanding its reach and bringing its benefits to other states shortly.”
Head of Business at Amo Byng Nig Ltd., Mr. Adedamola Adeyeye, underscored the comprehensive support provided to farmers: “Alongside providing essential inputs, we are dedicated to offering technical support and training throughout the production period to ensure farmers are well-equipped for success.”
Kwara State Commissioner for Agriculture and Rural Development, Mrs. Oloruntoyosi Thomas, showed appreciation to the company and reaffirmed the state government’s commitment to supporting the project and local farmers.
The event also saw the presence of key stakeholders including Permanent Secretary of Kwara State Ministry of Agriculture, Mrs. Funke Sokoya, Coordinator of Farmers Group, Mr. Shuib Alawaye, and Kwara State Chairman of the Soybean Growers Association, Mr. Solomon Olawoyin.