THE government of Kwara has concluded arrangements to establish a cashew plantation and processing industry at Oke-Ola, in Irepodun Local Government Area.
Prof. Mohammed Yisa, the stateâ€™s Commissioner for Agriculture and Natural Resources, disclosed this while signing the projectâ€™s memorandum of understanding with DAWACOM International Ltd on Thursday in Ilorin.
Yisa said the project was a public-private partnership arrangement. He disclosed that 180 rural communities in the state had been provided with electricity as part of efforts to woo investors to the stateâ€™s commercial agricultural policy.
He described the agricultural initiative of Gov. Bukola Saraki as a progressive one which had attracted serious_minded foreign and local investors to the state.
The commissioner commended DAWACOM International for identifying with the agricultural initiative of the state government.
According to him, the venture will provide jobs for the teeming number of unemployed youths to boost the stateâ€™s economic status.
In his remarks, the Managing Director of DAWACOM International, Mr Sotonye Anga, commended the vision and agricultural policy of Saraki.
He pledged that the company would not only plant and process cashew, but would create recreation centre in the area.
Mr Ayotunde Oyeniyi, the Permanent Secretary in the stateâ€™s Ministry of Agriculture and Natural Resources, thanked the government for citing the industry in Oroland. Oyeniyi said the venture would have a positive effect on the socio-economic activities of the area.