49 agriculture business ideas
There
are unlimited opportunities
in the agricultural sector; this
post will highlight 49 agriculture
business ideas to give you a
sense of what I mean.
With the downturn of our much
relied-on oil and gas sector,
Agriculture has taken a position
of prominence in Nigeria’s
economy making up about
20.49% of our total GDP in the
first quarter of 2016 (National
Bureau of Statistics).
The demand for agricultural
products both in Nigeria and the
world at large will always be on
the high side because food is one
of the basic needs of man. Thus,
as an entrepreneur, you can key
into this demand and set up an
agro business, creating
enormous wealth for yourself.
There are many reasons every
young aspiring entrepreneur
should look into agriculture.
There are endless opportunities
in agriculture and more people
are starting to realize that,
especially young people.
This article is a highlight of
agriculture business ideas in
Nigeria and Africa at large. As
much as possible, I will give links
to other detailed articles on
some of these ideas.
That said, the best way to get
started in agriculture is to find
and learn from people who are
already involved in it.
The first hand, hands-on
knowledge far outweighs
anything you will read from any
book. The prices quoted in this
article are relative; they vary
with time and place but should
give you a general idea of what
to expect.
1. Poultry Farming – Broilers
This is for meat production. The
good thing about broilers is that
they take very little time to
mature.
The best time to start this
business is February against
Easter sales and October for
December sales. The cost of a
day old chick is N125, while a
week old chick goes for N250. It
is advisable to go for a week old
chicks because they have a
higher survival rate than the
day olds.
The bulk of your expenditure
should go on feeds for the chicks
for the duration of 3 months. At
maturity, a chicken can be sold
for between N2,000 and N2,500.
If only 35 of your chicks stayed
till maturity, you can make
N70,000 after sales.
These prices are relative, of
course, and are subject to time
and place. But it gives you a
general idea about how lucrative
this business could be. You don’t
need any specialized skills to
start, just your determination to
succeed and willingness to learn.
2. Poultry farming – Layers
breeding
Here you are breeding your
layer chickens with the major
aim of having them lay eggs. It
takes more time and costs a bit
more money for this business to
mature but here is the good
thing: it gives you two major
sources of revenue. You sell the
eggs, which is very lucrative
anytime, and when the layers
become weak, you sell them as
well.
3. Poultry feed production
You could start feed production
and supply feeds to all the
poultry farms around you. Feeds
is a major money spinner in
poultry business because for
chicken to grow they need to
eat, a lot.
It requires that you know a lot
about poultry farming and what
constitutes the feeds. Again,
learning from people who are
already in the business saves
you many mistakes downtime.
Here is our article on how to
start your own poultry feed
production business.
4. Poultry Farming –
Hatcheries
There are people who specialize
in hatching day old chicks for
poultry farmers. Because of the
demand on poultry farmers to
grow more chicken, hatcheries
are usually booked round the
clock.
This is an opportunity for more
people to enter this line of
business because in poultry
farming, it’s rare for one farm
to be involved in all processes.
Specialization is key.
5. Poultry equipment
manufacturing
These are usually skilled artisans
who construct various equipment
needed on the poultry farm –
welders, carpenters, electricians
etc. You can learn the various
specifications needed for the
poultry equipment and you are
in business.
6. 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 can focus only on chicken,
eggs or both. 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.
7. Fresh vegetables business
The fresh vegetables 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.
8. Cucumber Farming
Business
Cucumbers are the 14th most
planted vegetable in the world.
They are juicy, nutritious and
favored by many people for
their many health benefits.
Cucumber farming is a very
lucrative business as
entrepreneurs who are already
in the business will testify.
9. Catfish Farming
Catfish is a unique type of fish
rich in polyunsaturated fatty
acids which helps in managing the
human cholesterol levels.
The numerous health benefit of
this species of fish makes its
demand higher among health-
conscious eaters especially
people above the age of forty.
Restaurants, fast food joints,
hotels, food courts (shopping
malls like Shoprite), local pepper
soup joints, market women,
secondary and tertiary
institution of learning and offices
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. There
are lots of articles on the
internet about how to start
catfish farming in Nigeria.
As I explained earlier, the best
training you can get is by visiting
a successful catfish farm and
seeing things firsthand.
