Agribusiness

HOW TO ACCESS FINANCE FOR YOUR AGRIBUSINESS DURING RECESSION

 

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In line with the current economic situation, Agrihub together with other partners has decided to host a virtual workshop to engage youths in Agriculture on how to Access Finance for your Agribusiness.

As part of its capacity building activities, Agrihub Nigeria invites you to participate in the themed workshop – Financing Agriculture for Economic Development.

This Workshop will be in Partnership with Agropreneur Nigeria and it will be a series of 4 events held over the coming week. The initial 3 events will be online while the 4th a physical meeting.

For now, the event will mostly require you to view pre-recorded videos with some of the speakers and engage with them via tweets for questions and comments. Speakers will discuss on different topics on Financing Agriculture for Economic Development.

This will require your engagements via your twitter handle, please use the hashtag #Agrifunding and tag @agrihubng in all questions, and comments on twitter.

Objective of the Workshop

The objective of the workshop is to ensure that participants have the understanding of the various forms of financing that are available to them in the agricultural sector while at the same time change the mindset that only commercial banks or government can finance agribusinesses.

Schedule of Events

  • On Saturday, November 19th, 2016, Begin of Online Workshop on funding Agriculture for Economic Development with the Upload and streaming of series of pre-recorded interviews around the theme from 9am via the AgriHub Youtube Page.

 

  • On Tuesday, November 22nd, We will have a tweet chat with Dr. Mayowa Oguntoyinbo CEO Freshly Yours Ltd, on Record Keeping for Agribusinesses from 5 – 7 pm. Please use the hashtag #agrifunding and tag @agrihubng in all questions, and comments on twitter.basicbookkeepingagrihubnov22seminar-tweetchat
  • On Thursday, November 24th, We will have a tweet chat on Insurance in Agriculture based on information received during an interview with a representative of the Nigerian Agriculture Insurance Co-operation, NAIC from 5 – 7 pm. Please use the hashtag #agrifunding and tag @agrihubng in all questions, and comments on twitter.

  • There will be a number of viewing centers across Lagos to discuss the said topics and spark the conversations around financing agriculture. YPARD and Agroprenuer Naija, will moderate Physical Group Discussions at 2 locations, 9 Adepegba Street, Ilupeju and The Jetty, Wole Olateju, Crescent off Admiralty way Lekki Phase 1 , Lekki, Lagos from 12 – 2 pm on Saturday, November 26th, 2016 where opportunities and next steps forward will be discussed.

NB: Speakers would be available on Twitter at various times of the day to answer possible questions from viewers. Questions and comments can be asked on twitter on Sunday 20th November by 5 – 7 pm

See Agrihub’s Youtube Page for All Speaker Videos http://bit.ly/2g5JSNw

PS: Twitter comments are be welcomed and will be discussed during these conversations.

Please register here to gain access to the videos and ATTEND the physical event at http://agrihub.org/REGISTRATION/

Speaker Videos

Speaker 1 Welcome and Introduction by Agrihub

Introduction to Workshop by Ronke Aderinoye, Founder and CEO Agrihub Nigeria discussing on why talk about Finance in Agriculture now. A description of Agrihub Nigeria and an overview of the agenda. http://bit.ly/2gtCI7o

Speaker 2 Finance in Agriculture; Types of Finance available.

Financing Options for Agribusiness by Ada Osakwe, CEO Agrolay Ventures, Nuli Juice and Foods. Discusses what Finance options are available to Agric businesses http://bit.ly/2g5DBRY

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Speaker 3: Funding Opportunities Available and the Challenges (Panel Discussion) –What records are necessary, what amount can be accessed?

Micro Finance Bank: Micro Finance in Agriculture by Gbemi Awoniyi-Folayan http://bit.ly/2fF9bWb

Speaker 5 Agrihub’s “Financing Agriculture for Economic Development”

Real Life Experiences of an Agropreneur in Nigeria, by Seun Abolaji, Founder, Wilson’s Juice Co. http://bit.ly/2fF8tZ3

Concluding Remark, Agrihub’s “Financing Agriculture for Economic Development”

Conclusion by Ronke Aderinoye http://bit.ly/2fF9IaC

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A TEEP ALUMNI TALKS ABOUT HIS CASSAVA BUSINESS, ADVICES UPCOMING YOUNG AGROPRENEURS

Photo Credit: Kolawole Omotola 

This month we interview Kolawole Omotola a young entrepreneur from Ekiti state. He is also a Tony Elumelu Foundation Entrepreneurship Programme (TEEP) Alumni, today he has a cassava processing facility where he packages “garri” for consumers within and outside his community. Omotola is one youth who have succeeded with support through business skills training, mentoring, access to seed capital funding and together with passion for entrepreneurship.

We introduce him as our Young Agropreneur of the Month, here he tells us his story, how he started and established his company “Oyinkola Enterprises” and how he overcame market acceptance of his product which was his major challenge. He discusses constraints to cassava business among others. Omotola ends with his future plans, recommendations for government and advice to upcoming youth intending to go into Agribusiness.

Introduction

I am Kolawole Omotola, a native of Ekiti state, a graduate of Computer Science from Olabisi Onabanjo University, Ago Iwoye, Ogun State and the CEO of Oyinkola Enterprises.

I am a member of a big family with many siblings. I had no choice but to strive and cater for myself. This thought me to stay focused and be determined to never give up and be a great achiever. Growing up was indeed by God’s grace. I have great passion for agricultural activities and I have a goal to produce food for my community.

