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Agro Exportation The Millstream Economy Improvement - Agriculture - Nairaland

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Agro Exportation The Millstream Economy Improvement by webcool(m): 3:53pm On Nov 10, 2017
Government after government, the sustainance of agriculture as the frontier to economy improvement have been a daunting task, and seriously is there a way out?

This rhetoric question begs for answer, Nigeria being in transition from oil-import dependency begs to diversified to other rich non oil product that will boost the Naira stability. When the price of oil drop from $147 per barrel to $45, the nation fall into deep cash crunch economy where price of goods rose exponentially and have a drastic effect to the masses.

Different opinions and notions have reveal that it is time and imperative for Nigeria as a big brother of Africa diversified the economy drastically. As a country richly endowed with natural assets, it is mind-blowing for us to concentrate on one side of natural resources when there are untapped ones. Such aspect of resources employees few Nigerians and more of expatriate which reduces the influence to empower Nigerians. Therefore, the plan to diversified the economic Nigeria needs is one that can help stabilized monetary policies, provide employment for the teeming work-age population as well as generate more revenue for the government to meet its commitments to the people.

Agriculture Technology Advancement
Agriculture represents the low end natural quest to structurally transform economy. Agriculture remains one of the pillars of Africa’s economic, social and rural development. About 70% of Africans and roughly 80% of the continent’s poor live in rural areas and depend mainly on agriculture for their livelihood. Over the past hundred years, agriculture have altered the structures of our societies. Despite the enormous research activities embarked upon by the various research entities in Nigeria over time, the expected research impacts remain obscure. The outlook on agriculture as the bedrock to global change agent is on this discuss, even the downward trending of global food security still further the speculation to strengthen the agriculture in Nigeria. With tight investment the government with proper structure of policy can boost the activities of agriculture in Nigeria, ensuring constant supply as Nigeria being favoured with arable climate, abundant land and water resources, most regions of the Country are suitable for the production of a wide range of tropical and sub – tropical fruits, vegetables, and cash crops.

Beyond this, Nigeria agriculture itself is undergoing multiple layers of transition. Population growth and changing consumption habits have started to drive up demand for food in multiple varieties. By year 2050, the population will reach 280 million. That means there will be surplus demand for more food and time for us as a country to look deep into invest more.

However, low level utilization, in which Nigeria became dependent on a number of imported food items – including mostly those that can be grown in the country – might have exerted the greatest influence on supply of agriculture in Nigeria.

The interplay of current domestic demand and supply scenarios also supports a buoyant outlook for agriculture and the agro-industry in Nigeria. On the demand side, Nigeria is a growing market. Although we currently profile the over $10 billion we spend yearly on food importation as negative, it actually also paints the picture of an aspect of effective demand which can be served locally, and which can help conserve our foreign exchange and make the local currency less volatile in value. This therefore provides a strong-financial-returns impetus for additional local investments in agro-food processing. More success with poverty reduction and strengthening of the middle class will further boost food demand growth.

Therefore, some of the key factors for a successful transition to an industrialized economy in which agriculture and agro-industrialization play important roles including providing domestic food security, contributing to export revenues and supporting strong employment numbers, are present with us.

About Us

Mebo Farms is an indigenous agricultural trading arm of Adrena Media which is involved in the export of a gamut of product such as Maize, Sorghum, Sesame Seeds, Cashew Nuts, Millet, Soya Beans, Palm Kernel Seeds, Molasses, Bran Wheat Offal, Cavendish Banana, Coin Product e.t.c We are export / suppliers / whole-sellers purposely planted to serve wide range of cultivated farming commodities. Our ideology basically is ‘Alliance with Local and International Bodies’ which was inspired to provide value-added services in commodities market. In addition to producing some of the world’s finest produces, we leverage on our existing local content of agricultural team and Nigeria’s friendly climate and soil, ready to meet all demands.

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