top of page
Writer's pictureAdmin

How pork can provide solution to unemployment saga

There is a wide range of opinions with respect to jobs in Nigeria; the availability of jobs, employment rate, employable youths, economic circumstances that influence corporate organizations and the role of the government in the creation of jobs. Some arguments support the notion that the responsibility of job creation lies within the society, the indigenes of a country should come up with solutions that answer the question of employment generally.

In recent times the government has implemented public-private partnership schemes, a cooperative arrangement between two or more public and private sectors, typically of a long-term nature to provide opportunities for job creation, the quest for jobs still remains high. Rare collaborations between private organizations with a focus can be another point of reference, opportunities avail themselves in education, health, power and most importantly in Agribusiness.

PorkMoney – a business in the agricultural sector, setup to provide private-public partnerships to individuals, allowing them to own a share of a pig farm with investment returns after a timely period of 11 months, has built its business model to include partnership with Oke-Aro Pig farms, reportedly Africa’s largest pig farm with a turnover of over N5Billion in sales of Pork annually. The approach PorkMoney has invites the general public to subscribe to a plan that allows a partner own a number of pigs, cater to its maintenance and eventual sale, which would then return profits that could be as high as 35% depending on the level of the partner’s commitment.

The process involved in the care and daily maintenance of the pigs and their habitats will require trained hands, providing jobs for a wide spectrum of professionals across different fields of study. PorkMoney will primarily employ the services of veterinarians and farm handlers to help with the entire process of farming the pigs using industry standards from the feeds to the construction of the Pen and how the pigs are being treated. Essentially, PorkMoney will need Accountants and Book keepers, Human Resource Personnel, Sales and Marketing personnel, Legal advisers, a Logistics and procurement team, financial advisers, a Communications team and other qualified professionals to attend to various aspects of the business.

CEO and Founder of PorkMoney, Folorunso Muyiwa, has been in the business of creating lucrative jobs for over a decade having run operations in countries like Kenya, Togo, Cote D’Ivoire, Nigeria and recently Ghana – through the PorkMoney venture. With experience in Real Estate, E-commerce and transportation, Folorunso posits that Agribusiness has the most potential to provide job opportunities and boost economic growth. PorkMoney predicts a workforce of over 10,000 workers as it launches its execution plan come June 4, 2018, a number that will likely increase as the partnerships grow.

It is therefore evident that a partnership with PorkMoney will not just serve as a business venture for the investor, but will also be a direct solution to the plague that is unemployment in Nigeria. It is also a direct contribution to food supply and overall health for consumers of Pork; some parts of Pork are said to be healthier than chicken.

Unemployment is one of the vital issues affecting Nigeria’s economy and it’s public. National Bureau of Statistics (N.B.S), as at January 2018, shows that 7.53 million out of the labour force of 85.08 million are unemployed due to non-availability of jobs; and in the third quarter of 2017, 18.80% were unemployed showing that 16 million Nigerians were unemployed at a point in time.

1 view0 comments

Comments


bottom of page