On His Birthday, Ekiti Agriculture Commissioner Brokers Livestock Investment Deal in Irele

…Diaspora-backed firm set to establish multi-million naira ranch

While many would have spent their birthday surrounded by cake and celebration, the Ekiti State Commissioner for Agriculture and Food Security, Hon. Ebenezer Boluwade, chose to mark his differently, by pushing forward a landmark agricultural investment for the state.

“While waiting to cut the birthday cake yesterday, I led my team to have a meeting with representatives from Irele-Ekiti community and an investor (Ekiti Kete Livestock Development Company Limited),” Boluwade revealed.

The meeting, which took place in Irele-Ekiti, was described as highly productive, as all parties reached an agreement on the land acquisition modalities that will facilitate the smooth take-off of the proposed investment in the community.

“The meeting was productive as both entities agreed to cooperate on the land acquisition modalities that will ensure the smooth take-off of the investment in the community,” Boluwade stated.

The incoming investor, Ekiti Kete Livestock Development Company Ltd, is a firm promoted by Ekiti indigenes in the Diaspora. The company plans to establish a multi-million naira, 21st-century livestock ranch in Irele-Ekiti.

“The Ekiti State Government is poised to drive Foreign Direct Investment (FDI) through agribusiness into the state by providing the right platforms,” the Commissioner added.

He further noted that a Memorandum of Understanding (MoU) between the community and the investor will be signed within the next few weeks, after which the investor will commence operations.

“The MOU would be signed within the next few weeks, and the investor can commence operations,” Boluwade said.

The move is seen as part of Governor Oyebanji’s broader strategy to transform Ekiti into a destination for modern agribusiness, leveraging both local support and Diaspora partnerships.