Top 7 Farms And Agricultural Companies In Benin City Edo State

This thorough guide delves into the top 7 farms and agricultural companies in Benin City Edo State.

Benin City is a hive of agricultural activity located right in the center of Edo State. With its rich soil, ideal climate, and committed farmers, Benin City has grown to be a mainstay of Nigerian agriculture.

Benin City is blessed with rich soil and plenty of rainfall, thus before we get into the details of each farm and company, let’s take a moment to appreciate the agricultural scene there.

Benin City has unquestionable agricultural potential, from cash crops like oil palm and rubber to staple crops like cassava, yam, and maize.

Also See: Palm Kernel Oil Extraction & Processing Machine Prices In Nigeria (2024)

Top 7 Farms and Agricultural Companies

Key Players in Benin City’s Agricultural Sector

Below are the top 7 farms and agricultural companies in Benin City Edo State. that are promoting innovation and growth.

Whether they are niche players focused on value-added products or large-scale agribusiness firms, these businesses are essential to determining how agriculture develops in the area.

#1. Wells Hosa Farms Limited

Address: Km 2 Benin City Bypass Road, Off Sapele Road, Benin City, Edo State, Nigeria.

Website: https://wellshosa.com/en/

Wells Hosa Greenhouse Farms Limited is a limited liability company that was established in December 2016.

The company’s headquarters are located in Benin, and it also has branch offices in Lagos and Abuja.

KM2 Benin Bypass Road, Off Sapele Road, Benin City, Edo State is the location of the greenhouse plant that is owned by Wells Hosa Greenhouse Farms Limited.

The greenhouse facility spans 27 hectares.

Their produce includes:

• Red Habanero Peppers
• Orange Habanero Peppers
• Beef Tomatoes
• Cherry Tomatoes
• Yellow Bell Peppers
• Red Bell Peppers
• CUCUMBERS
• BELL PEPPERS
• And more

#2. SATURN FARMS LIMITED

ADDRESS: 154 Sapele Road, Benin, Edo State, Nigeria

Visit Saturn Website

The farm was founded in 1991 to experiment with and make a difference in cash crops.

From 1991 to 2004, it greatly expanded its farmlands. The farm is now part of the Nosak Group and is a forward-integrated agroeconomical company.

Integrated oil palm farm is what Saturn farm is into. Saturn farm is located in Ukhiri village, which is about 4 km off the Benin-Abraka Road and about 15 km southeast of Benin City in Edo State, Nigeria.

The plantation covers an area of about 550 hectares. In the middle of the farm is a palm oil milling plant that makes the Famili Palm Oil brand and can handle 5 metric tons of oil per day.

#3. PRESCO PLC

ADDRESS:  Obaretin Estate, Km 22 Benin / Sapele Road, P.O. Box 7061 Benin City

Edo State. Nigeria.

Website: https://www.presco-plc.com/

Presco has oil palm farms, a palm oil mill, a palm kernel crushing plant, and a vegetable oil refining and fractionation plant.

It is a fully integrated agro-industrial complex. It also has a biogas plant and an olein and stearin packaging plant for its palm oil mill waste. It is West Africa’s first of its kind.

Products

• Special palm oil
• RBDO (Refined, Bleached and Deodorised Palm Oil )
• Palm Fatty Acid Distillate (PFAD)
• Olein  (Palm Olein)
• Stearin (Palm Stearin)
• Crude Palm Kernel Oil (CPKO)
• Refined Palm Kernel Oil (RPKO)

#4. Elifel Farms Nigeria Ltd

ADDRESS: Upper Sakponba Road, Benin City, Benin City, Edo State.

Elifel Farms Limited was established in the year 2000. The corporate office is situated along Upper Sakponba Road in Benin City, while the farm is located along Upper Saint Savinor Road.

The farm was designed to create and preserve a pleasant and comfortable farm home for both crops and cattle, as well as to produce agricultural products efficiently and market them competitively.

#5. I. O. Farms Training Institute

ADDRESS: Along Ugbor/Amagba Road, Benin City

The I. O. Farms Training Institute provides training programs in a variety of agricultural sectors, including crop farming and animal husbandry, among others.

At Amagba, which is located in Benin City, I. O. Farms has a model farm.

