Tag: agribusiness

  • Agribusiness: Fed Govt begins distribution of post-harvest equipment to Nasarawa farmers

    Agribusiness: Fed Govt begins distribution of post-harvest equipment to Nasarawa farmers

    The Federal Government has flagged off the distribution of processing and post-harvest equipment to farmers and agribusiness groups supported by the Value Chain Development Programme (VCDP) in Nasarawa State, as part of efforts to strengthen agribusiness and enhance food security.

    The flag-off ceremony, held in Lafia during a two-day working visit to the state, was led by the Minister of Agriculture and Food Security, Senator Abubakar Kyari.

    He said the intervention was designed to add value to agricultural produce, reduce post-harvest losses, empower women and youth farmers, encourage competitiveness, and boost productivity.

    According to the minister, the equipment will also support enterprise growth, deepen market participation, and expand opportunities for rural employment.

    Senator Kyari explained that the programme, implemented in partnership with the International Fund for Agricultural Development (IFAD), is aimed at addressing structural constraints in the rice and cassava value chains through integrated investments in production, aggregation, processing, infrastructure, market access, and institutional strengthening, in alignment with the National Agricultural Technology and Innovation Policy (NATIP).

    He underscored the programme’s alignment with the agricultural transformation agenda of the President Bola Ahmed Tinubu-led administration, stating that “agriculture must deliver results, food for our people, jobs for our youth, income for our farmers, and stability for our nation.”

    He added, “Under Mr. President’s leadership, agriculture is being transformed into a modern, market-oriented and private-sector-driven enterprise, with Nasarawa State leading the way.”

    The minister further highlighted the Nasarawa Agro-Commodity Company (NASACCO) and the One-Stop Investment Centre (OSIC) as key initiatives strengthening the state’s investment climate.

    He commended Governor Abdullahi Sule for his commitment to large-scale cultivation, noting that the state’s efforts would help boost domestic food supply, stabilise prices, conserve foreign exchange, and create jobs.

    Pointing to visible outcomes of federal-state collaboration, Senator Kyari said functional aggregation centres, modern processing facilities, and strengthened producer organisations were already making an impact. “These interventions are creating jobs, stabilising rural incomes, and strengthening Nasarawa State’s contribution to national food security,” he said.

    In his remarks, Nasarawa State Governor, Engr. Abdullahi Sule, said the state government had aligned its agricultural programmes with the Renewed Hope Agenda of President Bola Ahmed Tinubu, aimed at economic diversification and wealth creation for Nigerian farmers.

    He noted that ongoing reforms in the sector would empower youth and women farmers, increase production, and improve internally generated revenue.

    Earlier, in her welcome address, the National Programme Coordinator of the FGN/IFAD-Value Chain Development Programme, Dr. Fatima Aliyu, said the initiative supports rice and cassava smallholder farmers through a value-chain approach to enhance productivity, promote agro-processing, and increase access to markets.

    She added that the programme would transform rural agriculture by improving food security, raising incomes, and creating new employment opportunities.

    Speaking on behalf of beneficiaries, the Chairman of the Ashangwa Rice Innovation Platform, Patience Wombo, pledged that the association would maintain and protect all facilities provided by the VCDP to ensure increased production, packaging, and distribution of agricultural products.

    In a related event, the minister commissioned several FGN/IFAD-VCDP projects in Lafia, including the Value Chain Innovation Rice Processing Centre in Ashangwa, the Gidi Gidi Garri Processing Centre, and the Agi Alo Rice Processing Centre, among others.

    Highlights of the two-day working visit included the distribution of agricultural inputs comprising 46 tricycles, 16 rice steam parboiling machines, 18 rice milling machines, 10 rice de-stoning machines, three rice colour-sorting machines, 11 digital weighing scales, two rice de-husking machines, four cassava grating machines, four cassava manual fryers, three automated framers, and three hydraulic pressers. The visit also featured a courtesy call on the Governor of Nasarawa State.

  • Export Trading Group targets 6,000 jobs with new agribusiness investments

    Export Trading Group targets 6,000 jobs with new agribusiness investments

    The Federal Government yesterday welcomed the renewed multi-million-dollar investment drive of Africa’s agribusiness giant, Export Trading Group (ETG), in Nigeria, with Vice President Kashim Shettima assuring the conglomerate of the administration’s full commitment to securing and supporting its ventures across the country.

    Receiving a delegation from ETG led by its Global Chief Operating Officer, Mr. Niren Murugan, at the State House, Abuja, the Vice President said the company’s expanded investments, expected to generate over 6,000 jobs, reflect growing global confidence in the economic reforms of President Bola Ahmed Tinubu.

    Senator Shettima described ETG’s interests in agro-logistics, fertilizer systems, seed production, industrial processing and other segments of the agricultural value chain as timely and perfectly aligned with the objectives of the Renewed Hope Agenda.

    According to a statement issued by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, “you have been in the country since 2010, but this time around you have decided to play a more active role in Nigeria’s agricultural value chain. This is where the action is.

    “We have the population and abundance of resources for your investments to thrive. All your investment decisions are wonderful”, Shettima said.

