Business
Akinwumi Adesina, the man behind the reviving and mordernizing of Nigeria’s agriculture and breaking the “oil curse”
Thursday, July 4, 2013
Farmer Mustapha says he made US$1,350 per hectare from his harvest after paying back private firm Doreo Partners, which runs the Babban Gona project, compared to previous years where he might earn US$200 per hectare.
The Babban Gona or “Great Farm” project, in northern Kaduna state, is one of the projects where public-private investment is helping former subsistence farmers like Mustapha make profits for themselves and the companies backing them.
“Now I want to grow my farm, I have so much space I never used. Now I will send my children to school,” he said, while behind him mostly unused farmland stretched to the horizon.
“It’s early days but I’m more optimistic than I’ve ever been,” said Adesina. – (Reuters)
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