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Agriculture

Best Places to Site Your Agricultural Businesses in Nigeria

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Agricultural businesses in Nigeria are booming businesses. Before the discovery of oil, agriculture was the major economy booster for Nigeria. Agriculture has been around for years in Nigeria and it is not something that will be less active or less productive soon. I remember when I was serving; there was this girl that was into agriculture business even without studying agriculture in school. I got interested and asked her many questions about what she does in the business. I was surprised to learn that she doesn’t even pick up a cutlass or hoe to do the farming. Yet, she makes good returns from the business. This goes to show that one mustn’t be an agriculturist before starting agricultural business.

I asked further how much it cost to start the business and she told me that everything was less than 60,000 naira. All she needed was a land which she said she rented at the cost of 15,000 naira for a year  while the human labor she required was around N20,000 in cost plus miscellaneous which added to around 50 to 60 thousand naira. In all, her farming business didn’t require a huge capital or high cost and she was pretty solid and earning a good income from the business. Even as a Corp member, she already had a booming business and a steady income apart from the “allowee” every other “Youth Corper” was receiving.

Different Kinds of Agricultural Businesses in Nigeria and The Best Places to Site Them.

There are different kinds of agricultural business in Nigeria and these include Cassava Farming, Poultry, Rice Farming, Snail Farming, Catfish Farming, Pig Farming, Honey Bee Farming, and so on. Agriculture business is wide with so many options to diversify into depending.

Some of the factors that influence the type/aspect of agriculture one ventures into are the nature of the location, the starting capital, level of education, the type of market available, and so on. As there are many kinds of agricultural practices that once can engage, so are there specific places in Nigeria that are considered best for these agribusinesses.

The remainder part of this article examines the best places to site your agricultural businesses in Nigeria

Rice Farming Business and the Best Places in Nigeria to Site It

Rice farming is one of the most lucrative businesses in Nigeria. Nigerians like rice very much and it is one of most frequently consumed food around the country. In fact, the crop is consumed daily either at homes or in almost all restaurants in Nigeria. You can’t go wrong in rice business in Nigeria. Rice farming requires a swampy area for growing it. So, it is best to get a region with lots of water to practice this rice farming in Nigeria.

Although the Nigeria land is generally good for rice farming, some of the preferred areas are Kano State, Gombe State, Niger State, Kebbi State, Ebonyi State, Anambra State, Nasarawa State, Ogun State, and Ekiti state. These states are known to have varieties of rice. Over the years, it has been reported and observed that farming and production of rice has been lucrative in these areas. So, you wouldn’t go wrong if you choose to site your rice farm in any of the aforementioned locations. Before you go into rice farming, it is imperative that you search and find out the most suitable ways and methods to go about it for success and longevity in the business especially if you’re in for the long-term.

Pig Farming and the Best Places in Nigeria to Site It

Another booming agricultural business in Nigeria is Pig Farming. Pig farming can be tedious and requires lots of attention but it’s a very productive business. Take the dirt away and the smells, then you have for yourself a diamond-in-the-rough kind of business. Recently, I visited one of my friends who raise pigs. There, I saw a very big Pig and asked him how much he will sell it. He laughed and said it won’t be less than a million naira. I was shocked because in my reasoning the majority of Nigerians don’t seem to like eating Pork (i.e., pig meat).

Against my assumptions, my friend explained to me how pig is now a booming business in Nigeria. He reliably informed me that the volume of people in Nigeria that consume pork presently is in very high demand.

Talking of location to start this agribusiness, I can reliably inform you that just about any place or area in Nigeria is good for pig business. However, I recommend the Southern and Western states for this business. My reason for not recommending the Northern part of the country is that that area has a larger concentration of Muslims. Islam forbids eating of pork; so starting the business in the North might just be a suicidal mission and would be dead-on-arrival unless the targeted audience is Christian and non-Muslims in the region.

