FOUNDER NACCIA

The founder Barrister Felix Okonti is a practicing farmer with over 155 acres oil Palm Plantation in Igbesa, Ogun State and 755 Hectares of Cassava, Soya Beans, Peanut (Groundnut) (Cashew 75 Hectares and Grains farm in Ejiadongari in Moro LGA of Kwara State. He also owns the first Indigenous Crop-specific and Soil-specific Fertilizer Plant at Aleto-Eleme, Port – Harcourt, River State. The same Fertilizer Plant pioneered first Organo-minerals fertilizer brand, it also produces Organic fertilizers and pioneered Zinc Sulphate brand fertilizer production in Nigeria. He owns the first and only Diamonnium Phosphate (DAP) and Monoammonia (MAP) fertilizer production plant in Nigeria. He produces triple Super Phosphate (TSP) and Single Super Phosphate (SSP 18%) P205 Fertilizer in Nigeria. The founder was stimulated by performance of Israel Kibbutz System and outputs, a situation where a Kibbutz turns over 28 Billion US Dollars annually, and has its products in 122 countries. On return from Israel, he further attended World Agribusiness Forum Kinsasha 2015 Conference and workshop in Kinsasha (Congo DR) where it was evident that Nigeria lacked the necessary platforms for its agriculture to play on the global scale. Our farmers do not reach the minimal threshold for commercial success. There is very low investable capital compared with their American and European counterparts in starting out agriculture ventures signals “commercial death of Nigeria Farmer or Commercial Agro Venture from the beginning. Similarly, Rabo Bank of Netherlands, owned by farming cooperatives in a meeting with the founder stressed the inability of Nigeria to tap into its over 400 Million Euros worth of financing set aside for Africa for lack of relevant documentation, poor structure, lack of financials and records coupled with very poor or non-existent corporate Governance. On return, further talks and discussions led to his coming up with the concept of National Co-operative for Commercial and Industrial Agriculture (NACCIA).