In an era where his country’s primary source of revenue is petroleum and where most youths are laid down with employment, Abubakar Sadiq Mohammed Falalu is a beacon of hope among his peers.
Abubakar Sadiq Mohammed Falalu is the founder of Falgates, a firm that cultivates and mills rice. Falgates has a rice milling facility that can make 15 tons of rice per day and currently has a workforce of more than180 people in Kaduna state, Nigeria. The company revenue at one point was $400,000.
Abubakar Sadiq Mohammed Falalu has a degree in Management from Swinburne University of Technology, Australia and a Master’s degree in Entrepreneurship from the University of Nottingham Ningbo China (UNNC) in 2014.
Upon returning to Nigeria, Falalu, like every other entrepreneur, saw an opportunity in agriculture. He said Nigeria consume up to seven million tons of rice and only produces 2.7 million tonnes, leaving the country to expend more than $2 billion in importing it. “I always had an interest in farming, I remember writing in our high school’s yearbook under feature ambition that I wanted to be a farmer,” he explained.
Despite bagging degrees abroad, Falalu is very passionate about Agriculture and is always working towards providing a solution to the problems of feeding in Nigeria. He loves investing in human resource and aims to contribute immensely to making Nigeria a tremendous economic hub through diversity from Petroleum to Agriculture.
Forbes has recognized Falalu as one of Africa’s promising young business people in its Under-30 list amongst winning several awards.
He is one of his country’s new generation of innovative and productive entrepreneurs that are aiming to take the country to greater heights.
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