… as Company pays compensation to affected residents
The Ekiti State Government has begun a partnership with Ekiti Kete Livestock Development Company Ltd. to set up a modern cattle ranch in Irele Ekiti, with the primary aim of curbing farmers-herders conflicts and enhancing food security.
The Commissioner for Agriculture and Food Security, Mr Ebenezer Boluwade, disclosed that about 250 hectares of land had been approved by the state government for the project.
Boluwade reaffirmed the commitment of the Gov. Biodun Oyebanji-led administration to providing a conducive and investor-friendly environment for agribusiness development across the state.
He noted that the ranching project, when completed, would enhance modern livestock production, create employment opportunities for youths and residents of the host community, and stimulate local economic growth through corporate social responsibility initiatives.
According to him, the initiative would also address the recurring farmers-herders crisis by promoting a structured ranching system in place of open grazing.
He explained that the project would involve the development of grazing paddocks and pastures, cultivation of grasses and legumes, production of hay and silage, as well as the rearing of hybrid and exotic cattle breeds for meat production.
Meanwhile, the company has commenced payment of compensation to individuals affected by the project in Irele community, with full operations expected to begin soon.
Presenting the cheques to the beneficiaries, the Chairman of the company, Mr Ranti Omole, expressed the firm’s commitment to the development of the host community, adding that a revolving loan scheme would be introduced to support market women in the area.
A tripartite Memorandum of Understanding (MoU) was also signed by the state government, the company and the host community to define operational guidelines and ensure compliance with ranching standards.
In his reaction, the Onirele of Irele Ekiti, Oba Andero David, alongside members of the Onirele-in-Council, expressed optimism that the project would bring significant development to the community.
The monarch commended the state government and the investors for the initiative and assured them of the community’s full support.
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