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Good Income from Agriculture by Engr Bayo Ayorinde

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Do you have the intention of going into agriculture? Are you into agriculture? Do you need the required knowledge to go into agriculture, then don't miss this lecture.

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Good Income from Agriculture by Engr Bayo Ayorinde

  1. 1. Engr. Bayo Arinde Good Income From Agriculture
  2. 2. Good Morning to everyone seated. It is indeed a great opportunity to address this great future leaders and I really thank the leadership of the New Covenant Church, Oke Bola for this unique opportunity.
  3. 3. May I crave your indulgence to start our interaction with the second paragraph of the letter of invitation you sent to me from the third line “we desire that our youths be well informed and inspired to go into any kind of farming of their choice, making good income in order to generate wealth.”
  4. 4. What is good income for a youth? If my own definition of good income is close to yours, then we are on the same page.
  5. 5. Good income is defined as continuous flow of huge amount of money may be 7-digits into your account within a short timeframe. Frankly speaking, this may be a bit difficult in farming but possible. This is only possible from political contract, buying and selling or bureau de change, etc.
  6. 6. This type of reasoning has led us as a nation to where we are today and the major reason for so many failure in farming investment across the country; looking for easy and cheap money.
  7. 7. Our attitude to work is wrong particularly in farming and unfortunately that is where the money is in Africa. Dr. Akinwumi Adesina, the President AFDB says by 2030, the value of African Agriculture would be in trillion Dollars. So, if you are looking for good money that is where you should be.
  8. 8. 3 Reasons Why Youths failed to Access the Money in Agriculture
  9. 9. As a nation and by extension individuals, we have lost the culture of hard work to chase cheap and easy money flying around.
  10. 10. Closeness to cheap money around government circle is a major reason for urban drifting.
  11. 11. Our taste responds sharply to the cheap affluence from local products to imported ones. Note the above 3 points are all negative index for Agriculture
  12. 12. 3 key Factors to Access the Money in Agriculture
  13. 13. Zeal and energy to keep you going. Hard work is only possible on passion.
  14. 14. Function of location. Are you ready to relocate to the very interiors where you have to commercial Farming?
  15. 15. Good Market Value. Your products should be of high commercial value to enable you access good money. Note this is not about food alone. Agro-allied comprises of food, industrial materials and the entire value chain.
  16. 16. Making a successful outing in farming The points listed below are critical
  17. 17. Identify your passion or develop one along or within the industry. “Your source of energy”.
  18. 18. Your number one mission is to meet needs and not money making. “Fuel that will keep you going”.
  19. 19. Develop a modest business plan wired to your passion and mission / gap
  20. 20. Seek knowledge on continuous basis i.e Training.
  21. 21. Have a mentor in your area of interest for motivation and support.
  22. 22. MEET THE MILLIONAIRE FARMER: BE INSPIRED Meet Maria Zileni Zaloumis a.k.a the Zed farmer a Zambian farmer whose net worth is believed to be $2 million dollars from agribusiness CEO/Founder: Tuzini Farms Ltd Age: 34 Nationality: Zambian
  23. 23. Educational Background: She has a: ▪Bachelor of science degree in Nursing from Australian Catholic University ▪Masters of science degree in Cardiology from Wesley hospital in Brisbane ▪She plans on pursuing a Degree in Agronomy Her farm employs over 62 jobs and generates a Gross daily income of over $500
  24. 24. Background story: She is the last born in a family of 3. In 2003, she travelled to Australia to pursue a Bachelor of science degree in Nursing from Australian Catholic University. While in Australia, she worked for 12 years as a nurse and also earned herself a Masters degree in Cardiology from Wesley hospital in Brisbane. She started working when she was 18 and raised $30,000 startup capital through savings.
  25. 25. In 2015, she returned to Zambia from Australia to settle. She found her father ill with an incurable disease called Alzheimer's disease, a disease that affects the brain functions. He started farming on a small scale but couldn't continue farming due to the condition.
  26. 26. In August 2016, Maria took over the farm and started with half a hectare of tomatoes and has expanded to over 13 hectares. From the 13 hectares she harvests between 250 and 400 boxes everyday giving her approximately daily revenue of $500 (Kr5000) at the lowest price of K50 per box.
  27. 27. Her farm Tuzini Farms LTD, is located in chisamba on the northern side of Lusaka. When she started, she used to selling her tomatoes at Soweto market in Lusaka and has grown to become the major supplier of tomatoes to Freshmark(SHOPRITE) country wide , also supplies tomatoes to Ndola’s Masala market , Kitwe’s Chisokone market, which is one of the biggest markets in Zambia and also supplies her tomatoes as far as Kasumbalesa boarder post. Tuzini Farm produces over 300 boxes of tomatoes per day.
  28. 28. Achievements: Maria broke records when she became the youngest to sit on the Zambia national farmers union board (ZNFU), which eventually saw her becoming the youngest Director of the farmers union after she was voted into that position by the farmers . Apart from being CEO at Tuzini Farms , she also serves as the ▪Young emerging farmers initiative ambassador, ▪ African pride insurance Ambassador and ▪National Chairperson for Fruit and Vegetables under ZNFU.
  29. 29. Projects on her Farm: ▪She won a grant for a green house from MRI seed and has now expanded to build more green houses for the onion,cabbage,tomato seedlings. ▪She has 4 green houses for onion ▪She has a pilot project for MRI seed for cabbage and seedlings ▪She recently launched a new variety of tomato seedling called Naetenella from Israel
  30. 30. Her Goals For the Next 5 Years ▪Venture into farm produce value addition by processing tomatoes and sun dried tomatoes which will be exported to the international market. ▪Green housing over 50 hectares for growing organic ginger and avocados which will also be exported into the international market ▪She sees herself impacting and empowering Zambian farmers by establishing an outgrower scheme countrywide for export,which will boost the Zambian economy ▪She sees herself also reducing through levels of unemployment by empowering and creating over 1000 job opportunities
  31. 31. Conclusion "Be realistic about your Dreams. Do not be afraid to make mistakes, learn from your mistakes and look forward. Remember, to be disciplined and use the resources around you. Never give up on your dream, Never Quit. Finally, always develop your self by reading the right books, sharpening your skills and above all investing in your relationship with God"
  32. 32. Final Note "Do not wait for opportunities. Create the opportunities. Do everything with Passion or not at all. Work hard dream big. Success depends on the second letter "u" Success is not in the amount of money you make but in the difference you make in people's lives. What are you waiting for?