The Business Incubation Platform (BIP) of the International Institute of Tropical Agriculture (IITA), Ibadan in its efforts to make feeds more available to the livestock farmers that specialize in fishery, poultry and piggery has commenced 13 weeks training on Insects for feed for some agribusiness entrepreneurs selected across the country.
He said, “Of course there could have been some bit and pieces done around it before but this project is bringing a more structure approach into insects for feed project in Nigeria and this is supported by the Dutch government and NGN and they’re doing what we called proof of concept within IITA to understand weather it’s technical viability, it is economical viability and venture assessment as well and when all these are known then we can ask the private sector to start engaging.”
“So, what we’ve done as far as we are concerned in IITA through the incubation system, we have done the technical viability and we know is viable, we have done the economical analysis and we know is economical, now we’re training the entrepreneurs who are like the first pilot that will be the venture owners of this business within the state and when we’ve seen how they’ve grown, then it becomes a project that will be expanded beyond this space. This project will surely address some of the problems our livestock farmers are having with feeds now, this project would complement it, because this is a materials that is also use in feeds that could replace some other materials and that’s one of the major advantage. Feeds has become a major problem in Nigeria now especially for the poultry industries, this is going to complement it and reduce the high cost of the feeds.”