    The Vice President commended the conglomerate’s planned Centres of Agro-Excellence and praised ETG’s interventions in seed development, oil processing, fertilizer blending and agricultural extension services.

    He urged the company to maximise the opportunities available across states to boost food production and expand its role in the nation’s agricultural transformation.

    Read Also: Nigeria tightens wine market standards to combat fake products

    Earlier, ETG Global COO Murugan said the group’s mission was to reinforce its investment footprint in Nigeria, secure strategic alignment with government, and strengthen collaboration with federal and state actors.

    He disclosed that ETG’s expanded oil processing facility in Sagamu, Ogun State, will begin operations in the second quarter of 2026.

    Murugan also announced proposed investments in fertilizer blending, seed production and integrated agro-logistics, alongside a major collaboration to establish Centres of Agro-Excellence in Kaduna, Ebonyi, Cross River, Ekiti, Jigawa, Nasarawa and Borno States.

    The centres are expected to serve as regional hubs for inputs distribution, mechanisation, storage, and primary processing.

    Cross River State Governor, Senator Bassey Otu, who participated in the meeting, pledged the state’s readiness to partner with ETG to unlock its vast agricultural potential.

    He said sweeping reforms by his administration were already boosting productivity and positioning Cross River as a sub-national economic hub.

    “We can match your vision end-to-end. We have the land, the mineral resources and the enabling environment to make it happen,” Governor Otu assured the delegation.

    He also highlighted opportunities in port development, particularly the Bakassi Deep Seaport and the Calabar Port revival plan.

    Also in attendance were ETG’s Business Manager in Nigeria, Mr. Ogu Goodluck; Senior Business Development Manager, Mr. Bharat Shinde; and the conglomerate’s Chief Financial Officer, Amin Ahmad.

  • Expo showcases innovation, agribusiness

    Expo showcases innovation, agribusiness

    The 7th Nigeria International Agriculture Expo (NIAEXPO 2025) has showcased the country’s vast agricultural potential, cutting-edge innovations, and growing opportunities for global trade and partnerships.

    Project Coordinator of the Nigeria International Agriculture Expo (NIAEXPO 2025), Amb. Abiodun Olaniyi noted that the aim is to showcase Nigeria’s vast potential to the world.

    “It has been a long journey, and this being the seventh edition, we can only get better,” he said.

    “This year, we have representatives from Indonesia, China, India, the United States, Canada, and across Nigeria, from Borno, Lagos, Rivers and several other states.”

    Ambassador Olaniyi noted that the Expo is not only about exhibitions but also about projecting Nigeria as a hub of opportunities.

     He pointed out that SMEs and MSMEs were well represented, showcasing innovations across multiple sectors, including agriculture, agro-logistics, and the automobile industry.

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    On display were locally assembled electric vehicles, tricycles, and tractors, which he said could transform agro-logistics and strengthen value chains.

    “We are looking at Vision 2030, focusing on sustainability, organics, and deeper knowledge sharing,” he added.

    He emphasised that the Expo has also embraced inclusivity, with provisions for people with disabilities, reinforcing its theme of national participation and shared growth.

    Despite the achievements, challenges remain. Ambassador Olaniyi acknowledged that every edition comes with obstacles but described them as opportunities for solutions.

    “I don’t believe in problems. I see them as challenges, and challenges always come with solutions. Each challenge helps us improve for the next edition,” he said.

    Also speaking, Prince Tony Ifeakandu, Managing Director of Autodex Nigeria Ltd showcased the company’s role in local tractor and electric vehicle assembly.

    He explained that Autodex is Nigeria’s first Completely Knocked Down (CKD) tractor assembly plant and is currently displaying electric tricycles at the Expo.

    He said Autodex would also host its own exhibition, Food, Agro Technology Expo and Conference (FAMFATEC) in November at the Abuja.

    The event, he said, will bring together stakeholders such as the African Export-Import Bank (AfriExim) and the U.S Exim bank to discuss agricultural exports, logistics, and sustainable practices.

    “One of the biggest problems we have in agriculture right now is logistics. If we can reduce the cost of transporting farm produce to the market, we will reduce the cost of food. That is why we are driving alternatives through locally assembled tractors, electric vehicles, and tricycles,” he said.

  • We’ve spent N50bn on agribusiness in three years, says Oyebanji

    We’ve spent N50bn on agribusiness in three years, says Oyebanji

    Ekiti State Governor, Biodun Oyebanji, said his administration had expended over N50 billion in agribusiness in the last three years.

    Oyebanji said his vision is to turn Ekiti state into the food basket of the nation through a well-structured food supply system and mechanism that will ensure food security as well as improve access to cheap food commodities.

    The governor stated this during the official commissioning of ‘Ounje Ekiti Retail Outlet’ and “Ilu Eye Aggregation Hub” in Ado-Ekiti, the State capital.

    The Ilu Eye Aggregation Hub, a registered company, buys food commodities from farmers in the state and stores them, while the “Ounje Ekiti Retail Outlet” is to sell the food items to citizens at affordable prices.

