A lecturer at the School of Media and Communication, Pan Atlantic University, Dr. Austin Nweze, has said most agropreneurs fail because they do not run their ventures as businesses.
Nweze was speaking in Lagos at a stakeholders meeting, with the theme, “Financing options for entrepreneurs in the 21st century.”
The event was organised by the Nigerian Export Promotion Council (NEPC), in collaboration with Commonwealth Secretariat (COMMSEC).
“Agriculture is 90% science and 5% work but the reverse is the case here. So we need to apply science to our agricultural practices in Nigeria so we can plant our crops regardless of the season,” said Nweze.
Speaking with AgroNigeria at the venue of the event, the President, Nigerian Association of Small and Medium Enterprises (NASME), Degun Agboade said as long agropreneurs have good business ideas, the association can lend a helping hand.
“We do not guarantee loans for any entrepreneur who seeks funding for their businesses, but we help them to get close to where they are going as long as they have a good business plan, and if it is of good standing, NASME can stick out its neck to help them.”
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