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>>the Hidden Business Opportunities In Agriculture << by dav8id(m): 11:52pm On Jun 28, 2016
The other day I read a quote from Prof. Wole Soyinka. It goes like, “I wish my country never had oil, we`ll have been a better country than we are today”

Before oil was discovered, agriculture in Nigeria was booming, that was the gold we had.

However as we discovered honey, we threw away the beans cake. Though honey is sweet, it`s cake that can best quench our hunger.

Before the civil war in Nigeria, our country had more than enough food to take care of its citizen. From 1973 however, things started changing (for bad).

Even though over 70% of our land is arable, Nigerian youths are not encouraged to see farming as business. Instead, we all grew up and dream of working in a bank hall.

Even now that “good jobs” are dead, most people are still ignorant of the potential in agribusiness

We need an urgent re-orientation!

We have to start seeing farming as business and blood of our nation.

In those days, cocoa was the gold (and largest non-oil export) for Nigeria, mostly from west, yam and cassava was much in south and sorghum, millet were much from north.

So were rubber, maize, melon, cashew nut, sesame, groundnuts, palm kernels, palm oil, plantains, rice, soybeans etc.

Aside all these, Nigeria is blessed with a favourable soil and climate condition that can accommodate crops such as onion, carrot, cocoa yam, pear, potatoes, okra, vegetables, beans and so much more.

But we rely on oil.

Now, we`re in trouble. More countries of the world are discovering oil, so the oil`s demand is falling with its price.

Don`t let me spend my time talking here about how neglect of agriculture affects us as a nation, since I know you may not have much interest in that. Instead, I’ll discuss various business opportunities in Nigeria Agricultural sector.

You have options to choose, whether you`ll love to go into agribusiness (business of agriculture) as a crop and plant farmer or as a livestock farmer… rearing animals for commercial purpose

Either of this can be done with modern agricultural tools and implements. Either of this can be done in large and profitable scale.

For instance, you can start and grow a profitable plantain farm, cassava farm etc.

You can go in to poultry business or fish farming… the opportunity is limitless.

5 secrets you have to understand

*Farming is a business.
Farming could be a profitable business in Nigeria, if you understand it to be a “business”. The first problem we have about encouraging Nigerians to embrace farming is that, most people see agriculture as a very dirty thing. How did we arrive at this mindset?

Because our forefathers were subsistence farmer. They were poor and dirty. This has made us to have a wrong conclusion about the whole concept of farming.

The good news is, farming can be a source of wealth for you. There are now many commercial farmers who are wealthy.

*Farm produce will always be of high demand.
Business world is unstable. A product that rains today may be nothing tomorrow, but farm produce is different. People must continue eating three times each day, and since we only have certain limited numbers of food, we have to eat the same foods week after week.

If you`re like me who like banana and orange, you will not resist banana or orange because you ate them yesterday. People who love water melon, carrot, beans, rice, yam, plantain, cassava products, etc. will not say, “I bought this last week, so I won`t buy again”.

Most of us eat fish or meat every day, so cow price will surely keep on increasing. Catfish must continue selling, Titus and other fish in Nigeria must continue selling. Poultry birds, chicken, turkey, etc. will always have market demand.

If you understand this fact, you`ll be encouraged to go into farming business as a Nigerian.

Nigerian population is increasing at alarming rate.
I wish I could stop it, but I cannot. Lol.

As at the time of writing this tutorial, Nigeria is the 10th biggest country in the whole world (with our population as over 172 million). Wow! We`re in a mighty country. But that`s not all, by the year 5050, Nigeria is projected to be the 3rd biggest country of the entire world.

*What does this has to do with agriculture in Nigeria?

Well, the more population there is in a particular environment, the vibrant the agribusiness will be. Se people no go eat?

People can be poor and not buy clothes. They can be poor and not buy cars. People have to buy food, fish, and meat. This understanding is enough to encourage you to go into agricultural business.

*Governments are now aware of the importance of agriculture.
Yes, they may not be granting enough loan as expected. They may not be sensitizing youths as expected, but they are reducing the saturation of the market by importers. Believe me, as this trend is going, very soon, you can expect more and more government`s policy to favour agricultural businesses in Nigeria.

The reason is because government is now seeing that agribusiness is one of the ways by wish we can reduce the rate of the unemployment in our country and to do this, we must restrict importation of the likes of chicken, fish, cassava products etc.

*Most people are yet to discover the great potential in agribusiness.
School has deceived us to believe in “good job” and that deception is so deadly that even when it`s so apparent that good job is no more, our universities are still brainwashing our youths to love job.

Think plan B.

The Country is already into a hardship stage...

Agriculture pays. Do it now...invest in agriculture..