10. Fish Hatching Business
This is for people who are highly
experienced in fish farming. A lot
of people who wish to start the
fish farming business prefer to
hire the services of a fish
hatching consultant instead of
purchasing fingerlings which is
more expensive.
You can start a fish hatching
business to help fish farmers
start up and expand their
business. The amount you charge
for your services will depend on
your site and number of
fingerlings you are required to
hatch.
11. Snail Farming
This is another business that is
often neglected by
entrepreneurs. You can source
for small snails either from
villages or from snail farmers;
rear the snails for a given time
and sell for profits.
Read this comprehensive article
on how to start a profitable
snail farming business in Nigeria
. This article also gives a detailed
breakdown of the process.
12. Cassava Farming
With increasingly diverse use of
cassava products in Nigeria,
cassava farming is getting more
lucrative with every passing day.
Read This: 5 Basic Ways You
Can Make Money as a Writer
Even if You are Just
Starting Out
This farm product has always
been a source of livelihood and
food for millions of Nigerians. 90%
of Nigerian households consume
cassava products every day.
Some of the meals are: garri,
wheat-flour, animal feed,
commercial caramel, and a lot
more. Here is a comprehensive
guide on how to start your own
cassava farming and processing
business in Nigeria.
13. Cassava Processing
Business
Garri which is also known as
cassava flakes (eba) is one of
the widely eaten staple foods in
Nigeria. The industrial processing
of cassava in Nigeria holds much
potential for investors. Cassava
can be processed into different
products like garri flour, fufu,
tapioca, ethanol, chips, starch,
glucose syrup, etc.
All these products are in high
demand locally and have
significant export potentials.
However, restricting your plant
to processing only garri flour for
sale can still achieve for you the
status of a large, national and/
or international business.
in the agricultural sector; this
post will highlight 49 agriculture
business ideas to give you a
sense of what I mean.
With the downturn of our much
relied-on oil and gas sector,
Agriculture has taken a position
of prominence in Nigeria’s
economy making up about
20.49% of our total GDP in the
first quarter of 2016 (National
Bureau of Statistics).
The demand for agricultural
products both in Nigeria and the
world at large will always be on
the high side because food is one
of the basic needs of man. Thus,
as an entrepreneur, you can key
into this demand and set up an
agro business, creating
enormous wealth for yourself.
There are many reasons every
young aspiring entrepreneur
should look into agriculture.
There are endless opportunities
in agriculture and more people
are starting to realize that,
especially young people.
This article is a highlight of
agriculture business ideas in
Nigeria and Africa at large. As
much as possible, I will give links
to other detailed articles on
some of these ideas.
That said, the best way to get
started in agriculture is to find
and learn from people who are
already involved in it.
The first hand, hands-on
knowledge far outweighs
anything you will read from any
book. The prices quoted in this
article are relative; they vary
with time and place but should
give you a general idea of what
to expect.
1. Poultry Farming – Broilers
This is for meat production. The
good thing about broilers is that
they take very little time to
mature.
The best time to start this
business is February against
Easter sales and October for
December sales. The cost of a
day old chick is N125, while a
week old chick goes for N250. It
is advisable to go for a week old
chicks because they have a
higher survival rate than the
day olds.
The bulk of your expenditure
should go on feeds for the chicks
for the duration of 3 months. At
maturity, a chicken can be sold
for between N2,000 and N2,500.
If only 35 of your chicks stayed
till maturity, you can make
N70,000 after sales.
These prices are relative, of
course, and are subject to time
and place. But it gives you a
general idea about how lucrative
this business could be. You don’t
need any specialized skills to
start, just your determination to
succeed and willingness to learn.
2. Poultry farming – Layers
breeding
Here you are breeding your
layer chickens with the major
aim of having them lay eggs. It
takes more time and costs a bit
more money for this business to
mature but here is the good
thing: it gives you two major
sources of revenue. You sell the
eggs, which is very lucrative
anytime, and when the layers
become weak, you sell them as
well.
3. Poultry feed production
You could start feed production
and supply feeds to all the
poultry farms around you. Feeds
is a major money spinner in
poultry business because for
chicken to grow they need to
eat, a lot.
It requires that you know a lot
about poultry farming and what
constitutes the feeds. Again,
learning from people who are
already in the business saves
you many mistakes downtime.
