UNILAG Graduates Innovate 'Straddle' App to Revolutionize Agricultural Commerce
Omitaomu Basit, the founder of the app, described 'Straddle' as an information hub providing easy access to the latest agricultural news and real-time updates on commodity prices in the market. The app aims to address challenges faced by farmers, traders, agricultural merchants, exporters, and the manufacturing industries.
In a groundbreaking move, four graduates from the University of Lagos have launched an agricultural app named 'Straddle' designed to transform the landscape of agricultural commerce. This application serves as a platform where farmers can efficiently sell their agricultural commodities to both end-users and manufacturers.
Omitaomu Basit, the founder of the app, described 'Straddle' as an information hub providing easy access to the latest agricultural news and real-time updates on commodity prices in the market. The app aims to address challenges faced by farmers, traders, agricultural merchants, exporters, and the manufacturing industries.
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The key features of 'Straddle' include:
1.Commodities Marketplace: Integration of a marketplace for buying and selling agricultural commodities.2
. Real-time Agricultural Information: Providing up-to-the-minute information on commodity prices and market trends.
3.Dynamic Commodity Price Board:Ensuring transparency by offering real-time pricing information.
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Omitaomu Basit emphasized the necessity of 'Straddle' in overcoming challenges related to raw materials pricing, sourcing, and accessing real-time information within the agricultural sector. The app strives to empower farmers by minimizing post-harvest losses and directly connecting them to the market.
The lack of price transparency in the agricultural market has been identified as a significant obstacle. 'Straddle' aims to address this by providing a unique price aggregation model, facilitating easy market access for both farmers and procurement managers. The founder expressed optimism that 'Straddle' would redefine perceptions of the agricultural value chain in Nigeria and beyond.
In a bid to contribute to risk reduction in agro-trading, the app focuses on providing farmers with timely access to markets and industries with raw materials at the right time and at the right price. 'Straddle' emerges as a transformative force, offering solutions designed to revolutionize agricultural procurement and information sharing.
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This initiative showcases the potential of technology to positively impact the agricultural sector, enhancing efficiency and connectivity for all stakeholders involved. 'Straddle' stands as a testament to the innovative spirit of Nigerian youth contributing to the development of the agricultural landscape.