Nigerian Agriculture Businesses

0
64

Despite the many challenges with agriculture in Nigeria, there are many agriculture enterprises in the country, both on a local and large scale. All of these farm firms can be divided into four categories based on their size and nature. Crop production, livestock, forestry, and fishing are the four categories.

1.Crop Production

Nigeria is endowed with vast swaths of arable land, making agricultural and plant cultivation and production a lucrative industry. Crop production, which accounted for 93.45% of the overall nominal increase in the agriculture sector, has recently been driving growth in the industry. The following are some examples of farm enterprises that fall into this category:

  • Rice Farming: Nigeria has one of the world’s highest rice consumption rates. Rice is consumed in Nigeria at a rate of 7 million metric tons per year. Imports from Asia (from Brazil, Vietnam, Thailand, India, and others) filled a substantial percentage of this rice demand. However, the government has recently pushed for expanded domestic rice production and processing capability. Some state governments, like those in Kebbi, Kano, Ebonyi, Anambra, Niger, Ogun, and Nasarawa, have responded to the challenge of indigenous rice production, as have some private firms.
  • Cassava Farming: Cassava is one of Nigeria’s most widely grown crops. Cassava is used to make Garri, Nigeria’s most popular staple dish. Cassava is also used to make tapioca, fufu, starch, and other foods. Nigeria’s Federal Government is also pursuing a policy of using cassava flour to replace a portion of the wheat flour used in bread baking. Thus, cassava production is critical to Nigerian agriculture.
  • Maize Farming: Maize or corn cultivation is another vital subset of Nigerian crop output. Nigeria produces almost 7 million tonnes of maize each year. Maize, often known as corn, manufactures cereals, flour, and other regional specialties such as Tuwo, Pap (Ogi), and others. Corn is a crucial carbohydrate source for animals. Hence it is widely utilized in animal feed. Maize has a good export market, and many corn producers are choosing to export their product rather than sell it for local consumption because of the attractive price.
  • Cocoa Farming: Nigeria produces cocoa as one of its cash crops. It is an important crop in Nigerian agriculture. Cocoa is primarily grown in Nigeria’s geopolitical zone of the southwest. It was previously the country’s primary source of foreign exchange. Nigeria produces over 500,000 metric tons of cocoa, shipped to the United States and the European Union.

Millet, yam, rubber, peanut, and cotton are other crops farmed in Nigeria.

Read Also: Agriculture in Nigeria

2.Livestock

Livestock farming is the practice of raising animals for local use. The following are the most frequent livestock farming practices in Nigeria:

  • Cattle Farming: The rearing of cattle and cows is one of Nigeria’s most frequent livestock husbandry practices. These animals are usually raised in a nomadic arrangement in northern Nigeria. Due to this mobile arrangement, the [Fulani] herders and the host villages where these cattle graze have had a lot of strife. This conflict has sparked interest in the ranching technique of cattle farming. The Nigerian government is looking into importing nutrient-rich grass to help sustain the ranching method of cattle farming.
  • Goat Farming: Another popular meat-producing animal in Nigeria is the goat. In Nigeria, goat farming is not done on a nomadic basis. The goats are usually raised in a semi-ranching system, in which they are housed in a fixed place and have all of their food needs met there. The goats are occasionally allowed to roam outside of their designated area. In Nigeria, this is a prevalent agricultural method.
  • Poultry Farming: In Nigeria, this is one of the most frequent cattle production methods. It entails the raising of birds for their eggs and meat. It’s a lucrative industry with good revenue flow that many Nigerians have gotten into in various shapes and scales.
  • Pig Farming: The cultivation of pigs for meat is one part of agriculture in Nigeria. Pig farming is quite popular in Nigeria’s southern regions, and it’s also a very profitable animal industry. Lacombe, Large White, Berkshire, Guinea Hog, Saddleback, and other pig breeds are commonly employed in pig farming. 

Read More: Farmcrowdy – All You Need To Know About The Agri-Tech Startup

3.Forestry

Cutting down trees and processing them into plywood, veneer, pulp, panel, and other forms used in building, paper, and furniture manufacturing are the main activities of this sector of Nigerian agriculture. Mahogany, acacia, mansonia, wood, oak, and other species or types of trees are employed in this agriculture sector.

4.Fishing

Fishing encompasses all activities involving the cultivation, raising, and processing of aquatic creatures for human use. It is a highly profitable agribusiness company that has long been a mainstay of the Nigerian economy. It is divided into the following sections:

  • Aquaculture: The breeding and raising of aquatic animals in an artificial or man-controlled environment is a part of Nigerian agriculture. The most prevalent type of fishing is catfish rearing, a brutal aquatic animal that can live in the harshest of conditions. Catfish farming is a lucrative business that employs thousands of Nigerians around the country.
  • Commercial Fishing: This element of agriculture in Nigeria [fishing] entails going into the deep oceans or into the wilds to collect fish and other aquatic animals using ships, trawlers, and other sea-faring vehicles. In this type of fishing, marine species flourish in their natural habitat before being collected or caught using nets deployed by trawlers and other fishing vessels. Aside from collecting fish, other aquatic species such as shrimp, crabs, and octopus are also brought to market this way.

In Nigeria, these four major agriculture sectors are supported by related businesses and services that add value to the raw materials produced. Therefore, incredible earnings and opportunities abound for the astute entrepreneur who recognizes the importance of agriculture and can provide services that will add value to and increase the efficiency of agriculture in Nigeria.

Facebook Comments Box

LEAVE A REPLY

Please enter your comment!
Please enter your name here