Starting up

I am into cassava crop processing, I am a garri maker! The major challenge that was faced while starting up was market acceptance. But with God it came as a success, our product was evenly embraced by all in the community.

 

Photo credit: Kolawole Omotola

Benefits

  • Agribusiness is my lifestyle; I personally made the choice of the business of agriculture. I am happy doing it because I am achieving my dreams. It gives me joy when customers give happy comments on the product, like your garri was wonderful; we so much enjoy taking it.
  • Oyinkola Enterprises have employees that help in the cassava crop processing. We have 4 permanent staffs and about 8 casual staffs with different roles. We have been able to create little jobs for the society as the women who come to peel our crops go home with little cash at the end of the day to help with their various family; we also train our workers to gain some skills, this we believe has its multiplier effect on our productivity as an enterprise.

Constraints

  • The hardest part of the business is the peeling of crops before grating and what makes this difficult is lack of peeling machine. We believe, as soon as the enterprise is able to get this machine, our work will be easier and faster.
  • Another issue we are experiencing is on some of our causal staffs who have little or no formal education; we are faced with the problem of starting with them from the crash.
  • Government’s inconsistent policy is also a major constraint that needs a positive change and adjustment. This will encourage more youths to be involved in the business of agriculture.

Future Plans

  • Even though we still purchase cassava crops from farmers to process, we are planning on cultivating our own cassava and increasing the quantity of our processed product.
  • We intend to venture into the business of industrial starch and cassava flour soonest.
  • We are planning to have a branch in Ekiti state before the end of the year and hope to have branches of Oyinkola Enterprises in different states of Nigeria as time goes on.

Recommendation to the Government

  • Kindly empower more extension workers to assist farmers on their farm to get it right on modern farming techniques and methods.
  • Help Small and Medium Enterprises (SMEs) by easing the process of getting the NAFDAC number for their products.
  • Ensure adequate access to agricultural machinery, like the tractor, plough etc.

Advice for Upcoming Entrepreneurs and Youths 

  • My advice is that you should be ready to face your life and prepare to start small because where you start from will not be where you will be in few months after starting. Start now and face the challenges ahead as life itself is a challenge. So this is a challenge worth facing to better your life, family and community. You will be proud you did!

Many youths always complain of fund as the major problem of not starting their dream business. But I will say it is not the first thing to consider if one wants to start. Firstly, seek for more knowledge on that particular business and before you are done with that, there will be provision of finance.

Oyinkola Enterprises on Facebook, Website

 

Making the most of opportunity – Tolulope’s brave choice in building her own cassava processing/packaging business venture

 

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Photo credit: Tolulope Aina

Aina Tolulope an undergraduate of the Department of Agricultural Economics at the University of Ibadan and a native of Ogun State is the CEO of Tolulope foods processing and packaging company- which is currently into the processing and packaging of Gari and has a brand known as MyGari aside packaging food items as souvenier for events. She developed the interest in cassava cultivation and processing during the one-year practical year training program while she was in 400 Level.

Despite several challenges, Tolulope chose not to back down!  She believes agriculture has revolutionized in this jet age and with the current state of the country, Nigerians especially the youths, should wake up and be that change they want to see instead of waiting for miracles to happen from the government.

INTRODUCTION

My name is Aina Tolulope, a student of the Department of Agricultural Economics at the University of Ibadan.  I am the CEO of Tolulope foods processing and packaging company, a brand that is currently into the processing and packaging of Gari called MyGari. I was born on the 12th of September!

When and where was the start of your journey into agribusiness?

My interest in agribusiness started during the practical year training program at the University of Ibadan for 400 level students. During this period, I developed the interest in cassava cultivation and processing and I decided from that time to pursue cassava cultivation, processing and packaging as a business venture.

Tolulope's Packaged Garri as souvenir for an event

What is your view about agribusiness?

Agribusiness to me differs from the conventional mentality people especially the youths have about the business enterprise. Agriculture generally has upgraded from the use of crude implements to mechanized farming, to agro- processing which helps to improve the value of agricultural products in the local and foreign market. The packaging also helps in adding value to the product. Oh well in this jet age, so packaging is key.

What part of your agribusiness do you find most satisfying and what part do you find most challenging?

The most challenging part has to do with expansion and capital needed for the business- since agribusiness is generally capital and labour intensive. Against all odds what’s satisfying about agribusiness is identifying problems that spring up from time to time, putting in place combating strategies and actually seeing positive results in respect to that.

What challenges did you face while starting up and what decisions and choices did you make to manage the challenges?

Hmmm… That’s a whole lot you know? but let me share a few of them. Initially, financing the business was the first issue, how to convince was next – how do I convince the identified sources to invest in the business? There was a dramatic incident which could have totally discouraged me from starting but I thank God I didn’t let that pose as a limitation, it was when a supposed expertise in the field who I expected to be a mentor was just after how much he could swindle out of me. Well, lessons were learnt and business had to go on. That’s what challenges are called right? (Laughs)….

Photo credit: Tolulope Aina

I chose not to back down, though challenges kept on popping up. The more they kept popping up, the more combating strategies were put in place. But then the beauty of it all is after much effort in trying to make things work out, you begin to yield positive results and those that looked down on you begin to appreciate you, people begin to acknowledge you as a source of motivation to others, a problem solver and a motivation to both young and old, these to me are priceless.

