An agriculture investment outfit, Heart and Capital Nigeria Limited, has urged youths, especially the unemployed, to embrace agriculture to be self-employed in lucrative endeavour and enrich the nation’s economy.
Speaking at the launch of its new agricultural business project called ‘eterno’ in Ilorin, president and co-founder of the organisation, Abdulquawiy Olododo, said that the organisation, as part of its efforts to promote agriculture among youths, trains 4,000 youths on agribusiness every year.
Olododo, who said eterno is planned to reduce unemployment, improve economic life of people, added that it would save the country from suffering negative effect of climate change.
He said that eterno is a Spanish word meaning timelessness, adding that the project is a cashew investment product that allows individuals and corporate bodies to have direct access to returns from a cashew plantation over a period of 20 years, using modern technology to build a bridge between the farm and the investors, while ensuring the most efficient production for great returns.
He said that the product has been made so easy that individuals can invest in one unit of cashew tree for as low as N10,000.
Also speaking, the Chief Executive Officer and co-founder of the organisation, Umar Oba Adelodun, enjoined students, young school leavers, other Nigerian youths and big investors to take advantage of this Eterno investment opportunity to create wealth for themselves.
“As an investor, you are not only earning returns on your investment, you will also be contributing to something bigger by mitigating social and environmental factors affecting Nigeria and the world at large such as unemployment and climate change,” he said.
The co-founder, who said the organisation partners tertiary institution’s to train youths, advised that youths should get involved in the more lucrative business which agriculture has turned to be.
“We have several tertiary institutions among our partners. Kwara state University (KWASU) is our first partner. We get to train about 4,000 youth, young farmers every year on opportunities in agribusiness. We are young and we can understand language comprehensible to young adults. Agriculture had gone beyond hoes and cutlasses, farming and waiting for harvest. A whole value chain exists from planting to processing, marketing and others that our youth should be part of”, he said.