Poised to achieve conquering each continent one after the other, and eventually register our brand on the global scene.
Describe your relationship to the place you’ve selected.
Sagamu or Ishagamu is a conglomeration of thirteen towns located in Ogun State mentalong the Ibu River and Eruwuru Stream between Lagos and Ibadan, founded in the mid 19th century by members of the Remo branch of the Yoruba people in south-western Nigeria . The 13 towns that made it up are : Makun, Offin Sonyindo, Epe, Ibido, Igbepa, Ado, Oko, Ipoji,Batoro, Ijoku, Latawa and Ijagba. It is the capital of Remo Kingdom and the paramount ruler of the kingdom - Akarigbo of Remo's palace is there in the town of Offin. My hometown falls under this local government, hence its importance to my project. Moreso, I under the city and the people therein too well that we believe it to be the best option to kickstart our vision.
Describe the People and Place: Provide information that would be helpful for an outsider who has never been there and may have no context about this Place to better understand the area.
The Sagamu region is underlain by major deposits of limestone, which is used in the city's major industry, the production of cement. Agricultural products of the region include cocoa and kola nut, etc happen to be their hope. Sagamu is the largest kola nut collecting center in the country. The kola nut industry supports several secondary industries such as basket and rope manufacturing, which are used to store the kolanuts.
The city was founded in the mid-19th century when several small towns united for purpose of defense during the wars brought about by the fall of the Oyo Empire. Sagamu controlled the trade routes between the ports in the Niger Delta and the Yoruba mainland until the British occupied the city at the end of the 19th century. Sagamu has experienced both population and economic growth since the 1950s due to its position between the cities of Ibadan and Lagos. The population in 1995 was 114,300 but 2007 estimates place it as high as 228,382. The Olabisi Onabanjo University's college of medicine is located in Sagamu.
Sagamu (Offin - Ile) is the new seat of the Akarigbo of Remo ("King" or "Lord" of Remo), the traditional ruler of the Remo Kingdom. The former seat was located in a farther area of Offin. Four ruling families are eligible to wear the beaded crown of the Akarigbo, all descending from the first Oba, Akarigbo, a prince of the house of Oduduwa. The current Akarigbo of Remo land was installed and crowned as King in 2017. Notable areas within Sagamu are Offin, Itunshokun, Sabo, Makun,Ajaka,Makun Station, Isale-oko, Isote, Epe, Soyindo, Surulere, Ijagba, Ewu-Oluwo, Ogijo, Simawa, GRA, Ijokun, Batoro. Ijebu language a subdivision of Yoruba language is spoken in Sagamu. Their best food is Ebiripo, a cabohydrate gaining food that's is coined out from grinding cocoyam. It is a delicious meal indeed.
Challenges: Describe the current (2020) and the future (2050) challenges that your food system faces.
The current challenge our food system is facing is based on the fact that apart from insufficient financial resources to boost our vision, there are also not enough man power to invest in Agriculture as many agile and able youths are despirately in search of a white collar job instead of investing their time and strength into food sufficiency through the practice of agriculture.
Our future challenge as projected by our team of experts is the likelihood of us not being able to meet up with the quest for food, which may indirectly result into food scarcity/shortage if our current challenge is not well managed. To avoid this, we have started to draw a 20year financial plan for the sustainability of our organization, and realization of our vision. This plan is already on it's tenth year.
Address the Challenges: Describe how your Vision will address the challenges described in the previous question.
i. Insufficientf financial resources to boost our vision:
In tackling this menace, we have decided to be in search of oppotunities as this, to compete for grants and others. And this has been way helpful as just in 2019, our organization won a grant of USD5,000.00 from the Tony Elumelu Foundation. It is our hope that this event too will favour us.
ii. Not enough man power to invest in Agriculture:
To this, we have engaged ourselves in awareness (especially among the youths) on the importance of investing in Agriculture. And we also give room for employing more youths into our organization Ina bid to opening their instincts to agribusiness.
Future (2050) Challenge
The likelihood of us not being able to meet up with the quest for food, which may indirectly result into food scarcity/shortage if our current challenge is not well managed. To avoid this, we have started to draw a 20year financial plan for the sustainability of our organization, and realization of our vision. This plan is already on it's tenth year.
High Level Vision: With these challenges addressed, now provide a high level description of how the Place and the lives of its People will be different than they are now.