Best Places to Site Your Agricultural Businesses in Nigeria

Best Places to Site Your Agricultural Businesses in Nigeria

Catfish Business and the Best Places in Nigeria to Site It

Catfish business should never be undermined as far as starting an agribusiness in Nigeria is concerned. Ever eaten barbecue catfish before and see how costly it is? The business of catfish is cashing out big time and it doesn’t matter which area you are, it will always boom. The most recommended places to site catfish business in Nigeria are student-populated area around universities and polytechnic, next or opposite major event centres, Housing Estate junctions, Supermarkets, and other high-traffic density areas with mid-to-high income earners. The barbeque catfish is in high demand in school area because students like it very much thereby making it a highly profitable business in these areas in Nigeria.

Honey Bee Farming and the Best Place in Nigeria to Site It

When it comes to the use of refined Sugar, many Nigerians have deviated from it due to its health complications. People have looked for an alternative, a better replacement for sugar. The only health benefit of refined Sugar is the supply of glucose to the body which can also be gotten from other food sources. Since Sugar complicates health issues and causes diseases such as diabetes, Honey has become the major food sweetener in many Nigeria homes.

Owning a Honey bee farm is a very lucrative business and can be done anywhere in Nigeria. There is no pinpointed place for the business because anywhere it is done, it is always appreciated and commands huge patronage from the people. If at all the business doesn’t move at a particular area, the honey can be transported to and sold in other states in Nigeria.

Cassava Farming and the Best Places in Nigeria to Site It

This particular type of farming is one of the best and most diversified businesses in Nigeria. Cassava farming has helped a lot to eradicate hunger in major places, if not in all, of Nigeria. During famine in one of the African countries, Nigeria government transported several thousand bags of Garri to the said country to lessen their burden of hunger. Garri is made from cassava. Out of over 200 million people in Nigeria, at least each home has a product of cassava at home because apart from rice, it is a major food item in every Nigeria home in the country.

Cassava can also be turned into some major food like Amala and its product which is Garri can also be turned into Eba. Cassava farming can be done anywhere in Nigeria and since its product are mostly use by the Eastern and Western parts of Nigeria, it is recommended to start a cassava farming business in this region.

Conclusion

Agricultural business in Nigeria is very lucrative no matter what you do. Whether you are planting tomatoes or running a pond or doing poultry business, there will always be a buyer for each product as long as it is affordable and easy to access. Before you start agribusiness in Nigeria, ensure that you carry out careful market survey and do a lot of research before diving into it because a wrong move and place to start an agriculture business can be a burden to you in the long run. It can even run you into losses if not properly researched and managed.

In conclusion, pick from this list of lucrative agricultural businesses in Nigeria and start a business with it as soon as possible. Ensure that the area of agriculture that you want to go into is productive, do a proper and rigorous research before running the business and launch out. With God, dedication and hard work, you will make a decent return in the business. I wish you the very best.

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Ekemini Ekpo is a professional writer, blogger, and internet marketer. He is passionate about engineering, business, investment, entrepreneurship, finance, and personal development. When he is not managing web projects, he handles academic research writing and data analysis for individuals and organizations.

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Agriculture

How To Start Lucrative Chia Business in 2021

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Chia seeds which is the bedrock of Chia Business are edible seeds grown as food in many countries of the world. Slowly gaining momentum in Africa, chia seeds consumption is presently valued at about 400 million Naira and is projected to be valued at 600 million Naira before the year 2025. Chia seeds are becoming more popular as many people have begun to massively use it as a substitute for meat-based protein.

Meet Chia Seed: The Bedrock of Chia Business

Chia Business centres on the cultivation and marketing of Chia seeds. Chia seeds are of the mint family of lamiusee with dark green, thick and wrangled leaves. Each plant has flowers with two lips containing 13 seeds. Chia seed is mostly consumed by vegetarians who opt for plant-based proteins.

Chia seeds grow in tropical environments requiring a minimum temperature of 11 degrees Celsius and maximum of 36 degrees Celsius to be fully matured. Chia Seed Farming is a lucrative business. If you have the wherewithal to cultivate and market it, you can make tons of money for you within the stipulated business cycle.

Start Lucrative Chia Business

The Market value of Chia Business

Chia business is lucrative to do because it avails the investor the following business opportunities:

1) Can Be Eaten as Food:

Chia seeds can be sold to consumers for food. Chia seeds have a wide range of applications in meals: they can be added to smoothies, yoghurts, parfaits, salads, milkshakes and even cereals.

