Integrated feed and food manufacturing company, Pandagric Novum, hinted that the company’s goal was “to reach more than 10 tonnes per hectare in the coming years”.
The company’s managing director, Bruce Spain, made the point Friday at a press conference in Abuja.
Spain said the company is poised to redefine the future of agriculture in Nigeria with its innovative farming practices that have been developed to ensure increased yields and food sufficiency.
He said, “As a company, we have developed cultivation and crop management protocols to achieve the highest yields.
“We have invested heavily in testing and trials over the years and have discovered improved crop nutrition practices to achieve the best growth and yield results.”
This was the thrust of the press conference, with the theme: “Redefining Agriculture in Nigeria for the Future”.
It was part of the pre-event activities preceding the official commissioning of the company in Nasarawa State.
The commissioning is under the auspices of the Nigerian Sovereign Investment Authority, the federation’s premier investment institution, and Signature Agri Investment, a Netherlands-based investment portfolio agency.
In 2018, NSIA and Signature Agri Investments entered into a joint venture agreement to establish an agriculture-focused fund for the development of large-scale integrated projects across Nigeria.
Pandagric Novum is the flagship project of this joint venture and was developed as a platform for diversification and a pathway to improve per capita protein consumption in Nigeria.
NSIA Chief Executive Officer and Managing Director, Uche Orji, said in his address, “Agriculture is a key sector for the Nigeria Sovereign Investment Authority and an important sector for the Nigerian economy, with high potential for growth. job creation, poverty reduction. and finally food security.
Orji said that although the sector has been largely dominated by subsistence farming in the past, “NSIA strongly believes that with improved modern methods, seedlings and better methods of weather forecasting, agricultural yields can continue. to increase”.
NSIA, as an investment institution of the Federal Government, is mandated to play a leading role in driving sustainable economic development for the benefit of all Nigerians.
The agency aims to develop the Nigerian agricultural sector sufficiently to ensure an increase in production to meet local demand, as well as the development of the necessary infrastructure to ensure better product quality, facilitate import substitution and provide an engine foreign exchange earnings from the export of agricultural products.
Reiterating how Pandagric Novum is redefining the future of agriculture through increased crop yields, Spain hinted that the company’s goal is “to reach more than 10 tonnes per hectare in the next years.
“However, if we can double our national maize average from 1.5 tons per hectare to 3 tons per hectare using good genetic and agricultural practices, then we will double our national production.
“Nigeria will very quickly become a net exporter of maize and create food security.
“In addition, we will reduce the negative environmental impact associated with opening up and developing more land.
“We aim to introduce these practices into farming communities and start seeing increased yields and agricultural production in Nigeria.”
Pandagric Novum is an integrated feed and food manufacturing company located in Panda Development Area of Karu Local Government Area in Nasarawa State and specializes in the manufacture and distribution of poultry feed called Supreme Feeds.
The company is committed to building a world-class agricultural and manufacturing business, fostering commitment and dedication in all interactions, including consistently delivering quality products and supporting local economic growth.
With an investment value of over N10 billion and its positioning as one of the leading poultry feed producers in Nigeria, Pandagric’s stake in transforming Nigeria’s agricultural future is well founded.
This transformation easily benefits the Nigerian agricultural sector and labor market due to the wide scope of their integration into the value chain.
The company also produces micro-packs for farmers who mix their own poultry feed.
They continually invest in feed technologies and have a state-of-the-art feed mill that has been installed to meet the demand for their products.