It’s not just about starting a business and keeping it moving, it is how much lives one can touch on the way up the ladder. Above all, focus, perseverance, hard work (with smart work as an active ingredient) and most importantly God’s grace is what has kept this business going.

How have the choices and decisions you made helped in the success of your business?

Choices like how to process the best quality of ‘Gari’, how to make it available for an affordable price, and what packaging material should be used, the form of packaging, size of the packaging, the target market among others. The decisions made were made based on the most cost-effective options that would benefit both the target market and the business. As an Agricultural Economist, I am concerned about minimizing cost, providing the product at an affordable price and still make the desired profit.

Some of Tolulope's packaged food products as souveniers

Do you attend seminars, mentoring programs for improvement in your business? How do you keep yourself informed for improvement in your business and what steps have you taken to improve?

Lol, why not? If I don’t, how then will I keep myself motivated and develop in the field? One of the essential qualities of an agripreneur is good and upgraded knowledge of the business. To me, knowledge is key!

What’s your view on youth involvement in agro-processing, and packaging?

It’s key, in short, this is the future of this nation’s agribusiness. The bulk of food being consumed in Nigeria come from rural sources, others are from import sources with very little from private owned commercial farms. These rural farmers employ the use of crude implements. This is the 21st century, technology has gone way beyond that, where are the youth, the leaders of tomorrow and what are they doing about this? Even rural youth are coming to the city to ride okada.

Tolulope's Packaged Garri Product

The period of glut is accompanied with abundance of some resources and when these products are off season the nation experiences severe scarcity. What is wrong with our storage facilities? What is happening to mechanized farming? Asides from what we hear in the news about government empowering the youths in Agriculture? How many deserving youths have been empowered? How can a nation like ours that is blessed with a favorable climate for the cultivation of various agricultural produce still be unable to boast of being food secure? What is the problem? Is the government doing less or are the citizens ignoring agriculture? The reality is this, the supply of the labour force is higher that the demand for it. Year in year out we have thousands of youths ploughed into this sphere called labour force yet everyone prays and hopes for a good job, please where are these jobs? Youths let’s sit back and think about how we can help reduce these problems rather than add to it. How can we help ourselves to help others?

I apologize if I have somewhat digressed but then, we have to tell ourselves this truth, with the current state of our economy right now, everyone has to wake up and think of how to help revive our nation, the government cannot do it all, we cannot die of starvation by waiting for miracle to happen from the government, let us wake up and be that change we want to see.

What ideas would you encourage the government to implement to ensure youths involvement in Agribusiness?

Government, please help the youths, create avenues for seminars and training for the youths in Agriculture, there is need to reorientate the youths that there is more to agriculture than the use of hoe and cutlass, in short aside from all these ambiguous empowerment programs with little resultant effect on the economy when evaluated,  Identify interested youth, train them, divide them into teams of professionals in various aspects of agriculture, empower them by giving them substantial amount of hectares to cultivate, provide them with required resources, prompt mentoring and put up a structure that can accommodate sales of their product. When the government has agricultural products to sell, sporadic fluctuation of food items by suppliers will reduce. It is a broader concept which I cannot elaborately explain in this interview, but then trust me- there is a lot to be done especially on the part of the government.

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What is your advice to agropreneurs that have the desire go into agribusiness agro-processing and packaging?

In business, if one looks at all the likely problems to be encountered, no one would really start anything. Like I actually tell people from experience, there will never be a perfect time to take a bold step towards achieving one’s goals. You have to take the time (which is now) and make it perfect. Against all odds, you just have to take the  risk, calculated risk and not just risks without a well thought out plans, do not let anyone or anything weigh you down or deter you from achieving your dreams.

Identify persons that keep you motivated and strive towards being a source of motivation to others, be ye never particular about the profit to be made from a business but be more concerned about how many lives you can impact, a problem solver you can be not just for yourself but for the benefit of the entire human race. But then, you can never be too certain about some outcome, therefore, you should never rule out the God factor, do your best and let him crown your effort.

Exploiting Agribusiness Opportunities in Africa: Food Security, Employment, and Economic growth

Photo credit: esoko.com

In various continents of the world, Agribusiness has been known to be a driver of economic growth. In Africa, it has a positive impact as it accounts for 30% of national income as well as a bulk of export revenues and employment. Kenya for example, is a key producer of tea, accounting for 59.6% of total production in Africa. The country is a leading tea exporter and one of the largest black tea producers in the world. With an estimate of 33 million small holder farms in Africa, a vibrant agriculture driven economy can cause increase in yields, increase in income generation, reduce in post- harvest losses and thereby put an end to food wastage. Agribusiness is capable of initiating the agricultural growth that will positively improve the livelihood of Africa’s increasing population. It can fasten Africa’s progress towards development.

In Nigeria for example, over 78.4 million people are willing, able and actively looking for job, development in agribusiness can have a direct impact on this people because an efficient and effective agribusiness will lead to increased employment in agro industrial activities.

Agribusiness does not only cover farmers it covers input suppliers, agro processors, traders, exporters and retailers. It is a term which indicates farming and all other industries, and services, that constitute the supply chain. The business of agriculture is not to be neglected in development priorities, the focus should not only be on urban industrialization, government need to get their role right on building necessary industrial capability and capacity, strengthening managerial capacity and promoting institutional services.

