Harmlessly walked into a conversation today about tractors and equipment in Nigeria , how long term leasing and providing favorably terms of acquiring equipment .
How equipment firms can leverage on their relationships with major firms on supply and acting as partners in growing capacity and higher returns per hectare .
Looking forward to being an ambassador of red teams .
The agric space in Nigeria has been ripe for years , we haven’t even scratched surface , sitting on a $300B market and were barely at $4B .
60% of the available cultivatable arable land in the world is in Africa , 13% of it alone is in Nigeria , not forgetting that our yield per hectare is a fraction of what our neighbors see .
Market prices vary , whatever you’re doing , make sure you benchmark against the international prices , if you can’t , you ain’t ready to deal in the market . Selah
My team .
Everyone says JD , I’d rather go with CaseIH and MasseyFerguson, much easier sourcing parts and the fact that with the latter their spec levels are standard worldwide.
You can follow @borie_nla.
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