Food sufficiency: Expert wants business component of agriculture highlighted

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Francis Toromade, the Director-General, Premier Agribusiness Academy, says there is the need to bridge the gap between agriculture and agribusiness as a tool for profitability and food sufficiency.

He told a news conference in Lagos that for agribusiness to become profitable in Nigeria, farmers had to acquire cognitive skills and knowledge of human capital development.

Toromade, who is also a facilitator in Lagos Business School, however, said that for Nigeria to realise this vision, there must be significant increase in local food production cutting across livestock, crop and aquaculture.

All over the world, people are no longer talking about agriculture, the stress is on agribusiness because that is where profit lies.

“For farmers to be profitable, they need to acquire knowledge of strategies to market their products and effectively manage their human, capital and material resources. All these competences are what the academy offers in its courses.”

According to him, the vision of Premier Agribusiness Academy is to transfer well researched and innovative competences required for sustainable investments in the non-allied industries of the agriculture sector to farmers.

The institution offers short executive courses, poultry management courses, aquaculture management and consultancy services to farmers.

He urged farmers to take advantage of the academy’s forthcoming training on “Creative Thinking and Problem-Solving Skills for Decision Making” coming up on Oct. 5, at Sheraton Hotels and Towers,  to further increase their knowledge in agribusiness management.

He said the academy was willing to collaborate with major players in the agribusiness value chain both locally and internationally to assist farmers’ quest for knowledge to grow their businesses.