Here is our article on how to
start your own poultry feed
production business.
4. Poultry Farming –
Hatcheries
There are people who specialize
in hatching day old chicks for
poultry farmers. Because of the
demand on poultry farmers to
grow more chicken, hatcheries
are usually booked round the
clock.
This is an opportunity for more
people to enter this line of
business because in poultry
farming, it’s rare for one farm
to be involved in all processes.
Specialization is key.
5. Poultry equipment
manufacturing
These are usually skilled artisans
who construct various equipment
needed on the poultry farm –
welders, carpenters, electricians
etc. You can learn the various
specifications needed for the
poultry equipment and you are
in business.
6. 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 can focus only on chicken,
eggs or both. 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.
7. Fresh vegetables business
The fresh vegetables 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.
8. Cucumber Farming
Business
Cucumbers are the 14th most
planted vegetable in the world.
They are juicy, nutritious and
favored by many people for
their many health benefits.
Cucumber farming is a very
lucrative business as
entrepreneurs who are already
in the business will testify.
9. Catfish Farming
Catfish is a unique type of fish
rich in polyunsaturated fatty
acids which helps in managing the
human cholesterol levels.
The numerous health benefit of
this species of fish makes its
demand higher among health-
conscious eaters especially
people above the age of forty.
Restaurants, fast food joints,
hotels, food courts (shopping
malls like Shoprite), local pepper
soup joints, market women,
secondary and tertiary
institution of learning and offices
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. There
are lots of articles on the
internet about how to start
catfish farming in Nigeria.
As I explained earlier, the best
training you can get is by visiting
a successful catfish farm and
seeing things firsthand.
10. Fish Hatching Business
This is for people who are highly
experienced in fish farming. A lot
of people who wish to start the
fish farming business prefer to
hire the services of a fish
hatching consultant instead of
purchasing fingerlings which is
more expensive.
You can start a fish hatching
business to help fish farmers
start up and expand their
business. The amount you charge
for your services will depend on
your site and number of
fingerlings you are required to
hatch.
11. Snail Farming
This is another business that is
often neglected by
entrepreneurs. You can source
for small snails either from
villages or from snail farmers;
rear the snails for a given time
and sell for profits.
Read this comprehensive article
on how to start a profitable
snail farming business in Nigeria
. This article also gives a detailed
breakdown of the process.
12. Cassava Farming
With increasingly diverse use of
cassava products in Nigeria,
cassava farming is getting more
lucrative with every passing day.
Read This: 5 Basic Ways You
Can Make Money as a Writer
Even if You are Just
Starting Out
This farm product has always
been a source of livelihood and
food for millions of Nigerians. 90%
of Nigerian households consume
cassava products every day.
Some of the meals are: garri,
wheat-flour, animal feed,
commercial caramel, and a lot
more. Here is a comprehensive
guide on how to start your own
cassava farming and processing
business in Nigeria.
13. Cassava Processing
Business
Garri which is also known as
cassava flakes (eba) is one of
the widely eaten staple foods in
Nigeria. The industrial processing
of cassava in Nigeria holds much
potential for investors. Cassava
can be processed into different
products like garri flour, fufu,
tapioca, ethanol, chips, starch,
glucose syrup, etc.
All these products are in high
demand locally and have
significant export potentials.
However, restricting your plant
to processing only garri flour for
sale can still achieve for you the
status of a large, national and/
or international business.
14. Flower Business
Flower is used for decoration.
You can start a flower business
in a nursery, and then you sell
to house owners and hotel
owners. You may charge an
extra cost to the buyer to help
transplant the flower from the
nursery to a permanent soil.
15. Rice Farming Business
Rice farming is a very practical
business in Nigeria. With over 180
million Nigerians that consume
rice at least once every week,
you have a market hungry and
willing to pay for your product.
There are government grants
put in place to encourage rice
farmers. Make your research on Google search engine.
16. Agro-Produce
Exportation
Agro-produce exportation is one
of the most lucrative agriculture
business ideas one can invest in
currently. Nigeria is major
exporter of some highly sought
agriculture produce like cocoa,
cashew, sesame seeds, bitter
kola, etc.
The commodities sell in Europe,
Asia and America. While importers
are crying because of the
situation of FOREX, exporters are
laughing their way to the bank.
