It must be stated that even though the country has witnessed substantial increase in food output volumes in the last three decades through remarkable improvement in poultry, staple foods and fisheries production. These growths however, have not matched the rising food demand situation, sequel to the high population growth rate in the country. As a result of this, there exist high prevalence of protein energy malnutrition, nutrients' deficiencies, related diseases, rising food import bill and a general reduction in labour productivity. To address this problem, urgent action is needed to spearhead further investments in agricultural production in all its facets.
FATGBEMS Group of companies is a giant in the Nigerian oil and gas industry specialising in the marketing of petroleum products as well as tyre marketing spanning 29 years of profitable, goal oriented, excellent and expansionary business development.
The idea of establishing FATAC became expedient not by the dwindling economic fortune of the country as occasioned by the declining price per barrel of crude oil in the world market but by displaying her formidable strength as a dependable partner in the Nigerian economy and in particular the agricultural sector, with a view to key in into the current objective of the Federal Government to shift from the monolithic economy and revamping specialised agricultural production that boasts of the earlier capability of the country as a world renowned agricultural nation.
Mission The proposed vision of FATAC is "To become a leading agro-allied company that combine unique and extant principles and practices to feed Nigeria and the world"
Vision •To be a leading domestic and international agricultural producer for the purpose of wealth creation and poverty alleviation •To break new grounds in technology-driven agriculture through excellent, value-added and environmental friendly production to stimulate employment and boost the economic development efforts of the Federal Government of Nigeria
Core Values of FATGBEMS Agro-Allied Company
Objectives of FATGBEMS Agro-Allied Company
To serve as a repository of food production that demonstrates capability to feed Africa in particular and the world in general
To engage in agricultural production as a contributor towards boosting the gross domestic product of the country.
To set up agricultural ventures on a commercial basis that shows an enviable track record of profit sustainability and wealth accumulation
To engage in agricultural production as a diversification option for economic prosperity and financial security.