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Agribusiness next goldmine for Nigeria

Agribusiness next goldmine for Nigeria


Stakeholders in the agric business has noted that regardless the harsh and occasionally unpredictable working atmosphere witnessed by a number of sectors of the Nigeria economy and current slow state of affairs in the global economy, agribusiness is the next gold mine for the nation.

They also noted that agribusiness holds the key to unlock youth potentials and address the challenges of youth unemployment in the nation.

They made the assertion during the Agribusiness Youth summit organized by the AGRA-FAIR and the Lagos Business School (LBS) on the theme’’ Youth in Agribusiness; the opportunities.

Speaking at the event the LBS Faculty and Agribusiness Management Programme Academic Director, Ikechukwu Kelikume said that lack of adequate knowledge and infrastructures are key challenges to agribusiness in the nation.

He called on the participants to exploit the new opportunities in the Agribusiness value chain as well as tackle challenges that have made Agribusiness unprofitable in the past.”

According to him ‘’Lagos Business School (LBS) recognises that the agricultural sector holds tremendous opportunities for wealth creation in Nigeria. In the face of the global oil glut, there is a dire need for investment in this sector in order to boost the Nigerian economy.’’

He noted that in response to this national call for diversification, LBS is offering a 50% grant on its Agribusiness Management Programme (AgMP). This limited offer will not only give successful candidates an opportunity to learn and apply practical skills to their businesses, but also, the opportunity to collaborate with agribusiness industry practitioners and experts.

He said the programme aims to expose company executives, managers and potential professionals in the agribusiness value chain to current global, regional, domestic trends and market realities in the agricultural sector. It will be an innovative and stimulating learning experience that integrates the best of classroom knowledge and theory with action learning.

The coordinator AGRA-FAIR Njideka Anyanwu said the fair is the strategic Agribusiness event in Africa and it is aimed at engaging youths in agriculture to proffer opportunities and solutions to nagging problems in the agricultural sphere.

‘’The thrust of this inaugural agribusiness event organized by the Lagos Business School in conjunction with Agrafair IRAL is to; serve as the continental platform hosting stakeholders in the Agric sector in Africa in order to unleash the full potentials of agriculture in Africa, creating opportunities for growth, wealth creation, food security and job creation across Africa.she stated

She noted that through well designed plenary and networking sessions, exhibitions and sidelines events, the event has built a strong consensus among various stakeholders, as well as partnerships, business deals, and resources mobilization towards agricultural prosperity in Africa.

For a better society

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