Post by Trade facilitator on Oct 21, 2022 18:28:25 GMT 1
International Groups To Push Innovative Solutions To Boost Agriculture
According to Nigeria farming magazine published online,
International groups are pushing for solutions to help the agriculture sector adopt best practices, create jobs and drive economic growth across the country while continuing to provide safe, high quality food. The Patagonia Desert-
To this end, a high-level stakeholder sensitisation B2B meeting on revolutionizing rural agriculture development and triggering a resilient agricultural funding framework titled “RAD-C” is being planned by The Nigerian Agricultural Mechanization & Equipment Leasing Company (NAMEL) in partnership with Harvest Field, SEEDCO, OCP, Nigerian Agricultural Insurance Corporation(NAIC), NFM, AFEX, Central Bank of Nigeria ( CBN) among others.
The event will bring together recognised and emerging world class supply chain managers and service providers, as well as agro-input companies on land development, agricultural mechanization, input supply, extension, farm management, logistics, marketing, crop insurance, agricultural finance, communication and farmers onto a single platform.
According to the organizers, the overall plan to position the Nigerian agricultural sector to benefit from solutions provided through an innovative combination of Climate Smart Rural Agriculture Development (CS-RAD) and a Resilient Agriculture Funding (Resil-Af) structure, that have been deployed by world-class agricultural value chain players and farmers.
The Chief Executive, NAMEL, Dr. Ahmed Adekunle said leading private sector players that have joined the organization in the consortium recognise that systematic development and farming of large acreage of land with the best available technology as proposed by RAD-C is a driver of strong agricultural growth in both output and input markets.
He said the unveiling of RAD-C will seek to trigger a special purpose vehicle (SPV) that works through a major coordinating platform bringing suppliers of farm inputs, farm equipment, financial institutions and smallholder farmers together to leverage available interventions for agricultural development
He noted: “the RAD-C is structured in a manner that makes it possible for a non-agricultural person to invest in agriculture and succeed tremendously”. To Adekunle, RAD-C is “a solution that creates room for seamless agricultural mechanisms.”
Also speaking on the initiative, the Chief Executive, AgroNigeria, Barr. Richard-Mark Mbaram, stated that “the RAD-C is not a local or in-country intervention, but a continental activity that would be sold to the world. In his words, “it is a continental activity to facilitate and consolidate agricultural transformation for global impact and will feature prominently at this year’s Africa Agriculture Dialogue, taking place as part of the global Borlaug dialogue in Des Moines, Iowa .”
The sessions at the event will present all subscribed consortium partners the opportunity to engage on the working framework of the RAD-C concept, while also showcasing practical and realistic approaches for implementation that will guarantee considerable and sustainable return on investment.
According to Nigeria farming magazine published online,
International groups are pushing for solutions to help the agriculture sector adopt best practices, create jobs and drive economic growth across the country while continuing to provide safe, high quality food. The Patagonia Desert-
To this end, a high-level stakeholder sensitisation B2B meeting on revolutionizing rural agriculture development and triggering a resilient agricultural funding framework titled “RAD-C” is being planned by The Nigerian Agricultural Mechanization & Equipment Leasing Company (NAMEL) in partnership with Harvest Field, SEEDCO, OCP, Nigerian Agricultural Insurance Corporation(NAIC), NFM, AFEX, Central Bank of Nigeria ( CBN) among others.
The event will bring together recognised and emerging world class supply chain managers and service providers, as well as agro-input companies on land development, agricultural mechanization, input supply, extension, farm management, logistics, marketing, crop insurance, agricultural finance, communication and farmers onto a single platform.
According to the organizers, the overall plan to position the Nigerian agricultural sector to benefit from solutions provided through an innovative combination of Climate Smart Rural Agriculture Development (CS-RAD) and a Resilient Agriculture Funding (Resil-Af) structure, that have been deployed by world-class agricultural value chain players and farmers.
The Chief Executive, NAMEL, Dr. Ahmed Adekunle said leading private sector players that have joined the organization in the consortium recognise that systematic development and farming of large acreage of land with the best available technology as proposed by RAD-C is a driver of strong agricultural growth in both output and input markets.
He said the unveiling of RAD-C will seek to trigger a special purpose vehicle (SPV) that works through a major coordinating platform bringing suppliers of farm inputs, farm equipment, financial institutions and smallholder farmers together to leverage available interventions for agricultural development
He noted: “the RAD-C is structured in a manner that makes it possible for a non-agricultural person to invest in agriculture and succeed tremendously”. To Adekunle, RAD-C is “a solution that creates room for seamless agricultural mechanisms.”
Also speaking on the initiative, the Chief Executive, AgroNigeria, Barr. Richard-Mark Mbaram, stated that “the RAD-C is not a local or in-country intervention, but a continental activity that would be sold to the world. In his words, “it is a continental activity to facilitate and consolidate agricultural transformation for global impact and will feature prominently at this year’s Africa Agriculture Dialogue, taking place as part of the global Borlaug dialogue in Des Moines, Iowa .”
The sessions at the event will present all subscribed consortium partners the opportunity to engage on the working framework of the RAD-C concept, while also showcasing practical and realistic approaches for implementation that will guarantee considerable and sustainable return on investment.