A lot of materials have been
written on starting agro-export
business in Nigeria. So far, this is
the most comprehensive step-
by-step guide
on the internet regarding the
topic.
17. Mushroom Business
The high demand for mushrooms
both within and outside Nigeria
has made the mushroom business
a viable one. The good thing is
that mushrooms take just few
weeks to mature, so you can
get returns from this business in
a matter of weeks.
18. Yam Flour Production
Most people prefer to prepare
their pounded yam meal from
yam flour instead of pounding
cooked yams. The era where
African men required their wives
to pound yam every night for
dinner is fast fading away.
This opens up another door for
entrepreneurs to venture into
the yam flour business. The scale
for investment varies depending
on available capital. A yam flour
business is very simple to start.
At the smallest level, you need a
capital of about N20,000 to buy
raw yams in large measure. Slice
the yams into tiny slices and
leave under the sun to dry.
After that, you take it to a
grinding engine where it will be
ground into flour. The next step
is to package and sale for N200
per small pack.
19. Bean Flour Production
Most people prefer to use beans
flour for moi-moi and akara. To
produce bean flour, you need to
buy beans. You can start with 5
buckets of potisco beans at the
cost of N1,200 per bucket. 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. Here is a
detailed guide on how to start
your own bean flour production
company
.
20. Corn Flour Business
To start this business, you need
to buy like 3 buckets of yellow
or white dried corn for about
N500 each. Take it to the engine
where you grind into flour. You
can sell a custard bucket of the
flour for N800.
21. Quail Farming Business
Ever since Nigerians got to know
the health benefits of eating
quail eggs, the demand for quail
meat and eggs has skyrocketed.
You can start a quail farm
business with as little as N20,000.
You can earn passive income
from selling the quail birds and
supplying quail eggs to foodstuff
sellers.
22. Pig Farming Business
If you have enough capital at
your disposal, you can venture
into a pig farming business. You
can start with as little as 10 pigs
and grow your farm into a big
farm because pigs are known to
multiply rapidly.
It takes about 4-6 months for a
pig to become matured, and can
be sold for as high as N30,000.
23. Corn Farming
There is always a high demand
for corn all year round. You can
start a large scale corn farm. It
takes about 3 to 4 month for
corn to mature for harvest. You
can opt for supply corn to
companies that use it as raw
materials.
24. Fodder Growing Business
Most livestock farmers especially
those that rear pigs, sheep, and
goats have a need for the daily
supply of fodders. Fodders are
mostly grasses like clover,
alfalfa, grass and wheat. You can
grow these plants in commercial
measure and sell to livestock
farmers for a small fee.
25. Foodstuff Distribution
Business
You can buy Foodstuffs in bulk
quantities from the one part of
the country and resell in other
parts where such commodity is
required. For example, you can
buy palm oil from Nsukka and
resell in Abuja or you can buy
yam from Benue and resell in
Sokoto.
It requires knowing what is
available where and taking the
goods to that place at the right
time. A lot of people make their
money this way. You can too.
26. Charcoal Supply Business
Most industries use charcoals in
large quantities. You can buy
charcoal in large quantities from
villages and supply to bakeries
and other industries that make
use of it. A bag of charcoal can
be purchased for N1,400 and
resold for N2,000 or more. Not
just for local supplies, you can
also export the charcoal outside
the country for a higher price.
27. Plantain and Potato
Chips Business
You can purchase raw plantains
and potatoes in large quantities,
fry and package it, and supply in
bulk quantities to stores and
supermarkets.
The success of this business
depends, to a large extent on
your packaging. A lot of people
are starting to realize how
profitable this business is. It’s
nowhere near saturation yet.
And you can also start a plantain
plantation which is very good
business too.
28. Starting a Blog on Agro
Niche
Young people are embracing
agriculture as an
entrepreneurship venture. Most
of them need reliable and
accurate information to get
started. You can start a blog on
a niche in agriculture to bridge
this information gap.
For instance, you can start a
fish farming blog to educate fish
farmers and intending fish
farmers on new ways to run
their fish farming business. You
can monetize your blog through
adverts, selling of Information
Products and Online Consulting.
