Nezzjnr:

How many security guards do you want to employ for over 30k Acres.

It's not easy safe guarding hectares of lands in a very thick forest.

Gerrard59:
Another big farm I am interested in is FMN which had abi have a sugar plantation in Niger. I wager they've aligned themselves with the political class. But how is a random investor going to enjoy the same privileges?

Nezzjnr:
I just laugh when people say "Enter Agriculture".

If you don't have any background experience in it... Just stay mute.

Let me not even go to security.

Farm workers are the biggest threats... They can make or mar you.... One of my workers sprayed herbicides on my Cucumber project last year... Or is it theft from them?.

One pulled gun on his fellow colleague... I couldn't deal and I sent both of them packing.

Rural dwellers are always envious especially if the owner of the farm is a young person.... You can come one morning and find out that everything has been wiped out.

Last year.... A Friend of mine had his 15 acres of plantain Farm razed down by fire by some rural dwellers.

If you have a fragile heart and fragile mind... Please don't enter Crop production so you won't start having wrinkles on your face.

We pray for a better Nigeria so people can do the business of Agric with ease.

Nezzjnr:
I just laugh when people say "Enter Agriculture".

If you don't have any background experience in it... Just stay mute.

Let me not even go to security.

Farm workers are the biggest threats... They can make or mar you.... One of my workers sprayed herbicides on my Cucumber project last year... Or is it theft from them?.

One pulled gun on his fellow colleague... I couldn't deal and I sent both of them packing.

Rural dwellers are always envious especially if the owner of the farm is a young person.... You can come one morning and find out that everything has been wiped out.

Last year.... A Friend of mine had his 15 acres of plantain Farm razed down by fire by some rural dwellers.

If you have a fragile heart and fragile mind... Please don't enter Crop production so you won't start having wrinkles on your face.

We pray for a better Nigeria so people can do the business of Agric with ease.

Nezzjnr:
I just laugh when people say "Enter Agriculture".

If you don't have any background experience in it... Just stay mute.

Let me not even go to security.

Farm workers are the biggest threats... They can make or mar you.... One of my workers sprayed herbicides on my Cucumber project last year... Or is it theft from them?.

One pulled gun on his fellow colleague... I couldn't deal and I sent both of them packing.

Rural dwellers are always envious especially if the owner of the farm is a young person.... You can come one morning and find out that everything has been wiped out.

Last year.... A Friend of mine had his 15 acres of plantain Farm razed down by fire by some rural dwellers.

If you have a fragile heart and fragile mind... Please don't enter Crop production so you won't start having wrinkles on your face.

We pray for a better Nigeria so people can do the business of Agric with ease.

Saladdin:


Dr Gerrard59, most of the principles and knowledge learnt at HBS will fail in Nigeria o. This is because it lacks the necessary 'local content'.

Most of our top guys in corporate Nigeria only go there for bragging rights and the network. Nothing overly special with HBS. In Nigeria, MBA from LBS is practically more useful than the one gotten from HBS.

Nwuneli's is really trying, but her business is yet to get the expected trajectory. This still leads to the first paragraph above.

Mira Mehta's agribusiness enjoys fully support from Kaduna State politically, fiscally and security-wise courtesy of Kaduna State Government. Most businesses in the state do not enjoy this privilege.

Her factory is located in the Northern Part of Kaduna which is relatively safe, plus it is well-guarded by the police and the military. Plus she got the large portion of land at near zero cost.

She's used by El-Eufai as the 'postal child' of Modern entrepreneurship in Kaduna (El-Rufai actually made significant strides here). This is because he wanted to attract more investors to the state and brag about an Oyinbo doing business in his state. Even at that, she's barely staying afloat, as foreign pastes (e.g Gino) are still beating her to it in Kaduna and the entire North. You can hardly find her paste around.

If not for all these supports, hand for don touch her tey tey.

Sablexxxtoons:
Imagine.. so the terrorists are attacking our food security

Gerrard59:


https://www.bbc.com/news/world-africa-65728764

Gerrard59:
It is the reason when someone says he or she does agribusiness on a huge scale, I am always interested in how they cope with the rising insecurity. I recall sending Ndidi Okonkwo Nwuneli an email to her personal email address, which she replied, but I did not follow up. But I admired the work they did. Even Rotimi Williams made the news then as the second largest rice grower after Olam. How do ordinary agribusiness entrepreneurs cope if these folks with their HBS qualifications and network cannot secure their farmers? Also, a few are wailing on TwitterNG. Although Tomato Jos by Mehta and Yemisi Iranloye of Psaltry International are doing pretty well, I am curious how other big agribusiness entrepreneurs are coping? Especially if out-growers who they depend on are being killed.

But bants aside, if HBS folks cannot use their influence to stem the insecurity tide, e get as e be o. I thought HBS know the movers and shakers in the countries they work in. After all, Mehta na HBS alumna too

Saladdin:


Dr Gerrard59, most of the principles and knowledge learnt at HBS will fail in Nigeria o. This is because it lacks the necessary 'local content'.

Most of our top guys in corporate Nigeria only go there for bragging rights and the network. Nothing overly special with HBS. In Nigeria, MBA from LBS is practically more useful than the one gotten from HBS.

