₦airaland Forum

e be like say the Guvnor dey mad

Dis Guy:
Ofcourse, Yes Yes ofcourse!!

Agriculture is a sure banker especially with the population and government backing (as long as its constitent)

I'd personally prefer some focus on agricultural product one can export, that way you are working to a standard and perhaps even partner with
foreign farms for ready market. so 70/30

Kwara state just signed an MOU with a spanish consortium for rice, same with taraba with dominica farms (kenya), dont know if these will even ever come to pass but its interested

Nice one bro

i know about the programme in Kwara

Ive been to the Shonga farm settlement in Kwara where we have the Zimbabawe farmers.

Rice is huge in the country now and the last step in the chain is having a processing mill.

if i ever get to that level, ill be on top of the world.

But bros why would you wanna focus on exporting some certain crops when our number 1 staple food is not enough for us to eat?

These oyinbos, stallion, veetee, kewalrams/olams make a kill importing rice into the country. All these things must stop oh

Valencia out for a month

Our best performer presently

Not good enough

of course

following fasoro on twitter. whats ur handle there?

@Muki

Give us PMs na. ahhh

toasting on this board is difficult mehn

slimshay:
@tkb . .  . . . .hackney ko, lol. I mean OAU Ife.

lol. my mind has travelled far oh

W-15 actually confused me and im sure Debo knows why i mentioned Hackney

so who are the guys?

@Slim

hehe, Oga tell me more that i do not know

W-15? U dey stay Hackney? looool

send me PM abeg

Happy Birthday bro.

debosky:
Valid business idea and obviously massively profitable if done right.

You need to slow down a bit in my view. Yes there are opportunities, but do you need to dive in headlong immediately?

From what I’ve read , you’ve had less than a year’s exposure to this agric industry yet you’re ready to go in full throttle from June - I think you need some more time to fully grasp and understand the business before jumping in.

You’ve admitted you don’t even have enough information on rice growing, milling or even distribution/sales. To expect that you’ll have enough knowledge to kick off in June (leaving your job I mean) is a tad optimistic - this is just from what you’ve put down. You may actually be more prepared than it sounds.

How established is this CBN initiative? Have other large scale farmers (established ones) started taking advantage?

Like you said, your other business is able to run almost by itself - I’d advise doing the additional leg work during weekends, etc to fully understand the scale of what you want to engage in first before going headlong into it.

More questions - are you planning to go solo? Are you looking for/already have partners? What expertise are you expecting them to bring in?

Good to see your passion though - I know my friend shined eye well well for market.

Ore thanks

you think 20Hectares is a lot?

1) The CBN initiative is just kicking off. Nobody has enjoyed anything yet. paperworks but it should be off pretty soon. When is soon? i do not know

2) i do a lot of travelling (leg work) weekends. I agree i need to be cautious before going fully into it but i think ive weighed the pros and cons and i might just be able to manage the attendant risks involved in starting with 20 hectares

3) i wanted to go solo but i have a friend who is really interested in doing the whole thing with me. Hes only interested because he knows ill be off work and be on the project 24/7. Nothing concrete about that yet tho


Lol @ ur last line. Your friends help in all these is immeasurable

Shola2009:
@tkb,
No doubt the opportunities are vast and your plan is a no-brainer, provided one has the funds to execute such plans.
Also, I can understand that rice is pretty much always in high demand,hence the rice framing. But why plantain farming?
I figured tuber crops (yam, etc) are in higher demand (compared to plantain) and would obviously fetch more on the market.

well

this is why im here. Nairaland is the only avenue i can attract the smartest Nigerians online

Rice is a yes yes

Let me say im just looking for what else to combine with Rice. I have a lot of literature on rice farming and ive met cool researchers from IITA and other research institutes and i know where to get the best hybrid seeds

Currently managing huge Rice seeds farm with some peeps in Kano so i know about Rice very well.

Plantain? Ill think about it and come up with something better

Thanks bro

candylips:
tkb baba. carry go jare. i wanna be like u when i grow up.

people have said that investing in farming is about the only recession prove biz . .

since population is increasing and food prices are increasing too. you will always be making a killing

only issue might be how to control pests and diseases which i hear can sometimes be very devastating , but i hope it works well for u

ive met some IITA people and they seem to be cool about how to control the breakout of pests and other diseases

I have been to a large farm in Kura, Kano state recently and i see how they move against such occurences

You only need to invest in quality herbicides pre-planting and immediately after planting

*sigh* yes, ill pray against the outbreak of any wahala that cannot be controlled by herbicides

@Tmoni

what happened now? ure not on my BB again?

i dey look for u oh. i enter ur side i no fit reach u nau

oya OYB, Ajanlekoko, netotse, Jarus and other bosses

i need your comments here



https://www.nairaland.com/nigeria/topic-873146.0.html

thanks

well

i need your comments here oh

https://www.nairaland.com/nigeria/topic-873146.0.html

i see guys are doing well

nice one

hmmm

debosky:
Let me expose some of the flaws in Dudu's fanshare warped thinking.

Assumption 1: that commercial revenues WILL improve in 2013/14 even with our worsening performances

It is overly optimistic to think this will happen, especially as sponsors are obviously heavily biased towards trophy winning clubs. Dudu misses the point by making glib references to the likes of the Brummies or Portsmouth (which have little global appeal anyways) to wave away any concerns about performances requiring trophies.

