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The WaVe City: FarmKonnect With Osun State Government Commissions A Multidimensional Vegetable Farming Project

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The state of Osun added a milestone as FarmKonnect, a foremost social agribusiness enterprise and the first Agricultural Real Estate company in Nigeria commissioned the WaVe city, a mega vegetable farming project on over 5 Million square meters farmland domiciled in the state.

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Left to right: Hon. Adewole Adedayo, Hon. Yemi Lawal and Mr Azeez Oluwole, commissioning the WaVe city project.

The WaVe city, situated in Wasimi, Aiyedere Local Government Area of Osun state in Southwest Nigeria, is targeted to contribute to national food security and nutrition through the production of fruit and leafy vegetables, leveraging modern technology for a controlled farming environment.

The Inauguration event which took place on the farm on the 4th of August 2020 and was attended by the Commissioner for Agriculture and food security together with the Commissioner for Youth and sports, Osun state, and many other dignitaries across different sectors of the economy was an exposé of the yet untapped potentials of the Africa’s agricultural system. With over 60 percent of the world’s arable land, the Sub-saharan Africa is still the most malnourished continent of the world!

While delivering the Inauguration speech, Mr Azeez Oluwole, the founder and Chief Marketing officer of FarmKonnect remarked that the WaVe city is oriented to revolutionize Africa’s food and agribusiness sector, dousing the problems of hunger and food insecurity through the production of fruit and leafy vegetables. According to Oluwole whose experience in the farming business has spanned over 20 years, “the WaVe city will at full capacity produce over 120,000 metric tonnes of tomatoes per annum, capturing about 41 percent of the tomatoes market in Nigeria, and will provide more than 1,200 direct as well as over 3,500 indirect job opportunities for the youths.”

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Mr Oluwole Azeez, Hon. Adeyemi, Hon. Yemi Lawal and other dignitaries having a tour on the farm.

The WaVe city is a mega multidimensional agricultural project run on a unique agribusiness model tagged, Agricultural Real Estate (AgRE) which is designed specifically to promote the agricultural and financial inclusion of all and sundry. According to the CMO of FarmKonnect, “AgRE which is a pioneering model of FarmKonnect is a collective system of farming whereby individuals with like minds pool resources together to sponsor huge agricultural projects for higher productivity and profiting that otherwise may not be achieved by a single individual.

AgRE has 8 key elements which include; commercial scale, scalability, high yield, security, collective funding, efficiency, unified management and system driven. In the words of Azeez Oluwole, AgRE will promote the state of commercial Agriculture in Africa while protecting and reinforcing the strength of the smallholder farmers.

Mr Oluwole further disclosed that the WaVe city will feature 50 different farm settlements of 100,000 Square meters of land areas each. Each settlement, graced with modern technology and operational methodologies that agree with the tenets of precision farming, will have its own administrative system and recreational facilities. According to the agripreneur, two of the settlements are not for profit making but to promote the Corporate Social Responsibilities of the company. The first is the legion farm which is dedicated to both active and retired military and paramilitary officers including their direct dependents in compensation for their services to the nation. The second is the women enclave targeted to empower and provide social and financial supports to women farmers across the nation.

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The founder and CMO of FarmKonnect granting press interview.

Mr Oluwole lamented that the contribution of women to agricultural productivity is highly underrated. Women contribute about 75 percent of the agricultural productivity in developing countries but receive less than 7 percent of agricultural extension services. He admonished that to fully tap Africa’s agricultural potentials women farmers who are mostly resident in the rural regions of the continent must be adequately empowered.

Having lauded the women enclave initiative, Dr. Aborisade Ogunlana, an entrepreneur and women empowerment advocate described the food revolutionary project as a ‘positive rebellion’ to Africa’s food and agricultural challenges.

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Hon. Adewole Adedayo granting press interview.

