WACOT Limited, one of Africa’s leading food and agro-processing companies, has partnered with a global agritech company, Syngenta.
This would see Syngenta Crop Protection working closely with WACOT over the next five years to help improve the sustainability, quality, and safety of Nigeria’s agriculture with world-class science and innovative crop solutions.
Although Nigeria’s agriculture sector is the country’s highest employer of labour, accounting for 70 per cent, it has suffered low output resulting in poor returns for farmers and massive food import.
The partnership agreement with WACOT Limited, which operates in all 36 states in Nigeria and supports the production of crops including rice, maize, sorghum, soybean, cotton and vegetables, will therefore help further Nigeria’s drive towards attaining self-sufficiency in food.
Through this partnership with WACOT, Syngenta would collaborate with farmers and others to sustainably improve the most important factor in agriculture – yield. This will take the form of WACOT supporting the Nigerian farmer on cost-effective agronomic practices, advanced crop protection methods through the usage of yield enhancement products and biological compounds to consolidate the growth of the agriculture sector in the country.
Commenting on the partnership, CEO of the Agri division of TGI Group, the parent company of WACOT Limited, Ramesh Moochikal stated that it desired for Nigeria to attain self-sufficiency in crop production and would look to enter into strategic partnerships to achieve this goal.
Moochikal said: “We are most pleased with this partnership that would further help us achieve our dream for Nigeria – food security and self-sufficiency. Nigerian farmers are hardworking, and we know that if we can make them aware of better crop production practices and make results of our research and development efforts available to them, things will improve, and the agri sector as a whole would benefit.”
Also speaking, Syngenta Crop Protection West Africa Head, Franck Tokore said the company was proud of its relationship with WACOT and would continue supporting Nigerian farmers.
He said: “We are delighted to be renewing our partnership with WACOT. Through this partnership, we provide quality solutions to farmers in Nigeria and help support food security and livelihoods in Africa’s most populous country. By supporting farmers in Nigeria to sustainably increase their yields, we are also helping them be more competitive globally, hence reducing the need for imports. Nigeria has huge potential, which we strive to unlock sustainably through this partnership”.
Syngenta is one of the world’s leading agriculture companies, comprising Syngenta Crop Protection and Syngenta Seeds. It aspires to help safely feed the world while taking care of the planet. Its technologies enable millions of farmers around the world to make better use of limited agricultural resources responsibly.
Over the years, WACOT has consistently focused on contributing to food security in Nigeria. It has developed a strong portfolio of Agri inputs to fuel the country’s self-sufficiency in agriculture.