With these challenges addressed, the impact of our idea within our community is majorly food provision for both the workers working for us, and the the consumers of our products. It therefore implies that this business is blessing two sets of people- the workers who are regularly paid for job done, and the consumers who enjoy our products. For job creation in relation to her place of site, this vission is currently providing a means of living to over twenty-five beneficiaries (indirectly impacting over twenty-five families) who depend on us to pay them monthly. If the needed resources avail, we intend to increase our work force to benefit the community and country at large, and permanent some skilled workers who are currently on either casual or part-time agreement.
With respect to social development, as a developing business, we have not really been able to do much, but the little that benefits both parties. Present Return on Investment isn't that alarming as the interest paid on loans cart away almost all that ought to have been our profits in the business. And to reduce this interest, we at most times roll over our profits. Doing this reduces the amount of loan we go for, at our next production
Full Vision: How do you describe your Vision for a regenerative and nourishing food future for your Place and People for 2050?
An indigenous company, sot B-Square Co. was planned with the objective of enhancing the beauty of our environment with nature's free gifts of earthly materials.
To become one of the leading livestock producing brands, first in Ogun State and Nigeria, then launch out to the west coast of Africa, to conquer each continent one after the other, and eventually register our brand on the global scene. This we are poised to achieve with loads of hard work, commitment and high level business orientation.
To sell our produce in commercial quantities locally, nationally and internationally, To meet the demand of the ever increasing feed (fish and livestock) need of the growing population. We intend to have put in place by 2050 a livestock farming business that can favourably compete with other leading livestock farming brands, thereby becoming the foremost corporate organization in Africa that provides prompt and excellent livestock products and services to our esteem clients with very high professional standards and ethics.
Our objective in sot B-Square Co. is to provide quality service at all times, as we strive to meet our clients’ requests and requirements, and to improve the standard of running an agribusiness, more especially in the livestock industry globally, within the space of ten (10) years.
Unique Value Proposition:
Improve food security and reduce hunger through a well structured livestock grooming and safe products delivery system.
Our products and services includes...
1. Livestock farming/management: poultry, fishery, piggery, snailry, rabbitary
2. Gardeining/landscaping: beautifying the environment with aesthetics
3. General merchandise/trading: sale and supply of all agricultural produce, implements, and other agro-servives
We operate on the lifestyle principles below, and accept that we will be judged by our records to meeting highest standards at all times...
- Integrity: we committed to integrity and consistency in all our business dealings.
- Quality: we provide quality-guaranteed products, with perfect finishing.
- Trust: we believe that effective business relationships in-and-out the company are only with high level of trust among all. Due to space restriction, our other principles are:
- Teamwork: our products/services depend largely on a very solid teamwork among all employees-
Costing: our services are priced to giving the best lowest possible charges that are incomparable to none.
- Communication: working as a team, we are in constant touch and can be reached on phones at anytime.
- Pledge: just one deal with us and you will never regret your actions.
Ariculture being the major work of people in this area, we chose the adopt the earthen pond fish production style so to easily enlighten them on how economically easier and impactful it is to running an agribusiness.
This vision has helped in her capacity to reduce poverty due to joblessness as it currently harbours over twenty-five workers (casual and pamernent).
Also, our fish production and processing system is currently assisting the Government's Home Grown Program as we currently supply primary schools in about three local governments with processed cat fishes to ensure balancing their intake of protein in their meals.
Among the challenges facing this industry of agribusiness are:
i. Our weakness (and indeed our next milestone) is in the increase of our production of table-sized catfishes per cycle, so to cover larger regions of the globe within a short while. Though we may not have the required capital to pump into this project, by our 2050 projection we believe we will overcome this weakness should this plan receives your favour. With hard work, we intend taking this vission to a global height of competition within the next ten years and increase our adoption level by our target market just as we plan to increase our currently insufficient work force by employing more experts any sooner.
ii. Threats. Some of the threats and challenges that we face are mortality, cannibalism, pilfering, etc. However, since we are not new in the livestock business, we are fully aware of these short term challenges, and have put strategies in place to adopt effective checks on monitoring our fishes at every stage. An example of such strategies is a tight security put in place to curb pilfering.
Our non-consistent power supply: Irregular power supply at almost every time made us result to using generating sets to execute some tasks. To overcome this, our company needs to be equipped with a 6Kva generating set with enough fuel to power and run the generator (possibly) daily.
Economic instability: the unpredictable economic situation of the country which may at times affect the purchase and sales of resources and products respectively is another factor that hinders our vission. Hence we have to purchase needed raw materials in large quantities whenever the economy is favourable.
Last under this is the equipment (including the vehicles) which are subject to wear and tear resulting from constant usage, hence a stand-by independent repair company is required to carry out constant maintenance on them.