The Osun states Commissioner for Agriculture and food security, Honourable Adewole Adedayo appreciated FarmKonnect for providing palliatives to 1000 people in Osun state during the COVID-19 lockdown. He noted that agriculture is a priority in the agenda of the government of Osun state not only because of its capacity for food production but also because of its capacity for job creation. According to the commissioner, Agriculture has the highest potential to create jobs, for both skilled and unskilled labour.

“The Northern Nigeria has always been the base for food production in Nigeria, and there has been that message passed down to the southern Nigeria to scale up and start producing what to eat. The period where we order toothpicks and pizza from London is over” the commissioner said.

Honourable Adeyemi also expressed belief that FarmKonnect is a dream come true and is positioned to record monumental achievement in Nigeria and Africa at large. In the words of the honorable commissioner, “today having FarmKonnect in Osun state is another dream realized, having the agricultural facility on ground to develop agriculture in southwest Nigeria is another dream that is being realized. FarmKonnect will be creating jobs for over 1000 people. We are going to be opening a whole new sector.”

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Mr Oluwole showing people around the facility.

The honourable thanked FarmKonnect for bringing the project to Osun state and he said the government of the state of Osun will continue to be of tremendous support. He also implored FarmKonnect to work very closely with the Osun states ministry of Youth and Sports especially on matters that concerns the youths.

Honourable Yemi Lawal, the commissioner for Youth and Sports for Osun state who also spoke at the event, described the project as commendable and a welcome development in Osun state. He articulated his willingness and readiness to partner with FarmKonnect to create something monumental for the Youths of Osun state.

About the writer:
Tiamiyu Ismail is a writer and Researcher at FarmKonnect.
Contact: ismailtiamiyu@farmkonnectng.com

Instagram is REELY Interesting – Tiktok Gets A Big Rival

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While we are still waiting for sealing of the Tiktok deal (MicroTok, a name suggested by Ndubuisi Ekekwe for the future version of Microsoft’s Tiktok), Instagram has today, Wednesday, August 5, 2020 launched Reels. It is believed that this new Tiktok rival will be having the same, if not better features than the giant of 15 seconds video, Mr. Tiktok.

The short-form video feature is targeted to rival Tiktok’s famous identity. Users can make 15-second videos inside the Instagram app using editing tools to help film different clips, which can be shared within a new tab on Instagram’s public Explore page.

Although some users are already complaining that Instagram should spare the platform the headache that came with Tiktok, but it seems that it is already a done deal.

A note from Instagram official account:

Introducing Reels

Now you can record and edit 15-second multi-clip videos with music, effects and new creative features. Reels lets you express yourself and entertain people, whether you’re showing off a new skill or making a funny video the world deserves to see.

Share reels with friends on Feed — and if you have a public account, you can also share reels with the larger Instagram community in a new space in Explore.??

Today Reels is rolling out to more than 50 countries, and we can’t wait to see what you create.

The big question now, is.. should Microsoft continue with its proposed deal with ByteDance to localize Tiktok USA base?

IT IS REELY INTERESTING. 

 

Nigeria Launches Covid-19 R&D Funding Scheme

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Nigeria has unveiled a funding scheme for Covid-19 related research and development: “The Scheme is intended to boost domestic manufacturing of critical drugs and vaccines to ensure their sustainable domestic supply and reduce the bulk manufacturing costs of the drugs, herbal medicines and vaccines in Nigeria.’ Good move even though most universities are still on strikes. Dogonyaro – a herb in Southeast Nigeria was shipped from Nigeria to treat 3 people in the U.S. and they recovered. So, if our professors can get back to work, this could be our real oil if we get there first. Anything is possible.

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic, introduces the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

Specifically, the HSRDIS is designed to trigger intense national R&D activities to develop a Nigerian vaccine, drugs and herbal medicines against the spread of COVID-19 and any other communicable or non-communicable diseases through the provision of grants to biotechnological and pharmaceutical companies, institutions, researchers, and research institutes for the research and development of drugs, herbal medicines and vaccines for the control, prevention and treatment of infectious diseases.

