Agrichainx will help Nigerian farmers access finance and tools

The Nigerian agricultural company, Agrichainx Innovative Technologies Limited, reaffirmed its commitment to improve the quality of agricultural production in Nigeria through the application of modern technologies, access to finance and tools.

The Managing Director of Agrichainx Innovative Technologies Limited, Dr Dodfrey Otoaye, made this commitment this weekend during the awards ceremony of the Agrichainx 2021 conference in Abuja.

Otoaye said the company chose the theme for the conference: “Repositioning Agriculture Through Blockchain Technology in Africa” is in line with the company’s vision of connecting farmers to market, access to finance, tools and chemicals.

He said that over the years they have grouped farmers into cooperatives in Nigeria and 15 African countries, finance them and after harvest, help them sell their products to processors and other users.

He said the farmers were helped with good seedlings to enable them to get good harvests.

“We are using technologies to help farmers be efficient using four vital technologies: AI, Internet of Things, Big Data and Blockchain.

With these technologies, it reduces many of the challenges that farmers face on their farms, ”he said.

Otoaye said Agrichainx provides an employment window for youth across the country by training them to work as extension workers to farmers who need to be educated on soil texture and the application of agricultural inputs. .

Also speaking on the sidelines of the conference, Agrichainx Country Partnership and External Relations Officer Peace Nwanyioma said women farmers have benefited from the cooperatives formed by Agrichainx, stressing that all women need to do is cultivate and worry less about the market, “we bring buyers for their products”.

Silicon Valley investor Ms. Amina Ajayi said the use of technology in agriculture is changing the narrative of agriculture. She urged young people to avoid violence and engage in agriculture, which is the country’s next gold mine.

Speaking at the event, Agrichainx Ambassador King Tonto Dikeh, a farmer, urged young Nigerians to get into farming as his five-year stint in herding has paid off.

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