Top 17 Lucrative Farming Ventures in Nigeria And Africa In Order of Significance:

Note: Before Anything in farming be it livestock or crop production, just be sure to Put in place security provisions on your farmland to prevent encroachment on property and safety of life.

I have carefully chosen to put up these ventures in there relative other of importance or significance.

1. Root crops: Cassava, yam, sweet potato; investment in this dimension of crop production is the ultimate for tropical and rainforest region. The potential in this area is as large as $ 6 billion dollar in annual revenue per crop especially when further processing is incorporated to the last.

2. Dairy: there's a saying in countries as such as USA, Canada, and the rest of the developed world that after water, the most affordable consumables should be milk. Such essential is missing on the Nigerian or most African menu or consumable list. Such omission is the reason for very low mortality rate and account for stunted growth, multiple ailment as a litre of milk or yoghurt in Nigeria would be going for #800naira which ordinarily a litre should not be more than #100 naira per litre so that the greater number of Nigerians and Africans can afford it.

3. Cocoa: This is a venture already dying out begging for revival. its prospect alone is as huge as $ 10 billion dollars if the harvest precedes are further processed to finished goods like the regular bournvita and milo and the rest of beverages used by the likes of Nestle, Cardbury and Unilever.

4. Maize industry: The list of items that can be deduce from this item is endless. From Paper, books, custards, baby food, pharmaceuticals, poultry and livestock feed, food additives and corn syrup used in spice products, maggi, tomato paste, custards, medical drip, food thickener, sugar, oil products, general livestock and ruminant feed, corn is by far more significant than cassava but unfortunately in Nigeria, cassava production and consumption is king!

5. Groundnut, Soya bean & Oil Palm: I put this four as number two because even the multinationals, Dangote, Adenuga and Ortedolas are still blind to these four fields, think of your beverages, Milo, bournvita, Ovaltine, chocolate industry, fish feed, baby food, palm oil, groundnut oil etc, you could become the next billionaire in this field while your rest toil in other agricultural ventures cos only few people indulge in this venture because of its time commitment and persistency or consistency required. if your in this field then your on your way to start rivaling Nestle foods income and profit in Nigeria and in Africa.

6. Yam, Sweet or Irish Potato, Cocoyam, and water yam: This is another open market where you can make a kill and you will be amazed with your turn up in just a year

7. Vegetable, Mushroom, fruits, Watermelon, pawpaw, mango, citrus, pineapple, carrots, spring onion, Spice or Culinary & Maize Farming: This is no doubt the 4th most lucrative venture in agriculture. your vegetables, pumpkin leave, tomatoes, pepper, ginger, spinach, garlic and other items in this field is a get away field that requires less than a 100 thousand naira input on a large hectares and yet you are bound to make your kill.

8. Legumes & Sprouts: Beans, Honey bean, black eye peas, green bean, kidney bean, soybean, bambara bean, groundnut, melon seeds, all falls in this category. not only that this items ranked on number 5th are lucrative but with little or no vulnerability to perishability when duly processed so that your possibility of incurring any form of loss is omitted.

9. Rice, Wheat, millet & barely: out of careful analysis, rice farming is and has never been a Nigerian market, its a market that was sneaked in through the boarders and its bound to wane with time as there are surplus alternative to absorb the Nigerian rice market. For now who ever is going into rice production should understand that it is highly capital intensive as far as industrial or commercial production is concerned. rice is farmed by persons with capacity to farm wheat, millet, barely. if you can do this and break even the market, pasta mill and brewery will always find your audience and product welcoming with enough cash to smile to the bank. I must remind you that before you commit to rice farming, except your into brown rice production, likes of Bizness mogul as such as Dangote are already a million miles ahead of you to readily take advantage of this market while you contemplate it. So the earlier the better you know your competitor.

10. Plantain & banana: This is another but yet untapped promising venture in agriculture in Nigeria who production is only yet limited to Ondo, Edo, Delta, Osun and Ondo. this sector is by far yet been undermined.

11. Snailry: This is a huge market but yet still very much untapped as only mushroom engagements of it is visible in Nigeria.

12. Piggery: However controversial this venture is due to religious beliefs, piggery is still by far 2nd to snailery requiring one of the least input

13. Fishery:
The fish market is still very much bigger than the beef market but unfortunately the market is still very much undermined by its producers and its consumers

14. Bush meat a great delicacy in Africa: is Guinea pig, rabbits & grasscutter: A big market with prospects but yet still crawling in Nigeria, with less than #180,000 naira budget, you can have a family of 2 male and 3 female to start with along with the aluminium or iron fabricated pen.

15. Beef Market: Cattle, Sheep, Goat & Ram: This is another lucrative market but always less demanding as poultry though it may seem readily hyphed as a venture for the super rich but the truth remains, its an open market just like the  comparison of the cassava to the rice market in Nigeria, the market makes a kill more than the poultry business in Nigeria in case you dont know, in Nigeria, more consume more beef than poultry products yet these market is always short of supply to meet it demands. Think of cheese, butter, milk, yoghurt, hides and skin etc.

16. Poultry feed mill & Fish feed mill: Requires huge capital and great expertise for a competitive result in the market.Depending on bag capacity out put per day, you can have a #8 million naira, you will get one up and running.

17.Poultry: Obasanjo farms Nigeria (OFN), Tunsfarm, Zartatech and Folawuyo farms are still leading names in the Nigerian poultry business: Some of these farms stock up to 5 million birds capacity on each farm and produces up to 2 million high quality day old birds per week, have machines that processes 10,000 birds power hour for day to day market consumption, and also produces 100,000 crates of eggs per day. So when I hear people say they plan to build a 10,000 bird capacity to start a poultry farm, I just laugh but don't be discouraged the likes of OFN has been in the poultry venture for over 30yrs God humbles our days of little beginning. Start with whatever little you can get.

