Funds, low quantity of feed challenges of agribusiness in Nigeria – Agriculturists vanguardngr.com vanguardnews
Co-founder Olisaeloka Peter Okocha Jr and Chief Agronomist Gbolahan Folarin are seen looking at an aubergine plant at the PS Nutrac Farm on June 5, 2018, in Wasinmi, near Abeokuta.
Dr Segun Makanjuola, a partner of Nigeria Poultry and Livestock Exposition said that the challenges in the industry range from availability of funds, low quantity of feed inputs to reduction of participants in the business. “Another challenge is non-availability of fund for the business. Our members get loans to run their businesses at high interest rates unlike what operate in other parts of the world,” he said.
He said that one of such efforts was the Nigeria International Poultry and Livestock Exposition scheduled to take place in Ibadan from April 3 to April 5. Kazeem said that the NIPOLI EXPO to hold at the University of Ibadan would expose participants to new opportunities. Kazeem said that the NIPOLI EXPO 2019 with the theme: ‘Innovative for Sustainable and Resilient Livestock SMEs Development in Nigeria’ is the third edition and West Africa’s largest poultry and livestock exhibition.
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