Groupfarma, an Agritech brand owned by Timesellers Limited acquires more hectares of land to expand their rice production.
In further reception of the Groupfarma brand by the people of Imeko, the Onimeko of Imeko recently presided over a meeting where major families signed contract of sale by which Timesellers Limited acquired 1,000 hectares of land suitable for all year rice cultivation. The land, which was acquired through purchase and lease, is altogether in excess of 7,000 hectares in volume.
The community also opened its arms towards Groupfarma for the construction of an end to end processing facility for rice in Imeko. With the high demand for rice, more requests have been received from farmers from that region to join the Groupfarma program.
Recall that the Federal Government of Nigeria recently began enforcing strictly the ban on importation of rice into Nigeria, making local cultivation and production of rice more attractive.
Groupfarma has therefore embarked on the task of producing quality rice by cultivating 2,500 hectares of premium rice in Ogun State earlier this year. Food Security, being a cardinal part of the Company’s vision, is the motivation behind the Project
The current rice farm project has gotten to the harvest stage. It’s no wonder Groupfarma has found its foot as one of the leading Agritech Companies in Nigeria.