Home Latest Insights | News How Do You Invest in Farmers? What Central Bank of Nigeria Needs To Do.

How Do You Invest in Farmers? What Central Bank of Nigeria Needs To Do.

How Do You Invest in Farmers? What Central Bank of Nigeria Needs To Do.

How do you invest in farmers? Possibly, you visit them. For me, I use Zenvus. I give you money, install my Zenvus sensor and right anywhere on earth, I will see an update on what is happening on the farm. If you do well, and we break even, expect more support next year. 

Zenvus is an intelligent solution for farms which uses proprietary electronic sensors to collect soil data like moisture, nutrients, pH, etc. It then sends the data to a cloud server via GSM, satellite or Wifi. Algorithms in the server analyze the data and advice farmers on farming processes. As the crops grow, the system deploys special cameras to build crop vegetative health index for detection of drought stress, pest and diseases. Our system has the capability to tell a farmer what, how, and when to farm. It has in-built GPS, compass and XL making it possible to map farm boundaries which could be useful during loan and insurance applications.

Yes, no briefcase farmer possible because I know how much fertilizer you added, and when you neglected to irrigate the farm even when the crops were begging for water. I have all the updates on what is happening on the farm including when it rained, etc.

I just checked for weekly state of the farms – all of them have my name because they are my farms. This is how the Central Bank of Nigeria should invest in farming: intelligently put money in farming and monitor them from CBN headquarters with local systems to support farmers. Yes, make decisions anchored on data.

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Zenvus Smartfarm dashboard can enable you monitor farms, making it possible that you can be in U.S., UK, Lagos, etc and monitor what Jigawa, Kano, Abia, Osun, etc farmers are doing. #NigeriaThinkDifferent.

You want bags of onion? I can supply!

*I run many experimental farms across Nigeria as part of my Zenvus business.


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5 THOUGHTS ON How Do You Invest in Farmers? What Central Bank of Nigeria Needs To Do.

  1. Initially Zenvus looked more like farmer and farm two-way exchange, now investors and other support service providers have been brought into the orbit; the power of storytelling…

    But we really have a serious problem with performance management in this country, even the president is still promising to set target for his new ministers; a tacit admission to the fact that the ones who left did nothing, and there was no performance management framework to measure or assess their contributions or lack thereof.

    It is the same reason why we first approve budgets for spending, with no viable monitoring or performance management system, and after some time we ask: where is the money? And then we send the ‘boys’ to look for the looters or corrupt elements. Then the ‘boys’ will waste more money chasing the thieves, in the event the hunt becomes unsuccessful, we simply declare: corruption is fighting back!

    Zenvus has provided monitoring and management tools for investment in crop farming, we need same in various intervention programmes we invest vast sums of money (with little/no positive results), including the ’empowerment’ programmes.

    It’s incredible that in a country with little financial power, we still can’t measure performance.

    • Ozonze – if you belong to a cooperative and can connect with your leader or state or LGA govt, we will be happy to have tour with you. We have some sensors in Lagos and can help do experimental setup for the President. Our focus is cooperatives or govt and if you have, we can invest time and work with you. Typically, we do presentation and share more data with partners. But we do that only when we are talking to the right people. Email [email protected] and we will get in touch.

  2. Great solution. Would like to hear feedback from users who have deployed it on their farms to know what their experience has been and how Zenvus has added value to them.

    • Ugo – if you belong to a cooperative and can connect with your leader or state or LGA govt, we will be happy to have tour with you. We have some sensors in Lagos and can help do experimental setup for the President. Our focus is cooperatives or govt and if you have, we can invest time and work with you. Typically, we do presentation and share more data with partners. But we do that only when we are talking to the right people. Email [email protected] and we will get in touch.

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