{"id":126697,"date":"2026-04-23T15:27:33","date_gmt":"2026-04-23T14:27:33","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=126697"},"modified":"2026-04-23T15:27:33","modified_gmt":"2026-04-23T14:27:33","slug":"agri-business-expert-decries-africas-raw-export-model","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/agri-business-expert-decries-africas-raw-export-model\/","title":{"rendered":"Agri-business: Expert Decries Africa&#8217;s Raw Export Model"},"content":{"rendered":"<div style=\"text-align: justify;\">By Torkwase Nyiekaa<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Chief Executive Officer of Davidorlah Nigeria Limited and Founder of Davidorlah Farms, Segun Alabi, has criticised Africa\u2019s continued reliance on raw agricultural exports, describing it as a major setback to the continent\u2019s economic development.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Alabi made the remarks on Wednesday in Abuja while addressing journalists, calling for a fundamental shift from the export of unprocessed commodities to the development of local value-added industries.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He warned that Africa\u2019s current agricultural model continues to trap the continent in a cycle of low value creation despite its vast natural resources.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cToday, I stand before you not just as a business leader, but as a voice for a continent that has given so much to the world, yet received so little in return,\u201d he said. \u201cAfrica is rich. Nigeria is rich. Yet our people are struggling.\u201d<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to him, the persistent export of raw agricultural produce has deprived African countries of jobs, industrial growth, and significant revenue opportunities.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He argued that the pattern of exporting raw materials and importing finished products amounts to exporting jobs and importing unemployment.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cFor decades, we have exported our wealth in its rawest form. We grow the crops, we harvest the fruits, we ship them out, and then we import them back processed and at higher prices,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Alabi described the situation as a structural economic problem that continues to hinder development across the continent.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He stressed that significant value is lost at every stage of raw exportation, noting that Africa fails to benefit fully from its own resources.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cWe are not poor because we lack resources. We are poor because we have not captured value,\u201d he added.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">To illustrate his point, he cited the example of pineapple production, explaining that value addition significantly increases economic returns.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cA single pineapple sold raw may fetch between $3 and $5, but when processed into juice, dried fruit, or pharmaceutical products, its value can increase five to ten times,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Alabi explained that this realisation informed the establishment of Davidorlah Nigeria Limited, which he described as an agro-industrial platform focused on value addition rather than traditional farming.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to him, the company is structured to integrate production, processing, and export of high-value agricultural products.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He said the model is designed to benefit multiple stakeholders across the agricultural value chain, including farmers, investors, and the wider economy.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cWe are building a system where farmers earn more, investors gain returns, Nigeria earns foreign exchange, and Africa builds industrial strength,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Alabi further warned that failure to adopt value addition could worsen unemployment, weaken food systems, and increase dependency on imports.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He called on government at all levels to support agro-processing infrastructure, improve access to financing, and promote export-friendly policies for local producers.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cWe need policies that support agro-processing, export facilitation, and access to finance. Supporting companies in this space is supporting economic transformation,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He also urged investors to shift focus from raw production to value chain development, describing it as the future of agriculture.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe future of agriculture is not in raw production but in value chain processing and export,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Alabi maintained that Africa is not poor in resources but in value capture, adding that the continent must begin to process what it produces in order to truly prosper.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe time has come to stop exporting our future, our jobs, and our wealth. The time has come to process, produce, and prosper,\u201d he said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He concluded that agro-industrialisation remains key to unlocking Africa\u2019s economic potential and repositioning the continent in global trade.<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Torkwase Nyiekaa The Chief Executive Officer of Davidorlah Nigeria Limited and Founder of Davidorlah Farms, Segun Alabi, has criticised Africa\u2019s continued reliance on raw agricultural exports, describing it as&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":126698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-126697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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