29. Agro-Based E-commerce
Site
Also, you can start an E-
commerce site where farmers
can display their products for
sale. Many farmers complain that
agents rip them off their hard-
earned profits. So an agro-based
E-commerce site will bridge that
gap and remove the middle man.
It will connect farmers directly
with buyers.
30. Agro-Export Agent
Agro-produce exporters need
agents who procure agriculture
commodities from farmers. These
agents know where the farmers
and the process for exportation.
Read this comprehensive step-
by-step article on agro export
to know how this benefits you.
31. Shea Butter Extraction
and Refinery
There are many agro
commodities to invest your
capital but one stand out
product will always be Shea
butter. A large market exists for
Shea butter world-wide,
particularly as it is organically
produced.
Shea butter is in high demand
and is a wonderful product. It
has high prospect and sells well
in the international market.
Opportunities exist in its
production value chain producing
on a small, medium and on a
larger scale to meet the growing
demand.
There is a growing interest in
butter from Nigeria for use as
ingredients in the cosmetics,
pharmaceutical and
confectionery industries, yet the
commodity is in limited supply as
much of it is processed by local
women through crude and labor
intensive means.
Investment in the processing of
the butter in large volume will
not only be profitable, but will
also create a feel factor for
government support as it is also
an avenue for employment for
its teeming youths.
The strong interest in the
product by cosmetic companies is
due to growing demand for a
more natural product that is
perfect for skin – Source:
Feasibility of Shea butter
extraction and refinery
32. Farming Equipment
Leasing Business
If you have large capital at your
disposal, you can buy mechanized
farming equipment and lease to
farmers for a daily fee. Some of
the farm equipment that are on
high demand are tractor and
harvesting machines.
33. Spice Cultivating
Business
There is a high demand for
spices like curry, thyme, scent
leave, nutmeg. You can cultivate
these spices, dry and package
them for sell.
34. Soy Beans and Zobo
Business
You can purchase soy beans and
Zobo in bulk quantity from
farmers and either sale directly
in smaller quantities or process
into soy milk or Zobo drink and
supply to store owners and
supermarkets.
35. Yam Business
Yam is another staple food that
is in high demand in Nigeria. You
can start a large scale yam
farming business or you can
purchase the yams at a cheaper
price from places like Benue
State and sell at a higher
quantity to retail sellers.
36. Meat Processing
Business
Nigeria is yet to have a company
that focuses on process meats.
Most of the meats sold in the
country are kept in an
unhygienic environment. You can
build a meat process company
where meats are processed and
preserved in a hygienic
environment safe for human
consumption. You may not need
to rear the animals processed
from the scratch, you can buy
these animals from livestock
farmers in the country.
37. Tomato Processing
Business
Most of the processed tomatoes
(tin or sachet tomatoes)
consumed in this country are
imported from foreign countries.
You can source for fresh
tomatoes from Northern farmers
and start your own tomato
processing company.
38. Local Food Restaurant
Most of the fast foods and
restaurants serve only
intercontinental dishes. You can
start a restaurant that serves
only free local dishes like yam
and oil, breadfruit, nkwobi and
isi-ewu.
39. Grass cutter Farming
Nigerians love Grass cutter
meats (nchi). You can start a
grass cutter farming business
where you rear grass cutters
for supply to restaurants, joints
and hotels.
40. Banana and Plantain
Plantation
There is a high demand for ripe
banana and ripe and unripe
plantain both within and outside
Nigeria. You can convert any
unused land at your disposal into
a banana or plantain farm. Here
is our article on starting a
plantain plantation business in
Nigeria.
41. Breadfruit Business
A cup of breadfruit is sold for
N120 or more depending on the
place, and there is an ever high
demand for breadfruit despite
its high cost. This shows you
that the breadfruit business is a
practical and profitable business.
You can source for breadfruits
from villages in high quantity.
The unpeeled ones can be
bought for as low as N60 per
cup. All you need do is to process
it (remove the back) and sell for
N120 per cup.
42. Palm Oil Business
Palm oil is required to prepare
almost all Nigerian delicacies,
thus, there is a high demand for
palm oil all year round. You can
either start a small-scale oil
processing business or purchase
the oil in drums and resell for a
higher price. Read this detailed
info-guide on how to start a
successful palm oil business in
Nigeria
.
