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.
This post first appeared on Https://manunitedclear.blogspot.com/feeds/posts/default, please read the originial post: here
