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Home Agriculture

Nigeria unveils new seed production company

Farmers Review Africa by Farmers Review Africa
December 22, 2021
in Africa, Agriculture, Commodities, Cooperation, Nigeria
Reading Time: 2 mins read
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Ecsponent to acquire 45.5% of Botswana seed company
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The African Agriculture Technology Foundation (AATF), Bill and Melinda Gates Foundation (BMGF), Alliance for Green Revolution in Africa (AGRA) and the Seed Entrepreneurs Association of Nigeria (SEEDAN), have unveiled a private for-profit foundation seed entity – ECOBasic Seed Company Limited to produce foundation seed for the Nigerian and West African markets.

Speaking at the launch in Abuja, Managing Director, ECOBasic Seed Company, Mr. Brighton Karume, said the move aims to boost food production through the deployment of new technologies. Nigeria could close her maize production versus demand gap by increasing the number of farmers that uses hybrid variety seed from the current 10% to about 50 to 100%.

Also read: Key provisions of Nigeria’s finance bill 2021

He added that the development will double the country’s maize yield from the current two metric tonnes per hectare to over four mt/hectare, thereby increasing yearly production to about 20 million mt. The company would provide quality and sustainable foundation seed solutions to hybrid companies and increase the productivity and profitability of seed companies and farmers in Nigeria.

Target

“To catalyse the development of hybrid maize technology adoption rate in Nigeria, medium term ECOBasic will concentrate in Nigeria whilst in the long run, it will target the ECOWAS region. It will target indigenous and international seed companies that produce certified hybrid seed.”

Executive Director of AATF, Dr. Canisius Kanangire, said the company would fill a vacuum that denied farmers access to quality and pure seeds. He explained that the new company would produce, process, and supply high-quality foundation seed to companies, across the Nigerian and West African seed markets.

“It is a strategic priority for every West Africa nation to be self-sufficient in agricultural food production, and the journey to food security begins with high quality foundation seed with undiluted purity,” said Dr. Kanangire.

Related

Source: Farmers Review Africa
Tags: AATFAfrican Agriculture Technology FoundationAgraAlliance for Green Revolution in AfricaBill and Melinda Gates FoundationBMGFBrighton KarumeECOBasic Seed Company LimitedECOWASFeaturemaizeNigeriaNigeria unveils new seed production companySeed Entrepreneurs Association of NigeriaSEEDANнигерияنيجيرياナイジェリア尼日利亚
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Farmers Review Africa

Farmers Review Africa

Farmers Review Africa strives to be the main source of information about new products, trends and technologies in agriculture and farm inputs. www.farmersreviewafrica.com

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