Springfield Agro Launches $12M Agrochemical Plant to Boost Food Security

Post Date : January 30, 2025

Springfield Agro has inaugurated a $12 million (N18.7 billion) agrochemical plant in Sagamu, Ogun State, to combat pest infestations and enhance agricultural productivity in Nigeria. The facility aims to reduce dependence on imported agrochemicals while driving economic growth in the sector.

Narain Chanrai, chairman of Kewalram Chanrai Group, announced during the plant’s commissioning on Wednesday that the facility has the capacity to produce 20 million liters of herbicides and insecticides annually. This production will support Nigerian farmers in tackling pest-related crop losses and increasing yields.

“So far, we have invested $12 million in this plant. In the second phase, we will expand further to meet the growing demand of Nigerian farmers,” said Chanrai. He also emphasized the company’s commitment to farmers’ well-being, noting plans to export a significant portion of production to other African markets.

Pest infestations remain a major challenge in Nigeria’s agricultural sector, with ginger and tomato farmers suffering severe losses over the past five years. The new facility is expected to bridge the agrochemical import gap, encourage local production, and enhance food security.

Vice President Kashim Shettima, represented by Minister of State for Agriculture Aliyu Abdullahi, reaffirmed the federal government’s commitment to boosting food production and supporting private-sector initiatives like Springfield Agro’s investment.

“The key to food security in Nigeria is expanding industrial capacity across the agricultural value chain. Private sector commitment, alongside government initiatives, is essential to achieving this goal,” Shettima stated.

He added that commissioning the plant aligns with the government’s strategy to combat hunger and strengthen national food security, stressing that Africa’s share of global manufacturing remains below 2% despite its vast arable land.

To ensure compliance with regulatory standards, the National Agency for Food and Drug Administration and Control (NAFDAC) conducted a pre-production inspection. Rametu Momodu, director of Veterinary Medicines and Allied Products at NAFDAC, confirmed that the facility meets health and manufacturing regulations.

Ogun State Deputy Governor Noimot Salako-Oyedele, representing Governor Dapo Abiodun, highlighted that the facility will generate over 300 jobs, primarily for local residents, and play a key role in the state’s economic development strategy.

“Agriculture is a cornerstone of our economic strategy. By enhancing inputs, mechanization, and extension services, Ogun State is positioned to drive higher productivity, lower food costs, and achieve food security,” she stated.

The commissioning event attracted dignitaries from across Nigeria, reinforcing the significance of Springfield Agro’s investment in the country’s agricultural landscape.

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