2) It Can Be Sold For Money:

Chia seeds are very expensive and could go as high as N6000 per bag. Chia seeds can be cultivated and sold for profit.

The Health Benefits of Chia Seeds

Chia seeds sell well because of its health and nutritional benefits. Hence, people buy Chia seeds irrespective of the cost because:

  • Chia seeds help relieve constipation.
  • Contain calcium and manganese which improve bone and oral health.
  • Fights osteoporosis.
  • Chia seeds are excellent sources of protein.
  • They are super healthy proteins as they do not contain cholesterol.
  • Fights insulin and stabilizes blood sugar.
  • They contain anti-oxidants which prevent the production of free radicals – cancer causing agents.
  • They’re gluten free and can be eaten raw.

Steps to start a Lucrative Chia Business in 2021

To proceed to cultivate and market Chia seeds on a commercial scale, please consider the following:

1) Get enough funds:

Chia seeds are expensive to buy. Setting aside an investment for it will pay hugely in the long run. It is important to have a business plan that will enable you access funds from financial institutions. If you don’t want corporate funding for the business, you may consider getting funds from family, friends, and acquaintances. However you source funds, endure that the capital you have is enough to start and run this business successfully.

2) Choose the right soil:

Chia seeds thrive on fertile soils. Hence the land you buy or rent for plating this crop should have sufficient clay and loamy. Avoid malnourished and sandy soils. Instead, choose a soil that can retain a good amount of moisture. Plant your chia seeds in well drained soils.

3) Cultivate the Crops:

Chia seeds require soil preparation by disruption and loosening. After properly tilling the soil, create trenches in a row of 2cm, broadcast the seeds and cover the soil. When you notice weeds, remove them immediately.

4) Harvest:

Chia seeds are harvested after the flowers have fallen off. You have to hand pick and spread them to dry.

Conclusion

Starting lucrative chia business specifically Chia seed business in 2021 has attendant challenges such as high cost of seeds, seemingly complicated nurturing process, crop management, and the challenge of the harvesting of chia seeds by hand.

However, with the right capital and viable farm management practices the business can be done with much success and less stress. Employing excellent marketing strategies can help the business grow into a highly lucrative and profitable enterprise or company.

Chia seed already has a wide market demand, employ the best strategies, sell off your seeds, and make your profits.

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Agriculture

How to Start a Lucrative Cabbage Business in Nigeria.

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Cabbage business is fast becoming one of the most lucrative vegetable businesses in Nigeria because of its popularity as a major ingredient for preparing salads. Salads are majorly served in ceremonies and festive seasons. If you start and effectively manage a lucrative Cabbage business in Nigeria, you could be reaping returns in millions of naira weekly.

In starting a lucrative cabbage business in Nigeria, you must have a farm to cultivate cabbages. Cabbages thrive in a cool and moist environment. The crop is not resistant to drought. This means that you should plant your Cabbage seeds during its favourable season which is the rainy season when the weather is till cool enough for it to sprout and grow to maturity.

In getting your Cabbage seeds to plant, please go for high quality seeds which are resistant to pests and diseases. The hybrid variant cabbage seed is of a high quality and can resist pests and diseases. This is the breed of Cabbage seed you should plant if you desire good returns on your investment.

Steps to Start Cabbage Business in Nigeria and Profit From It

Stage 1: The Pre Planting Stage

It is advisable to plant cabbage seeds in a nursery 4 to 6 weeks before transferring the crop to the main farm. While the seeds are being raised in the nursery, use this time to prepare the farm for planting the crops. This involves weeding, tillage, making of ridges or molds where the Cabbage seedlings will be planted. This is all about the pre-planting stage.

Stage 2: The Planting Stage

To ensure bountiful harvest, it is important to note the following while planting your Cabbage:

1) Dig a hole of about three centimeters deep, insert two seeds and cover the hole.

2) Give a space of 45 centimeters between each plant. The spacing should be done depending on the variety of seedling you are planting.

3) Ensure that the P.H of the soil is between 6.5 and 7.5.

