Friday, June 13, 2025
Possible agri venture - planting this tuber can solve many problems
Looking forward to the future of business
Met with my uncle after a long while (he had his eye operated on) and met long for possible agri venture. (He is into broiler, eggs, and cattle farming) Our goal was to interest a relative in a big Region 3 province to have alternative sources of income, while at the same time provide livelihood (not ayudas) to his constituents, and thus strengthen further his political clout. He just won a legislative position in his province.
My idea is have plantation agreements in idle lands with landowner and partnership for high value products like white lamuan, and /or agar or trees with fragrance (since there are all ready such, owned by foreigners with their laboratories and who are expanding - quite an opportune moment
My uncles idea was different - to go on contract growing of a popular tuber that can be substitute for rice and which has numerous other uses: flour, starch, textile, paper, ethanol, sorbitol costmetic products etc.
This project certainly could:
1. Provide many jobs since harvesting and processing can be labor intensive;
2. Save $ for rice importation
3. Provide opportunities for high value products like sorbitol.
Nigeria is currently the leader in cassava production and there are reports that those who engage in such business are now wealthy.
Labels:
added,
cassava,
contract,
flour,
food,
growing,
high value,
intensive,
labor,
plantation sharing,
rice,
staple,
starch,
substitute,
textile
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