Nwuneli's is really trying, but her business is yet to get the expected trajectory. This still leads to the first paragraph above.

Mira Mehta's agribusiness enjoys fully support from Kaduna State politically, fiscally and security-wise courtesy of Kaduna State Government. Most businesses in the state do not enjoy this privilege.

Her factory is located in the Northern Part of Kaduna which is relatively safe, plus it is well-guarded by the police and the military. Plus she got the large portion of land at near zero cost.

She's used by El-Eufai as the 'postal child' of Modern entrepreneurship in Kaduna (El-Rufai actually made significant strides here). This is because he wanted to attract more investors to the state and brag about an Oyinbo doing business in his state. Even at that, she's barely staying afloat, as foreign pastes (e.g Gino) are still beating her to it in Kaduna and the entire North. You can hardly find her paste around.

If not for all these supports, hand for don touch her tey tey.

Nezzjnr:
I just laugh when people say "Enter Agriculture".

If you don't have any background experience in it... Just stay mute.

Let me not even go to security.

Farm workers are the biggest threats... They can make or mar you.... One of my workers sprayed herbicides on my Cucumber project last year... Or is it theft from them?.

One pulled gun on his fellow colleague... I couldn't deal and I sent both of them packing.

Rural dwellers are always envious especially if the owner of the farm is a young person.... You can come one morning and find out that everything has been wiped out.

Last year.... A Friend of mine had his 15 acres of plantain Farm razed down by fire by some rural dwellers.

If you have a fragile heart and fragile mind... Please don't enter Crop production so you won't start having wrinkles on your face.

We pray for a better Nigeria so people can do the business of Agric with ease.

Gerrard59:


Sounds good on paper, but how do you intend to secure lots of hectares? I have watched how farms in Brazil, Indonesia, Thailand, and nearby Ghana, but none had a fence. Ploughing money into fencing and recruiting security agencies makes the business unproductive as you are spending on items that are not worthy assets. The money used in fencing can acquire or pay for the lease of more acres of land or sophisticated equipment. How then do you plan to compete with farmers in Thailand, South Africa and neighbouring countries that don't experience the same?

Anytime I read a farmer mentioning fencing, I don't consider such a person to be business oriented. Because fencing is unrealistic. It is better the person kuku turn the entire swathe of land into a housing estate and sell each plot to interested buyers. That is a better business proposition.

I can't blame Rotimi for wanting to leave. It is inevitable. In agribusiness, the big farms depend on smaller farms for a consistent supply of raw materials, as no one can do it alone. It is a symbiotic relationship. But when the smaller farmers are brutally butchered, heavily fined and sometimes double taxed (they have to pay LGA fees, too), setting up an agribusiness enterprise in Nigeria makes no sense. Rather do so in Ghana, Ivory Coast or Benin. At least, over there, the elites take security pretty seriously, especially if it affects exports. Another big farm I am interested in is FMN which had abi have a sugar plantation in Niger. I wager they've aligned themselves with the political class. But how is a random investor going to enjoy the same privileges?

Gerrard59:


https://www.bbc.com/news/world-africa-65728764

Nezzjnr:

How many security guards do you want to employ for over 30k Acres.

It's not easy safe guarding hectares of lands in a very thick forest.

CongoJewRat:


It's now you know that Fulani bandits and BH are actually agents of destabilisation propped by the Globalists in the WEF.

This is where Emefile was funding these terrorists so as to accelerate the great Reset agenda in Nigeria.

Chase farmers from their land , bankrupt big corporate farms like the one quoted in the article thereby leasing to acute food shortages and famine.

Take out Russian grain exports that account for 20% of global supplies via sanctions.

What is left is to force nations to hand their arable lands to GMO farms owned by BlackRock.

This is already happening in Kenya under the Globalist hand picked Marxist party.

Peter Obi was meant to continue from where Buhari stopped.

OkCornel:

Why not arrange for a franchise with the FMN brand?

Would save a lot of stress setting up a lot of things from the scratch… if the franchise option is available.

By the way, you’re one of the outstanding bright minds on this forum. Following you…

emmaodet:


It is a long story bro but will explain in details tomorrow

wman:



Wow. This is really insightful. Thank you for this post. I use to look up to Mira on Twitter as someone defying the odds with Tomato farming and tomato paste where the likes of Dangote have tried and failed.

LordAdam16:


There is no developing nation on the planet where an investor (foreign or indigenous) setting up a middle-market (or bigger) enterprise somehow sidesteps the power brokers.

In the developed world, you can't either. Tons of permits, regulations, and red tape to wade through

If it didn't dey, it didn't dey. No magic can be done.

Presco and Okomu are excelling. But they're in Southern Nigeria.

If you're a random investor, go for lower hanging fruit. Or put in the right modalities. I can't just land in South Korea and seek to set up a plant for automotive parts. I would not grapple with security but a dozen other crucial issues that I'd need natives and well-heeled professionals to navigate. An HBS will open some doors. But it'll still be a steep climb.

That's a developed country. If I try the same in Indonesia. It'll be exponentially harder.