Farming: Young entrepreneurs invest N30m in 15 rural communities
Young people invest N30m in agriculture
A group of young entrepreneurs seeking to modernise agriculture has invested N30 million in 15 rural communities in Adamawa State.
The young entrepreneurs under a firm, Tannep Prime Concept disclosed the development during a seminar they organised and held in Yola with the theme: Securing the Future with Agriculture, Maximizing Profit and Mitigating Losses.
The head of operations of the firm, who is also a software engineering student at the American University of Nigeria (AUN) Yola, Alamin Ahmed said they had introduced farmers to modern farming techniques and inputs.
“Today Tannep Prime Concept is present in almost 15 communities spread across Ganye, Maiha, Ndikong and Yola metropolis with 25 active cooperative groups as well as individually registered farmers under its fold and guidance”.
“We have invested about N30 million across inputs, trainings, off taking and storage. Through two different farming cycles every year, we have an estimate of 300 active farmers and have yielded over 200 tonnes of produce from crops grown. Tannep is on track to triple its yield by the end of this farming season,” he said.
“Thanks to President Muhammadu Buhari, the impact of the COVID-19 pandemic has been reduced as Nigeria is able to produce one of its staple foods (rice). What would it have been with the revenue of crude oil nosediving? It could have been worse with the banning of goods and people coming in or out of many countries”.
In his remark, Dr Abba Tahir of the American University of Nigeria (AUN) commended the young business men for the initiative, saying the American University had embedded entrepreneurship in its curriculum which allowed students to become active businessmen.