An Agriculture entrepreneur, Mr Bolaji Akinboro, says agriculture is enough to create wealth for Nigerians but needs to be properly structured for its potential to be fully realised.
Akinboro, an Agritech Icon and Co-Chief Executive Officer, Cellulant Corporation, made this known in a statement with (NAN) in Lagos on Thursday. He lauded the viability of the Nigerian agricultural sector and called for improved value chain and agro-technology.
The Agritech expert revealed the immense potential of the Nigerian sector in a paper “From Farm to Fork: Transforming the Agribusiness in Nigeria through Technology-What does the Future Hold’’.
According to (NAN) the paper was delivered at Cellulant’s Inaugural Partners’ Summit themed ‘Technology for Transformation: Connecting Everyone to Nigeria’s $50 billion Agribusiness Opportunity & Creating Jobs for Africa’s Youths’ recently held in Lagos.
“Agriculture is an essential part of the Nigerian economy. It is concerned with the husbandry of crops and animals for food and other purposes, providing employment for about 30 per cent of the population.
“The consumption of food, the end product of most agricultural activities in the country is worth about $100 million daily and between $36 billion and $50 billion annually.
“This has opened up a stream of opportunity in under-explored areas of agricultural logistics, food processing and tailored payment systems,” Akinboro said.
He also spoke on his company’s role in improving Agric value chain by infusing the needed technology into the sector, while he called for more support from stakeholders.