    He reiterated the determination of his administration to ensure unbridled chains of distribution of major food items to the citizens of the state all year round.

    He added that the major concern of his administration is to fulfil the mandate of President Bola Ahmed Tinubu on the urgent need to grow the state out of hunger and poverty by ensuring that all food items consumed in Ekiti are produced within the state.

    The Governor said that the initiative is a strategic step towards addressing persistent challenges in the agriculture sector, reducing adverse losses in effective food storage and inefficient market leakages.

    He added that the effort is part of the recommendation of the Ekiti State Food Security Committee, which was constituted to improve food supplies in the State.

    Speaking further, Governor Oyebanji said the hub had already taken delivery of 750 metric tons of white beans, 239.167 metric tons of rice paddy, 101.54 metric tons of maize and 1,716 bags of garri, all produced within Ekiti State and to be sold below market prices.

    “The initiative is aimed at strengthening the food supply system, ensuring food security, and improving access to affordable food for residents of Ekiti State. The establishment of Ilu Eye Agro-Trading and Aggregation Company Limited is a strategic step towards addressing persistent challenges in the agricultural sector, particularly post-harvest losses, inadequate food storage and inefficient market linkages.

    “This initiative is a direct outcome of the recommendation of the Ekiti State Food Security Committee, which was constituted under the leadership of Honourable Commissioner for Agriculture and Food Security. I wish to express my sincere appreciation to the Chairman and all members of the Food Security Committee for their diligence and professionalism in translating our vision into actionable outcomes. I’m also pleased to report that as of today, August 6, 2025, the Ilu Eye Aggregation Hubs have successfully aggregated the following food commodities from local producers and cooperatives within the state. They bought 715 metric tons of white beans, 239.167 metric tons of rice paddy, 101.54 metric tons of maize and 1,716 bags of garri, all produced within Ekiti.

    “This level of aggregation is a testament to the productive capacity of our farmers when supported with the right policies, infrastructure, and market assurance. It also marks a significant milestone in our efforts to reduce post-harvest losses and reposition agriculture as a viable economic pillar for the state,” he stated.

    Governor Oyebanji, however, noted that the retail outlet will service only households for their basic food intake at affordable prices.

    He emphasised that the intervention is structured to ensure equitable access as well as ensure strict control on the quantity of purchase per individual, zero tolerance for hoarding or diversion, and prevention of unbilled profit sharing as well as re-emergence of middlemen within the supply chain.

    Earlier, the Commissioner for Agriculture and Food Security, Mr Ebenezer Boluwade, had commended Governor Oyebanji for his efforts aimed at igniting development in the State, especially in the agriculture sector.

    He added that the two projects being commissioned signified the state’s journey to an affordable food system in the state, as the initiative will encourage farmers who now have ready markets for all their commodities.

    Boluwade, who is also the Chairman of the State’s Food Security Committee, affirmed that the initiative is not a palliative programme, but a programme structured to help prevent ridiculous price tags on food items that are produced during drought and peak season, as well as reduce or prevent activities of middlemen who usually extort farmers.

    Read Also: Oyebanji declares second term bid, lists achievements

    He disclosed that the State Government has also launched a commodity price dashboard to aggregate prices for major markets.

    Also, the Commissioner for Finance and Economic Development, Mr Akintunde Oyebode, commended Governor Oyebanji for placing a high premium on agriculture development, which speaks to the Governor’s commitment to shared prosperity.

    He said he is confident that the initiative will put food on the tables of residents all year round and ensure that no Ekiti person goes hungry.

  • Agribusiness in Nigeria can drive innovation, job creation, says David Galadima

    Agribusiness in Nigeria can drive innovation, job creation, says David Galadima

    David Galadima, the founder and CEO of Graemoh Foods Ltd, is a visionary leader who has made significant strides in Nigeria’s agribusiness sector. His company, Graemoh Foods, has evolved from a small local venture into an internationally recognized player in the food production industry. 

    Through his innovative leadership, Galadima has not only expanded his company’s reach but has also become a champion for job creation, technological advancement, and sustainable practices within the agricultural sector.

    In Nigeria, agribusiness has traditionally been dominated by smallholder farmers who operate at subsistence levels. However, Galadima believes that innovation holds the key to transforming this sector into a global powerhouse.

    “Nigeria has immense potential to lead in agribusiness,” says Galadima. “We have the resources, the land, and the people. The challenge lies in transitioning from small-scale operations to large, efficient agribusinesses that can compete globally.”

    Innovation: The Catalyst for Growth in Agribusiness

    One of the cornerstones of Graemoh Foods’ success is its emphasis on innovation. Under Galadima’s leadership, the company has introduced several cutting-edge technologies that have revolutionized food production in Nigeria. The development of the Recirculatory Aquaculture System (RAS) for sustainable fish farming and the creation of a Two-stage stainless steel honey filtration and dispensing unit are just two examples of how Graemoh Foods has set new standards in the industry.

