Organic agriculture: Contec Global pledges $360m investment

Contec Global Agro Limited (CGAL), a multinational agricultural solution provider, has pledged to invest $360 million on building of organic laboratories in all the states of the federation in the next two years. 
 
Benoy Berry, chairman of Contec Global Group
Benoy Berry, chairman of Contec Global Group, who said this at the weekend in Abuja, while receiving the 2016 Food Security Award from the Nigeria Union of Journalists (NUJ) explained that the initiative is part of Contec’s contribution to averting hunger and creating wealth for Nigerians.

Represented by Farida Adam, Executive Director Contec Global, Berry said the proposed investment is in addition to the existing N20 billion investments in world-class research facilities for higher crop yields for Nigerian farmers.

He noted that the facilities in place will herald a new culture in Nigeria’s agriculture if properly harnessed. He added that the company has designed a sustainable template to increase crop yields through production of only organic inputs for over 50,000 farmers in the 2017 planting season.

 “We have consciously laid the foundation since we commenced production of organic agriculture inputs four years ago through massive investment of N20 billion to herald a new culture in Nigeria’s agriculture, from our world-class research facilities in Maitama district of Abuja, for higher crop yields.


“Today we are very proud to say that Contec Agro is Nigeria’s first ever agro company set up strictly using eco-friendly approach with innovative organically beneficial micro-organisms and bio-resource plant based molecules devoid of chemicals for seed and plant health, as well as reclamation of degraded soil due to the application of chemicals.” 

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