To get things right in this market is best you may have start with a day old broilers in little quantity so that
NOTE!!!! For a lot of you eyeing layers venture when it comes to poultry production, my advice is always that you should think it through over and over again before you venture into the layers poultry market before you start as the broiler market will always have a 3 times by far more comparative advantage over the layers business.

This is the reason why most farmers who have attempted poultry farming with a first bad tasting and impression of the poultry market due to taking turns in layers venture. the poultry business is a waste of resources with sadistic tales because a lot are never realistic in the hype of their prospective return. Before you go into the poultry business, it is penny wise to seek experts consultative advice so that you don't have to throw your money to the wind!!! Be warne & be sure to make wise Agricultural investment!

For those wailing that there's no job in Nigeria, I pray and believe that you don't want to wait a little more for your life to be shattered in the pitfalls and hard blows of recession, job swings nor to be called in the trappings of organizational restructuring. Our age of information has paved way for empowerment through mechanized farming and has quelled the believe that farming is for the poor. Stay sharp and be positive.

Written by Adewale Oladipupo

Are you losing livestock on your farm, be it poultry, fishery, piggery or you are not getting result or yield as expected or you are spending way too much than expected for livestock or farm management or you need a one time feed solution, Agro business proposal or plan to execute a succinct agro project?? Call Adewale your farm Doctor on +2348141208884. Zion Joe Ventures. Suite 9 Olutayo, Shopping Complex, By Bicket Bus stop, Oshogbo, Osun State, Nigeria.

This ranking of cash crops seems highly plausible to me; thanks for authoring it.

Seun:
This ranking of cash crops seems highly plausible to me; thanks for authoring it.

its like you having some long term farming plans...

Oga at no. 2, i think milk drinking is very much a serious part of culture in my part of Africa - kenya. We produce so much and consume so much, even supply cannot match demand.

Interesting article. I do have some concerns though.

1. Most of us in this part of the world are lactose intolerant. One of the best things l did was to stop taking dairy products (fresh and processed). My bloating, milk induced farting stopped. The pains in my joints reduced. Many of our people here are lactose intolerant and suffer from the effects of taking dairy products without knowing that it is the source of their problems. Pastoralists do not face this issue because they have taken dairy for thousands of years and have gut flora that digest milk proteins easily.

2. Beautiful skin is not dependent on milk consumption. All you need is a diet rich in vegetables, fruits, nuts, legumes, healthy oils, meats, and fish. Drink lots of water too. Eat right, exercise, think positive, rest well and you'll be healthy with great skin and hair.

3. Majority of the women that use weaves have bought into the prevailing belief that white hair, features, and light skin are better. So they wear weaves because they want to have 'good' hair instead of their 'bad' kinky, coily hair. You can drink all the milk in the world and your hair will remain kinky and coily. Until we he genuinely start affirming and uplifting our own features, many of our sisters will continue wearing weaves. It's a mind thing, not a milk issue.

Thank you.

Impressive: but plantation farming brings child labour
Ivory coast, Nigeria and Ghana

Are you a large scale farmer, either in animal or crop production?.
Are you ready to market your produce in bulk?
Kindly join this whatsapp group to meet youths of like mind.
Follow this link to join my WhatsApp group: https:///1fxGcb5mJLjGh7bc6IiuOk

Kindly share this link to someone you know might be interested.

Like us also on facebook: @farmersbridge

Thanks!

Are you a large scale farmer, either in animal or crop production?.
Are you ready to market your produce in bulk?

Kindly register at :
https://docs.google.com/forms/d/e/1FAIpQLSd1AJj10VnJqHGEMYw1-5EuODCrb_wEpMl9JfvNehZ1wSglzQ/viewform

Kindly join this whatsapp group to meet youths of like mind.
Follow this link to join my WhatsApp group: https:///1fxGcb5mJLjGh7bc6IiuOk

Kindly share this link to someone you know might be interested.

Like us also on facebook: @farmersbridge

Thanks!

Please house, can we discuss broiler breeds because, many people do not know we have different kinds of breeds of broiler.
I want someone that can tell the differences between these breeds of broiler; abor acre, ross , hubbard, cobb and marshall and the fastest grower among them? Thank you!

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/

Catfish Farming Training Opportunities [/b]

https://www.nairaland.com/4744462/free-catfish-farming-training-mobilisation

ThunderingHooves:
Oga at no. 2, i think milk drinking is very much a serious part of culture in my part of Africa - kenya. We produce so much and consume so much, even supply cannot match demand.

Thats awesome to here, meaning agriculture is much more of a culture than it is back in Nigeria especially in this regards. It would be a good bet for an investor going into this area in Nigeria as it is part of the pre requistie for Ice cream and the yoghurt industry.

Very interesting post. I think number 3 (Cocoa) is very lucrative. As a matter of fact, venturing into cocoa farming is a win-win business. If you look at the market price of cocoa, you will see that it keeps going up. Not only on the price, but also for the fact that it is a great agricultural crop to sell on the international market.

Here are few benefits of cocoa farming:
1. Market for cocoa products.
2. Cocoa can be harvested at anytime.
3. It is classified to be in the multi-billion dollar industry.
4. Most than most other crops, cocoa has great health benefits.
5. Nigeria climate is suitable for cocoa farming.

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