Join us here https://www./AGROBUSINESSNETWORK/

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Re: >>the Hidden Business Opportunities In Agriculture << by mascotblaze(m): 8:22am On Jun 29, 2016
Amazing piece..... Thanks for sharing
Re: >>the Hidden Business Opportunities In Agriculture << by dav8id(m): 8:50am On Jun 29, 2016
mascotblaze:
Amazing piece..... Thanks for sharing

you're welcome
Re: >>the Hidden Business Opportunities In Agriculture << by Adegbem01(m): 10:20am On Jun 29, 2016
Farming is a good business even in Nigeria but until government or association come together and solve price and price regulation.... Farming will always remaing discouraging
Re: >>the Hidden Business Opportunities In Agriculture << by dav8id(m): 10:49am On Jun 29, 2016
Adegbem01:
Farming is a good business even in Nigeria but until government or association come together and solve price and price regulation.... Farming will always remaing discouraging

that's your take.

I see no way government price regulation will work in time of farming ..

those that see farming as business are already doing it and it pays...

my prayers is. you too will soon see farming as business...

remember, you can also trade in farms produce too...
Re: >>the Hidden Business Opportunities In Agriculture << by Adegbem01(m): 5:25pm On Jun 29, 2016
dav8id:


that's your take.

I see no way government price regulation will work in time of farming ..

those that see farming as business are already doing it and it pays...

my prayers is. you too will soon see farming as business...

remember, you can also trade in farms produce too...

I just finish my nysc this already into farming already vegetables like watermelon cuccumber and sort... Farming is better than unemployment but at the same time farmer are just like grass where two elephant (raw material producer and middle men) fight (making there own ends meet)
Re: >>the Hidden Business Opportunities In Agriculture << by joys4real: 7:29pm On Jul 12, 2016
Please Nairalanders, I have up to 632 hectares of farm land (Benue state) on which I have a relatively small plantation of cashews,gmelina and teak trees. We will harvest more than 3 tons of cashews next year, but would like to expand to cover the entire land, and more(up to 1000 hectares).
I am aware that some companies and foreigners,as well as us(Nigerians), are looking for an opportunity like this to partner, could you kindly give me details of any one you know? (Israelis,Indians and Chinese are welcome)Any information will help.
P.S We are looking at exporting cashews next year.
Re: >>the Hidden Business Opportunities In Agriculture << by Helena6(f): 7:31pm On Jul 22, 2016
joys4real:
Please Nairalanders, I have up to 632 hectares of farm land (Benue state) on which I have a relatively small plantation of cashews,gmelina and teak trees. We will harvest more than 3 tons of cashews next year, but would like to expand to cover the entire land, and more(up to 1000 hectares).
I am aware that some companies and foreigners,as well as us(Nigerians), are looking for an opportunity like this to partner, could you kindly give me details of any one you know? (Israelis,Indians and Chinese are welcome)Any information will help.
P.S We are looking at exporting cashews next year.

Have you checked if you can get Agric Finance under any of the
current FG schemes?
Have you done a full farming cycle before? If yes, check Stanbic IBTC I am aware they are strong in Agricole Financing but do not like green field projects

1 Like

Re: >>the Hidden Business Opportunities In Agriculture << by Ltrust(m): 3:55am On Aug 25, 2016
Business opportunities abound in agricultural commodity processing. You can process sheanut to crude sheabutter and even further to refined sheabutter. There is already market for processed sheabutter in Nigeria and European countries.The raw material is sheanut and it is abundant in states of Kwara, niger, oyo and kebbi states. Locating your production plant closer to the shea states will be a comparative advantage. Return on investment is over 80%. Extraction rate is about 34%. Note that one(1) Metric ton of sheanut(raw material) goes for N60,000 while crude processed sheabutter is N300,000 per ton. Investing in shea processing business either in small scale, medium or large scale will not just be very profitable but a wise investment./07033097160.
Re: >>the Hidden Business Opportunities In Agriculture << by ssolaoye: 1:45pm On Jan 02, 2019
What are the best agricultural and farming business ideas to start in Nigeria in 2019?

The agricultural sector is one of the most flourishing sectors of the Nigerian economy. With proper strategic planning, any individual having basic knowledge of farming and manufacturing operation can start a profitable agriculture business.

You don’t need a huge capital or farmland to get into the agriculture business. If you have a little piece of land in your backyard, you can still plant some crops in small or vertical containers to get the most out of your space.

In this post, we shared a list of most lucrative agricultural and farming business ideas that anyone in Nigeria can start in 2019.

https://invoice.ng/blog/farming-business-ideas-in-nigeria/
Re: >>the Hidden Business Opportunities In Agriculture << by bilag17(m): 2:12pm On Jan 02, 2019
Re: >>the Hidden Business Opportunities In Agriculture << by Bounce9533: 9:34am On Mar 08, 2022
Contact Bosun Agricbusiness and consultancy on 08125482557 or email {Tiamiyuoladayo@gmail.com} if you're interested in venturing into either of crop production or animal husbandry business.

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