There are many business ideas across Africa and in today’s guide we shall share with you good Agricultural Business ideas in Nigeria.
About 200 million people are living in Nigeria, which means it has many business opportunities.
What we need to do is recognize simple social problems and provide solutions.
Likewise, setting up an agricultural business in Nigeria is one sure way to do so.
Agriculture is one of the most potentially lucrative businesses in the world because it supplies the everyday food needed.
Millionaires are currently made every year by agriculture in Nigeria, and the opportunities for producing more wealth by agriculture in the coming years definitely will not end.
Here is a list of trendy profitable agricultural business ideas in Nigeria in 2021:
1. Herb Gardening Business
Growing medicinal herbs is a lucrative business. You must have proper knowledge of medicinal herbs and the many ailments they heal to accomplish that goal.
It’s advisable to grow herbs such as apricot, basil, aloe, parsley, garlic, mint, and ginger for the treatments of certain diseases and illnesses for great profits.
2. Vegetable Farming Business Ideas In Nigeria
Like herb farming, starting a vegetable farm is also one of the most straightforward and profitable agricultural businesses.
A number of vegetables can be cultivated and harvested for sale or manufacturing.
Some of these popular vegetables include wild lettuce, bitter leaves, African spinach, water leaves, eggplant leaves, scent leaf, fluted pumpkin leaf (ugu), etc.
3. Palm Oil Plantation and Processing Business
Oil palm is something of a wonder crop. It’s one of the most viable agribusiness ventures you can attempt.
Broom, palm wine, palm oil, palm kernel, palm fruit, palm kernel oil, wood or plank, and frond stall are all properties of the palm tree.
Palm oil itself is used for soap making, cosmetics, and, to a lesser degree, biofuel.
4. Cattle Farming Business Ideas In Nigeria
This is best if you have vacant land as well as the means to develop it.
Cattle rearing is a very profitable venture as long as people continue to consume beef, dairy products, and leather products.
5. Livestock feed production or distribution Enterprise
You can still make a contribution to the agric sector by producing feed for livestock, even though you do not have enough land actually to rear livestock.
It’s a small-scale manufacturing business.
You should start processing feeds used in livestock rearing if you have access to feed ingredients and raw materials.
Likewise, it’s also profitable to consider distributing processed livestock feeds to animal farmers.
You may also consider becoming a major distributor for big animal feed companies like Topfeed, Animal Care, Durante, and others.
6. Start Plantain Selling Business
Selling plantains, whether in their raw state, roasted or toasted, is a big moneymaker.
In fact, selling plantain is one of the best ways to make money because most Nigerians enjoy eating plantain in any form. From dodo, to boli and chips, particularly when stuck in traffic.
7. Fish Farming Business Ideas In Nigeria
Two primary types of fish farming are saltwater and freshwater farming.
Catfish, tilapia, tuna, swordfish, mackerel, carp, and salmon are the most common and tasty fish species consumed by Nigerians.
You may either raise these species of fish in their natural habitat or artificially in ponds.
Nigeria’s desire for fish will never be fulfilled. As a result, fish farming is one of the most lucrative businesses.
That is all we have for you in today’s business ideas.