Agro-economy: Anambra Govt To Partner Palm, Coconut Farmers, Says Soludo

June 17, 2022

In its quest to key into the economy diversification agenda of the Federal Government, the Anambra State Government has indicated readiness to invest in coconut and palm production and also partner with farmers in that area as a way of generating income for the state.

The Anambra State Governor, Prof. Chukwuma Soludo during flag-off of the 2022 Farming Season, at Dr Alex Ekwueme Square, Awka, stated that the palm and coconut production initiative was part of efforts to introduce regenerative agriculture as the pathway to food sufficiency and repositioning of the state’s economy.

Join our WhatsApp Channel

According to the Governor, his administration is championing the reenactment of the palm revolution which built the old eastern region, as a way of going back to where the late M.I. Okpara stopped.

Soludo explained that since the value of crude oil is depreciating, going into coconut and palm production becomes one of the viable alternatives in agriculture to generate income.

The Governor maintained that he foresees the coconut and palm economy becoming a major game changer in the diversification of economic resources for foreign exchange.

Agro-economy: Anambra Govt To Partner Palm, Coconut Farmers, Says Soludo Agro-economy: Anambra Govt To Partner Palm, Coconut Farmers, Says Soludo

He expressed his administration’s readiness to partner communities and individuals who are interested in going into palm and coconut farming, projecting that if it continues for the next ten years, Anambra will be earning billions of dollars in export as a fore-runner to the introduction of the industrialization, liesure and other new economies.

The state Commissioner for Agriculture, Dr. Foster Ihejiofor harped on the governor’s commitment to not just agriculture but the well-being of Anambra people, pledging that they will work with Anambra farmers to systematically migrate from chemical-based conventional farming to regenerative biologically-driven farming.

Dr. Ihejiofor explained that to drive the process, they created Sustainable Agriculture Task Team (SATT) saddled with domesticating best farming practices for Anambra, stressing that when fully implemented, it will drastically curtail the cost of farm inputs, thereby increasing the wealth of Anambra farmers, while lowering the cost of food for all.

The theme of the event is ‘Empowering Women and Youth through Regenerative Agriculture for Sustainable Development’.

The governor wished farmers a great farming season and a bountiful harvest ahead.

Those that attended the event included farmers from the 21 local government areas in the state.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Previous Story

Music Label Of K-Pop Band, BTS Lost $1 billion Amid Confusion Over Breakup

Next Story

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

Featured Stories

Latest from News

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as a “reckless and serious threat” issued by U.S. President Trump, accusing him of violating international law, free trade, and freedom of navigation, Prime Business Africa reports. In an official statement released on

NMDPRA CEO Distances Self From Viral Statement on Allegations

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has disclaimed a lengthy statement circulating online in which he was said to have responded to recent allegations against him, describing it as false and unauthorised.

Airplane Crashes at Owerri Airport – Four Injured, No Fatalities

A Skypower Express Cessna 172, registration 5N‑ASR, crashed during an emergency landing at Sam Mbakwe International Cargo Airport in Owerri, Imo State, on Tuesday night. The aircraft, which had departed Kaduna International Airport bound for Port Harcourt International Airport, declared an in‑flight emergency and diverted

Musk Predicts AI Future Where Salaries, Money Lose Relevance

Elon Musk has warned that money and salaries could become irrelevant in the future as artificial intelligence and robotics advance to the point where human labour is no longer necessary. The world’s richest man said a future dominated by AI could eliminate
Previous Story

Music Label Of K-Pop Band, BTS Lost $1 billion Amid Confusion Over Breakup

Next Story

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

Don't Miss

FBS Joins Forces with Education Africa to Empower Youth in Orange Farm

JOHANNESBURG, South Africa, 22 September 2023 -/African Media Agency(AMA)/- FBS,
Nigerian Govt Records Breakthrough in Oil, Gas R&D, Commissions Gas Leak Detection Device

Nigerian Govt Records Breakthrough in Oil, Gas R&D, Commissions Gas Leak Detection Device

The Federal Government through the Nigerian Content Development and Monitoring