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Monday, March 9, 2015

Africa’s future billionaires will emerge from agriculture


Nigerian Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has predicted that Africa’s future billionaires will emerge from the agriculture sector, reports NaijaAgroNet.

Adesina disclosed to NaijaAgroNet that at this time he wanted to help people become rich through farming

“My goal is to make as many millionaires, maybe even billionaires, from agriculture as possible,” he declared.

Adesina revealed to NaijaAgroNet that African Development Bank is financing $170 million, about N33,915,000,000 billion for a Nigerian project that aims to transform agriculture, stressing that the project aims to create agricultural entrepreneurs and producers by providing about 120,000 jobs along the value chain of priority commodities.

NaijaAgroNet reports that additional 20 million tonnes of key food crops including cassava, rice, and sorghum will be added to the domestic food supply each year, if all goes according to plan.

He explained that a significant part of the project is developing outreach models in agriculture with young entrepreneurs, aka youth agripreneurs, with the plan to promote agriculture among other youth in their regions through peer education, training and demonstration of agricultural best practices, and business skills in value-chain development.

Adesina urged youth to see agriculture as a business, not as a tool for development. As African governments roll out plans to unlock wealth from the soil,

Insisting on his prediction that a new, wealthy population made up largely of young people will create jobs and bring business opportunities to rural communities across the continent.

Cyriacus Nnaji/GEE
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