Instead he should be looking at the likes of Utd in England and Bayern in Germany to highlight how winning ensures you get the biggest deals. In addition, the likes of Chelski have been able to negotiate higher shirt/kit deals on the back of success.

However, the ability of non trophy winners like Liverpool to sign massive kit/shirt deals gives Dudu comfort. Unfortunately he fails to realise that those two deals are as a result of 1 - an engaged, vocal owner with history of leveraging commercial deals (Fenway) and 2 - Liverpool’s overwhelming popularity in Asia that was solidified in the 80’s and continues till today. Arsenal lack both those two elements and can hardly expect better deals if performances continue to slide.

EOD

My name is X (just removed my name)and I started working after my youth service days since 2006,
I have experience in strategy, corporate finance and investment banking/research. All these took me far and wide (Nigeria and countries abroad).

Worked with a management consulting firm, financial advisory firms, investment banking outfit and sometimes around 2010, I said I wanted to be an employer of labour and really do stuff for myself.
Left my place of work and I started a Betting company called Stakersden.

Ups and downs as an entrepreneur and oh yeah, the company is slowly gathering momentum. Ive dabbled into imports and also business ideas keep coming up but for now, stakersden is the only registered company on my hands

One day in 2011, aboard a plane I met one of the founding members of the biggest downstream Oil and Gas company (whom ive met many times before) and he asked what I was doing at that time. I told him and laughed at me and beckoned on me to join his company (The company is the biggest farm input manufacturing company that I know in West Africa).

I agreed since stakersden is already gathering momentum and I have others guys on board who works on the site,

This brings about this thread
I have seen and learnt a lot about Nigeria’s Agric landscape in a very short period of time. The opportunities are just enourmous (of course with the risks/challenges) and right now, im looking at going full throttle into commercial rice/plantain farming. I have attended some meetings in the country with agric stakeholders and The CBN and I know about the current governments attention on adequate rice production to curb the huge forex expended on rice importation in Nigeria.

There is a concerted effort going on by CBN to create a zero risk platform for commercial banks to help in this regard under the NIRSAL arrangement

Who is into rice farming? Who is into plantain farming?
Or what do you know about rice farming/processing?

I plan to start with a minimum of 20 hectares and grow to about 200 or more in 5 years with the vision to own a processing mill in short term.

Is this a dream that I can achieve?

Will be out of this job before June to expressly kickstart these initiatives and oh yeah, I intend to make this work.  I need comments, encouragements, and criticisms from everybody. Even if you aint a farmer, your contributions would greatly help

Oya, lets roll.

naijababe:
Dudu! Dudu!! Dudu!!! Na how many times i don call you so?! How the feck will the commercial income improve when the club is on its way to rock bottom and none of the foggies see it? I hope Arsenal wont be the reason why I'll start following the Conference league a few years from now

thats the way i see it too

Even if the revenues dwindle in the short term we'll make up for it at some point when income from commercial sources improves or until Kroenke decides he's had enough of penny pinching (whichever comes first).
By the way,  I back that policy (as you know, I now have vested interests and can't be totally impartial  ). If Arsenal's position is going to improve in the long term, its either

Dudu, i dont know anything oh

are you a shareholder?

dayokanu:
Dudu lets have the Financial statement analysis of the game last night

Detailing the Income and Expenditure as well as the Balance Sheet

The varions captions like Inventory, Account Payable, Account receivable, Accruals, Prepayment, Cash/bank all this has to be in accordance to GAAP

Oya roll

hehe

u wan show ur skills? lool

coogar:
it is not a parody account. . . .i know about fake twitter accounts.
that is eboue's twitter account.

but 2face has 20k. . . .so go figure!

lol. okay

@emp

i know Rooney, Cleverley, Rio and Nani are on twitter

just search for their names on twitter and you'll see their handles

starboard and Debosky still dey fight

coogar:
if it's not eboue then who is he?
have you seen his army of followers? almost 20,000

on our thread i already mentioned that the account is a parody account

same way someone opened an account with Wole Soyinkas name and in few days he had thousands of followers

1) The handle isnt verified and there is no footballer on planet earth that has an unverified account

2) 20k followers? when Adebayor that started just last week has close to a million?

@Dudu

u still talking about balancing the books?

u guys wont qualify for ucl next season in a bid to balance the books ehn?

that is what we call 'fin policy conflict' cos in the long term, those revenues will dwindle fast!

debosky:
Eboue's grasp of English isn't that good. . . .someone must be taking the piss!

the account isnt verified and oh yeah, that isnt the eboue that played in arsenal

coogar:
that is the real emmanuel eboue. . . .through and through.

No thats not Emmanuel Eboue

quick clarification

the handle @therealeboue on twitter is not for Emmanuel Eboue.

Its a parody account

So those tweets didnt come from E. Eboue

StarBoard:
Boy,
A panel of inquiry awaits you.You think you can just appear and disappear without notice.
Anyway,good to see you sha,

Emperoh:
The guy has been doing awol as he pleases.
Pls set up the tribunal to sanction him. . . fine should be one bottle of Moet for every Manc Poster.

Pls no vex