To successfully achieve desired result in agribusiness, understanding and comprehension of the nature of the business and its untapped opportunities is important. Food importation in African countries has to reduce and promotion of local agricultural products has to be carried out adequately. Although there are challenges as regards climate, policies, governance, laws, infrastructure and basic services, the goals to end poverty, hunger, have improved nutrition and sustainable agriculture should be a focus that will ensure motivation. To reduce the incidence of extreme poverty and unemployment, increase in importation, massive migration of rural peasants into the cities, agribusiness needs to be promoted and financially supported efficiently and effectively.

Africa’s projected population by 2050 is 2 billion; the continent has an estimate of more than one- fourth of the total un-fed people in the world. To guide against starvation, rapid rise in food prices, severe malnutrition, food riots, extreme poverty, higher rate of social vices and diseases; there is indeed a crucial need, to exploit the opportunities in agribusiness and make the business of agriculture more productive and profitable like never before so as to achieve improved social outcomes and solve the problem of poverty and food insecurity.

For a better result, Africa needs to take important decisions concerning agribusiness opportunities and act in a better way.

Written by Idowu T.Owoeye

 

Invest In Snail Farming and Get Huge Returns

Photo credit: Google images

Photo credit: shalisha.com.

Snail is called different names in Africa, like — eju, nwa, ìgbín, katantanwa, wɔba, konokono, slak, mulaca. The snail is a small to medium sized ‘mollusc’ that is generally split into three groups which are land snails, sea snails and freshwater snails. Achatina species is a species of land snails that include Arhatina achatina (Tiger Snails), Archatina marginata (Giant African Land Snails) and Achatina fulica (Garden Snail) -which is the smallest of all.

The snails are hermaphrodites, (i.e. they have male and female parts) the individuals mate with each other before laying eggs. They are also coldblooded and can live for several years while growing to 25cm in some species. They have about 90 calories per 100 grams of weight and provide a low calorie source of protein which helps in building and repairing our muscle. They are also good sources of Iron, Vitamin B12, Magnesium, Selenium, and Omega3 -which is really good for the heart. Snails are environmentally friendly, they are most active during the night and they require low capital investment compared to poultry, pigs, goats, sheep, cattle.

Thinking of starting up?

Snail farming business has a very high rate of return and the best time to start up a snail farm is in the rainy season especially from July to October because that is the time snails normally start to breed. You should also note that prices of snails multiply during scarcity between March and December, in the dry season.  

Which is the most lucrative amongst the Achatina species?

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Photo credit: Flickr

The Tiger Snails and Giant African Land Snails are the most lucrative amongst the Achatina species because they grow so big and lay more eggs. When thinking of getting a snail to start up with – that is the- initial breeding stock, you can decide to go for sexually mature snails, weighing at least 100-125 grams as recommended by Freeman (2013).

Note that each of this 2 species is capable of laying 100- 500 eggs in a year. This means that if you start a snail farm with 5 snails this year, you will probably get about 75,000 snails in one year! This is actually going by the number of eggs laid by the 5 snails, the percentage of eggs that are likely to hatch out, and the percentage that will survive after hatching.

Where can I get the snails?

You can get many snails from the forest, uncultivated lands and in the market.  They can also be picked up in the day time after a rainfall. Also, they can be found under wet boards and surfaces, piles of leaves and sticks, wet stones, walls, the trunk of trees.

The best time to get them from places other than the market is in the night. Don’t forget they are always active in the night. So, you can clear a little portion of land in the evening during the rainy season and place some fruits after which you leave the place. After about 3 – 4 hours you can go back to pick available snails. This process can be repeated till you get the number you want to start up with. When buying snail eggs from the market ensure it has not been exposed to sunlight, as exposure to sun has a negative effect on the fertility of the eggs.

How do I keep them safe?

When selecting an appropriate site for housing the snails, consider –climate, wind speed and direction, soil characteristics and protection of the snails from diseases and predators.

Photo credit: Flickr

Snails need damp, not wet, environments and they derive most of their water requirements from the soil. They love to dig the soil to lay their eggs.

A soil that supports good growth of cocoyam, tomatoes and leafy vegetables, is suitable for snail farming. Ensure to loosen the soil by tilling.

Snails are good at escaping from where they are kept, so, for a rewarding business venture, you should endeavor, to construct escape proof housing. You can use a pen house that will be spacious and accessible with a soil deep of 10inch, and trees around it. Snails can also be reared in boxes made of suitable substances like wire gauze (net), wood, straw etc.

In other to avoid flies and ants, the removal of leftover food and cleaning should be done appropriately, also endeavor to control predators and secure the pen with nets, wire and nylon mesh. Note that changing of the soil once every 3 months and allowing them to grow to reach their proper size and weight is also essential.

What should I feed them with?

They are vegetarians and can be fed with wide varieties of foods.  You can feed them with – leaves of lettuce, cabbage, cassava, okra and pawpaw – also fruits like cucumber, mango, banana, eggplant, pear, tomato and paw- paw. Banana, paw paw and pineapple peels can also be given to them. Snails can also be feed with leftover food like rice, fufu and pap but salt intake can make them sick or even kill them. So any leftover food you give them, should not contain salt!

Who will buy the snails?

The demand for supply of snail is very important; no one wants to run at a loss. People that will constantly need and demand for  your snails include; restaurants, pepper soup joints ,canteens, stores, supermarkets, event planners and caterers, shopping malls, institutions, hotels, friends and your darling family members. You can have an agreement with this people on when, amount and number of snails that should be supplied.

Snail business will definitely not give you quick money but in the long run you will be happy about your investment that will give huge returns. Now is indeed the time to start!