43. Sugar Cane Business
Most industries that produce
edible products prefer to make
use of sugarcane instead of the
white granulated sugar. You can
start a sugarcane farm
(especially in Northern Nigeria),
and supply the matured
sugarcane to industries for
profit.
44. Consultation Services
For Farmers
If you have a special training in
an aspect of agriculture, you can
provide consultation services for
farmers in the field and charge
them a small fee as payment for
your services.
45. Bamboo Stick Business
If you look around, you will
notice that most of the football
viewing centres and drinking
joints are built with bamboos,
thus there is a sizable demand
for bamboo sticks.
The good thing about this
business is that it takes just 2
months for a bamboo plant to
mature, and a matured bamboo
stick is sold for as much as N500.
Thus, in less than 3 months; you
can start reaping some returns
on your investment.
46. Farm Machinery
Maintenance Business
Most farmers that make use of
heavy farm machinery always
have need to service and keep
up such machinery. You can start
farm machinery maintenance and
repair business.
47. Transportation Business
For Farmers
One of the challenges most
farmers encounter is the lack of
means of transportation to get
their farm produce from their
farms to the market. You can
start a farm transport business
to help farmers sort their
transportation needs for a fee.
48. Online Agric Agency
Business
You can serve as an online agent
for farmers. You place product
adverts on sites like
www.alibaba.com, once an order
is placed, you source for a
farmer that has the produce
and supply for a certain
percentage of the total sells.
49. Honey Business
You don’t need to have your
own bee farm for you to start a
honey supply business. You can
source for and purchase honey
in big jerry-cans from places like
Nsukka in Enugu State and sell in
small quantities.
Flower is used for decoration.
You can start a flower business
in a nursery, and then you sell
to house owners and hotel
owners. You may charge an
extra cost to the buyer to help
transplant the flower from the
nursery to a permanent soil.
15. Rice Farming Business
Rice farming is a very practical
business in Nigeria. With over 180
million Nigerians that consume
rice at least once every week,
you have a market hungry and
willing to pay for your product.
There are government grants
put in place to encourage rice
farmers. Make your research on Google search engine.
16. Agro-Produce
Exportation
Agro-produce exportation is one
of the most lucrative agriculture
business ideas one can invest in
currently. Nigeria is major
exporter of some highly sought
agriculture produce like cocoa,
cashew, sesame seeds, bitter
kola, etc.
The commodities sell in Europe,
Asia and America. While importers
are crying because of the
situation of FOREX, exporters are
laughing their way to the bank.
A lot of materials have been
written on starting agro-export
business in Nigeria. So far, this is
the most comprehensive step-
by-step guide
on the internet regarding the
topic.
17. Mushroom Business
The high demand for mushrooms
both within and outside Nigeria
has made the mushroom business
a viable one. The good thing is
that mushrooms take just few
weeks to mature, so you can
get returns from this business in
a matter of weeks.
18. Yam Flour Production
Most people prefer to prepare
their pounded yam meal from
yam flour instead of pounding
cooked yams. The era where
African men required their wives
to pound yam every night for
dinner is fast fading away.
This opens up another door for
entrepreneurs to venture into
the yam flour business. The scale
for investment varies depending
on available capital. A yam flour
business is very simple to start.
At the smallest level, you need a
capital of about N20,000 to buy
raw yams in large measure. Slice
the yams into tiny slices and
leave under the sun to dry.
After that, you take it to a
grinding engine where it will be
ground into flour. The next step
is to package and sale for N200
per small pack.
19. Bean Flour Production
Most people prefer to use beans
flour for moi-moi and akara. To
produce bean flour, you need to
buy beans. You can start with 5
buckets of potisco beans at the
cost of N1,200 per bucket. 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. Here is a
detailed guide on how to start
your own bean flour production
company
.
20. Corn Flour Business
To start this business, you need
to buy like 3 buckets of yellow
or white dried corn for about
N500 each. Take it to the engine
where you grind into flour. You
can sell a custard bucket of the
flour for N800.
21. Quail Farming Business
Ever since Nigerians got to know
the health benefits of eating
quail eggs, the demand for quail
meat and eggs has skyrocketed.
You can start a quail farm
business with as little as N20,000.
You can earn passive income
from selling the quail birds and
supplying quail eggs to foodstuff
sellers.
