(IMAGES) List of Agricultural Opportunities Nigerian Youths Should Look Into
There are several business opportunities available in the
agricultural industry and one good thing about the industry is that there is
market for all the produce which the industry produce. Over the years,
researchers and scientist have been reaching for ways to improve the
agricultural sector. For beginners the investment costs are generally low, and
the return on investment are decent. If you are looking to for opportunities in
the agriculture industry, some of the profitable agricultural business ideas
for young entrepreneurs are listed below:
agricultural industry and one good thing about the industry is that there is
market for all the produce which the industry produce. Over the years,
researchers and scientist have been reaching for ways to improve the
agricultural sector. For beginners the investment costs are generally low, and
the return on investment are decent. If you are looking to for opportunities in
the agriculture industry, some of the profitable agricultural business ideas
for young entrepreneurs are listed below:
Cassava farming
Cassava is the most important and regular staple food for
Africans. The market for starch in Nigeria and other neighbouring countries in
Africa is huge. But the lack of quality cassava processing facilities within
the country is a huge business opportunity that you can take advantage of.
Africans. The market for starch in Nigeria and other neighbouring countries in
Africa is huge. But the lack of quality cassava processing facilities within
the country is a huge business opportunity that you can take advantage of.
Food processing and storage
Is also one of the
good agricultural business opportunities. Most of the food produced in Nigeria
end up as waste because of lack of storage facilities.
good agricultural business opportunities. Most of the food produced in Nigeria
end up as waste because of lack of storage facilities.
Vegetables Farming
The fresh vegetable business is a small-scale business that
you can start with little or no capital base. One benefit of this business is
that it requires no cost of maintenance to run the business. Also, there is
always demand for fresh leafy vegetables like; the Waterleaf, Scent Leaf, Ugu
leaf and Green. To run this business, you need a small space in your compound
or nearby farm where you can cultivate the vegetables. For cultivation, you
only need to plant the stem of the vegetable. It takes six weeks or less for
the vegetables to mature for harvest. You cut the leaves and sell to consumers
and marketers.
you can start with little or no capital base. One benefit of this business is
that it requires no cost of maintenance to run the business. Also, there is
always demand for fresh leafy vegetables like; the Waterleaf, Scent Leaf, Ugu
leaf and Green. To run this business, you need a small space in your compound
or nearby farm where you can cultivate the vegetables. For cultivation, you
only need to plant the stem of the vegetable. It takes six weeks or less for
the vegetables to mature for harvest. You cut the leaves and sell to consumers
and marketers.
Heliculture (snail farming)
Is another interesting, thriving and profitable business
venture that anybody can venture into with the aim of making money. As a matter
of fact, snail farming requires low start -up capital and anyone who is serious
about business can generate good income from the business. Snail farmers are certain
to hit it big because many people are shunning away from red meat.
venture that anybody can venture into with the aim of making money. As a matter
of fact, snail farming requires low start -up capital and anyone who is serious
about business can generate good income from the business. Snail farmers are certain
to hit it big because many people are shunning away from red meat.
Fish farming
The numerous health benefit of this species of fish makes
its demand higher among especially people above the age of forty. Restaurants,
pepper soup joints, hotels, market women, are possible markets for any
entrepreneur venturing into catfish farming in Nigeria. The profitability of
catfish farming depends on how much you are willing to invest as an
entrepreneur. Apart from catfish farming, you can also specialize on feeds for
the fish. This is another lucrative aspect in the fish business.
its demand higher among especially people above the age of forty. Restaurants,
pepper soup joints, hotels, market women, are possible markets for any
entrepreneur venturing into catfish farming in Nigeria. The profitability of
catfish farming depends on how much you are willing to invest as an
entrepreneur. Apart from catfish farming, you can also specialize on feeds for
the fish. This is another lucrative aspect in the fish business.
Frozen foods
The demand for frozen foods is rising globally. An
entrepreneur living in the city can start this business with proper training
and planning.
entrepreneur living in the city can start this business with proper training
and planning.
Pig farming
Pig farming is another major source of meat production. Pig
farming is considered to be one of the most lucrative business ventures in
Nigeria. People who are into pig farming can affirm that it is true.
farming is considered to be one of the most lucrative business ventures in
Nigeria. People who are into pig farming can affirm that it is true.
Cucumber farming
Cucumber farming is a very lucrative business as
entrepreneurs who are already in the business will testify. The right time to
start is now!
entrepreneurs who are already in the business will testify. The right time to
start is now!
Poultry Farming (Broiler production)
Broilers are meat birds that are bred to grow fast so that
they are ready for consumption between 4 and 10 weeks of age. Currently in
Nigeria there seems to be a huge demand for broilers which may not be satisfied
any time soon. But the catch is to know the market, i.e. whom are you producing
for?
they are ready for consumption between 4 and 10 weeks of age. Currently in
Nigeria there seems to be a huge demand for broilers which may not be satisfied
any time soon. But the catch is to know the market, i.e. whom are you producing
for?
Chicken and Egg Distribution Business
This basically involves bridging the gap between poultry
farmers and the consumer market. It is very lucrative and requires relatively
little money to start-up. You meet poultry farmers, buy their stock and resell
them in the market to wholesalers and retailers. It does not need any special
skills, only your marketing abilities and a working vehicle.
farmers and the consumer market. It is very lucrative and requires relatively
little money to start-up. You meet poultry farmers, buy their stock and resell
them in the market to wholesalers and retailers. It does not need any special
skills, only your marketing abilities and a working vehicle.
Bean Flour Production
Most people prefer to use beans flour for moi-moi and akara.
To produce bean flour, you need to buy beans. Wash out the outer back, dry and
grind. In order to build a brand for your business, you may need to place a
label inside your packaged bean flour.
To produce bean flour, you need to buy beans. Wash out the outer back, dry and
grind. In order to build a brand for your business, you may need to place a
label inside your packaged bean flour.
Banana and Plantain Plantation
There is a high demand for ripe banana and unripe plantain
both within and outside Nigeria. You can convert any unused land at your
disposal into a banana or plantain farm.
both within and outside Nigeria. You can convert any unused land at your
disposal into a banana or plantain farm.
Grass cutter Farming
Grass cutter farming is yet another lucrative livestock
breeding business that an entrepreneur who is looking towards making money
should consider going into. In recent times, it is now pretty much easier to
breed grass cutters in cages, unlike when hunters would have to go hunting for
grass cutters. Grass cutter farming is a highly thriving and profitable
business in Africa; grass – cutter meat
is a good delicacy that is eaten in all parts of the world especially in West
Africa and East Africa.
breeding business that an entrepreneur who is looking towards making money
should consider going into. In recent times, it is now pretty much easier to
breed grass cutters in cages, unlike when hunters would have to go hunting for
grass cutters. Grass cutter farming is a highly thriving and profitable
business in Africa; grass – cutter meat
is a good delicacy that is eaten in all parts of the world especially in West
Africa and East Africa.
We Hope You Have Learnt Something?
Images Compiled by Femi Oguntayo
THINK AGRICULTURE AND VALUE CHAIN