Article written by Idowu T. Owoeye

Agribusiness Incubation: A Young Agropreneur’s Story, Post Incubation

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Johnbosco on the farm

This month we bring you a model youth of the IITA youth Agripreneur who was mentored to see Agriculture as a business. Today he has moved on to make for himself a growing and thriving business in plantain, banana and pineapple sucker production and multiplication among others, he distributes his suckers to various locations across Nigeria while he also helps farm setups both in Nigeria and diaspora with their farm management and setup. He also gives training on the production and business aspect of his mandate crops.

JohnBosco has since realized that picking agriculture as a business is the only work of life that is capable of giving massive percentage return on investment with eye-catching cost benefit ratio and higher curve of income, only if seen as a business. He thanks IITA for taking the lead to walk the talk on Youth in Agribusiness in Africa and encourages the Private and Public sectors and the world to rise up and walk the talk with proactive measures to help Youth see Agriculture as a business.

JohnBosco advices young people who have failed before in their agribusiness not to see it as a setback as every time invested in business has an impact and enables us see ways doing business in a particular way would’nt work.

In this piece he reveals how he started and projects he is currently working on in the value chain and discusses challenges faced as it relates to youth engagement in Nigeria.

Q1. Can you briefly introduce yourself? How was growing up like for you?

Answer: My name is Ezemenaka Johnbosco, preferably called Bosco by fans. I come from Anambra state, born and brought up in Ibadan. I grew up as a normal child with passion for business and development, but with no formal foresight of what sector of business I wanted as a child. Now, I’m the C.E.O of AgroBosco – Agribusiness and Consulting, Founder – International Forum for Youth in Agribusiness ‘IFYA’ (a virtual non-formalized platform), Agribusiness Analyst for Aroms Farms Nigeria Limited and Program Manager for McPennin Nigeria Limited.

Q2. Can you please tell us how you came into farming/agribiz? Do you have a background in Agric? If No, Tell us why you considered agriculture?

Answer: I have an Agricultural background in Soil Science and Land Management, Agricultural Extension and Rural Development. There’s no doubt I had the background from a Federal Agricultural University, still I had no clue of what aspect of life I was going to make that money from, even as at my fourth year as an undergraduate. I eventually graduated and as luck would play its role, I found myself in International Institute of Tropical Agriculture as my place of primary assignment as a Youth Corper serving my nation.

I was mentored and spawned to see Agriculture as a business. From there, I gained momentum with a crystal clear vision and goal to my independence and self-sustainability, so I decided to scramble for professional experience in Agribusiness Development, Business and Entrepreneurship, Civic Leadership, Public Management and Leadership.

Picking up Agribusiness as my part of life is simply because Agriculture is the ONLY work of life that is capable of giving you massive Percentage Return on Investment with eye-catching Cost Benefit Ratio and higher Curve of Income, only if seen as a business.

John bosco working on the farm

Q3. What aspect or nature of work in Agriculture do you practise? Briefly, Tell us about your work?

Answer: With practical experience in maize seed production, soybean seed production, cassava production / stem multiplication, plantain / banana fruit production and rapid sucker multiplication using macro-propagation technique and pineapple production / rapid sucker multiplication, this has helped me setup my own company. I give trainings on the aforementioned crops, help clients near and in diaspora set up farms and management, help develop Agribusiness companies in line with their business strategies to meet their business goals, help develop business plans, project plans and proposals with groovy and keen attention in Agri-start-ups for Youths.

Q4. What societal problems are you solving with your work and what solutions are you using? What are the hurdles currently being faced?

Johnbosco facilitating Macro-propagation of Hybrid Plantain

Answer: I have been giving trainings on the production and business aspect of my mandate crops to Youths and Farmers for self dependence, sustainability and enhanced income. Since commercial banks hardly finance Youths to start their venture, I’m working on providing Agri-finance with the Co-Founder of International Forum for Youths in Agribusiness – IFYA through ‘crowd-funding’ (micro fund raising through our members on the IFYA virtual platform) to set up Agri start-ups (maximum of $26,000 USD with an approved business plan).

Q5. What do you think about youth participation in Agriculture?

Answer: Youth participation is Agriculture is just the tool-box for significantly increasing food security, reducing world poverty and unemployment to ALARP level. Statistically, Youth make up the highest percentage of world’s population density with significant physiological and morphological capacity capable of deactivating the world time bomb. There’s no two ways about using Youth as a veritable tool.

Q6. What are the challenges of youth engagement in agribusiness as it relates to what you do, How do you think it is affecting Agricultural Entrepreneurship in Nigeria?

Answer: There are numerous challenges faced by Youth engaged in Agribusiness. The primary and number one challenge is ‘change of mindset’, others are secondary. Youths should have their mindset changed about Agriculture, the Private and Public sectors should help Youth see Agriculture as a business. A proactive concept and programs with strong Monitoring and Evaluation should be developed in all continents to tackle this and not just financing start-ups for Youths. Special regards to the IITA’s concept of Youth in Agribusiness, as a model in Africa. I tell you this; if you give a Youth $1 billion for an Agribusiness venture without having his/her mindset changed about seeing Agriculture as a business and the prospects attached to it, then you just poured water into a basket. I know there are so many programs and concepts about changing the mindset of Youths towards seeing Agriculture as a business, but the world has to rise and walk the talk with proactive measures. More regards to IITA for taking the lead to walk the talk on Youth in Agribusiness in Africa.

