NAFDAC ( National agency for food and drug administration and control ) has launched a new palliative for SME and MSME as a means of job creation and reducing the burden of COVID-19.
There are opportunities in this new line of thinking that NAFDAC has introduced. Product registration will be done online, which will make it easier and faster. Secondly the timeline to get a product register is now 90 days. Thirdly, you can share a production line with a factory that manufacture the same product.
My aim of writing this is to see how to exploit this opportunities.
With these new innovation an entrepreneur can register up to five products at a very reduce price. Product registration is now N5,000 a product while laboratory analysis is N10,000 per sample.
Secondly, an entrepreneur who doesn't have the funds to install the necessary machines for production can create an understanding with a factory owner who has the production machine.
Thirdly, one can produce three to five different products that use the same production line for example .
1. Spices: Different flavour of spices
2. Tea: Different flavour of tea
3. Flour(for swallow) Plantain flour, yam flour, Potatoes flour, fiono flour, rice flour
4. Custard, Millet, Beans flour
5. Food supplement
6. Snacks: Plantain chips, potatoes chips groundnut, dryfruits.
7. The list is inexhaustible

Just be innovative and unique in your product mix and packaging.
In as much this is an opening to take advantage of, an entrepreneur must make sure that he does his homework. Have an understanding of what you are going into, do a feasibility and business plan.
This is your time to create wealth.

Awesome!!! let's see how it goes

There are a lot of opportunities in the agro sector, most people are scared of the finance, forgetting that the idea first and the money will follow.