Stats: 3,186,066 members, 7,928,215 topics. Date: Thursday, 22 August 2024 at 10:52 AM |
Nairaland Forum / Nairaland / General / Agriculture / Top 7 Agribusinesses In Nigeria You Can Invest In 2023 (777 Views)
Acres Of Land Available For Agribusinesses, Individuals Or Companies / 8 Agribusinesses To Start In 2020 / 8 Sources Of Funding For Agribusinesses In Nigeria 2018 (2) (3) (4)
Top 7 Agribusinesses In Nigeria You Can Invest In 2023 by Excelwealth(f): 2:41pm On Dec 05, 2022 |
[b][/b]Top 7 Agribusinesses in Nigeria you can invest in 2023 Agriculture has always been the major source of income generation for Nigeria before the discovery of oil since the 1980’s. It remains one of the most potential industries with a massive market implicit to build the Nigeria economy and take it to the next level and the world as a whole. But ever since the discovery of oil, the country deviated their interest from all mighty agriculture to oil and this also contributed to the unwinding of our today's economy. What Are The Top 7 Best Agri Businesses To Invest In Nigeria ? Below are the list of some best agribusiness you can invest in Nigeria come 2023. Snail farming Pig farming Catfish farming Chicken / Poultry farming Rice farming Cassava farming Plantain plantation farming Conclusion Snail farming This is a lucrative kind of business to invest in without much capital and you will earn a huge amount of money. In those days you could easily hunt for snails in your backyard and rare for a short period of time and start earning your money. Pig farming The pork market is worth over $4billion in west african and this makes pig farming a lucrative business to invest in Nigeria. Although it might sound like a dirty business, it has a huge market potential and mostly from importation. Catfish farming This is also one of the most lucrative agricultural businesses in Nigeria. Producing catfish for hatching and consuming purpose will generate a higher rate of income for the farmer. Catfish is one of the edible food consumed by almost 70% of the country’s population. You can produce and sell to individuals or hotels. You can also produce small catfish(fingerlings) and sell to other prospective catfish farmers. Chicken/Poultry farming This is another type of agribusiness farming that’s more lucrative than every other business. Over 20 billion chickens are killed and consumed on periodicals. Eggs gotten from the chickens could be sold for money and that would be another source of income to your poultry business. Rice farming This is one of the most consumed food in Nigeria and some part of the world. Over 8 millions tonnes of it are produced and consumed yearly in Nigeria. Rice farming is also one of the must mouthwatering income businesses in Nigeria. Those in the northern region should take opportunities in this business. Cassava farming Currently Nigeria is the most largest cassava producer in the world. It produces ver 30 million tonnes of cassava annually. And this makes cassava farming a lucrative business to invest in Nigeria. Cassava can serve so many purposes like: garri, fufu, cassava flakes etc. It could be sold in tubers also. It’s not a seasonal farming. Plantain plantation farming Plantain farming is also a lucrative business in agriculture. It only takes 12 months or lesser after it been cultivated to mature when planted in a good soil. Plantain can be exported. It serves several purposes in the industries. And it’s one of the most expensive items in the market in some areas. Conclusion Investing in any of the above aforementioned, will yield a lot of income to anyone who chooses to invest in them. 1 Like |
Re: Top 7 Agribusinesses In Nigeria You Can Invest In 2023 by Cutehector(m): 7:10pm On Dec 05, 2022 |
Sha beware of flood in catfish farming. Pig farming, i hope you know about swine flu. Beware of that too. 1 Like |
Re: Top 7 Agribusinesses In Nigeria You Can Invest In 2023 by flamytech: 9:11am On Jul 09, 2023 |
Cutehector: There's risks in every business. That is why it's a good idea to conduct in-depth research in any business you want to go into, before investing. I know a man who went to Thailand to study the practical aspects of fish farming, specializing in hatching, breeding, and drying catfish, pangasius and tilapia fishes. Now he's cashing in as a commercial fish farmer in Nigeria. And he trains people too in his Lagos farm on the the best practices in fish farming. If you need his contact, here it is: SS Farms Limited, Contact Address: Diamond Estate, NEPA Phase 1, Ijagemo, Near Ijegun, Ojo LGA, Lagos, Nigeria. Tel and WhatsApp: +2349093788124 Website: http://www.ssfarms.ng/
|
Re: Top 7 Agribusinesses In Nigeria You Can Invest In 2023 by Cutehector(m): 9:13am On Jul 09, 2023 |
flamytech:thank you, but i am not interested! 1 Like |
Re: Top 7 Agribusinesses In Nigeria You Can Invest In 2023 by flamytech: 9:21am On Jul 09, 2023 |
(1) (Reply)
Rubber Latex, Crumbs For Sale / Hydroponics Fodder Video + Picture Tutorial / Peanut Butter Production Line With Factory Price For Sale
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18 |