The Golden Morning Agripreneurship Series of the Nestle Nigeria Plc’s, in collaboration with the Enterprise Development Centre of the Pan Atlantic University, which is meant to promote youth participation in the agricultural sector through training and provision of grants has yielded over 200 beneficiaries in less than one year.
Seven of the beneficiaries with the most promising agriculture business proposals were given N3.5 million to scale their businesses. The beneficiaries, according to Nestle, were exposed to different aspects of the agricultural value chain and are provided with seedlings and mentorship to help them succeed as farmers after their training.
Beneficial ecosystem
Commenting on the Golden Morn Agripreneurship Series, Nestlé Nigeria’s Corporate Communications and Public Affairs Manager, Ms. Victoria Uwadoka, said: “Nestlé is driving impact at scale across critical socio-economic sectors, including agriculture to build a sustainable mutually beneficial ecosystem.
Agriculture is broadly divided into four sectors in Nigeria–crop production, fishing, livestock and forestry. Crop production remains the largest segment and it accounts for about 87.6% of the sector’s total output. This is followed by livestock, fishing and forestry at 8.1%, 3.2% and 1.1% respectively.
Agriculture remains the largest sector in Nigeria contributing an average of 24% to the nation’s GDP over the past seven years (2013 – 2019). In addition, the sector employs more than 36% of the country’s labour force. Globally, youth participation in agriculture has been perceived as one of the vital keys for the revitalization of the economy of many countries.
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