    “Innovation is not just about creating new products; it’s about improving processes and finding smarter ways to work,” David explains. “We’ve implemented technologies that reduce waste, conserve water, and increase efficiency, which has allowed us to scale our operations and reduce costs. This focus on innovation has helped us compete on the global stage and drive growth within the Nigerian agribusiness sector.”

    David’s commitment to innovation has also extended to his collaboration with over 500 smallholder farmers. Through these partnerships, Graemoh Foods has provided farmers with access to modern technologies, training, and better market opportunities. 

    By empowering smallholder farmers, Graemoh Foods has not only increased its own production capacity but has also helped improve the livelihoods of farmers, creating a more resilient and sustainable agricultural ecosystem.

    Job Creation: Building a Sustainable Workforce

    David’s vision extends beyond the success of Graemoh Foods Ltd. He recognizes the role agribusiness can play in solving Nigeria’s unemployment challenges. In a country where youth and women make up a significant portion of the unemployed population, agribusiness offers a powerful solution. 

    “Agribusiness has the potential to create millions of jobs across various sectors,” he says. “From farming to processing, logistics, and retail, the opportunities are endless. By focusing on innovation and scaling operations, we can create sustainable employment opportunities that uplift entire communities.”

    Graemoh Foods has already created several jobs and the impact of its operations extends far beyond its own workforce. The company’s inclusive hiring practices prioritize women, youth, and marginalized groups, helping to bridge the economic gap in rural communities. 

    “We’ve made it a point to create jobs in communities that need them the most,” Galadima shares. “It’s not just about providing employment; it’s about giving people the tools and resources they need to succeed.”

    The company’s commitment to smallholder farmers further enhances its social impact. By offering farmers access to modern technologies and training, Graemoh Foods is helping to build a more resilient agricultural ecosystem that supports local economies. 

    “When we help farmers grow their businesses, they are not only more productive but also more financially stable,” says Galadima. “This creates a ripple effect in the community, where everyone benefits.”

    The Role of Government in Agribusiness Growth

    While innovation and job creation are key drivers of success in the agribusiness sector, David also believes that government support is crucial. He advocates for policies that improve infrastructure, provide access to financing, and incentivize innovation.

    “The government can play a major role in supporting agribusiness by improving infrastructure like roads, electricity, and storage facilities,” David says. “These basic resources are essential for the success of agribusinesses, and without them, it’s difficult to scale up.”

    Galadima also calls for stronger support for small and medium-sized enterprises (SMEs) in the agribusiness sector, particularly in terms of access to funding. 

    “Many small agribusinesses struggle to secure financing, and this is where the government can step in to help,” he explains. “Whether through grants, loans, or partnerships with private investors, access to capital is essential for growth and innovation in the sector.”

    Towards Food Security: The Future of Nigeria’s Agribusiness

    As Nigeria’s population continues to grow, ensuring food security is becoming an increasingly urgent issue. Galadima believes that agribusinesses will be central to addressing this challenge. “The future of food security in Nigeria depends on increasing productivity, processing and storage while minimizing waste,” he says. “By adopting sustainable practices and leveraging technology, we can produce more food while preserving natural resources.”

    Graemoh Foods has already implemented several measures to improve its sustainability, including water-saving systems and waste reduction techniques. “Our goal is not just to produce more food but to do it in a way that doesn’t harm the environment,” Galadima adds. “We want to set an example for other businesses to follow.”

    Galadima also emphasizes the importance of local food processing in achieving food security. “Nigeria has the potential to be a major exporter of agricultural products, but we need to invest in food processing and value-added production,” he explains. “This will create more jobs, increase local production capacity, and reduce our dependence on food imports.”

    Looking to the Future

    As Graemoh Foods continues to scale its operations and introduce new innovations, David Galadima remains committed to driving positive change in Nigeria’s agribusiness sector. His work demonstrates the power of innovation, strategic partnerships, and sustainable practices in transforming an entire industry.

    “We’re just at the beginning,” Galadima concludes. “There’s so much potential in agribusiness, and I’m excited about what the future holds. With the right focus on innovation, job creation, and sustainability, Nigeria’s agribusiness sector can become a global leader.”

    Through his leadership, David is not only driving the growth of Graemoh Foods Ltd but also playing a pivotal role in shaping the future of Nigeria’s agribusiness industry, with a vision that extends far beyond profitability to address critical issues such as food security, job creation, and sustainable development.

  • Initiative to empower 2,000 women in agribusiness

    Initiative to empower 2,000 women in agribusiness

    Adanianlabs Nigeria has unveiled the second phase of its “You’ve Got Business for Agri SMEs” initiative where it plans to empower over 2,000 women in the agricultural value chain.

    Founder of Adanianlabs Nigeria, John Kamara said the second phase which is scheduled to commence next year, is focused on empowering women farmers and increasing youth involvement in the agricultural value chain.

    According to him, the initiative aims to bolster small and medium-sized enterprises (SMEs) in agriculture, equipping them with the tools and skills needed to thrive.

    He said: “Among its objectives, the initiative plans to: Support over 2,000 women and youth-led agri-SMEs through access to financial resources, cutting-edge tools, and market insights.