22. Pig Farming Business
If you have enough capital at
your disposal, you can venture
into a pig farming business. You
can start with as little as 10 pigs
and grow your farm into a big
farm because pigs are known to
multiply rapidly.
It takes about 4-6 months for a
pig to become matured, and can
be sold for as high as N30,000.
23. Corn Farming
There is always a high demand
for corn all year round. You can
start a large scale corn farm. It
takes about 3 to 4 month for
corn to mature for harvest. You
can opt for supply corn to
companies that use it as raw
materials.
24. Fodder Growing Business
Most livestock farmers especially
those that rear pigs, sheep, and
goats have a need for the daily
supply of fodders. Fodders are
mostly grasses like clover,
alfalfa, grass and wheat. You can
grow these plants in commercial
measure and sell to livestock
farmers for a small fee.
25. Foodstuff Distribution
Business
You can buy Foodstuffs in bulk
quantities from the one part of
the country and resell in other
parts where such commodity is
required. For example, you can
buy palm oil from Nsukka and
resell in Abuja or you can buy
yam from Benue and resell in
Sokoto.
It requires knowing what is
available where and taking the
goods to that place at the right
time. A lot of people make their
money this way. You can too.
26. Charcoal Supply Business
Most industries use charcoals in
large quantities. You can buy
charcoal in large quantities from
villages and supply to bakeries
and other industries that make
use of it. A bag of charcoal can
be purchased for N1,400 and
resold for N2,000 or more. Not
just for local supplies, you can
also export the charcoal outside
the country for a higher price.
27. Plantain and Potato
Chips Business
You can purchase raw plantains
and potatoes in large quantities,
fry and package it, and supply in
bulk quantities to stores and
supermarkets.
The success of this business
depends, to a large extent on
your packaging. A lot of people
are starting to realize how
profitable this business is. It’s
nowhere near saturation yet.
And you can also start a plantain
plantation which is very good
business too.
28. Starting a Blog on Agro
Niche
Young people are embracing
agriculture as an
entrepreneurship venture. Most
of them need reliable and
accurate information to get
started. You can start a blog on
a niche in agriculture to bridge
this information gap.
For instance, you can start a
fish farming blog to educate fish
farmers and intending fish
farmers on new ways to run
their fish farming business. You
can monetize your blog through
adverts, selling of Information
Products and Online Consulting.
29. Agro-Based E-commerce
Site
Also, you can start an E-
commerce site where farmers
can display their products for
sale. Many farmers complain that
agents rip them off their hard-
earned profits. So an agro-based
E-commerce site will bridge that
gap and remove the middle man.
It will connect farmers directly
with buyers.
30. Agro-Export Agent
Agro-produce exporters need
agents who procure agriculture
commodities from farmers. These
agents know where the farmers
and the process for exportation.
Read this comprehensive step-
by-step article on agro export
to know how this benefits you.
31. Shea Butter Extraction
and Refinery
There are many agro
commodities to invest your
capital but one stand out
product will always be Shea
butter. A large market exists for
Shea butter world-wide,
particularly as it is organically
produced.
Shea butter is in high demand
and is a wonderful product. It
has high prospect and sells well
in the international market.
Opportunities exist in its
production value chain producing
on a small, medium and on a
larger scale to meet the growing
demand.
There is a growing interest in
butter from Nigeria for use as
ingredients in the cosmetics,
pharmaceutical and
confectionery industries, yet the
commodity is in limited supply as
much of it is processed by local
women through crude and labor
intensive means.
Investment in the processing of
the butter in large volume will
not only be profitable, but will
also create a feel factor for
government support as it is also
an avenue for employment for
its teeming youths.
The strong interest in the
product by cosmetic companies is
due to growing demand for a
more natural product that is
perfect for skin – Source:
Feasibility of Shea butter
extraction and refinery
32. Farming Equipment
Leasing Business
If you have large capital at your
disposal, you can buy mechanized
farming equipment and lease to
farmers for a daily fee. Some of
the farm equipment that are on
high demand are tractor and
harvesting machines.
33. Spice Cultivating
Business
There is a high demand for
spices like curry, thyme, scent
leave, nutmeg. You can cultivate
these spices, dry and package
them for sell.
