Agricultural business in Nigeria-7 best ideas

Agricultural Business In Nigeria

Are you looking for an agricultural business you can start? What are the best agricultural business ideas that can work?

If you want the answers to all the questions, then read the article from start to finish and you’ll find all the answers and get the agricultural business you can do in Nigeria.

But do you know

There is hardly an agricultural business in Nigeria that does not have the market irrespective of where the agricultural business is located.

Although others may argue that not all form of agricultural product work in all location.

That’s completely true.

Considering how different the weather is and cultural differences, certain food grow in one location than the other, not only that, it’s in high demand.

If you’re planning on building an agricultural business, you have to look for what best works in your location and most importantly, is in high demand.

No pressure here.

Simply because in my article, am going to show you the best agricultural business ideas that work anywhere in the country.

But before going into the agricultural business idea, let’s look at some of the things you need to know before going into agricultural business.

What you need to know before going into agricultural business in Nigeria

Here are some of the things you need to know before going into the agriculture business.

You’ll need to get the knowledge

Knowledge is important even in the agricultural sector. Don’t work on assumption as that will not make you get the yield that you want.

For instance, there is a slight way to farming in the dry and rainy season, time for fertilizer application etc.

When you get the knowledge, then you’re ready to move to the next step.

Put your knowledge into action by taking baby steps

Putting your knowledge into action is your next step. Without taking the action step, you’ll not know whether the knowledge works or not.

You don’t have to start big, but small in other to learn. That’s why taking baby steps is really important. This is because in my experience, not everything you’ve learned that will work.

Another advantage is, when you start small, it’s easy to spot the cracks and what you need to do to correct all the cracks.

It’s not a get rich quick scheme

This is one questions I’ve been asked, time and time again. Business grows with time and you have to know it.

If you’re ready, let’s dive into the agricultural business in Nigeria you can start today.

Agricultural business in Nigeria-7 best agricultural business ideas

Because of how fertile the land is and considering some have little space, some of the agricultural product can be grown or reared in the backyard.

This is particularly great If you’re just starting and want to learn about the business before going into it on a much large scale.

Below are some of the agricultural businesses in Nigeria that are among the best you can do in the agricultural sector.

Here we go.

Poultry farming

Probably one of the popular agricultural business in Nigeria today. This is simply because the number of people opting for chicken meat and egg is enormous. Another reason is how easy you can set and start the poultry farm from your backyard.

There are two ways you can start the business. either start the business to focus on meat (that’s growing broilers or cockerel) or grow layers (for egg production).

Rice farming

With massive investment to reduce import, in the rice farming sector, rice farming is one of the rising agricultural business in Nigeria.

The great thing about rice farming is it can be done irrespective of the location that you’re in. all you need is the right type of land, seedlings and employ the best farming practice and you’re good to go.

Rice farming can be done whether during both the dry and rainy season.

If you want to start a rice farm and turn it into a business, we’ve written about the complete guide to starting a rice farming business.

Fish farming

Fish is one common food that has high demand and low farmers to meet the demand. The government keeps importing fish to augment the deficit.

Starting the fish farming business is one of the business has the market and will continue to have the market.

There are several ways you can join the business and these include:

  • Starting the business by hatching and selling fingerlings to existing farmers.
  • Either buying or growing the fish from fingerlings to broad stock.
  • Buying the already grown fish and sell it to retail customers.

Whichever way you decide to join the business, you still can get the required customers and makes the profit you’ll need.

If you want to start a fish farming business, we have written extensively on the process you’ll need to start the business of fish farming business.

Pig farming

While growing up, pig farming was a big business in some part of the north. They grow them and then transport them to the southern part. But that was then, today, none seems to be happening.

That doesn’t mean that pig farming business is dead. Today there is more demand for pig and few farmers.

The pig farming can be started in your backyard and grow the business. However, getting to know the step by step process will go alone way of ensuring you become successful at the end of the day.

Tomato farming

Some do think that tomato farming is only possible in the northern part only and this is simply because of how the tomato is a farm in the north.

Well, the good news is that tomato farming is possible irrespective of where the farm is located.

The only thing that’ll ensure that tomato farming is possible, you’ll need to use a greenhouse which will ensure that you control the temperature year in year out and at the same time, maintain your production.

If you intend to start the business of tomato farming, then you can read the complete process of starting a tomato farming business.

Processing business

There are many raw materials today in the agricultural industry. But there are still rooms for the processing of the product.

Lack of processing is one of the reasons why many opt for foreign foods like rice because they’ve been processed and have been free from impurities.

There are different processing business you can start today. However, there are certain things to consider before going into the processing business and these include:

  • Ensure that there is a regular supply of the raw material. This will keep you in business and thus grow your customers.
  • Ensure that the price is affordable.
  • Have a future plan to ensure that the business will begin their own product line.

These are some of the processing things to take into consideration.

Maize farming

Maize is one we cannot do without for several reasons. One because it’s a stable food and secondly, it’s one major raw materials for animal feeds.

If you’re thinking of starting maize farming, you’ll definitely need to go through the practical learning process.

When maize farming is done right, one hectare of land can produce between 80 to 100 bags.

Conclusion

I know what you’re thinking, but before you jump to conclusions, these are not the only agricultural farming in Nigeria. There are several agricultural businesses in Nigeria. But we’ve discussed the best agricultural business idea.

The opportunities are never ending in the agricultural sector. As the population grows which is estimated to be more than 200 million in the next few years, the demand for food will continue to be high.

It’s those who take advantage of the opportunity that’ll reap the reward in the nearest future.

The big question is, which one will you do or we have left out from the list? Feel free to let us know by making your contributions at the comment box.

 

 

 

 

Get the FREE Element of a successful startup business plan eBook...
Enter your email address and click on the Get Instant Access button.
We respect your privacy
See also  How to figure out what business to do

Bako Yila

Bako Yila is an entrepreneur and loves working with aspiring entrepreneurs the right way. His blog offers business idea and resources to build a successful business.

Leave a Reply

Your email address will not be published. Required fields are marked *