Wasil Profile
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Company Profile & Impressions
- West African Soy Industries Limited operates one of the largest specialized oils and fats processing complexes in Africa.
- The manufacturing facility is located in Sagamu, Ogun State, Nigeria, with raw materials sourced from farmers across Nigeria.
- West African Soy Industries Limited Owns the 500TPD NASCON Vegetable Oil Refinery located in Ota, Ogun State.
- The Company is active in the Soy value chain through its out-grower farming activities by providing high quality agri-inputs to farmers and procuring farm produce from them through off-take arrangements.
WASIL Coverage Areas in Nigeria
Company Profile & Impressions
- WASIL operates a 18,000MT monthly seed crushing facility.
- WASIL has a 6,000MT/Month refinery plant.
- WASIL has a 9,000 MT/Month Oil Milling plant.
- WASIL directly employs up to 500 Personnel
West African Soy Industries Limited (WASIL) Meals and Oils & Fats extraction plant in Sagamu, Ogun State
- WASIL owns and operates Solvent Extraction and Vegetable Oil Refinery plants situated at Sagamu, Ogun State, Nigeria. Our extraction plant Capacity about 200,000 MT and Refinery Capacity around 70,000 MT p.a
Social objectives are:
- Creates around 5,000 direct & indirect jobs in processing
- Create economic growth for over 250,000 farmers
- Increase in quality protein food supply for Nigerians to help overcome poor nutrition
Soy Bean
Shea Butter
Vegetable Oils
Soybean is a key vegetable protein source for animal feeds
Process Flow Diagram for Soybean Meal
WASIL presently works with thousands of out-grower farmers for Soybean production
Highlights
Impressions
- WASIL provides certified seeds, agrochemicals and fertilisers to farmers on credit (some under the Anchor Borrower Program (ABP)*)
- Farmers, organised under cooperatives, receive low interest financing from the CBN to purchase seeds and inputs
- WASIL provides capacity building and Farmer Business School training to farmers
- At harvest, WASIL provides guaranteed off-take of farm produce to the extent of inputs provided and pays for any excess produce directly to farmers accounts
* Other farmers receive direct credit in form of certified seeds, fertilisers and agrochemicals from WASIL which is repaid at harvest outside of the ABP
Note: Out-grower farmer’s performances are graded on a regular basis using proprietary KPI’s. WASIL eliminates poor performers from the program to improve overall outcome.
WASIL applies a structured value chain approach to its out-grower farming initiatives across Nigeria
Organizing farmers
- Registering farmers
- Strengthening smallholder farming groups
- Forming cooperatives
Providing Agri-inputs
- Providing access to quality seeds
- Providing access to fertilizer
- Providing access to growth promoters, pesticides and crop protection chemicals
Facilitating Capacity building
- Training farmers on Good Agricultural Practices
- Teaching farmers about Yield Enhancement Techniques
- Organising farmer field days & demo plots
Off-taking produce
- Off-take of produce at market prices
- Providing farmers with immediate cash for their agri produce
The out-grower program is implemented in nine steps
Site selection
Identify the area for production. (Always start small to optimize monitoring and control over farmers)
Farmer registration
Select and validate farmers, leveraging traditional rulers and government information resources
Database creation
Create a bankable farmer database containing historical records of out-grower engagements with individual farmers
Group formation
Form groups and select group leaders
Capacity Building
Train the farmers on best farming techniques (Good Agricultural Practices). Additional training is given to group leaders on management and monitoring
Input Distribution
Provide inputs to the farmers and train them on money management and loan repayment
Crop Monitoring
Provide extension services on a continuous basis. (Success is about consistent rapid response in times of crisis)
Harvest
Train farms on best practices during harvest and ways to minimize post-harvest losses
Final Off-take
Procurement is usually in batches against off-take agreements.
WASIL conducts farm-level sustainability initiatives via out-growers
- WASIL’s CRS efforts aim towards promoting ‘sustainable development’ by working towards empowering the ‘poorest of the poor’
- WASIL has partnered with the DFID’s Business Innovation Facility and the Bill & Melinda Gates Foundation to enhance sustainable long term self-reliance alongside other development partners like CARI, GIZ etc.
- Farm level engagement with farmers to impart Good Agricultural Practices (GAP) and Yield Enhancement Techniques (YET) trainings
- Aim to significantly and sustainably increase yields per hectare
- Supported by high quality certified seeds, fertilizers, agro chemicals & inputs applications, and via demonstration farms
Stakeholder Benefits
- Communities: Women & youth empowerment, improved socio-economic status of rural farmers, increased self-reliance of the populace through trainings, health camps and investments in education and health infrastructure
- Government: Attainment of Food Self-sufficiency, Economic Empowerment & Rural Development
Products Overview
| FINISHED PRODUCTS | VALUE ADDED PRODUCTS |
|---|---|
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REFINED SOYABEAN OIL IN BULK
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LECITHIN |
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REFINED SOYA OIL (25LTR JERRY, BOTTLE, SACHET |
REFINED PALM OIL
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REFINED PALM OIL
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SOYABEAN MEAL (46% PROTEIN)
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SOYABEAN MEAL (48% HI-PRO)
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PHASE 2 & 3
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BY-PRODUCTS
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SHEA BUTTER
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PALM FATTY ACID DISTILLATE
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REFINED SESAME OIL
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SOYA ACID OIL
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REFINED RICE BRAN OIL
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REFINED GROUNDNUT OIL
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HEALTHY BLENDED VEGETABLE OIL
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