(AGENDAWATCHDOG) – Ekiti State Governor, Kayode Fayemi, has inaugurated a snail farm worth N5 billion at Okemesi in Ekiti West Council of the state. The farm, which is owned by Dem Eli Farms and Farmkonnect, a consortium of agricultural firms, is said to be the second-largest snail farm in the world, after Cyprus, and biggest in Africa.
At the unveiling of the Egbeja Snail Village, Governor Fayemi assured that the state government was determined to make Ekiti a commercial hub for agribusiness. The vision behind the investment in agribusiness was to boost food security and improve nutrition through agricultural real estate, powered by modern technology and methods.
The farm, when completed, would cover 100,000 square metres of land, making it the biggest investment in the state with great potential for wealth creation.
PROJECTED IMPACT: The project, which is the first of its kind in Ekiti, will stock 2.6 million snails for the production of snails and slime for export to the international market, provide easy market and foreign exchange earnings, generate employment opportunities for the youths, and make a profit of N6b yearly with about 82 tons of exportable slime.