    Read Also: UNDP, others empower women

    “Promote the adoption of data-driven practices to boost productivity and efficiency.

    ‘Increase youth involvement in agriculture by offering targeted training and opportunities.

    “Empower women to become significant contributors to food security while promoting gender equity in agricultural entrepreneurship.

    “Create a vibrant ecosystem for agricultural SMEs through collaboration and innovation.

    “With preparations underway for the 2025 launch, Adanianlabs and its partners are optimistic about the initiative’s potential to revolutionise Nigeria’s agriculture sector. By addressing systemic challenges and embracing technology, the program is set to unlock new opportunities for growth and sustainability.”

  • Lawyers seek conversation with govt on agribusiness

    Lawyers seek conversation with govt on agribusiness

    Lawyers are migrating from courtrooms to other areas considered attractive and beneficial.  In March, lawyers under the aegis of the Nigerian Bar Association Section on Business Law (NBA-SBL) were in Enugu explore business opportunities in the Electricity Bill. Now, it is all about making agribusiness beneficial, ADEBISI ONANUGA reports

    The Secretary, Agriculture Law Committee, Nigerian Bar Association Section on Business Law (NBA-SBL), Dr Adewale Kupoluyi, has said the importance of agriculture in economic development cannot be overstated.

    Despite the strategic place that agriculture occupies, Kupoluyi noted that many financial institutions denied necessary support to the sector as a result of some gaps that needed to be closed, if the sector is to remain relevant in the scheme of things.

    He said that was the position of panelists during the just-concluded NBA-SBL weekly webinar series, Season 3, Episode 2.

    The theme was: “Identifying Challenges in Agricultural Financing: Bridging the Gaps between Financial Institutions and Agribusinesses”.

    The webinar was put together by the NBA-SBL Agriculture Law Committee.

    The discourse was moderated by Kupoluyi, the committee’s Secretary and Editor-in-Chief of FarmingFarmersFarms and hosted by the section’s Chair, Aderonke Alex-Adedipe, who was represented by the Vice Chair, Joshua Daranijo.

    He said the webinar series are designed to educate the Nigerian business and legal communities on matters affecting the local business environment, and how to navigate the terrain with ease.

    Conversation with government  on agric financing

    According to the Head, Credit and Marketing Department of NIRSAL Microfinance Bank, Anulika Ijomah, what should be done to change this narrative of not funding agribusinesses properly is to make governments at all levels to give banks soft landing such that loans can be quickly and easily disbursed to farmers and the issue of collateral is resolved.

    She said that ministries of agriculture should handle extension services and properly train farmers for them to understand agriculture as a business and not seen as mere farming exercise. Ijomah informed that the Nigerian Agricultural Insurance Corporation (NAIC) was set up specifically to provide agricultural risks insurance cover for Nigerian farmers, adding that the government must subsidise farm mechanisation and adequately monitor farmers from the first day of farming up to the moment of harvesting.

    The NIRSAL official called for wider conversations between the government and all parties involved in agricultural financing, noting that the required resources had to be provided, and suppliers certified while the issue of insecurity is urgently tackled. She revealed that her bank was ready to assist prospective clients in processing their loans and also do follow-ups after disbursements.

     “There is need for wider conversation with government and all parties involved in the agribusiness should be duly informed and there should be proper monitoring of farmers from the first day of production to the point of harvest with subsidised mechanised farming. Our product can align with every phase of agricultural value-chain, but depending on the farmer’s behaviour and they should present their proposals well for them to finance. Lack of knowledge, cost implication and monetary evaluation are some of the issues farmers are facing”.

    Understanding agric ventures

    Ijomah, however, urged fresh starters in agribusiness to understand how the venture works, saying they must devote their valuable time for the business because of its delicate nature. They should equally have their markets and be sure of what they want to do. Reeling out some of the problems of funding agricultural businesses, the panelist pointed out major ones to include insurance coverage, inability of farmers to manage disease, land leasing, inferior quality of farm inputs, global warming and inadequate collateral, among others.

    Make access to loans easy

    On his part, the Field Officer, ETG Beyondbeans, Dr. Olorunfemi Malomo  made a case for synergy between NIRSAL and the National Orientation Agency (NOA), adding that the agripreneur should be well-informed on available opportunities. He posited that communication was key, adding that farming products should be made affordable and accessible to agripreneurs at the grassroots, saying that the products provided by microfinance banks should be insured.

    Rid agricbusiness of organisation bottlenecks

    “We should get rid of organisation bottlenecks as they affect agricultural production. There is a gap between financial institutions and agribusinesses and that many farmers are yet to identify where to get loans or grants. Farmers should be keeping records to make it easy for them to access loans from financial institutions, they should do feasibility studies, engage experts, and know the available resources”, he added.

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    Dr. Malomo revealed that Nigerians love too much of imported goods, saying they should rather change this disposition and patronise locally-made goods in order to help the economy, noting that undue organisational bottlenecks should be looked into such that loans can be quickly disbursed to farmers with stern warning to prospective agripreneurs to have funds that would cater for the whole agricultural cycle, saying if funds were not available, they should not bother to start the business at all.

