Stakeholder Enumerates Billion Dollars Opportunities in Moringa Farming Business

Stakeholder Enumerates Billion Dollars Opportunities in Moringa Farming Business

 

The Managing Director, Eden Moringa, Mr Michael Ashimashiga, has said Moringa value chain has become a money spinner which is capable of generating monthly income for a farmer who cultivates just one hectare.

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Ashimashiga said Nigeria can earn more than N100 billion annually from farming and processing moringa.

Ashimashiga, while speaking with journalists in Abuja during the official unveiling of E-Moringa products, said with moringa, Nigeria can take care of its unemployment and poverty challenges.

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He said Eden Moringa recently got NAFDAC numbers for its four products – E-Moringa Tea, E-Moringa Powder, E-Moringa Cake and E-Moringa Oil.

“These products are among the best in their categories. We are very much committed to best quality because we know we are dealing with human health,” he said.

He, however, urged Nigerians to go into moringa farming to be able to feed the factory with enough raw materials noting that moringa farming is one of the most profitable ventures one can go into.

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“Our factory here needs at least two million farmers to feed it with raw material. If we can get two million people properly engaged in moringa farming, this country will be saying goodbye to unemployment and poverty.

“I can assure you that cultivating one plot of moringa is like cultivating 20 plots of rice because what one plot of moringa will give you, 20 plots of rice will never give you that. For instance, one plot of moringa gives you N50,000 every month, one hectare will give you N500,000 every month.

How many hectares of rice can you cultivate to generate N500,000 every month for life?”

He said moringa can earn Nigeria more revenue than oil as an export product if only the government can encourage the youths to go into Moringa farming as a way of keeping them engaged and away from crime.

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Earlier in his speech, National Coordinator of Moringa farmers, Dr Shuaibu Adamu, said everything about moringa is about wealth creation and the advancement of the wellbeing of the people in terms of good health.

“All we are doing here is about wealth creation and the advancement of healthy living. We now have license to export these products from this factory to any part of the world. As we speak, four products of Eden Moringa have been licensed by NAFDAC and for us to effectively feed this factory with raw materials, we need millions of farmers to go into moringa farming”, Adamu added.

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