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Agro Investment - Agriculture - Nairaland

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Agro Investment by Suntwist(op): 9:52am On Apr 17, 2019
Over the years, there has been a noticeable growth of the agricultural sector in Nigeria.
In comparison to the past when agricultural practices were carried out mainly in small scale (subsistence farming) for consumption purposes, it is evident that a milestone of development has hit the agricultural sector as these practices are now carried out on a much larger & commercial scale.

In 1990, it was speculated that roughly 82 million hectares out of Nigeria’s 91 million hectares of land are arable, sadly, only a measly 42% of this area was farmed, this was due to the petroleum boom in the 1970s which brought about an adverse effect on the production levels of food and cash crops.

The government, who turned all their attention to the oil sector as a means of boosting the country’s GDP, started paying less for agricultural products. This made the agricultural sector seem unattractive and enhanced the search for white collar jobs.

Unfortunately, the world is now moving past oil. Innovations and technology is beginning to drive advanced economies.

Knowledge-based economy is the new trend and there has been increased research and development activities into sustainable energy. Therefore, there is a steady decrease in the demand and exportation of Nigeria’s oil, hence forcing the Nation to look into other areas for economic growth.

According to the former minister of Finance, Ms. Okonjo-Iwela, “no fewer than 1.8 million graduates move into the labour market yearly” and from this number, the available resources can only cater for about 40% of these graduates. The rest are left to roam the streets, moving from one menial job to the other, or worse, finding themselves entwined in illegal practices.

In recent times, the Nigerian Government has tried to stimulate the interest of its youth towards the agricultural sector in order to curb unemployment by adding incentives such as loans, provision of infrastructure, machinery, etc., but these actions have not been well received as most Nigerian youths still dream of white collar jobs and find the Agricultural sector to be dirty and unglamorous.

This notion is conceived from the fact that our forefathers carried out agricultural practices on a small scale (subsistence farming) basis, mainly for feeding purposes rather than commercial, so when agriculture is preached to most youths today, it is not surprising that they envision themselves in a farm, in old clothes, probably bent over with a hoe and they immediately hate the picture and in turn, hastily discard the idea.

This fear is not well-founded because Agriculture in today’s world is heavily mechanized and largely driven by modern technology. There are extreme technological innovations in this sector which Nigeria is yet to explore.

Technology and digitalized solutions are increasingly making the industry attractive. More importantly, government support in terms of the right infrastructure and policy to drive the industry will be a huge step forward.

Until we can tap into today’s knowledge, maximise the technologies available and create tech solutions to solve our peculiar agricultural challenges in Nigeria, the sector will continue to take the back seat.

We see Agri-tech start-ups springing up on the African continent and in Nigeria. Young techies are beginning to embrace the food and agricultural sector by providing app solutions and this in turn has brought a revealing effect on them about the opportunities embedded in the agriculture value chain

Visit www.suntwist.com.ng for more enquiry
Re: Agro Investment by Suntwist(op): 9:59am On Apr 17, 2019
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Suntwist:
Over the years, there has been a noticeable growth of the agricultural sector in Nigeria.
In comparison to the past when agricultural practices were carried out mainly in small scale (subsistence farming) for consumption purposes, it is evident that a milestone of development has hit the agricultural sector as these practices are now carried out on a much larger & commercial scale.

In 1990, it was speculated that roughly 82 million hectares out of Nigeria’s 91 million hectares of land are arable, sadly, only a measly 42% of this area was farmed, this was due to the petroleum boom in the 1970s which brought about an adverse effect on the production levels of food and cash crops.

The government, who turned all their attention to the oil sector as a means of boosting the country’s GDP, started paying less for agricultural products. This made the agricultural sector seem unattractive and enhanced the search for white collar jobs.

Unfortunately, the world is now moving past oil. Innovations and technology is beginning to drive advanced economies.

Knowledge-based economy is the new trend and there has been increased research and development activities into sustainable energy. Therefore, there is a steady decrease in the demand and exportation of Nigeria’s oil, hence forcing the Nation to look into other areas for economic growth.

According to the former minister of Finance, Ms. Okonjo-Iwela, “no fewer than 1.8 million graduates move into the labour market yearly” and from this number, the available resources can only cater for about 40% of these graduates. The rest are left to roam the streets, moving from one menial job to the other, or worse, finding themselves entwined in illegal practices.

In recent times, the Nigerian Government has tried to stimulate the interest of its youth towards the agricultural sector in order to curb unemployment by adding incentives such as loans, provision of infrastructure, machinery, etc., but these actions have not been well received as most Nigerian youths still dream of white collar jobs and find the Agricultural sector to be dirty and unglamorous.

This notion is conceived from the fact that our forefathers carried out agricultural practices on a small scale (subsistence farming) basis, mainly for feeding purposes rather than commercial, so when agriculture is preached to most youths today, it is not surprising that they envision themselves in a farm, in old clothes, probably bent over with a hoe and they immediately hate the picture and in turn, hastily discard the idea.

This fear is not well-founded because Agriculture in today’s world is heavily mechanized and largely driven by modern technology. There are extreme technological innovations in this sector which Nigeria is yet to explore.

Technology and digitalized solutions are increasingly making the industry attractive. More importantly, government support in terms of the right infrastructure and policy to drive the industry will be a huge step forward.

Until we can tap into today’s knowledge, maximise the technologies available and create tech solutions to solve our peculiar agricultural challenges in Nigeria, the sector will continue to take the back seat.