34. Soy Beans and Zobo
Business
You can purchase soy beans and
Zobo in bulk quantity from
farmers and either sale directly
in smaller quantities or process
into soy milk or Zobo drink and
supply to store owners and
supermarkets.
35. Yam Business
Yam is another staple food that
is in high demand in Nigeria. You
can start a large scale yam
farming business or you can
purchase the yams at a cheaper
price from places like Benue
State and sell at a higher
quantity to retail sellers.
36. Meat Processing
Business
Nigeria is yet to have a company
that focuses on process meats.
Most of the meats sold in the
country are kept in an
unhygienic environment. You can
build a meat process company
where meats are processed and
preserved in a hygienic
environment safe for human
consumption. You may not need
to rear the animals processed
from the scratch, you can buy
these animals from livestock
farmers in the country.
37. Tomato Processing
Business
Most of the processed tomatoes
(tin or sachet tomatoes)
consumed in this country are
imported from foreign countries.
You can source for fresh
tomatoes from Northern farmers
and start your own tomato
processing company.
38. Local Food Restaurant
Most of the fast foods and
restaurants serve only
intercontinental dishes. You can
start a restaurant that serves
only free local dishes like yam
and oil, breadfruit, nkwobi and
isi-ewu.
39. Grass cutter Farming
Nigerians love Grass cutter
meats (nchi). You can start a
grass cutter farming business
where you rear grass cutters
for supply to restaurants, joints
and hotels.
40. Banana and Plantain
Plantation
There is a high demand for ripe
banana and ripe and unripe
plantain both within and outside
Nigeria. You can convert any
unused land at your disposal into
a banana or plantain farm. Here
is our article on starting a
plantain plantation business in
Nigeria.
41. Breadfruit Business
A cup of breadfruit is sold for
N120 or more depending on the
place, and there is an ever high
demand for breadfruit despite
its high cost. This shows you
that the breadfruit business is a
practical and profitable business.
You can source for breadfruits
from villages in high quantity.
The unpeeled ones can be
bought for as low as N60 per
cup. All you need do is to process
it (remove the back) and sell for
N120 per cup.
42. Palm Oil Business
Palm oil is required to prepare
almost all Nigerian delicacies,
thus, there is a high demand for
palm oil all year round. You can
either start a small-scale oil
processing business or purchase
the oil in drums and resell for a
higher price. Read this detailed
info-guide on how to start a
successful palm oil business in
Nigeria
.
43. Sugar Cane Business
Most industries that produce
edible products prefer to make
use of sugarcane instead of the
white granulated sugar. You can
start a sugarcane farm
(especially in Northern Nigeria),
and supply the matured
sugarcane to industries for
profit.
44. Consultation Services
For Farmers
If you have a special training in
an aspect of agriculture, you can
provide consultation services for
farmers in the field and charge
them a small fee as payment for
your services.
45. Bamboo Stick Business
If you look around, you will
notice that most of the football
viewing centres and drinking
joints are built with bamboos,
thus there is a sizable demand
for bamboo sticks.
The good thing about this
business is that it takes just 2
months for a bamboo plant to
mature, and a matured bamboo
stick is sold for as much as N500.
Thus, in less than 3 months; you
can start reaping some returns
on your investment.
46. Farm Machinery
Maintenance Business
Most farmers that make use of
heavy farm machinery always
have need to service and keep
up such machinery. You can start
farm machinery maintenance and
repair business.
47. Transportation Business
For Farmers
One of the challenges most
farmers encounter is the lack of
means of transportation to get
their farm produce from their
farms to the market. You can
start a farm transport business
to help farmers sort their
transportation needs for a fee.
48. Online Agric Agency
Business
You can serve as an online agent
for farmers. You place product
adverts on sites like
www.alibaba.com, once an order
is placed, you source for a
farmer that has the produce
and supply for a certain
percentage of the total sells.
49. Honey Business
You don’t need to have your
own bee farm for you to start a
honey supply business. You can
source for and purchase honey
in big jerry-cans from places like
Nsukka in Enugu State and sell in
small quantities.
About the Author
Augustine
Amaechi is an unrepentant Entrepreneur, a Television Host and a seasoned preacher.
He started this blog to help aspiring entrepreneur with relevant information on
Entrepreneurship.
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