Here is a case study: Prof Augustine Njoku-Obi; his son married my cousin. His name might not sound popular. But he could have been the father of cholera vaccine in the world. He was the man who invented the cholera vaccine that stopped the Kano Cholera outbreak in 1972.

The World Health Organization (WHO) had approved his vaccine in 1971 and when the outbreak later happened in Kano, Nigeria deployed the vaccine. That was actually one of the finest moments of the post-war healing process – an easterner created a vaccine to save lives in Kano when a few months ago they were killing themselves! 

So, Covid-19 could meet our virologists in UNN, UI, Uyo, ABU, etc; the experts have a chance.

Nigeria Rolls Out Grants For Coronavirus Research and Cure Development, See Guidelines

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CBN Governor

As the world pushes for a cure for COVID-19, the Nigerian government has joined its counterparts to roll out grants for research and cure development.

The Central Bank of Nigeria has released guidelines on how to access the (up to) N500 million grant.

Read the guidelines below.

HEALTHCARE RESEARCH AND DEVELOPMENT
GRANT GUIDELINES

  1. Introduction

The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19 pandemic, introduces the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

Specifically, the HSRDIS is designed to trigger intense national R&D activities to develop a Nigerian vaccine, drugs and herbal medicines against the spread of COVID-19 and any other communicable or non-communicable diseases through the provision of grants to biotechnological and pharmaceutical companies, institutions, researchers, and research institutes for the research and development of drugs, herbal medicines and vaccines for the control, prevention and treatment of infectious diseases.

The Scheme is intended to boost domestic manufacturing of critical drugs and vaccines to ensure their sustainable domestic supply and reduce the bulk manufacturing costs of the drugs, herbal medicines and vaccines in Nigeria.

The Framework outlines the operational modalities for the Scheme.

2. Objectives of the Scheme

The broad objectives of Scheme include:
2.1 Providing grants for R&D in new or revalidation of drug molecule, phytomedicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria;
2.2 Boosting domestic manufacturing of validated drugs (Active Pharmaceutical Ingredients or APIs), herbal medicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria and reduce the nation’s dependence on other countries for these drugs and vaccines;
2.3 Improving the capacity of the biotechnological and pharmaceutical companies, institutions, researchers, and research institutes in the development of approved Nigerian drugs, herbal medicines and vaccines for infectious diseases;
2.4 Supporting capacity of relevant health agencies towards attaining WHO Maturity Level 3, a prerequisite for manufacturing of vaccines in Nigeria;
2.5 Facilitating partnership between academia (researchers, research institutes and universities) and industry into the research and development of drugs, phytomedicines and vaccines for the control, prevention and treatment of infectious diseases in Nigeria; and
2.6 Reduce dependence on imported drug products (synthetic and herbal) and vaccines for the control, prevention and treatment of infectious diseases in Nigeria.

3. Eligible Research and Development Activities

Activities eligible for consideration under the Scheme shall include:
i. Research and development of candidate drugs, herbal medicines and vaccines validated by relevant health authorities for the control, prevention and treatment of infectious diseases;
ii. Manufacturing of drugs, herbal medicines and vaccines validated by relevant health authorities for the control, prevention and treatment of infectious diseases;
iii. Red biotechnological R&D in new health technology for the control, prevention and treatment of infectious diseases;
iv. Research partnership between academia and industry into the development drugs and vaccines for the control, prevention and treatment of infectious diseases;
v. Research and development into validated phytomedicines for the control, prevention and treatment of infectious diseases; and
NOTE: Candidate vaccines undergoing pre-clinical testing or trials shall not be eligible for consideration under this Scheme. However, candidate vaccine undergoing clinical testing or trials shall be eligible for consideration under the Scheme if considered to have high potential to cross the clinical trial stage and prospects of scale by the Body of Experts (BoE).

In applying for the grant, the applicant shall be required to have conducted pre-clinical testing of the candidate drugs, herbal medicines and vaccines, and obtained certification from relevant health authorities for further research and development.

