The business of
agriculture is as sweet and interesting as the food it produces. Nigeria is a
country that has many large expanses of
arable land that can be used for farming. Agriculture has made many Nigerians
gainfully employed and directly making them financially independent. This is a
motivation for other young and aspiring entrepreneurs who want to do
agricultural business or really still
thinking of what to really invest in.
Most of the times, we see
trucks filled with crops like tomatoes, pepper, onions and maize; simply,
it is coming from a loading point to the market for retailers to purchase. It
is productive and easy to earn money from agriculture. The long value chain of
this business starts from the farm land. Agriculture has many arms, and its
production draws many opportunities to this sector. Both peasant and mechanized
farming have brought immense benefits to
the country's food needs. Its importance spans to international
markets.
The direct benefits of
agriculture are it provides work and feed the nation. These benefits can
be subdivided with respect to its importance. There are lots of crops
cultivated that can generate income for farmers and business proprietors. I
truly want us to look at the long value chain of getting money from the
business. It commences from a point and really don’t end there. The amount of
money in exchange in the agriculture industry is immense. It affords me the
confidence that if you invest in agriculture, and you are adequately informed
about preventive and control measures, you will gain from your investments. The
long value chain attracts a bunch of business owners and skilled people. They
are all investors in agriculture in different ways:
1. Market: Agriculture business in
Nigeria has created several opportunities
Food/retail markets: Apart from being a
major point where consumers go to buy food products like meat, fish, pepper,
onions, yam, sweet potato, palm oil, and
vegetable oil, it directly serves as a means of employment to a lot of women in
Nigeria. Furthermore, carpenters get good money from making tables, benches, and chairs which these women use as a
market tool to sell their commodities. There are also weekly and special
markets that wholesale agriculture businessmen use as a platform to sell
agricultural produce. The choice of crop to sell is numerous. Yam, pepper,
tomato and fruits are typical examples. The benefit the retail/marketplaces have brought to the wealth of this nation is
enormous. This is a big benefit in the agriculture business chain.
Supermarkets: Supermarkets and
franchise of supermarkets require large
investments to set it up. It also requires attractive and important stuff to be sold to attract customers. That is
why supermarket plays a function in the value chain of the agriculture
business. Canned foods and sachet processed food materials are generally sold
in many supermarkets in Nigeria. Beverages, seasonings, fish, meat, rice are
sold in packaged processed forms as canned and sachet.
Abattoir market: The
Abattoirs in the country plays a vital function in the food wealth of the
nation. In that respect are many men that are gaining from the abattoir
business. They sell to different customers from different markets in Lagos and
other states. It produces an income for them. You can earn money from this
business. You can buy cows to be butchered in the abattoirs when you register with the authorities. There are
available meat sellers from different markets that will buy from you.
Export market: The export market is
a large market. It has made plenty business owners in Nigeria rich. This
includes farmers, export facilitators and brokers, export wholesale buyers,
imports and exports cargo and freight business owners. Crops like ginger, soybeans, bitter kola and kola nut are exported
to other countries. These really boost the importance as a country and creates
wealth for skilled and businessmen on the chain.
2. Manufacturing
industry: Many manufacturing industries get harvested crops from farmers or have their own farms which they
use the harvested crops as raw materials to produce canned foods and seasonings
for cooking soups and other meals. There are large farms in Nigeria that use
mechanized farming just to meet the demands of some manufacturing industries
who are their clients. It is actually a great investment to have a farm and
have customers that buy from you. If you are a skilled farmer, then you should
have a short term plan of selling to retailers. As you progress, and there is
an expansion, a long term plan should
really be you producing a large number of
harvests to sell to manufacturing industries and wholesalers.
3. Landowners: Selling
your land for agricultural purposes is truly great, and also leasing your land
for agricultural activities serves a consistent and long-term benefit for you. It brings development to the community
where the farming area is located. This covers areas like employment and
attracting interested real estate businesses to the region because of the
importance of agricultural activities to community development.
4. Agricultural
institutes and associations: Agricultural institutes serve as check and guide institute to
every agricultural activity and processes in the nation. Any fertilizer and
pesticide that would be employed for farming in the country must go through
testing and inspection.
5. Agriculture School: Apart from universities
where students are educated on various courses on agriculture, there are also
various private schools and academies that train
students in courses like tractor usage and maintenance
and farm irrigation.
6. Mechanics: There
are mechanics that repair tractors. They also maintain other generating plants
on a farmland. This expertise really is an income earner.
7. Farmland: The aim of having a
farmland for agricultural activities has many benefits:
Crops: Generally, farmlands
are cleared and prepared for the cultivation of various crops like rice, maize,
cassava, yam, potato, tomato, pepper, and fruits like watermelon, orange, banana, and pineapple.
Fish farming: Fish farming helps
to cater for the nutritional needs of the country. It serves as an income
earner to the people involved in the business. The farmland can also serve a
utility purpose of practicing fish farming.
Poultry farming: Poultry farming is a
big investment. A farmland is ideally
needed in this business.
The benefits of investing
in the agricultural business can serve as a lifetime investment if you take it seriously.
No comments:
Post a Comment