Olam Agri has inaugurated The Seeds for the Future Foundation in Nigeria, to strengthen opportunities for farmers and communities operating along its value chain.
The Foundation will focus on four key social action pillars: supporting farms and farmers to strengthen local wheat production, enabling wider education and skills for young people, empowering women in farming communities and promoting health and nutrition across Nigeria.
The Foundation was launched at an event held at the Transcorp Hilton in Abuja which was attended by H.E. the Vice President, Professor Yemi Osinbajo.
Seeds for the Future is Olam Agri’s flagship wheat value chain development initiative in Nigeria which was launched just last year. Through the initiative the company undertakes research and development, innovation, education and economic empowerment. It aims to contribute to attainment of the government’s economic development agenda in key parts of the economy including agriculture and food security.
“Olam Agri is committed to supporting activities that have a direct and positive impact on farmers and their communities in Nigeria. The launch of The Seeds for the Future Foundation strengthens our focus on improving the livelihoods of farmers, communities, women and young people, as well as the development of the agricultural sector,” said Ashish Pande, Country Head for Olam Agri in Nigeria. “We’re supportive of the Government’s economic development agenda and we recognize that the private sector has a key role to play to collaborate to drive sustainable growth in communities.”
Education grants will be awarded to best qualified applicants using a merit-based selection process. It will be open to all courses of study offered in Nigeria’s institutions.
“Olam deserves our heartfelt commendation for giving us a reason to celebrate. The company is investing in our future through the Seeds for the Future Foundation investments in seeds that will feed our population and education that will harness the potential of our young people,” said H.E. he Vice President, Professor Yemi Osinbajo. “These laudable intervention efforts in research and seed development and other critical sectors of the economy have attracted greater attention.”
He went on to mention that Olam Agri’s investment in various intervention projects demonstrates the company’s confidence in the country, and sympathised for recent flooding that destroyed a rice farm in Nasarawa State.
Read more latest industry news and developments in our free to download magazine.