4) Always ensure that your cabbage farm is well-irrigated. Avoid areas prone to drought as much as possible. If there will be drought, make arrangement for alterative water sources with which you will irrigate the farm like a borehole or well. Regularly irrigate (practice drip irrigation) and mulch your farm to provide enough water in the farm for the crop and prevent excessive loss of soil water due to evaporation of water from the soil.

Cabbage Business in Nigeria.

5) During the development stages of your cabbage plant, apply manure regularly to provide your crops with the nutrients needed for their healthy growth. When preparing the soil for planting, it is advisable to be heavy-handed with manure. That is to say you apply sufficient manure to the farmland while preparing it for planting the crop.

6) It’s important to control pests such as maggots, cabbage, and worms n your cabbage farm. For this reason, only use the hybrid variant of the seed which is resistant to plant pests.

Stage 3: The Harvesting Stage

Harvest your cabbage only when they have fully matured to ensure a longer storage (or shelf) life. Depending on when you plant, your cabbage should be fully matured in about 3 to 5 months.

After harvesting your cabbage, you are set to sell the product. Go to the market and sell to the vendors there. You can also sell off to the Hausa stores in your community. Get contacts of restaurants and caterers, healthy juice entrepreneurs and offer to be their vendor.

Conclusion

Cabbage farming is highly lucrative in Nigeria; not many people have ventured into the business when compared to the market demand of the product. Cabbage farming is encouraged because aside it being lucrative, it doesn’t require heavy capital. So, if you want to go into Cabbage business in Nigeria, I really encourage you to do so.

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Agriculture

How To Start Palm Oil Business In Nigeria

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Palm oil business in Nigeria is wide and almost all aspects of it is profitable. Palm oil is extracted from oil palm fruits. It is an edible liquid extract gotten from palm fruits of a palm tree using an extraction process. Palm oil is used for many things and generally, in the Nigeria food industry, Palm oil is commonly used to prepare traditional soups in Nigeria. Almost all tribes in Nigeria consume palm oil which makes it a “must have” agricultural product in every home.

Palm oil is used to prepare almost all the traditional soups that we have in Nigeria like Egusi, efo riro, ugwu soup, bitter leaf soup, edika nkong and so on. The product is highly recommended by nutritionist due to its nutritional benefits; it contains vitamins, minerals and low in cholesterol which is makes it good for the heart. Besides its usefulness in food, Palm oil is used for many other things like the ones listed below.

Other Benefits/Uses of Palm Oil:

  • It is commonly used to prepare soap for bathing and washing.
  • It serves as an antidote for poison.
  • It is used to produce animal diets.
  • It serves as food preservatives.
  • It is used to prepare some local cosmetics.
  • It is used in the treatment of skin allergy, boil, cough, etc.

Palm Oil Business In Nigeria – An Overview

Oil palm business in Nigeria started as far back as 1900 in the Niger delta region of the country. It is regarded as one of the major products besides cocoa for exportation in Nigeria and hence served as a source of foreign exchange until 1999 when there was sudden decrease in oil palm production business in Nigeria. This was due to abandonment of the agriculture industry in Nigeria.

In 2003, an increase in oil palm production business was observed across the country due to a restructuring of the agriculture industry in Nigeria by the then government. This brought back the popularity of oil palm business in the country. In Nigeria, oil palm business is considered lucrative because of its wide both either domestically in homes and in several industries across the country. Till date, a substantial quantity of the product is still being exported from the country to many parts of the world.

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

Starting palm oil business in Nigeria is quite simple but also tasking. This is because it requires a proper and comprehensive market survey to be done before embarking on the business. This article shares extensively how to start a palm oil business in Nigeria.

Steps Involved In Starting Palm Oil Business In Nigeria

1) Get A Working Business Plan

A good business plan is required for a palm oil business which will include total budget for the business and market survey report. A good market survey is compulsory and important in this business. This involves many things but basically it involved consulting an experienced palm oil entrepreneur to know the ins and outs of the business.

For example, as a potential palm oil entrepreneur, you must know the different types and breeds of palm trees and the quality of palm oil that they produce. Also, it is required that you have an idea of palm oil nursery, nursery practices, and planting practices especially if you wish to go into the oil palm raising business and not just the sales/distribution of palm oil. You must also know the storage practices, palm oil processing, palm oil market trend, prices, competitors, available customers, regulatory bodies and taxes.

