The Nigerian Society of Engineers (NSE) has signed Memoranda of Understanding (MoUs) with Integrated Lancaster Farms and Assetrise Limited to establish demonstration farms nationwide. The initiative aligns with NSE’s strategic agenda to combat food insecurity and create job opportunities.
In a statement released during its international conference, the NSE emphasized that the partnerships will introduce innovative agricultural technologies to address Nigeria’s food challenges. Speaking at the signing ceremony in Abuja, NSE President Margaret Oguntala highlighted the mutual benefits of the collaboration, stressing its alignment with the society’s rebirth agenda.
“This initiative will foster job creation, enhance food security, and benefit all stakeholders involved,” Oguntala said, adding that the program aligns with the theme of this year’s annual conference.
Assetrise Limited’s Group Managing Director, Oluwadurotimi Ojamamoye, announced plans to establish an incubation hub for graduates transitioning into agribusiness. He revealed that 100 hectares of land at the Federal University of Agriculture have been allocated for cultivating yam, with plans to expand to 1,000 hectares, supporting 1,500 students in becoming farm owners.
Highlighting the firm’s success in Lagos, Ojamamoye said, “In Epe, we cultivated over a million yam tubers in 2023 and aim for nearly 3 million this year, alongside a Smart City project spanning 3,000 hectares.”
Patrick Obidoyin, Co-founder of Integrated Lancaster Farms, noted that the partnership will empower youth and reduce unemployment, further advancing Nigeria’s agricultural sector.