    The parley identified challenges in agricultural financing in a bid to bridging the gaps between financial institutions and agribusinesses. Getting this done and turning things around would happen when governments at all levels give banks soft landing to make credits to be disbursed to farmers with little or no collateral, when ministries of agriculture handle extension services and properly train farmers to understand agriculture as a business, subsidising farm mechanisation, better monitoring of farmers, making starters in agribusiness to understand how the business works, enhanced communication with farmers as well as patronising agricultural insurance, to mention a few.

    The Nigerian Bar Association comprises three professional practice sections, viz: Section on Legal Practice (NBA-SPL), Section on Business Law (NBA-SBL), and Section on Public Interest and Development Law (SPIDEL). The practice sections are designed to equip NBA members with necessary skills for the advancement and exploits in the legal profession.

    NBA sections

    The NBA-SBL was established 20 years ago and has at its apex, a council that is currently chaired by a seasoned lawyer and Managing Partner, Odujinrin & Adeoye, Dr. Adeoye Adefulu with other members in sector-focused committees, such as the Agriculture Law Committee that were established to cover existing and new areas of law with a view to enhancing commercial law practice in Nigeria.

  • Costs of farmland threaten agribusiness

    Costs of farmland threaten agribusiness

    The cost of farmland is rising, limiting the potential of the country’s agribusiness and food security.

    The cost of farmland has risen by almost 400 per cent in major production belts, forcing many farmers out of the market.

    The average price of an acre of undeveloped farmland has risen to between N5 and N20 million in some areas of Lagos, Ogun and Ondo states as well as Abuja.

    This comes as the sector struggles with increasing bandit attacks on farms in the Northern and South, leading many to question how food supplies can be maintained. In some areas in Ogun and Oyo states, farmers are looking for cheaper land, but the prices are becoming unaffordable, as developers are turning farmland into residential areas. The value of farmland in such places now exceeds N2.5 million. 

    Yearly, the average value of farmland has increased by five per cent, while the total acreage area for sale is in the range of 50 acres and above. In Ogun State, farmland values have surged, causing small farmers to go up against deep-pocketed investors, including private equity firms and real estate developers.

    The Nation learnt that a lot of food processing companies planning backward integration were buying huge land to expand their businesses, making it difficult for small farmers to acquire little farms. In Titun, Pakudi Extension, Obada in Ogun State, an acre of farmland goes for N650,000.

    At Ilogun Orile Village at Olorunda Abeokuta Ogun State, an acre goes for N200, 000.

    On Osogbo-Iwo Road, Osogbo, Osun, an acre of farmland goes for N550, 000.

    For analysts, as the value of farmland soars, hitting record highs this year, small or beginner farmers are being priced.

    Following the situation in the sector, the sale of poultry farms in Lagos and Ogun states has increased. A poultry farm has been offered for sale at N5billion in Ijebu Ode.

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    In Abeokuta South, a spacious poultry farm, less than three years old, has been put up for sale at N70 million. Thirty-five acres of poultry farm has been offered for sale at N150 million. At Ado-Odo/Ota, a functioning poultry farm on six acres was placed for sale at N62 million, while a poultry farm on six plots of fenced land at Ikenne was put on the market for N45 million. In an interview with The Nation, co-founder, Corporate Farmers, Akin Alabi, noted that many factors were driving up the cost of farm land.

    According to her, the booming housing market, among other factors, has bolstered the value of farmlands.

    Though the increasing costs are making it harder for new farmers to start, he added that rural development has been brought into many communities as a result of housing development.

    His words: “We have a whole lot of land that has been taken by housing and so other industrial development. Sometimes farmers or farm landowners within those places are either disposed of and farmlands are converted into industrial zones or offices.”

    The good part is that it brings development but the other side is that it makes farm land more expensive. If you look at farming it is more dominant in the North compared to the South – either West, Southsouth or Southeast.

  • From architecture to agribusiness, Oluwaseun’s daring exploits

    From architecture to agribusiness, Oluwaseun’s daring exploits

    Oluwaseun Obadan is the founder/chief executive, Arso Farms, an agro-allied company focused on improving health and wellness through the nutritional potency of indigenous greens or veggie products. The architect-turned agri-preneur launched a successful agribusiness after drawing inspiration from her personal health challenge which gave an insight into the incredible healing power of African greens. She shares her intriguing entrepreneurial story and her future plans with DANIEL ESSIET.

    It was a career switch inspired by her personal health challenge. And it all started when Oluwaseun Obadan, a 2018 Master of Science (MSc) degree in architecture holder, from Caleb University, Lagos, grappled with a severe illness which, according to her, was diagnosed as anaemia. It was during the period of the health challenge, when the medical community was trying to decipher the cause of her pain that her mother decided to take matters into her own hands.

     Pronto, Oluwaseun’s caring mother started juicing greens for her and, remarkably, the intervention facilitated her recovery. “I began to recover. It was through this experience that I discovered the incredible healing power of greens, and I became determined to celebrate and create awareness about the potency of our African greens. We set out to make them more accessible and convenient to everyone, using technology for sales, payment, and logistics,” she narrated.

