AGRICULTURE
Nigeria’s population– 203 Million with population growth rate of 2.3%, an estimated 4.5 million are born annually that must feed three meals daily. National Budget on Agriculture annually represents 2% of the National Budget of which estimated 0.5% is for recurrent expenditure. Capital Expenditure represents 1.5% of Total Budget. Nigeria has 20million unused arable land with barely no farming or livestock activities. Food wastage and absence preservation mechanism has thrown up the need for increase private sector presence an Honking Global Limited is providing services as well as consulting across the upstream and downstream subsector.
Core specialization are in food crops and cash crops. Our specific focus includes Rice, Tomatoes, Pepper, Soybean, Sesame Seeds, Maize, Citrus and Oil Palm across the middlebelt States and southern Nigeria. Our other interest is in the setting up of a sugarcane plantation across its value chain. Honking Farms alternative source of income generation is Snail and livestock farming.