Nigeria's youth unemployment rate particularly graduate unemployment (30% by very unreliable official government statistics) but which could be anywhere above 40% or even more is a ticking societal time bomb. The crude oil common wealth has been effectively hijacked by the corrupt political and millitary class leading to all forms of youth restiveness and violent agitations from Boko Haram, to Niger Delta insurgency and now IPOB. Castor Bean farming with its high dollar income is the paliative
Youth unemployment is grossly downplayed in Nigeria. 30% according to the official statistics but its well over 60%, this is clearly evident in the increased and continued youth restiveness in the country. Ranging from Niger-delta unrests, Boko haram and most recently IPOB. You can easily see the effects of poverty and hopelessness in the activities of the women and youths of this Nation as they hussle perpetually for their sustenance daily.
ACAF provides free sensitization and training to prospective women and youth castor farmers on the cultivation of castor beans and the processing of its oil. Access to funds for procurement of the best high- yield and early maturing Castor seeds variety. Access to the Off-takers to international off-takers eliminating middlemen and guaranteeing full income to the farmers in US Dollars. Beneficiaries become cluster leaders expanding this knowledge and breaking the poverty cycle in Nigeria.
The project will educate and empower at least 100 women and youth certified Castor beans farmers to cultivate and own an acre of Castor beans farm which will produce 2.9 tons of castor beans every year. The proceeds from the farm will help provide for their families' health and well-being.