Johnbosco at the IITA youth Agripreneur incubation plot

In Nigeria, this has greatly affected negatively, considering the teeming Youth population moving into Nigerian labour market quarterly, and then you can figure out how devastating this is in Africa, having Nigeria as the most populous country in Africa. Just figure it out! Example: My friend ‘A’ is comfortable working as a freelancer with a bank and receiving a limited token as salary, while my friend ‘B’ quitted his freelancing ICT job for just a commodity in Agribusiness and now making fortune with unlimited revenue and profit generation.

Q7. What advice do you have for young people engaged in agriculture?

Answer: My advice for young people engaged in Agriculture is to see it as a business. Only then will they realise the fortune that awaits them. In business, every time invested has an impact. Failing is normal in life, but they should NEVER see ‘fail’ as a setback in any of the value-chains of Agribusiness they are into, but rather see ‘fail’ as a finding of ways that don’t work.

Q8. What do you think government should put in place to improve the agric sector in Nigeria? Suggest Advice

Answer: Nigeria government should; 1. Take Youth as a tool-box for development of the Agricultural sector. 2. Work on changing the mind-set of the Youths through Non-Governmental Organizations and private sectors who are walking the talk and proactive, and embracing these organizations with resources needed. 3. Significantly reduce the interest rates on loan and to make it easily accessible to the common Youth. Government should be proactive about the aforementioned using aggressive and diplomatic Monitoring and Evaluation framework base approach.

Here is a Youtube video of Johnbosco talking about Plantain Macropropagation in Nigeria.

Contact him via boscowjay@yahoo.com or Blog

How I resigned my teaching job in Lagos to start a big farming business in Sokoto – CEO Sawah Farms

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Ezedike Fredrick on his farm

Editors Note:

Ezedike Fredrick is a “northern farmer” who hails from Imo State.  He is a graduate of Pure and Applied Physics from Lodoke Akintola University (LAUTECH) Fredrick’s interest in agribusiness developed during his youth service year when his students became his friends. They took him to their various farms after school hours and enlightened him about the business of agriculture. He was encouraged to buy bags of onions for storage and make extra money apart from his NYSC allawe. Unfortunately, the onions spoilt but He did not give up! In fact, the situation triggered him to have a better interest in farming. Today, he is an onion, garlic and tomatoes farmer and CEO of Sawah Farms based in Sokoto state, Nigeria. Fredrick is our Young Agropreneur of the Month!

Introduction 

My name is Ezedike Fredrick. I hail from Nwagele Local Government Area, Imo State.  I had my primary and secondary school education in Lagos, so I will say I was born and brought up in Lagos State. I studied Pure and Applied Physics from Lodoke Akintola University (LAUTECH). Great Lado-ki-te!

How did you develop the interest in Agriculture and when did you consider it as a business to venture into?

My interest in agriculture developed during youth service year in Wurno Local Government Area, Sokoto State. I was posted to a school and my first new friends were the students I taught Physics, my new friends enlightened me about farming by taking me to their individual farms. They encouraged me to buy bags of onions for storage and make extra money apart from the NYSC allawe – assuring me that within few months, before my passing out parade day I would make huge returns. Unfortunately, the onions spoilt but I did not give up! In fact, the situation triggered me to be very interested in farming. This is because I wanted to know what caused the spoilage of my onions.

What aspect of Agriculture do you practice?

When service year ended, I travelled back home to Lagos but before I did, I bought a cow with the little money I had and left  the cow in Wurno with one of my friends because I knew I was still going to travel back. I worked in Lagos for some time hoping to get funds and go back to farming, but it did not work out as planned.

In March 2015, I resigned from the teaching job I got in Lagos and went back to Sokoto to learn about farming- with no money and no plan of how I was going to get accommodation. The only source of getting income was the cow I bought and left behind after youth service. Also, Language (Hausa) was another barrier but I moved around with my young friends, and volunteered to take free English lessons, this made me popular with other people around. I learnt the Hausa language and was able to communicate well with people about my wants and as God will do it a lot of people gave me advice on what to get and how to start farming. I presently specialize in the area of onions, garlic, and tomatoes farming.

Can you tell us the challenges you faced while starting up?

My main challenge while starting up with agribusiness in the northern part of Nigeria was having to call the names of chemicals used in farming in the local language (Hausa) and not in English. Also in the area of nursery development, the rain was a major factor that destroyed the seed beds while growing up.

What societal problem are you experiencing, and what measures have you implemented to curb it?  

The major societal problem that affects my business directly is the inability to get people that are educated technology wise. Also, communication is very much needed in farming – most of the rural farmers don’t have a means of communication talk less of knowing how to operate a phone. I buy phones and give to some farmers I work with, I also teach them how to operate it – so as to ease our work as a team.

What do you think about youth participation in Agriculture? Do you think funding is a major challenge for youths?

 

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I believe if the youths participate in agriculture like the way they do in the entertainment industry, Nigeria’s economy will grow. For now youth participation is still not impactful. Youths should be aware of what they are getting into- before thinking of how to fund it. In an area where a fund is available and a youth is not enlightened about what to farm- of what use is such fund! Funding is not the only challenge. Youths should show seriousness, commitment, zeal and passion for farming.

What advice do you have for young people still thinking of going into agriculture?

My advice to the young people thinking of going into agriculture is that they should first forget about making a quick profit. ‘First know what you are getting
into because it is not a course but a life experience’ so be ready to be hard working.

