economic growth

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

 

Tolu1

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.

tolu2

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

 

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

SIMPLE STRATEGIES FOR PROFITABILITY IN YOUR AGRIBUSINESS

Agriculture should be viewed as “agri-profit” since business is all about making profit. Once you have a chosen agribusiness venture, your key profit drivers need prioritized strategies to ensure growth. In making your business more profitable that is increasing sales and revenue as well as decreasing cost and having savings, you should choose and focus on effective agribusiness growth strategies.

Agribusiness strategies transform subsistence activities of low productivity and low value addition to commercially oriented, innovative and modern agribusiness. It will enable you invest your resources technically to trigger profit and growth, and change your thought of just producing to producing to solve  problems and meeting market needs. When you choose to implement agribusiness strategies, it means you choose to allow your produce/product find a positionand meet competitive demands in the market.

Core values that will drive these strategies include:-

  • Efficiency which will be driven by the aim to reach higher competitiveness.
  • Innovation which will be driven by the aim to be impactful.
  • Positivity which will be driven by the aim to sustain performance.

The prioritized strategies include:

Putting Markets at the Center of all Production, Processing, Product Development and Packaging

  • Collate, update and provide relevant, timely and accurate market information to your customers and potential customers.
  • Be specific about your target market and the agribusiness you are into, so as to ensure optimum use of your resources in a particular direction.
  • Promote your produce and products by value addition, for example increase the quantity of your produce or products and still sell at the same price. This definitely doesn’t mean your business will run at a loss. Don’t forget I said agribusiness means agri-profit.
  • Be informed on agribusiness marketing, you can do that by using the internet appropriately and attending organized seminars and programs on agribusiness marketing.

Joining Vibrant Agribusiness Organizations and Forums

  • Connect, network, collaborate and share ideas with people of like minds.
  • Be part of a collective action that will lead to increased bargaining power.
  • Be active in the organization, dialogue and share information that will establish favorable business relationships with other agribusiness managers. This act can spur a member to refer you for business or link you with people that need your services.
  • Be part of organized seminars and programs by the organization or forum. There will be an opportunity for you to market and promote your agribusiness.

Improving on Quality Service to all Customers and Potential Customers

  • Treat all your customers well, definitely loyal customers should be well recognized but all customers deserve a great treat.
  • Satisfy your customers beyond their expectation, they will be motivated to continually patronize and refer you to other people.
  • Motivate steady customers by acknowledging their loyalty and by rewarding them; this can be with a discount, extra produce/ product or gift item. They can also be appreciated with a thank you message or call.
  • Provide concise information of your agribusiness services to all customers and potential customers.
  • Issue receipt to your customers, even if your agribusiness is small. Look at your agribusiness as a dressing that needs to be addressed appropriately. So step up and start issuing receipt.
  • Promote your business on different media (facebook, whatsapp, bbm, twitter,instagram). You can read on digital marketing for more information.
  • Be informed on climate, diseases, market trends to guide against low quality of produce/products and loss, through various means like paying attention to agribusiness news, joining interactive groups and platforms on social media.
  • Be informed about credit services, be part of a mentorship scheme and have a model farmer.

Read And Apply These Strategies To Your Agribusiness And Make Your New Profit Level A Reality. SUCCESS!

This blog post was written by Idowu T. Owoeye

email; idowuowoeye6@gmail.com

FG releases 2 hybrid yams, 7 other crop varieties

The Federal Government has approved the registration and release of nine hybrid crops varieties developed by scientists for Nigerian farmers to boost agricultural production in the country. Dr Sunday Aladele, Registrar, National Centre for Genetic Resources and Biotechnology (NACGRAB) made this known in a statement issued on Tuesday and made available to newsmen in Ibadan.

NACGRAB is a parastatal under Federal Ministry of Science and Technology. He said the release of the crops was announced by the chairman, National Varieties Release Committee (NVRC), Chief Awoyemi Oladosu at the 24th NVRC meeting held at NACGRAB. He listed the nine successful varieties as two hybrid white yam (UMUDr/020) and (UMUDr/021), two maize hybrids (SAMMAZ 49) and (SAMMAZ 51), and one maize variety (SAMMAZ 52). Others were two cowpea varieties (FUAMPEA 1 and FUAMPEA 2), one amaranthus or leaf vegetable hybrid (NHAMAR 1) and one okra hybrid (NHOKRA 1). According to him, the yam varieties were developed by National Root Crops Research Institute, Umudike, and International Institute of Tropical Agriculture (IITA) Ibadan. “The maize varieties were developed by Institute for Agricultural Research (IAR), Zaria and IITA while the cowpeas were from Federal University of Agriculture, Makurdi, IAR, and IITA. “The two vegetable varieties, amaranthus and okra were from National Horticultural Research Institute, Ibadan,” he said. The registrar thanked the Minister of Science and Technology for facilitating the funding for the meeting. Aladele also thanked the West Africa Agricultural Programme for the financial support received so far. The Registrar announced that 166 crop varieties from Nigeria had been entered into ECOWAS catalogue. They included 59 maize, 18 sorghum, 14 rice, five pearl millet, 18 cowpea, three groundnut, 24 cassava, 19 yam, three potato and three tomato varieties. Also, Prof. Olusoji Olufajo, chairman Technical Sub Committee (Crops) said the committee had adopted the recommendation of the ad-hoc committee set up by NVRC on funding. He said the committee recommended that anybody submitting publicly bred material should be charged N50,000 and privately bred material should be charged N200,000 application fees for registration per crop variety/hybrid. According to him, 24th NVRC meeting held at NACGRAB was attended by crop scientists, breeders, seed companies and agriculture experts from all over the country.

Originally posted here:http://bit.ly/2ep3zOf

“Agriculture Must Be Treated As A Business” – President M.Buhari

Banana Market in Nigeria

Banana Market in Nigeria

In order to accelerate the development of Nigeria’s agricultural sector and ensure food security, President Muhammadu Buhari has said that agriculture must be treated as a business.

The president stated this in Calabar yesterday while declaring open the 55th annual general meeting of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

Buhari who was represented by the permanent secretary, Federal Ministry of Mines and Solid Minerals, Alhaji Baba-Umar Farouk, also advocated the active participation of the private sector towards developing agriculture in Nigeria.

He challenged participants at the conference to come up with useful recommendations that will advance Nigeria’s agricultural sector at the end of their deliberations.

The president said “Nigeria has huge agricultural potential with over 84 million hectares of arable land of which only 40 per cent is currently cultivated. The country has some of the richest natural resources for agricultural production in the world. The urgency of unlocking our agricultural potential is even more pertinent because Africa spends $35billion annually for food import. Agriculture must cease from being treated as development programme; agriculture must henceforth be treated as a business.”

Meanwhile, a researcher in Agricultural Science, Dr. Yemi Akinbamijo, has advocated greater participation of women and Nigerian youths in agribusiness in Nigeria.

Delivering his keynote address at the occasion, Akinbamijo, who is the executive director, Forum for Agricultural Research in Africa (FARA), said the women in particular play a critical role in agricultural development in Nigeria.
According to him, “Women already contribute significantly to the development of households, communities and nation.

“They are the pillars of economic growth and development considering their predominant role in agriculture which is the backbone of most African economies.

“Hence, the need for NACCIMA to deliberately engage and support opportunities in Agribusiness that offers equal participation and benefits to women and youths moving forward”.

The occasion attracted Cross River State deputy governor, Prof Ivara Esu, seven past presidents of NACCIMA among other dignitaries and delegates across the nation.

Source: Leadership Newspaper

Photo credit – IITA Flicker account