Key take-away from my pilot-phase is volume and infrastructure matters, we need to approach it from 5 acres upwards and ensure we belong to a functional ecosystem.
For instance, we have now joined Niji Oni & Co. Agriculture ecosystem which is bridging links in the agriculture food chain making areas such as insurance, procurement of goods, transportation, exportation, off-takers, etc., easier to manage.
We have also stepped up our training, and make sure to attend the right training sessions, including those led by Animal Care.
The plan is to enter into live-stock farming and crop cultivation; and our rate of growth is dependent on the partnerships and investments opportunities identified.
I'm a firm believer of gradual growth and reinvesting profits so that year-by-year we can take the business further. Below is an example of stage by stage growth with a focus on one agriculture product; lemongrass.
Start on purchased land / 20-year + leased land
Cultivation of fresh lemongrass and secure international buyer of 20-80,000kg per month (all-year round availability enabled using drip irrigation and pest-controlled farming within inputs deposits range for organic farming)
Production of dried and/or grinded lemongrass, and secure local and international buyers
Production of therapeutic / food grade lemongrass oil and secure local and international buyers
Expansion into other crops and partnerships to profit from steam distillation of other crops.
Land expansion and ownership - we won't limit God by stating when or how much land will be acquired
Growth expansion is limitless, and an important element is structure that leads to smooth operations and lives of communities being positively impacted.
My ideal scenario is to partner with an individual equally interested in farming, but with more experience in the financial sector and therefore better equipped at managing the investment process. As well as highly proactive in forming relationship with buyers.