What do you think the government should put in place to improve the agricultural sector in Nigeria?
The government should farm directly. They have hectares all over Nigeria, let them    get involved and see what farmers go through in terms of getting inputs like chemicals, seeds, and fertilizer. They should subsidize inputs and encourage farmers to expand their agribusiness. They should also concentrate on areas known for the production of certain food crops in the past and find out why it is no more as productive as it was then –this will help them have an appropriate solution to solve such a problem.

Ezedike Fredrick  – CEO, Sawah Farms

Email: Sawahfarms@gmail.com

Twitter: @Sawahfarms

Improving Agricultural Productivity in Nigeria to Boost the Economy and Create Employment

Photo credit: Flicker

Agriculture is a very important tool for achieving the Millennium Development Goal. Agriculture is considered a catalyst for the overall development of any nation. In sub-Saharan Africa, Agriculture is a very important tool for improving growth, overcoming poverty and improving food security. It is thus a critical sector that drives the economic development and industrialization of the developing nation, and serve as a means of reducing unemployment. Increase in agricultural productivity is important for growth of the Nigerian economy. Nigeria spends close to $10 billion on food importation annually, if invested in agriculture, this amount would have generated a high percentage of employment.

 

Nigeria has huge agricultural potential with an arable land potential of 98 million hectares, out of which 84 million hectares is cultivatable, Nigeria’s agricultural potential remains untapped.  For a nation to grow its economy and provide employment, the government must be able to do massive investment in Agriculture. But the past and the current administration of this country has not been able to invest massively in Agriculture and has also not been able to tap into the contribution to the economy of the nation. There are some countries that have been able to tap into this benefit and this has subsequently created a rapid growth in economy of those countries e.g. China, Mexico, India, Taiwan, Chile, etc.

In China, agriculture led the way to the emergence of this Asian giant as a major force in the world economy. This is especially remarkable when you consider that China, with a population of over 1.3 billion people, is able to produce enough food for her people, and yet has more than enough extra to make her a major exporter of agricultural produce to the world. The importance of Agriculture as a means of generating employment and also contributing to the growth of the nation’s economy cannot be undermined.

One of the ways in which this present government can lift people out of poverty and provide massive employment opportunity for our youth is by the nation’s massive investment in Agriculture. Agriculture alone can provide millions of job opportunity for our teaming youths who are unemployed.

Factors that continues to affect Agricultural productivity which the Nigerian government have done nothing or little about are enumerated as follows;

Lack of price stability: There has not been a stable price for agricultural produce in this country.   The price of agricultural produce continues to rise and fall, price stabilization is necessary and important if farmers would make good profit from their investments. Farmers are usually discouraged, when low returns are gotten after sales of their products. The government should provide a ready market, buying from small scale farmers and selling to the bigger markets. This helps to avoid the role of middleman in the selling of agricultural products and thus helps keep prices stable.

Poor funding of research in Agriculture: One of the major constraint in agricultural productivity is poor funding of research in agriculture. There should also be an increase funding for research in Agriculture. According to research this country is losing about 24.7% of field crops to infestation of agricultural pests and diseases which usually lead to decrease in agricultural output. By providing funds for research in Agriculture, researchers will be able to breed or develop crops that will be resistance to insect, pest and diseases, therefore reducing or eliminating the use of agrochemicals and also reduce crop loses to pest and diseases. They will also be able to develop crops that are high yielding, nutritious and has fast growth rate.

Decline in agricultural extension services: There has been a decline in agricultural extension services and this has affected agricultural productivity in Nigeria. The government should focus on Agricultural extension services. By this the extension workers will be able to transfer the latest agricultural research or innovation to the farmers. They will also be able to train farmers on how to handle modern technological tools and equipment. By this the farmers will be able to put the knowledge gained into use to boost their agricultural output.

Poor funding of Agricultural sector: Poor funding is a major factor that has continued to affect the growth of Agricultural sector in this country. There should be an increase funding of Agricultural sector. The government at all levels must take the development of agriculture as a national priority. The government should dedicate a larger percentage of its annual budget to the development of the agricultural sector. The government should be able to provide loans with low or without interest to the farmers. The government should also be able to provide free and subsidized agricultural inputs like seeds fertilizers, animal feeds, day old chicks, fish fingerlings, agro-chemicals, technological equipment etc.

Lack of modern agricultural tools and equipment: One of the ways in which we have not been able to increase our agricultural production is that we continue to practice subsistence farming. We should be able to shift from subsistence farming to mechanized farming. For agricultural sector to be developed and employment generated there must be a shift from the traditional methods of farming to a more technologically advanced/mechanized method of farming and high yielding methods of planting. The government should be able to lease out new modern technological equipment at a low rate to the farmers who will not be able to afford it also subsidize it for those who will be able to afford it. By doing so the nation will be able to boost her agricultural productivity.

Lack of storage and processing facilities: Many of agricultural crops are being lost to post harvest losses, 20-40% of crops in Nigeria are being lost to post harvest losses. The government should be able to provide good storage and processing facilities to the rural farmers. Storage and processing of agricultural products is one of the major factors affecting the growth of agricultural sector. Losses experienced after harvesting is very discouraging. It is imperative for the government to put in place a system of ensuring adequate storage and processing of harvested produce as this will stand as a sure way of encouraging farmers and thereby increasing production. Storage and processing are critical in ensuring that the commodities produced at a particular period are available for consumption whenever and wherever they are required.

