ABOVE Minister Karooro shares a light moment with Nsubuga shortly after emerging from the conference hall in Kampala recently.
AGT’s Nsubuga to venture into massive Bogoya plantation
By Kitts D.Mabonga
As the Covid-19 pandemic continues causing economic havoc across all sectors of the economy,some people are beginning to think outside the box by looking for new opportunities in terms of benefiting from the pandemic.
And among them brilliant such persons is the chief executive officer AGT technologies Mr.Erostus Nsubuga who told this website that he has learnt a big lesson during this lockdown after making losses in what he sells out and decided to shift to investing massively in the planting of matooke specifically bogoya.
DISCUSSING AGRICULTURAL ISSUES; Minister Vincent Sempijja on left chats with Nsubuga shortly after handing in his donation.
Mr.Nsubuga said he wants to plant bogoya on a 300 acre piece of land at Namawojolo in Mukono district as a deliberate strategy of diversifying his farm business incomes by exporting this product to the international markets such that when he looses on one side, he can benefit on the other.
He contends that investing massively in planting bogoya can effectively boost his incomes on the farm and used the opportunity to urge all Ugandans with idle land not to it sell it off but invest in agriculture because it will soon become a key income generating sector during the post Covid-19 era.
Mr.Nsubuga is one of the people that recently made a huge donation of over 34,000 high quality banana planting tissue to the national response fund to Covid-19 which was received by the minister of state general duties office of the prime minister Mary Karooro Okurut.
Mr.Nsubuga requested the minister to allow the banana tissues be donated to selected and well mobilized farmers among the districts such as Masaka, Mubende, Mityana, Wakiso, Mpigi and Mukono among others whose plantation would cover an 80 acres of land.
The donationwas worth 100m/= of which several ministers among them Vincent Ssempijja of Agriculture, Gen.Edward Katumba Wamala of works and transport and Karooro respectively collectively thanked Mr.Nsubuga for his wise vision of investing in the most precious commodity of all time which is food of which strategy they said was unique, strange but strategic offer which focuses at fighting future food insecurity.
GREAT INVESTMENT; Minister Okurut receives the cerificate of donation from Mr.Erostus Nsubuga as ministers Sempijja on extreme left and Gen.Katumba Wamala extreme right look on
The three ministers thanked AGT laboratories based at Buloba along the Kampala Mityana road for their strategic decision of donating garden material ready to plant saying it should be an eye opener to other would be donors who need to donate seedlings that promote farming activities.
Nsubuga in his submission said AGT is a subsidiary of AGT group of companies which is the first privately locally registered company to use biotechnology through tissue culture techniques for micro propagation of different crops on a commercial basis.
He told the ministers that his company with the capacity to produce up to 10 million tissue culture plants per annum depending on the crop type is the single largest crop tissue culture laboratory in East and Central Africa region today with capacity to offer all high quality crop tissue culture plants to both government and local large scale farmers in the country.