Why You Should Not Ignore Farm Business in Nigeria.
Currently in Nigeria farming is the next big thing.
I have several reason why you should not
ignore farming business today. when I say farming, I mean a well calculated and
analyzed approach.
If you are following world economy you will discover
the agriculture is Nigeria next big thing. there is an agricultural revolution
coming up. And it is not just something anybody can delve into, you have to
grow in it. Mechanized farming is the next big thing.
You can start by renewing your mind in this
direction. Most Nigerians think that farming is all about carrying hoes and
cutlass, there is more to agriculture than that. Before I will begin to give you reasons why
you should not ignore agriculture. I want you to have an open mind to
innovation.
In one of our post STARTING A PLANTAIN FARM,
I shared shelu’s
testimony who started plantain farming and became a millionaire in less than 2
years.
Before we continue, I would want to let you know the
most important factor for any form of agricultural venture. Land is your number
one factor. Nigeria is filled with well
naturally manure land that has not been explored.
Since the discovery and exploration of oil in
Nigeria, Nigeria has become an increasingly lazy nation. currently oil price is
falling, it no longer in high demand like it used to be. Sometimes I would want
to think of Nigeria oil as a curse instead of a blessing. If the purpose of a
thing is not know they say above is inevitable.
Below
are my strong reasons you should reconsider Agric Business
-
A
lot of government Aid- currently there are several government
Aid, that you can take advantage of irrespective of how corrupt Nigeria may
seem.
There is an association for almost
any field of agriculture in Nigeria. Joining any of your interested crop or
animal farming association will help you know when there is aid in that field.
These things am stating here are
very practical. I have visited some Agricultural association here in Abuja
which have branches all over Nigeria. There are a lot of advantage you will enjoy
as a result.
I will state what I discovered when
I visited cassava growers association of Nigeria. You will be amazed to know
that all you need to do is just to grow them. The association presents you with
a healthy and a good specie of cassava stem. You also get access to government
loans ( these are not financial loans ) you get your loans in from of service.
Example
– if you have a loan with the government through the association and you need A
tractor all they need do is to send you a tractor to come perform the job and
the fee will be deducted from your loan account.
There are ready buyers, who can
even buy from the soil (before harvesting). The association gives you close
information on what is happening.
Nigeria government is pumping big
money into Agriculture.
-
No
stress - this is one business you can begin to do without
stress. All you need to do is to understanding how it works, where you must not
delegate etc.
so many aspect of the farming process can be delegated to
local farmers who you will have to pay for their service. The good thing is
that you will always pay less than you earn always. All you need to do is to
understand the agricultural field you
have chosen.
For instance if you want to start
up a pig farm all you need to do is get to employ one or two staff and a vet doctor for a start. If
you will plan your business before going into it, you will make it big. Let run
little analysis on rearing pig for money so that you can understand what am
saying.
Let assume you intend to start with
5 pigs (one family) of which will cost anything around 80,000 Naira.
A female pig( sow), can become
pregnant once it is 8 months while the male pigs( boars) becomes sexually
active one they are 8 to 10 months old. A matured pig can produce twice a year
or twice every 14 months that means in less than three years you must have had
over 400 pigs. That has made male you a millionaire. One matured pig goes for
like 20,000 to 40,000 naira depending on the size. Remember we did not consider
their feed and their housing. But I can assure you that the return on
investment of this business is more than 50%. Am currently working on an
articles on how to rear pigs for money in nigeria.
The same thing applies to other
areas of farming. All you need to do is to get the required knowledge about the
farm business you intend to start.
It
is very lucrative – farming is becoming more lucrative.
There is a great demand of farm produce in Nigeria especially now that the
government has placed ban on importation of some farm produce. Some people take advantage of this business through buying
and selling. They transport certain kind of farm produce from the north to the
south. Recently, I inquired for the price of beans in Adamawa and I discovered
that it was 8,000 Naira per bag, while at that same time, the price of beans in
Port Harcourt goes for nothing less than 14,000 naira.
If you employ the right strategy
with knowledge, you will have nothing to fear. Your profiting is sure. The only
large factor anyone can think of is land. In rural areas people are ready to lease
out their lands to farmers who are serious.
You can contact me if you require
my advice. cheers
Labels: Agriculture, Business Advice, Idea
