In VC4Africa, a pitch from Olumuyiwa Akin-Ogundeji founder of TELIOS Trading.
There is a 250,000 MT/per annum shortfall in the supply of oil palm products in Nigeria. This shortfall is presently valued at $250 Million. Despite having sufficient land and farmers to meet this shortfall - it is not being met! Our intent as a social enterprise is to organise and lead small holder oil palm farmers in communities and villages across the oil palm producing region of Nigeria to fill this gap within the next decade, while transforming the socio-economic realities of these farmers and their communities.
Oil palm products include Technical/Special Palm oil , Palm kernel oil, Palm kernel cake and Palm kernel sludge. These products have a wide range of domestic, commercial and industrial food/non food uses and find a ready market domestically and internationally.
We need $250,000.00 to start this transformation with our first community mill and farmers association.
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