    That was how Oluwaseun’s transition from architecture to agribusiness came to be. And Arso Farms, an agro-allied company, which she founded and runs as Chief Executive, has been the vehicle she has been using to propagate her gospel of improving the health and wellness of individuals by leveraging the nutritional potency of indigenous greens or veggie products.

    Oluwaseun, who earned a First Class in Architecture in Sept 2016, has, within a remarkably short time, blossomed into a successful agri-preneur, having grown Arso Farms, a small outfit, into a hub of agri-tech innovation.

    “With Arso Farms, it’s a direct farm-to-doorstep experience,” Oluwaseun told The Nation, re-emphasizing that “We set out to make indigenous greens more accessible and convenient to everyone, using technology for sales, payment, and logistics. As she reiterated, “Arso Farms was born out of a personal pain point. The desire to celebrate and create awareness and make a positive impact on the health and well-being of individuals and communities propelled me into the agriculture sector.”

     However, Oluwaseun’s transition from architecture to agribusiness was not a walk in the park. It came with initial challenges, notably knowledge gaps, for instance. But the budding agri-preneur refused to be discouraged. “To overcome this, I actively collaborated with colleagues in agriculture, engaged in continuous learning through programs like the Academy for Women Entrepreneurs by the US Consulate, sought mentorship, and learned from mistakes along the way,” she told The Nation.

     Access to finance was also a significant obstacle. Despite initiating the business with personal savings, expanding an agribusiness requires substantial funding. Again, Oluwaseun was determined to scale the hurdle. This she did by applying for grants and participating in incubators, such as the Orange Corners programme by the Consulate of The Netherlands.

    “These experiences have been instrumental in shaping and sustaining the growth of my venture,” she admitted.

     Evidences of Arso Farms’ impressive growth trajectory abound. For instance, Oluwaseun said the company, which initially began with a team of one, currently has five dedicated and highly motivated workers. Arso Farms has also transformed from a traditional production company into a dynamic digital agri-tech business operating across production, processing, logistics, and distribution within the vegetable value chain.

    Oluwaseun has also successfully diversified the company’s customer base from local farmer’s markets to include premium retail stores, pop-up farmer’s markets, and an online audience, enhancing product accessibility and reducing dependency on intermediaries.

     Arso Farms’ valuation has also increased from N1 million to an N50 million, this year, even as Oluwaseun has secured a place in the Orange Corners accelerator programme, gaining access to grants and partial loans totalling over 45,000 euros. And for these wins, she said an entrepreneur needed to have passion, experience, determination, network and action to be successful.

    Apparently drawing strength from what she has achieved so far, Oluwaseun proudly said agriculture is the way to go, noting that farming has put food on her table. Her words: “Beyond personal sustenance, our farming initiatives have significantly increased the income of our female partner farmers, empowering them to support their children through university. I am proud of the milestones we’ve achieved.”

    The Architect-tuned agri-preneur, however, said the spirit of an entrepreneur always seeks growth and improvement. “So, there’s always more to aspire to. Among our notable accomplishments, creating sustainable income opportunities for local female farmers and delivering fresh, nutritious produce to our community ranks high,” she said, pointing out that the journey of entrepreneurship has taught her the importance of resilience, adaptability, and the power of collaboration.

    “My key success factors include a commitment to quality, sustainable practices, fostering community relationships, and embracing innovation in every aspect of our business, Oluwaseun said, adding that she loves to spend most of her free time in promoting social entrepreneurship, women empowerment and volunteerism work; she had spoken about venture capital, diversity and youth empowerment in various conferences around the country.

    Read Also: Fed Govt to empower 2,000 women in Agribusiness

     Oluwaseun, who personifies the saying that “every challenge is an opportunity in disguise,” stated that “Combining my architectural expertise with my passion for agriculture, I address the interconnected challenges of youth unemployment, gender equity, food security, and health and wellness. Arso Farms creates sustainable employment opportunities that empower women in agriculture and ensure access to nutritious food.”

    According to her, the company prioritized partnerships with female farmers, providing them with training, resources, and support to enhance their skills and productivity. Her words: “By fostering an inclusive and empowering environment for women in agriculture, we aim to address gender disparities and serve as a catalyst for their success.

    “I actively engage in initiatives and programs that promote women’s entrepreneurship and leadership, including the Academy for Women Entrepreneurs by the Bureau of Educational and Cultural Affairs and the Mckinsey Forward programme for African female leaders in business.” 

    Oluwaseun said through sharing her entrepreneurial journey, she aspires to inspire and empower other women to pursue their passions and excel in agriculture. “At Arso Farms, we actively address youth unemployment by providing meaningful employment opportunities in the agricultural sector.

    “We believe in empowering the youth through comprehensive training and involvement in various farm operations, from cultivation to packaging and delivery,” she declared, noting that by equipping them with skills and fostering their entrepreneurial spirit, the company contributes to their economic growth and development, creating a generation of skilled farmers and reducing youth unemployment.