#6. Okomu Oil Palm Company

ADDRESS: Okomu-Udo Ovia South West LGA, P.M.B 1449 Benin City, Edo State, Nigeria.

WEBSITE: https://okomunigeria.com/

The Okomu Oil Palm Company Plc is a company in Nigeria that grows rubber trees and oil palm trees. It makes more crude palm oil (CPO) than any other company in Nigeria.

The company was founded in 1976 as a government pilot initiative to revive Nigerian oil palm production.

After privatization in 1990, it became one of Africa’s largest palm oil producers.

The plantation overseen by Okomu Oil Palm Company Plc spans more than 22,000 hectares, with 14,000 hectares dedicated to oil palm trees and 8,000 hectares to rubber plants. A rubber processing factory and two palm oil mills are also run by the Okomu Oil Palm Company Plc 

The company’s products:

• Crude Palm Oil
• Palm Kernel Oil
• Palm Kernel Cake
• Rubber

#7. Ailoaye Farms Limited.

It is common knowledge that Aloiaye Farms Ltd. is a well-known name in the poultry and aquaculture industry in Benin City. They are experts in the production and distribution of:

High-quality eggs: Ailoaye Farms is well-known for its dedication to quality, which ensures that its eggs are of the highest possible quality, as well as fresh, healthful, and a consumer favorite.

Organic catfish: The farm breeds catfish using organic methods which they supply to the local market.

When it comes to the production of protein in Benin City, Aloiaye Farms is at the forefront of the industry because of its emphasis on quality and organic farming methods.

What Are The Major Crops Grown In Benin Edo State?

According to Britannica, the major crops in Edo State for subsistence are yams, cassava, tomatoes, Pepper, oil palm produce, rice, vegetables, fruits, and maize (corn). On the other hand, cash crops include rubber, lumber, palm oil and kernels, and palm oil.

1.6 million hectares of arable land and a very good ecological condition make Edo State a possible haven for private investors in agribusinesses. The northern part of Edo State is in the same savannah as northern Nigeria.

The southern, central, and part of northern parts are in the same rainforest as the rest of southern Nigeria.

The River Niger and the Atlantic Ocean both water large parts of Edo State all year.

What Is The Biggest Agric Company In Benin City Edo State?

There isn’t a public list that ranks agricultural companies by size. Still, there are strong indications that the biggest farming companies in Benin City, Edo State, are Presco Plc and Okomu Oil Palm Plc.

Both Presco Plc and Okomu Oil Palm Plc. are traded on the stock market and play a big role in the oil palm industry in the state. They are talked about as big players in the news, and their services to the state’s economy are highly noticeable.

Challenges and The Road Ahead for Farmers in Benin City

Even though these farms and agricultural firms have been successful, the agricultural sector in Benin City is still facing obstacles, including the following:

Limited access to finance: 

Smallholder farmers often have limited access to financial resources, making it difficult for them to get loans and investments that are necessary for expanding their operations and implementing new technology.

Post-harvest losses:

The spoiling of agricultural produce is caused by inadequate storage facilities and transportation infrastructure, which has a negative impact on both profitable operations and the safety of food supplies.

Climate change: 

The unpredictable weather patterns and extreme weather events that are caused by climate change have the potential to impact crop harvests and put people’s livelihoods in jeopardy.

Road Ahead

Several important steps must be taken to make sure that Benin City’s agricultural industry continues to grow and be sustainable:

Support from the government: The government must have laws that make it easy to get money, encourage better infrastructure, and fund research and development in agriculture.

Adopting new technologies: Promoting the use of cutting-edge tools such as precision agriculture and drought-resistant plant varieties can boost food yields and make better use of resources.

Value addition: Supporting activities that make agricultural goods more valuable, like processing and packaging, can help farmers make more money and create new jobs.

Conclusion on top 7 farms and agricultural companies in Benin City Edo State.

In Benin City, the agricultural scenery is varied and always changing. Agriculturists in the city include both big plantation companies and dedicated small-scale farmers. As long as Benin City deals with problems and welcomes new ideas, its farming sector will continue to do well, helping to ensure food security, boost the economy, and create jobs in the area and beyond.

If you are trying to go into farming or agri related business, this top 7 farms and agricultural companies in Benin City Edo State would be a starting point for you in terms of research and majority of these companies offer partnership in the area of distributorship of their products.