THISDAY

‘We Want Farmers’ Income to Increase by 80%’

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Sunday Okobi

As part of its commitment to accelerate the growth of the agricultur­e sector through increased support to farmers’ Farmcrowdy has expressed its preparedne­ss to assist more farmers’ grows their income by over 80 per cent in its bid to scale up its operations.

Speaking recently during the visit to a poultry farm by Farmcrowdy team and farm sponsors in Abeokuta, the Chief Executive Officer, Farmcrowdy, Onyeka Akuma disclosed this.

Akuma explained that the farmcrowdy model was designed to ensure that the farmer is present when the buyer is buying.

“Transparen­cy which is among some of the issues farmers suffers from, people just come and buy and pay them whatever they want to pay them,” he noted.

Akuma, further noted that in their transactio­n with the farmers, they ensure they are involved in the process.

He added that this was aimed at ensuring that farmers see the profit before the money gets into the account.

He remarked that the model allows them to provide farmers with technical know-how, and market access. Akuma said farmcrowdy would scale up its operations, find means to reach more farmers to grow their income by over 80 percent “annually that is our goal.”

In his remarks, one of the farm sponsors, Mr. Ajibola Oyekunle, said farmcrowdi­ng gives an investor return in time and full and the return is attractive.

He also stated that farmers were able to scale up from 2,500 to 20,000 chickens in less than a year. Oyekunle, also stated that in developing agricultur­e, government should help with enabling policies.

He added that it was not about government owning farms, but understand­ing what farmers need and providing policies to drive such.

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