    Oluwaseun recalled that the COVID 19 pandemic period, which left families with sad tales, was a positive one for her and her company.

    “The onset of COVID-19 presented a unique opportunity for us to create an impact during those trying times, we extended our services to over 100 families, providing them with fresh, nutritious greens right at their doorstep. Our mission is not just to sell vegetables; it’s about promoting health and convenience for our customers,” she said

    The budding agri-preneur emphasized that agriculture is Nigeria’s new oil.

    Her words: “As Nigerian youth, we must recognize that agriculture is the new oil, with innovation as the vehicle to success. My colleagues at Orange Corners are working on various aspects of the agricultural value chain, from commodity trading, to coconut byproducts, fortified beans, and nutritious cereals that improve child nutrition.

    “They are also making strides in agricultural services, particularly in food safety consulting. The Nigerian market is ripe and ready, offering countless opportunities.”

    Encouraged by what she considers a promising future for agriculture and various operators across its value chain, Oluwaseun is looking into Arso farms’ future with so much optimism. “Our goal at Arso farms is to corner a significant market share for our ready-to-use veggie packs in one year, earn a minimum revenue of N2 million monthly specifically on our ready-to-use veggie brand,” she declared.

    According to her, this is targeted at the company’s vision of a health and wellness agro Fast Moving Consumer Goods (FMCG) that improves the health and wellbeing of individuals especially Africans. She said achieving this one-year goal will give the company a competitive advantage and a solid foundation for other products, such as its Green Life Mix Veggie powders.

    “This will position us as the leading agro wellness brand that improves the health and well-being of individuals in Lagos State. We can then leverage this position to expand to other economically viable states, such as Abuja and Port Harcourt.

    “Our future plans involve further expanding our product line, reaching more African countries with our export products, and continuing our commitment to empowering female farmers. We want to have our products, especially those made from local Nigerian produce, in homes all over the world. Sustainability and positive social impact remain at the forefront,” Oluwaseun told The Nation.

    Young, hardworking and beautiful, Oluwaseun, who boasts experience in marketing, business development, product development, business operations, and strategy, however, shared a few success nuggets for aspiring entrepreneurs who wish to develop and grow successful businesses. She said: “Collaborations and partnerships are key to moving forward swiftly. The agricultural value chain is vast, with myriad opportunities waiting to be explored. Take that first step, and take it boldly.

     “Nothing is entirely new under the sun, but everything can be improved upon, and that’s where innovation comes in. My company, Arso Farms, was recently inducted into the Orange Corners network, a hub for young Nigerian innovators for our focus on solving the pervasive issue of post-harvest loss through processing vegetables.

    “This was an exciting milestone for us after years of bootstrapping. But what’s even more thrilling is witnessing how young Nigerians with similar ambitions are channeling innovation to improve existing solutions.”

  • Fed Govt to empower 2,000 women in Agribusiness

    Fed Govt to empower 2,000 women in Agribusiness

    The Federal Government will empower 2,000 women from Jigawa, Adamawa, Kaduna, Kano, Anambra, Niger states, and the Federal Capital Territory (FCT), in Agribusiness.

    The Ministry of Women Affairs said the programme is designed to support women cooperatives engage in profitable and sustainable rice production, in collaboration with Green Agriculture West Africa Limited, a subsidiary of China Geo-engineering Corporation (CGC).

    This pilot phase is expected to empower the women through the establishment and facilitation of cooperatives, which would serve as mentoring platforms for aspiring women rice farmers, with apprentices constituting 50 per cent of the cooperative membership.

    A statement by the Special Assistant to the Minister of Women Affairs, Ohaeri Joseph, said the programme kicked off with a two-day ‘Train the Trainers’ programme, held in collaboration with the CGC Nigeria Limited, at the Nigerian Agricultural Demonstration Centre in Ushafa, Abuja. The Minister, Uju Kennedy-Ohanenye, thanked President Bola Tinubu for his unwavering interest and support for women economic empowerment.

    She also thanked the CGC for its support and dedication to the cause, emphasising the pivotal role such collaborations play in advancing women’s development. The minister also called for increased cooperation and support from both public and private stakeholders to further amplify the programme’s impact.

    Read Also: FG to empower 2000 women in Agribusiness

    The statement reads: “As a gesture of support, the Managing Director, Mr. Wang Xiemin, has pledged to donate high-yield rice seedlings to the cooperatives once their lands are prepared. He also said the company will step up the collaboration on more agricultural trainings and other partnerships across various agricultural chains which will extend to peanuts, corn, cassava, vegetables and other agricultural products.

    “A highlight of the closing ceremony was the presentation of certificates to the trainees, who will play a pivotal role in disseminating knowledge and expertise within their cooperatives. 

    “The Federal Ministry of Women Affairs is optimistic that this programme will contribute to the economic empowerment of women and foster sustainable growth in agribusiness, while aligning with broader national development goals. As the programme progresses, it is expected to serve as a model for future initiatives aimed at empowering women in various sectors of the economy, driving positive change, and fostering inclusivity.”