You will not be able to know these without adequate market research. So, ensure that you carry out subatsntive market research/survey on palm oil business and document the report in you palm oil business plan.

2) Get The Required Start Up Capital

A startup capital can be sourced from personal savings, cooperative loans, Bank of Industry in Nigeria (BIN), Bank of Agriculture in Nigeria (BoA), and other government empowerment programs.  Feel free to write the banks involved, if your proposal is well structured; it can yield a positive result.

Generally, your startup capital must cover the following cost:

i) A Land (Purchased or rented):

A land will be needed for the oil palm plantation. So, you must get the required capital to get the size of the land you need for this business. Of course, the size of land would depend on the number of palm trees you want to start with, that is if you want to go into oil palm plantation business and not palm oil marketing.

 ii) Palm Tree Seedlings:

Again, you need this if you are not interested in just buying and selling of palm oil but rather oil palm plantation. In this case, you will have to first consult an agriculturist, a crop scientist or an experienced oil palm farmer to give you the best seedlings to plant. This is very important because a technical know-how is required when choosing a seedling for oil palm plantation else you mess the whole business up! It is advisable to start with hybrid palm tree seedlings because they mature faster and produce fruits earlier than the local palm trees. In fact, some species of the hybrid palm trees start fruiting within 3 months of planting.

iii) Get The Machines For Processing:

This includes milling and extracting equipment. Aside from using it to mill and process oil for your business, it can help to generate income for the business. In addition, people can come to mill and extract palm oil using your machine and you will make extra money from this.

iv) Get A Good Water Source:

A good water source is important and this would be either a borehole or well. Yes, if sinking a borehole is costly, you can simply dig a well; it will serve the same purpose as a borehole. Water is used during milling and extraction of palm oil. Again, you need this process if you want to go into oil palm plantation business.

3) Labour:

You will definitely need to hire people to help out during each stage of the oil palm business, from land cultivation to sales of products. You can start with contract staff where they work for a certain period, when needed at different stages and they get paid for the work they do and leave.

4) Products Packaging:

This depends on how you want your product to be packaged either in sealed disposable nylon bags or kegs (different liters). However you choose to package your product, don’t forget to label them properly using your company/business logo and emblems which will include your business name, address and other necessary information. This serves the purpose of identification and marketing.

5) Business Registration:

Any business that wants to be trusted in Nigeria and stand the test of time must be registered, hence, you must register your business. The Cooperate Affairs Commission (CAS) in Nigeria is the body set aside by the government to register businesses, companies, and allied bodies in Nigeria. For you to become a certified business owner in Nigeria, you must register your palm oil business with the CAC. Recently, the processes only take few weeks.

6) Means Of Storage:

Palm oil is generally stored in drums or tight containers. Make sure the place for storage is cool and dry; don’t store where it is exposed to sunlight.

7) Means Of Transportation:

As a startup entrepreneur, you can register with small scale logistics companies and they will help with the delivery of the business. Using them makes delivery to customers safer, and faster and best of all is relatively cheap and reliable.

8) Advertise And Digitalize:

In this era of digital and hybrid advertisements, make yourself available online, post online about your business, speak to people, and display your products online. Also, to make purchases easier, take your digitalization game to another level by using an online payment processor like Paystack, Flutterwave, etc. to receive payments.

You might also consider registering with online listing platforms and e-shopping stores like, JiJi, Jumia, Shopify, Oberlo, and so on to sell your product. This will go a long way in broadcasting your business and bringing a lot of returns in the short and long term.

Peradventure you don’t have enough capital to start an oil palm plantation, which is not a good reason not to start with what you have. It’s simple! Just research and speak to oil palm suppliers closer to you. Buy from them, repackage into more attractive containers and sell.

Conclusively, doing oil palm business in Nigeria is one of the best decisions you will ever make, if well planned. This article will serve as a template for any aspiring/potential oil palm entrepreneur. Remember all businesses require hard work, perseverance, dedication and optimism. In all, I wish you the best of luck!

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