Man Resigns From His Lucrative Jobs, Returns to His Village for Farming, Now Makes 20x His Salary
- A smart and hardworking man took a bold decision to leave a lucrative job and return to his village
- When he did not many people believed in him but the opportunities were too glaring for him to ignore
- Today, he owns one of the fastest-growing food production companies in his country while making 20x more than his salary
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A Namibia man, Eben Ngula resigned from his job in one of the most lucrative food production companies in his country and relocated to his village to harness opportunities wasting away.
He was born in Ondangwa, a town in northern Namibia known for its waving mahangu heads before harvesting in May or June of each year.
Mahangu is a tough and drought-resistant pearl millet (a cereal grain in the grass family) native to the region.
Ngula saw that while his people enjoyed bountiful harvest, and have always looked to sell to local millers to make flour.
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How We Made it Africa reports that he saw the enormous potential in milling and decided to provide a solution.
His experience as a production manager for Namibia Grape Company helped made the idea clearer and so he resigned.
In June 2020, African Grain Millers was birthed
What his company does
African Grain Millers receives its supply of mahangu from the local farmers in the community.
These growers approach the company, which then sends someone to evaluate the size and quality of the grain before agreeing on a price for the purchase.
Some of the growers bring their grain to the warehouse facility where the processing takes place and African Grain Millers also uses its own vehicles to collect the procured product.
It cleans, grinds and mills the mahangu and packages it for delivery to the retailers and agents.
His company is now one of the most sought-after and registered with his country's agriculture ministry.
Femi Otedola, First Bank owner, makes N400m in one day
Legit.ng has reported that billionaire businessman, Femi Otedola became N400 million richer in a single day, thanks to his majority shares in First Bank Holding Limited.
Otedola gained the amount in a single session on the Nigerian Exchange Limited, as investors rallied up top banks’ shares after the trading day.
The serial investor and Chairman of Geredu Power Plant currently holds the majority stake in First Bank Holdings Plc. His shares in the top Nigerian bank stands at 2.7 billion in total shareholding which represents 21o billion in direct holdings and 2.5 billion issued shares of the company.
Source: Legit.ng