We see Agri-tech start-ups springing up on the African continent and in Nigeria. Young techies are beginning to embrace the food and agricultural sector by providing app solutions and this in turn has brought a revealing effect on them about the opportunities embedded in the agriculture value chain

Visit www.suntwist.com.ng for more enquiry
Re: Agro Investment by hopevalley: 3:07pm On Apr 17, 2019
Suntwist:
Over the years, there has been a noticeable growth of the agricultural sector in Nigeria.
In comparison to the past when agricultural practices were carried out mainly in small scale (subsistence farming) for consumption purposes, it is evident that a milestone of development has hit the agricultural sector as these practices are now carried out on a much larger & commercial scale.

In 1990, it was speculated that roughly 82 million hectares out of Nigeria’s 91 million hectares of land are arable, sadly, only a measly 42% of this area was farmed, this was due to the petroleum boom in the 1970s which brought about an adverse effect on the production levels of food and cash crops.

The government, who turned all their attention to the oil sector as a means of boosting the country’s GDP, started paying less for agricultural products. This made the agricultural sector seem unattractive and enhanced the search for white collar jobs.

Unfortunately, the world is now moving past oil. Innovations and technology is beginning to drive advanced economies.

Knowledge-based economy is the new trend and there has been increased research and development activities into sustainable energy. Therefore, there is a steady decrease in the demand and exportation of Nigeria’s oil, hence forcing the Nation to look into other areas for economic growth.

According to the former minister of Finance, Ms. Okonjo-Iwela, “no fewer than 1.8 million graduates move into the labour market yearly” and from this number, the available resources can only cater for about 40% of these graduates. The rest are left to roam the streets, moving from one menial job to the other, or worse, finding themselves entwined in illegal practices.

In recent times, the Nigerian Government has tried to stimulate the interest of its youth towards the agricultural sector in order to curb unemployment by adding incentives such as loans, provision of infrastructure, machinery, etc., but these actions have not been well received as most Nigerian youths still dream of white collar jobs and find the Agricultural sector to be dirty and unglamorous.

This notion is conceived from the fact that our forefathers carried out agricultural practices on a small scale (subsistence farming) basis, mainly for feeding purposes rather than commercial, so when agriculture is preached to most youths today, it is not surprising that they envision themselves in a farm, in old clothes, probably bent over with a hoe and they immediately hate the picture and in turn, hastily discard the idea.

This fear is not well-founded because Agriculture in today’s world is heavily mechanized and largely driven by modern technology. There are extreme technological innovations in this sector which Nigeria is yet to explore.

Technology and digitalized solutions are increasingly making the industry attractive. More importantly, government support in terms of the right infrastructure and policy to drive the industry will be a huge step forward.

Until we can tap into today’s knowledge, maximise the technologies available and create tech solutions to solve our peculiar agricultural challenges in Nigeria, the sector will continue to take the back seat.

We see Agri-tech start-ups springing up on the African continent and in Nigeria. Young techies are beginning to embrace the food and agricultural sector by providing app solutions and this in turn has brought a revealing effect on them about the opportunities embedded in the agriculture value chain

Visit www.suntwist.com.ng for more enquiry
This is a very good write-up. Let me state it unequivocally that the best agro-investment that yields the best dividend is exportation of agro-products. This assertion has been proven by the Nigerian Export Promotion Council. Click on the first link on my signature to know how to go about it.
Re: Agro Investment by Suntwist(op): 11:23am On Apr 24, 2019
Hopevalley,
Have you tried Cashew Cultivation,
The only agro-investment you can assured of your invested capital has your ROI in just 1year with a constant appreciation in value. Don't ague it just join the league sir

www.suntwist.com.ng
Re: Agro Investment by dollyj1996(m): 8:18pm On Apr 24, 2019
Suntwist:
Hopevalley,
Have you tried Cashew Cultivation,
The only agro-investment you can assured of your invested capital has your ROI in just 1year with a constant appreciation in value. Don't ague it just join the league sir

www.suntwist.com.ng
can one make business by gathering and buying cashew nut and then selling in large volume
Re: Agro Investment by dorispray: 12:24am On Apr 25, 2019
dollyj1996:
can one make business by gathering and buying cashew nut and then selling in large volume
Sure, you can. There're lot of people who've been doing that kind of business.
Re: Agro Investment by Akposy(m):
Drip Kits:
Datta Irrigation focuses its energies on simplifying cultivation process for farmers and empowering them on the road to prosperity. We understand that most farmers hold fragmented land pieces smaller than 1 acre without an independent source of water supply and electricity. Such conditions make crop cultivation a daunting and challenging task for them. Keeping this in mind Datta Irrigation launched Drip Kits that promises to revolutionize the way small farmers operate. Working around their constraints this drip kit is designed to operate on gravity pressure. It works towards maintaining favorable soil moisture conditions to the plants which results in good growth & bumper yields.

Applications of the Product:
Most beneficial for small farmers holding scattered and tiny land holdings.
Ideal for vegetable, cereal, pulses and cotton cultivation.
Dynamic use in open fields, Green house, kitchen gardens and nurseries.
A great back-up irrigation tool in rain-fed area or water scarcity region where regular rainfall is not available.

Why Datta Drip Kits:
It is eco-friendly and inexpensive as needs no electricity.
It is simple, scientific and easy to install and operate.
The Drip kit is a portable system which can be effortlessly shifted and used on more than one piece of land.

It comes with complete kit. Avaiable are:
200 SQM
1 acre (40 x 100m) (50m x 80m).
Thickness is 0.4mm and it can last up to 5 years.

Re: Agro Investment by Suntwist(op): 2:29pm On May 08, 2019
Dollyj1996
You should hit your internet now and see how cashew business is turning slot of Nigerians to milliooniars annually.
You can join the group of millionaires by taking advantage of this opportunity
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