Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? - Agriculture - Nairaland
Nairaland Forum › Nairaland General › Agriculture › Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? (246 Views)
| Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 4:10pm On Mar 11 |
Nigerians in Diaspora — Are You Building Back Home or Just Sending Money? Many Nigerians abroad work extremely hard. UK. Canada. US. UAE. Remittances into Nigeria are billions yearly. But here’s the question: Are you building productive assets back home, or just sending money monthly? Sending money is good. But assets multiply impact. Farmland — especially perennial crops like Cocoa Plantation and Oil Palm — is one of the easiest diaspora-friendly assets because: • It doesn’t require daily presence • It has long lifespan • It can be professionally managed • It appreciates with land value Diaspora Nigerians often invest in: Houses Shortlets Urban land Which is good. But rural productive land is still undervalued. And here’s something important: Global cocoa demand does not depend on Nigeria’s local economy alone. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by SuprymBean: 5:26pm On Mar 11 |
Hmmm. Some aren't they want us to perish 1 Like
|
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 6:08pm On Mar 11 |
SuprymBean:I think the situation is a bit more complex than that looking at your comment and more importantly the caption on the graphics you attached along your comment. You see, many Nigerians abroad didn’t leave because they hate Nigeria. Most left "japa" because they were searching for stability, better systems, and opportunities for their families. At the same time, migration doesn’t necessarily mean someone has to completely disconnect from building assets back home. In fact, if you look at countries that developed rapidly in the past few decades, diaspora capital played a huge role. For example, many overseas citizens of India, Vietnam, and China [/b]invested heavily back home while living abroad. The real question may not be “japa or stay?” It may actually be: [b]“While living abroad, what productive assets are you building in Nigeria?” Sending money to family helps in the short term, but building income-producing assets is what creates long-term stability for future generations. Historically, some of the most durable assets Nigerians have built locally include: 🔷farmland and plantations 🔷manufacturing ventures 🔷real estate development These are things that continue producing value whether the owner is in Lagos, London, or Toronto. So perhaps the more useful conversation is how Nigerians — both at home and in the diaspora — can participate in building productive sectors of the economy, especially agriculture, which Nigeria once dominated globally. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 6:10pm On Mar 11 |
SuprymBean:One interesting thing many diaspora Nigerians discover when they begin researching agriculture is that some perennial crops planted today can still be producing decades later. Crops like cocoa and oil palm can remain productive for 40–70 years with proper management. That’s why in many countries, plantations are treated almost like long-term family assets. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 2:33am On Mar 12 |
Generational assets are rarely built through hesitation.... They’re built through informed timing... |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 10:37am On Mar 12 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 10:45am On Mar 12 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 10:47am On Mar 12 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by delefresh(m): 11:29am On Mar 12 |
Don't just buy land. Buy land to farm to earn income that's going to add value to you WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 5:16pm On Mar 12 |
delefresh:You’ve captured a very important point there. Many people focus on simply owning land, but the real question is what the land is doing for you. Land that sits idle is mostly a store of value, but land that is put into productive use becomes an income-producing asset. That distinction is what separates ordinary land ownership from agricultural investment. Historically, some of the most enduring forms of wealth around the world came from productive land — plantations, orchards, vineyards, and other long-term agricultural enterprises. Once properly established and managed, those assets keep producing value year after year. Nigeria actually built much of its early economic strength from crops like cocoa and palm produce before the oil era. Countries that later adopted similar plantation systems, such as Malaysia and Indonesia, eventually turned them into multi-billion-dollar export industries. So the mindset shift many people are beginning to make now is this: instead of just buying land to hold, buy land that can work for you and generate income over time. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 5:18pm On Mar 12 |
delefresh:One interesting thing about perennial crops like cocoa and oil palm is their lifespan. When properly established, they can remain productive for several decades with good management. That’s why in many parts of the world, plantations are treated almost like long-term family assets, not just farms |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 11:45am On Mar 13 |
Generational assets are rarely built through hesitation. They’re built through informed timing! |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 3:23pm On Mar 13 |
Generational assets are rarely built through hesitation. They’re built through informed timing!! |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 4:04pm On Mar 15 |
One thing many diaspora Nigerians are beginning to realize is that food security is becoming one of the most valuable sectors globally. Assets like cocoa and oil palm plantations are long-term wealth structures because demand keeps increasing every year. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 6:59pm On Mar 15 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 1:01pm On Mar 16 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 1:04pm On Mar 16 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 3:43pm On Mar 18 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 5:03pm On Mar 18 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 10:19pm On Mar 18 |
Generational assets are rarely built through hesitation. They’re built through informed timing!!!! |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 9:30am On Mar 20 |
As long as you're reading this right now, never underestimate the potential of perennial farming Agriculture to get you compound real wealth through the yearly harvest from a farm Plantation... You plant only once and continue reaping it's harvest every year for 40+ years. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 10:01am On Mar 21 |
Generational assets are rarely built through hesitation... They’re built through informed timing! |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 5:35pm On Mar 24 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 6:00pm On Mar 26 |
Generational assets are rarely built through hesitation. They’re built through informed timing. |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 11:02am On Mar 27 |
Let the poor breath!!! Generational assets are rarely built through hesitation.. They’re built through informed timing... |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 12:42pm On Mar 28 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 11:14am On Mar 30 |
WiseBizInvestor: |
| Re: Nigerians In Diaspora — Are You Building Back Home Or Just Sending Money? by WiseBizInvestor(op): 8:32am On Apr 03 |
Generational assets are rarely built through hesitation!! They’re built through informed timing. |
Searching For UTAZI In Lagos. If You Have A Matured Plant At Home Or On Farm • Edo State Farmers In Diaspora - Lets Meet Here • Farmers In Diaspora - Let's Meet Here • 2 • 3 • 4
Jamb Upgrade 2019 • Fresh Turmeric For Sale. Quantity 2tons • AFAN Commends Federal Government On Livestock Plan