There are good reasons why farming in Nigeria is currently doing very well and understanding these reasons will help any serious entrepreneur (no matter where he comes from) to think seriously about setting up Farm in Nigeria. (1) There is no any other African country where Farming is as viable as it should be in Nigeria in terms of productivity and profitability. (2) There is no other country where farmers are more advantaged as they are in Nigeria as regards demands — take a look at my top five reasons you need to start Farming in Nigeria now.
5 Reasons Why Farming In Nigeria Is Irresistible
(1) Nigeria has a huge population of over 150 Million people, twice more than the populations of Zimbabwe and South Africa combined. The entire population …show more content…
Nigeria Land area when measured in sq km is about 910,770. The Land area of any country is the country’s total area, excluding areas that are considered to be water bodies. So, Nigeria has one of the biggest expanse of Land in Africa of which 70 percent is available for Farming.
(3) Nigerian Government is seriously turning it’s attention to promoting Farming in Nigeria to help boost food productions in the country and minimize foods importation. The government is willing to assist any would be Farming entrepreneur/investors with the necessary supports and logistics.
(4) Nigerians have very high purchasing power, far more than any other indigenous Africans — we buy things here and we pay cash! Talk about parties, Nigeria is the most merriment people on earth — the foods used for parties and merriment in Nigeria yearly can feed four other African countries.
(5) By the time Nigeria attain it’s full capacity utilization is agriculture, Farming in Nigeria will become great foreign currency earner more than as it already is. The implication is that Nigerian Farmers will be able to earn in Naira and in Dollars as well as Euros and Pound …show more content…
Poultry Farming – Everyone knows how ‘Cashy’ this one is, it doesn’t need much introduction and yet it’s still not fully tapped. What we currently have are few badly managed, scantily equipped poultry farms here and there. I’m yet to see a full fledged, high tech Poultry Farm as it is in The USA and Europe except Obasanjo’s Farm which I don’t think is currently in serious business.
Any serious entrepreneur who is able to fire this up will have huge profit to contend with. The reason is because Nigerians eat chicken more than snakes do and 70% of our consumption still based on importation. The egg is yet another goldmine!
5. Pineapple Farming – Money is sweet, everything sweet is money, and Pineapple is sweet. Ask any Australian Farmer and he will tell you how huge the income in Pineapple Farming is in their country. Any juice maker that doesn’t have Pineapple flavor variety in his product line is not yet in business. That tells you how popular Pineapple is, not only in Nigeria but Worldwide.
Nigeria seems to have better soil for Pineapple Farming than Australia where Farmers are making it big in the business. A Pineapple sells in Mile-12 market in Lagos for about N200 — If you are able to harvest one million in a year, you will earn least N80 x 1,000,000 =
5 Reasons Why Farming In Nigeria Is Irresistible
(1) Nigeria has a huge population of over 150 Million people, twice more than the populations of Zimbabwe and South Africa combined. The entire population …show more content…
Nigeria Land area when measured in sq km is about 910,770. The Land area of any country is the country’s total area, excluding areas that are considered to be water bodies. So, Nigeria has one of the biggest expanse of Land in Africa of which 70 percent is available for Farming.
(3) Nigerian Government is seriously turning it’s attention to promoting Farming in Nigeria to help boost food productions in the country and minimize foods importation. The government is willing to assist any would be Farming entrepreneur/investors with the necessary supports and logistics.
(4) Nigerians have very high purchasing power, far more than any other indigenous Africans — we buy things here and we pay cash! Talk about parties, Nigeria is the most merriment people on earth — the foods used for parties and merriment in Nigeria yearly can feed four other African countries.
(5) By the time Nigeria attain it’s full capacity utilization is agriculture, Farming in Nigeria will become great foreign currency earner more than as it already is. The implication is that Nigerian Farmers will be able to earn in Naira and in Dollars as well as Euros and Pound …show more content…
Poultry Farming – Everyone knows how ‘Cashy’ this one is, it doesn’t need much introduction and yet it’s still not fully tapped. What we currently have are few badly managed, scantily equipped poultry farms here and there. I’m yet to see a full fledged, high tech Poultry Farm as it is in The USA and Europe except Obasanjo’s Farm which I don’t think is currently in serious business.
Any serious entrepreneur who is able to fire this up will have huge profit to contend with. The reason is because Nigerians eat chicken more than snakes do and 70% of our consumption still based on importation. The egg is yet another goldmine!
5. Pineapple Farming – Money is sweet, everything sweet is money, and Pineapple is sweet. Ask any Australian Farmer and he will tell you how huge the income in Pineapple Farming is in their country. Any juice maker that doesn’t have Pineapple flavor variety in his product line is not yet in business. That tells you how popular Pineapple is, not only in Nigeria but Worldwide.
Nigeria seems to have better soil for Pineapple Farming than Australia where Farmers are making it big in the business. A Pineapple sells in Mile-12 market in Lagos for about N200 — If you are able to harvest one million in a year, you will earn least N80 x 1,000,000 =