By Samson Echenim
NIGERIAN Farmers Group and Cooporative Society, NFGCS, has come up with an innovative agrobusiness startup with an inclusive and trendy model that woos Nigerian youths to invest in agriculture without necessarily being on the farm.
Retson Tedheke, National Coordinator and Secretary General, NFGCS, said with over 1,000 hectares of land leased from local owners at Gaate in Nasarawa State, the society offers many Nigerians opportunity to farm by subscribing to the cooporative society’s investment widows.
Tedheke explained: “NFGCS is a model that works because it thrives on the principles of modern business and investments. For instance, if we put the cost of farming one hectare of maize at N280,000, all you need to do to become a member is just to pay N280,000 into your subscription account.
“With the subscription, a member has access to land where the farmers work on their behalf to grow high yield crops ranging from maize, cowpea, groundnut, melon, yam, rice, ginger among others.
“We farm for you and you will get a return on your exact money every year.”