The FT profiles Wellington Baiden founder of Portal Wood Processing:Growing timber requires decades of patience, so Mr Baiden has developed a range of schemes aimed at harnessing a cornucopia of forest products to generate income before the trunks are felled. Apart from the oils extracted from ylang ylang, black pepper, patchouli and lemongrass growing in the shade, he plans to build up eco-tourism, sell carbon credits generated as his saplings absorb greenhouse gases and offer stakes to fund managers who believe growing Asian demand will drive timber prices ever higher...[continue reading]
via Naija Blog
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