Companies establish partnership to address challenges associated with agricultural supply chain in Nigeria

A new partnership between Sabi, the $1 billion GMV B2B e-commerce platform, Nigerian agricultural companies Nectar Fresh Limited and Meadow Foods, has been


By: | on | 941 views
Topic: News


Companies establish partnership to address challenges associated with agricultural supply chain in Nigeria


A new partnership between Sabi, the $1 billion GMV B2B e-commerce platform, Nigerian agricultural companies Nectar Fresh Limited and Meadow Foods, has been established with the support of the Nigerian government to address the ongoing supply chain and development challenges in Nigeria's agricultural sector.
 

Fresh Angle International, understands that the partnership, will create jobs and drive economic growth in the small communities of Saki, Otiki, and Agbugudu in Oyo State, while exploring new regions in the Opara Forest.

 

The project spans a vast 250,000-hectare forest and leverages advanced drone technology to ensure full exploration and sustainable resource management.

 

The Oyo State Aggregation initiative, aims to create a reliable supply chain of various premium crops, including 30,000 MT of cashew nuts and 10,000 MT of shea nuts.
 

This initiative also heralds a new era of responsible agricultural production, integrating access, technology, and innovation to ensure continued access to the forest reserves while investing in and developing the local communities. Between them, the three companies will invest more than ?52 million over the next year.

 

Under Sabi’s leadership, the partnership will provide the necessary financial, operational, and infrastructural contributions to ensure partners and community members are well supported. A centralized warehouse in Saki will be built to provide quality storage for export-ready commodities.

 

"This initiative marks a significant step towards creating a more reliable and community-focused agricultural supply chain in Nigeria,” said Ademola Adesina, president and co-founder of Sabi. “By empowering small farmers and providing them with the resources and market access they need, we are fostering economic growth and community development in Oyo State."

 

Meadow Foods, the local subsidiary of Dutch parent Acrosstrades, will play a pivotal role in project development and management, quality assurance, and technology integration on the ground. This logistical work is critical at a time when the agricultural industry in Nigeria strives to close supply chain gaps contributing to shortages.

 

Meadow Foods, the local subsidiary of Dutch parent Acrosstrades, will play a pivotal role in project development and management, quality assurance, and technology integration on the ground. This logistical work is critical at a time when the agricultural industry in Nigeria strives to close supply chain gaps contributing to shortages.

 

Nectar Fresh will take the lead with community leaders of the Opara Forest to ensure access to and development of farmers and their crops. The community work will be essential to project success, especially in supporting a commercial environment that will make it easier for small farmers to thrive and compete. The Oyo State Aggregation Project will create job opportunities for at least 350 people by December.

 

"We are committed to ensuring that small farmers have the support and access necessary to thrive,” said Soji Ogundoyin, ceo, Nectar Fresh. “Our engagement with community leaders will be key to the success of this project, and we look forward to working closely with them and to creating new avenues for commercialization and market access."

 

Last Friday, the Ministry of Environment & Water of Nigeria granted the project license to Sabi, marking the official start of this transformative initiative.

 

 

 
 

Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104


Sponsored Ad



Hitler Preye Bela
She is the Confidential Secretary/Desktop Publisher of Fresh Angle International Newspaper. A Graduate of Computer Science, Federal Polytechnic, Auchi, Edo State with over 7years experience in Desktop Publishing. She can be reached on 07033457898
Read other stories by Hitler Preye Bela

Our strategic editorial policy of promoting journalism, anchored on the tripod of originality, speed and efficiency, would be further enhanced with your financial support. Your kind contribution, to our desire to become a big global brand, should be credited to our account:

Fresh Angle Nig. Ltd
ACCOUNT NUMBER: 0130931842.
BANK GTB.



Sponsored
Sponsored Ads