FARM2MARKET
Water
The World Bank estimates that 70 million Nigerians lack access to safe drinking water, and 114 million lack access to basic sanitation facilities. Liquid sources are often polluted with hazardous substances, posing health risks to those who consume or use the water. Most communities in Nigeria can be described as “badly watered, with their drinking water source being miles away from the town. The scarcity of water in Nigeria has passed into a local Yoruba proverb. “Omi d’oyin (“water is honey around here”).
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Nigeria’s population and topography, combined with poor urban planning, inadequate drainage systems, and land-use changes contribute to the frequency of drinking water shortages. Nigeria has abundant water resources, but poor water management practices. Water scarcity is a significant challenge, with the average Nigerian consuming less than 2 liters of it per day, which is below the 2.5 liter per day recommended by the European Food Information Council.
Entrepreneurs such as Abodunde Farms that are working with communities are essential in promoting a water-secure Nigeria. Community-led initiatives such as water committees can improve access to safe water and sanitation. Due to industrialization and population growth, the demand for water has been increasing sharply, while the availability of desired quality and quantity of water for diverse industrial uses also remains crucial.
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Femi Abodunde, CEO
Abodunde Farms
Wholesale
We sell a variety wholesale produce at traditional and ancient markets in NW Edo, Southern Kogi, and Abuja. Yellow "eba" garri and Edo red palm oil are our core products.
Retail
We are developing several high margin packaged products for retailers which we will list here periodically
500 ml Edo Red Palm Oil
RETAIL B2B
We are a wholesaler that has traditionally served buyers, who then repackage our produce for re- sale at supermarkets. We recently decided to start serving supermarkets directly. This allows us to pass on tremendous margin opportunity to local retailers. For example, our 500 ml edo red palm oil retails at upto N1500 in various urban supermarkets. We offer it wholesale to retailers at an introductory price of N1000.
QUALITY, FRESHNESS & TASTE
A natural, unmixed, cold pressed palm oil product produced in Edo State. Hygienically packed and sealed at source to lock in freshness and taste.
Food Prices Explained
The prices of agricultural futures depend on a number of external factors – and these prices ultimately impact what consumers pay for food.
Geopolitical Conflict
Political unrest can disrupt productivity, impacting supply and commodity pricing.
Global Supply
Diminished or increased international production, or harvests, will drive global food prices.
International Trade Relationships
Government policies to support domestic production, can reduce international competition, limit supplies and impact prices.
Disease
Diseases can cause shortages in grains, which reduce food supply, resulting in lower demand.
Currency Fluctuations
Strength of U.S. dollar relative to other currencies means producers often need to adjust prices based on production costs in local currency.
Transportation
High oil prices can drive up the costs of bringing food to market and these costs are passed along to consumers. Transportation shortages can also raise prices.
Planted & Harvested Acreage
Farmland is being lost at an alarming rate due to farmer exploitation and other factors. When farmers plant on limited acres, pricing is affected.
Weather