Special consideration shall be given to candidate drugs, herbal medicines and vaccines with high scientific merit against emerging infections and contribute to the development of the Nigerian vaccine.

For this purpose, a BoE shall be constituted from the academia and industry to review validated research proposal submitted and recommend for financing, as appropriate. The BoE shall meet regularly to appraise the research and development project and submit progress reports to the CBN.

4. Funding

The Scheme shall be funded from the Developmental Component of the Micro, Small and Medium Enterprise Development Fund (MSMEDF).

5. Grant Limit

i. Research activities: Maximum of N50.0 million.
ii. Development/Manufacturing activities: Maximum of N500.0 million.
NOTE: Disbursement under the Scheme shall be made to beneficiaries in tranches subject to approved milestones achieved.

6. Research and Development Timeframe

i. Research activities: Not more than two (2) years from the date of release of fund.
ii. Development/Manufacturing activities: Not more than one (1) year from

7. Body of Experts

The Body of Experts (BoE) shall be responsible for the review and evaluation of submitted research proposals, as well as recommend for financing R&D projects with high potential to contribute to the development of the Nigerian vaccines for infectious diseases. The composition of the BoE shall be as detailed below:
i. Two (2) independent research specialists appointed by the CBN;
ii. One (1) nominee from National Agency for Food and Drug Administration and Control (NAFDAC);
iii. One (1) nominee from Nigeria Institute for Pharmaceutical Research and Development (NIPRD);
iv. One (1) nominee from Nigeria Centre for Disease Control (NCDC)
v. One (1) nominee from Nigeria Institute of Medical Research (NIMR) and;
vi. One (1) nominee from the Federal Ministry of Health
NOTE: The Chair of the BoE shall be appointed by the CBN.

8. Modalities

i. The applicant(s) shall submit its application, with relevant documentation of validation from relevant health authorities, trial results, patent registration details (if any) and development timetable to the Body of Experts (BoE).
ii. The BoE shall evaluate applications and recommend to the CBN
iii. The CBN shall review for documentation adequacy and completeness;
iv. Upon approval, the approved grant sum shall be released to the applicants account with any PFI of his/her choice.
v. The beneficiary shall submit periodic progress report on the project to the CBN.

NOTE: The CBN shall have proprietary right over all financed R&D outcomes or products. Equally, licensing protocol for the mass manufacturing of developed drugs, phytomedicines and vaccines shall be defined by the BoE in accordance with the World Health Organisations current Good Manufacturing Practices (cGMP).

9. Monitoring

Periodic joint monitoring of research and development activities shall be conducted by the BOE.

10. Amendments

The Framework shall be subject to review from time to time as may be deemed necessary by the CBN.

11. Enquiries and Returns

All enquiries and returns should be addressed to:
Director,
Development Finance Department,
Central Bank of Nigeria,
Abuja.
May 2020

Accelerate, Ascend, and Advance Your Managerial and Leadership Capabilities

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I am Ndubuisi Ekekwe. I coordinate this amazing program we call Tekedia Mini-MBA. It is one of the most fascinating management programs in continental Africa. In our edition 2, we have co-learners from 30 countries. With the support of business leaders from more than 30 glocal leading companies, including Shell, KPMG, Queen’s University, Microsoft, NNPC, Infoprive, Flutterwave, Coca Cola, Gig Logistics, Jobberman, etc, we are nurturing innovators and project champions. 

We provide a 360-degree management program. For example, in our Lab #1, our members are mastering how to write Business Concept Note or Business Investment Brief where workers can seek approval from Executive Management to fund innovation. We also developed a one-page business plan to help demonstrate how that project would work, financially. Of course, founders and entrepreneurs find great moments in our program. We help them sharpen their business insights besides the mastery of the critical nexus of innovation, execution and growth.

Accelerate, Advance, and Ascend your managerial and leadership capabilities with Tekedia Institute. Class begins Aug 10. Early bird benefits end Aug 7th. Register today and join us.

https://www.tekedia.com/mini-mba-3/