The Ondo State government and a group of foreign investors have unfolded plans to raise a new generation of millionaires through cattle ranching and livestock farming in the state.
The investors, under the name of Peace Aid Project, aimed to achieve the dream through reviving the moribund Cattle Ranch at Auga Akoko.
The MoU was specifically meant to revamp the dilapidated Auga Cattle Ranch into a modern Cattle Ranch with innovative facilities.
As part of the agreement, the group would construct 500 cattle sheds for the herds while other compartments would be built in line with hygienic and modern trends of raising cattle.
Each of this sheds will hold 60 Bulls and will be operated by the Youths.
This idea, the Chief Executive Officer of Peace Aid Project, Mr Benson Emakpor said is also expected to put an end to the unwholesome sight of cattle being herded within residential areas of the city and those destroying economic crops in the environment.
Emakpor said a minimum of 500 youth and women would be trained and empowered in cattle fattening at the Auga Cattle Ranch in Akoko North East Local Government Area of Ondo State.
He explained that the Memorandum of Understanding his organization signed with the state government is not the same as Cattle Colony, but a partnership that will raise a new generation of farmers as well as mitigate the vexatious issue of Fulani herdsmen attacks.
Emakpor said his group is partnering with government to assist legitimate Cattle traders to have their cattle housed, vet checked and fed between the periods of them landing in Ondo State to the time they will arrive for slaughter at the abattoir.
According to him, this is an empowerment project in cattle fattening and ranching and not a cattle colony.