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Home»News»Nigeria’s Food Economy Set for Shake-Up as Wiifarm, The Factory Company Roll Out Innovative Agricultural Blueprint
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Nigeria’s Food Economy Set for Shake-Up as Wiifarm, The Factory Company Roll Out Innovative Agricultural Blueprint

Gift IfeanyiBy Gift IfeanyiAugust 25, 202502 Mins Read
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Two homegrown agricultural pioneers — Wiifarm Cooperative Society and The Factory Company — have joined forces to reimagine farming in Nigeria. Their mission: to turn farmland into wealth-generating hubs and empower everyday Nigerians to become part-owners of the country’s agricultural future.

The partnership was unveiled in Uyo, Akwa Ibom State, with the launch of Nigeria’s first rice distribution hub and the rollout of an ambitious fractional farmland ownership scheme spanning 10,000 hectares. The initiative aims to recruit over one million members nationwide, offering them direct access to farmland, profit-sharing, and long-term wealth opportunities.

A People-Powered Agricultural Revolution

At the launch, Akhibi Onoke Akhibi, President of Wiifarm Cooperative Society, described the initiative as more than a cooperative.

“Wiifarm is a people-powered movement to reclaim our land, unlock rural wealth, and build a cooperative economy with technology at its core,” he said.

According to Akhibi, the Wiifarm Multipurpose Farm Estate will cultivate rice, maize, poultry, beef, and fish — fully powered by mechanized farming, GPS-based mapping, precision agriculture, and international partnerships. The estate will also serve as the backbone of The Factory Company’s backward integration strategy, linking farm production directly to food processing and nationwide distribution.

From Villages to Economic Hubs

Wiifarm’s model is designed to transform rural communities into thriving economic centers. Through grassroots campaigns, the cooperative is offering digital tools, training, and even referral income opportunities to encourage participation.

“This is not just farming — this is a movement,” Akhibi emphasized.

Fractional Ownership: Farming for Generational Wealth

Explaining further, Madam Bertilla Nlewedim, Wiifarm’s coordinator for Akwa Ibom State, highlighted how the cooperative gives ordinary Nigerians the chance to own fractional units of commercial farms.

“This model allows people to directly participate in agriculture and build generational wealth, instead of being bystanders in the nation’s food economy,” she said.

Inspiring a Broader Conversation

The event also saw the unveiling of Seeds of Prosperity: Reviving Africa Through Agricultural Cooperatives, a book authored by Akhibi, which echoes the movement’s philosophy: using cooperative farming as a pathway to wealth creation, food security, and African renewal.

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Gift Ifeanyi

Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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