Lack of rural infrastructure: Infrastructure includes roads and railway system, educational and health facilities, social services such as potable water and electricity and communication system. Agricultural productivity in Nigeria has been negatively affected due to low level of development of infrastructure. In the rural areas where majority of the small holders operate, inadequate infrastructure constitutes a major constraint to agricultural investment, production and trade. Many of the youths in the rural areas have left farming and migrated to the urban areas due to lack of good infrastructure in the rural areas. Therefore government should invest heavily in rural infrastructure development that will promote private investment in all areas of agriculture.

Importation of food items: Continued importation of food items has continued to negatively affect local production of agricultural crops. We continue to import food like rice, maize, wheat, processed tomatoes, frozen foods etc. If we are going to be serious about the development of agricultural sector, we should be able to close our doors to the importation of agricultural products that can be produced or grown successfully in this country. By doing so we will be able to encourage and boost local production and processing of agricultural products.

This blog post was written by Abosede Kayode, A graduate of Agricultural Science from the Federal University of Agriculture Abeokuta, Ogun state. Nigeria.

He can be contacted via email at kayudex124@gmail.com

OPINION: The increase of labor-saving machinery and the present state of Nigerian Agriculture, a challenge or not a challenge?

Agricultural machine working in the late evening. Photo credit: Flickr, Ookpik Prod.

Agricultural machine working in the late evening. Photo credit: Flickr, Ookpik Prod.

The introduction of the increase in “labor-saving machinery” for farm practices is indeed a requirement for improved output and productivity; however its implication on agricultural development with the present state of the country should not be overlooked.

According to the Federal Ministry of Agriculture and Rural Development (FMARD), Nigeria has over 84 million hectares of arable land of which only 40% of the 84 million hectares is cultivated. Cultivation of the 50.4 million hectares of land, – which is capable of being plowed to grow crops and has huge potential to be productive – is one of the diverse ways in which increased output can be achieved other than focusing squarely on increasing labor-saving machinery in the country.

Increase in mechanized agriculture will definitely replace human labor – in a case of a country with abundant labor the importation of labor saving machinery will not only affect the physical environment negatively but it will create more rural unemployment and may not really cause a reduction in per-unit cost of food production.

Even though improved mechanization will help increase farm output, there are over 78.4 million people in Nigeria  that are within the working age population, these persons  are willing, able and actively looking for work. The striking effect on the quantity of output per worker if “labor-saving machinery” increases cannot be overstated, for example, one man operating a harvester will accomplish in a single hour what will be required by hundreds of men using crude implements. But in a situation, of few land ownership, scarce capital, and high rate of unemployment the importation of labor-saving machinery could increase the problem of poverty and unemployment, and be anti-developmental.

Do we need to ask ourselves how many hectares of land have the potential to be productive? How many have been cultivated on? How sufficient is the capital of the present day Nigerian farmer? How many hectares of land are owned by individual Nigerian farmers? Where does most agricultural activity occur in Nigeria? What is the state of the rural area? It is a known fact that good roads, adequate storage facilities, incentives to farmers, improved farm income and access to credit will attract more youths to agriculture than the increase in labor-saving machinery.

We should focus and fix our most severe agricultural constraints to attract both young and old to agriculture and exploit other opportunities for significant and sustainable land expansion before facing the challenges of labor-saving machinery.

This blog post was written by Idowu T. Owoeye

email; idowuowoeye6@gmail.com

When Nigeria begins to do what it says it will do in the Agricultural Sector

Photo credit : pintrest.com

Photo credit : pinterest.com

The business of agriculture which is simply agribusiness cannot cease to exist since agriculture is a necessity for survival. A country that does not invest in its agribusiness is definitely investing in another country’s agribusiness. A quote of Ralph Ransom says “Agriculture and the business created by it not only give riches to a nation but gives the only riches the nation can own”. It is a known fact that the agricultural potential of Nigeria cannot be overemphasized, thus Nigeria should be fed with what Nigeria produces. This is the way forward if indeed we want sustainable growth and development as a country.

In this effect, agribusiness would be less of just a discussion and more of proper implementation of ideas that will enhance agricultural growth and development in the country. Just imagine an  agribusiness value chain from an input supplier that supplies seeds, fertilizers, equipment, machineries, feed concentrate, containers and sack; to a farmer that produces crops, livestock  and other produce used to sustain life; to a  manufacturer that processes the agricultural produce into fruit juice, cocoa drinks, milk, coffee and tea, chocolates, sweets, cornflakes, bread, jam, butter, cakes, tomato puree, foot wears, clothes,  tissue paper, soap and  furniture; to food stores, supermarket, shopping malls and  wholesalers  who stand as  marketers and  distributors.

If Nigeria’s true focus is now on the agricultural sector as stated, it will not only be food secured and meet the needs of its over 178.5 million teeming population, it will create employment for its over 78.4 million labour force population i.e. those that are within the working age population, willing, able and actively looking for job. It will provide incentives and educate over 80 million of its dedicated farmers about modern agricultural techniques and methods. It will decongest its urban areas by making the livelihood of its over 5.9 million rural unemployed youths, attractive. It will provide solutions to mitigate environmental challenges, and put an end to food wastage by ensuring the provision food processing and storage facilities. It will adopt its research policies, and be more practical about science and technology. It will grow its industries and be disciplined about the implementation of designed agricultural plans.

Indeed the way to get started is to quit talking and begin doing. Nigeria will change the economy of many countries if it begins to do what it says it will do.

This blog post was written by Idowu T. Owoeye.

email: idowuowoeye6@gmail.com