Sunday, October 25, 2020

AMO Group Launches Natnupreneur Seller Scheme

In a bid to readily ease the accessibility of healthy chicken in the country and to ensure profitability for retailers, Amo Group has introduced a new scheme called Natnu Preneur Seller.

In a bid to readily ease the accessibility of healthy chicken in the country and to ensure profitability for retailers, Amo Group has introduced a new scheme called NatnuPreneur Seller.

Accredited Management Organization (AMO), owners of natnudo Foods Limited, Amo Byng Limited, and Amo Sieberer Hachery Limited says the scheme will help chicken retailers to amass as much as 30% profit from every kilogram of chicken sales they make.

Mr. Gbolade Adewole, the Coordinator of natnuPreneur Broiler Outgrower Scheme, said that the scheme have been tested over seven months and now ready to launch.

“For natnuPreneur seller scheme, we noticed that we are okay on the supply side, at least for now. Currently, if we want to do 50,000 chickens daily, there are farms to do it, there are processing plants to process it and there are storage rooms to keep them” says Mr. Gbolade Adewole in an interview.

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He further stated, “With the experiment cum pilot completed, we are confident that the natnuPreneur seller scheme will also record successes similar to those achieved with the farming side of the business, thereby completing our loop”

Mr Adewole, while highlighting the importance of the scheme, He said: “So, revenue on input alone will be about N900b if we were producing 100 per cent of what we consume, since we are producing 30 per cent of N900b; that means we are losing N600b that cannot be done here. For example, people are opening feed-mills all over Nigeria, which has brought about competitiveness among market forces, which is good for the farmers. However, it also means that some people will be knocked out of the feed market despite all the investments they have made. The ripple effect is what is more dangerous like job loss.”

He concluded that there will be a huge boom in employment opportunities if Nigerian farmers are allowed to grow what we consume.

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