Le fonds pour l’agriculture UFF-NAIC, détenu conjointement par la Nigeria Sovereign Investment Authority et UFF Agri Investment de Old Mutual, a acquis une ferme entièrement intégrée de maïs et de soja à Panda dans l'État de Nasarawa au Nigeria.
Former Governor of Abia State, Dr Orji Uzor Kalu, says Chinese farmer is worth $7.9billion and supplies chicken, vegetables and fruits to fast food, restaurants and eateries in China, which he is looking to replicate in eastern Nigeria.
Commissioner for Agriculture and Natural Resources in the State, Prince Oyewumi Oyewole, who made this declaration in Ibadan, noted that the state's zero tolerance policy on fallow agricultural farm land was meant to attract foreign investors to the state.
The Edo State governor says one of the companies that has signed up to invest in the state is Tolaram, a huge conglomerate from Singapore that plans to invest $50 million in oil palm and cassava cultivation.
There is a large gap between SOCFIN's “responsible management” policy and the reality of violence and destruction around its plantations, where, with the complicity of national governments, the company attempts to suppress people’s resistance.