Olam, CFM Launch N300m Wheat Seed Project

By October 29, 2021 NEWS

The sum of N300 million ($750,000) has been earmarked by Olam and its subsidiary, Crown Flour Mill Limited (CFM) in a 10-year project to set up community seed enterprises for Nigerian farmers.

The project, which was launched during a virtual meeting on Wednesday was to increase production of wheat in Nigeria.

The project will trial new heat-tolerant varieties of wheat and improved agronomic practices using a participatory approach that directly engages farmers.

It will also engage at least 10 female farmers’ associations to become true drivers of change for their communities by training women to lead community-based seed enterprises. The female farmers’ associations will be trained on the most advanced agronomic practices for wheat cultivation so they can provide valuable advice to local growers. These enterprises will produce and make available high value seed to farmers in their local communities.

Commenting on the launch of the project, Ashish Pande, Managing Director of CFM: said, “This project will further stimulate the federal government’s drive towards the attainment of economic growth, the country’s agricultural research capabilities, employment generation, community development and the economic empowerment of women in Nigeria.”

Read the original article on DailyTrust.