In times like this where sustainable agriculture and food security are paramount, Assetrise Limited and the Federal University of Agriculture, Abeokuta (FUNAAB) have joined forces in a pioneering initiative aimed at revolutionizing agricultural practices. This groundbreaking partnership announces a new chapter in the advancement of smart agriculture.
The signing ceremony was a momentous occasion graced by the Vice-Chancellor of FUNAAB, Professor Olusola Babatunde Kehinde, and the Directorate of Research, Innovation, and Partnerships, Prof. Mutiu A. Busari alongside other members of the University Executive Committee. Also in attendance was the Group Managing Director of Assetrise Limited, Mr. Rotimi Ojamamoye, whose visionary leadership has been instrumental in forging this transformative partnership.
The Federal University of Agriculture Abeokuta, FUNAAB, located in Abeokuta, Ogun State, Nigeria, is known for her commitment to agricultural research, innovation, and community development, collaborating with government agencies, non-governmental organizations, and international institutions to address agricultural challenges, promote sustainable farming practices, and enhance food security in Nigeria and beyond. FUNAAB’s contributions to agricultural development have earned the University recognition both nationally and internationally as a leading institution in the field of agriculture and related sciences.
This partnership combines Assetrise Limited’s expertise in agricultural management and FUNAAB’s expansive resources, to utilize 100 hectares of land allocated by FUNAAB for yam cultivation and promotion of sustainable agricultural ecosystems. In response to Nigeria’s shortage of food and pervasive food insecurity, with millions of Nigerians facing hunger and malnutrition due to inadequate access to nutritious food sources, this initiative stands as a beacon of hope. By implementing sustainable farming practices and introducing innovative agricultural solutions, this project aims to promote indigenous food production, combat the widespread food shortage in Nigeria, and create a more resilient food system capable of sustaining the population in the long term.
This partnership is not merely transactional but represents a shared commitment to innovation, sustainability, and community empowerment. Through this collaboration, Assetrise Limited assumes the mantle of responsibility for orchestrating every aspect of the yam cultivation project. From procuring seedlings to implementing cutting-edge cultivation techniques and managing the intricacies of post-harvest logistics, Assetrise Limited is dedicated to ensuring excellence at every step.
At the heart of this collaboration also lies a shared vision of education and capacity building. FUNAAB’s commitment to leveraging its resources for educational enrichment is complemented by Assetrise Limited’s dedication to providing practical learning experiences for students and staff. By integrating hands-on agricultural practices into the educational curriculum, the partnership seeks to equip future generations with the skills and knowledge needed to address the challenges of food security and agricultural sustainability.
As the partnership between Assetrise Limited and FUNAAB progresses, it embodies the potential to revolutionize agricultural methodologies while serving as a model for fostering collaborative endeavors, igniting a collective drive towards building a sustainable future for all.
This collaborative effort builds upon Assetrise Limited’s pioneering initiatives in Agro Real Estate which have already set the benchmarks for excellence and sustainability in the industry. With a forward-thinking vision aimed at redefining traditional investment paradigms and addressing pressing societal needs, Assetrise Limited has consistently spearheaded innovative projects that seamlessly blend the real estate and agriculture industries. By leveraging the synergy between these two sectors, Assetrise Limited has not only carved a niche for itself but has also emerged as a trailblazer in driving sustainable growth and development in Nigeria’s ever-expanding real estate market.
Projects like Palmrich Estate, a groundbreaking oil palm plantation, and the Eko Yams project showcase the company’s dedication to innovation and impact-driven investment. Palmrich Estate offers investors a unique opportunity to diversify portfolios with maximum returns from oil palm and its by-products, ensuring steady cash flow and long-term wealth building, while also serving as a solid retirement plan.
Additionally, the Eko Yams Project spearheaded by Assetrise alongside Flap Multipurpose Co-operative Society, is a transformative initiative bolstering food security and sustainability. Partnering with the International Institute of Tropical Agriculture (IITA), for meticulous seedling selection and optimal planting services to revolutionize indigenous food production, it serves as a comprehensive solution to challenges posed by excessive reliance on external sources, aligning with the United Nations’ objectives of eradicating hunger and ensuring food security. With a clear goal to cultivate millions of yam tubers annually, the project leverages modern farming techniques, high-yielding yam varieties, and efficient supply chain management to position Nigeria as a leading yam producer in both domestic and international markets. Through its commitment to quality, productivity, and innovation, the Eko Yams Project embodies Assetrise‘s dedication to impactful initiatives in agriculture.
Recognizing the transformative power of collaboration in driving innovation and growth, Assetrise Limited has strategically partnered with leading institutions and organizations in the agricultural and real estate sectors. One of such collaboration is with the International Institute of Tropical Agriculture (IITA), a renowned research institution in Nigeria. Through this partnership, Assetrise Limited engages in knowledge exchange, technology transfer, and capacity-building initiatives, to harness the latest agricultural innovations and practices, ensuring that projects are founded on cutting-edge research and expertise.
Furthermore, Assetrise Limited’s collaborations extend to financial institutions like AG Mortgage Bank, providing resources and expertise to accelerate project implementation, scale operations, and maximize impact on communities across Nigeria.
The partnership between Assetrise Limited and the Federal University of Agriculture Abeokuta signifies a pivotal opportunity to revolutionize Nigeria’s agricultural landscape and enhance food security. Together, Assetrise Limited and FUNAAB are dedicated to implementing innovative strategies that drive sustainable development and prosperity. Assetrise Limited extends an invitation to all to join in this transformative journey towards a brighter future in agriculture, where collaboration and innovation pave the way for lasting impact and prosperity.
