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Agriculture in Nigeria; 10 Tips to Make Money from It

Agriculture in Nigeria is the best business to do. In this post, you will see tips to make money from various agricultural activities in Nigeria.

Agriculture business is one of the lucrative businesses in the town. So many people have thought that agriculture business is enviable business nowadays.

Supposed you are into agriculture business, you may simply think otherwise. You may work in your farm non-stop perhaps, for very little money.

Read Also: How to Start Agricultural Equipment Manufacturing in Nigeria

Agriculture in Nigeria; 10 Tips to Make Money from It
Agriculture in Nigeria – Photo Source: http://ybtcnews.com

Sometimes you may feel as if you are a prisoner before your customers, who came to buy your farm produce, and sometimes too, you may begin to wonder on how much longer you are likely to keep going with your agriculture business. Occasionally, the weather may seems to work against you, while you are feeling as if you are working for just nothing.

Though some farmers think that their businesses are far from ideal, yet I do not believe any farmer will love to switch from his or her farm to a life in the urban city.

So how do you really make money from your agriculture business? To what extent can you actually maximize gain and profit from your agriculture business?

The answer to the above questions is diversification. When you begin to think like an entrepreneur, as well as, diversify your agriculture business, then you will be on your way to achieving a much higher yield from your farm business, as well as keep the lifestyle you love most, as you begin to make money, period.

Here are 10 tips for you to begin to make money from your agriculture business. With a determination to plan, you can simply turn your agriculture business into a money maker, as you begin enjoying your life.

Read Also: 19 Business Opportunities In Agriculture Sector In Nigeria

10 Tips To Make Money From Agriculture in Nigeria

1. Grow Gourmet / Medicinal Mushrooms

Growing medicinal mushrooms can in fact, be a lucrative agriculture business for you. To go into this agriculture business, you have to make sure that, you are actually growing the specialist types of mushrooms if that is what you want to cultivate in your farm.

There is so much money to make if you cultivate this type of mushroom for the purpose of medicinal use or for the restaurant market.

Depending on what type of mushroom you want to cultivate, some can be harvest in say, 15 weeks, and can yield up to about 4 lbs. in one square foot.

2. Farm Snails And Make Profit

It is possible for you to believe that snails is only pests, but if you farm snails, they can give you some huge money.

Snail farming, which is known as heliciculture has been in existence for quite sometimes now, especially in developing countries.

For instance, in many of the developing nations, snails farming is soon becoming one of the agriculture produce exporting to many other developing countries.

Snails farming will requires you to make provision for shelter, and plants, as well as, food for them, although, this varies based on one’s situation.

Read Also: How To Export Agricultural Produce In Nigeria

3. Raise Tilapia / Other Types Of Fish

To raise tilapia, as well as other type of fishes can earn you a very huge income, as fish farming is highly profitable business.

Now, if your desire is to raise tilapia fish, then you have to make sure that the area in which you want to raise tilapia has a water temperature that is, at least 20″C which is about 68″F.

And supposed the temperature of your area is lower than 20″C,  then you have to make sure that you heat the water.

Please note that if you allow your fish to grow within the temperature that is cooler than the prescribed temperature, though your fish will survive, their growth rate is likely to be slower.

4. Go Into Private Fishing Lakes

Supposed, in your area, you have lakes or even when you do not have lakes, you can even dig them. Developing public fishing lakes is quite a lucrative business in this part of the world.

You should know that, they are about two types of fishing lakes: The first type is called, ‘catch and release’, and this is basically for the fish enjoyment. In this case, your customer will have to pay and then enter even if they want to stay all day. While the other type is called, ‘fish and pay’. Once the fish is catched, it is then weighed before payment.

5. Raise Worms For Profit

Worms raising is highly lucrative. You can decide to raise worms and sell them as baits to most of the fishing shops around. The worms for example, are raised in tubs, and bins, and barrels.

And in just 90 days, you can harvest your agriculture produce. And do not forget, that, that your soil is of worm casings and the worms have provide one of the richest sources of nutrients for the soil – your garden. And this can help bring in another income stream for you as compost for soil.

This is another easy, and low-maintenance method of making more money from your farm. Since this is eco-friendly, it will open your farm to different kind of customers.

Read Also: How To Start Yam Farming In Nigeria

6. Breed Dogs For Profit

Breeding dogs can be said to be a controversial subject, and you may perhaps, think that, I do not supposed to bring this among those possible 10 tips on how to make money from agriculture.

But if I must tell you, there are quite a number of animal shelters around that are being full of dogs of all types waiting for any good home.

Having said that,, there are also quite a number of persons who are in need of certain pedigree breeds of dogs. It is high profit making business, so if you ask me, I will say,  breed small dogs, even an unusual breed because, if I must confide in you, the return on investment is something attractive.

7. Grow Dual Crops For Profit

It all depends on what crop you are growing in your own farm, nevertheless, you may decide to grow dual crops, that is, two crops side-by-side, in oder to save space.

For instance, in your farm, you may decide to plant coconut trees with space, about five meters apart. Then in between of these coconut crops, you can at this point decide to plant crops like beans, and zucchini, that is, courgette, as well as cucumbers. Harvesting different crops in your farm means huge amount of money.

8. Sell Farm By-Products For Profit

There are a lot of farm by-products available in a working farm for sell, and quite a number of these farm by-product actually have resell value, and below are some of them:

Feathers – People like to add feathers in crafts for example, jewelry-making, and hat-making, as well as other kinds of craft accessories.

Manure – for animals husbandry, manure is good for farms and gardens. You can make so much money by bagging and selling manure to members of the public or some garden centers around.

9. Grow Flowers For Profit

Growing flowers is one of the lucrative businesses around. Perhaps, you have grown crops for instance, wheat, an potatoes, and sugar beets, etc., it is time for you to start growing flowers, it is money earner.

10. Make Farming Videos For Profit

You may be thinking that perhaps, to make farm videos, which tell people something about farming is not going to attract many viewers, that is not true.

So many people love to watch a different and sometimes, unusual lifestyle. Irrespective of what you are up to, the only thing your audience know is to cheer you on. This profitable business.

Read Also: How Profitable is Tomatoes Farming in Nigeria

Conclusion

So how do you really make money from your agriculture business? To what extent can you actually maximize gain and profit from your agriculture business?

The answer to the above questions is diversification. When you begin to think like an entrepreneur, as well as, diversify your agriculture business, then you will be on your way to achieving a much higher yield from your farm business, as well as keep the lifestyle you love most, as you begin to make money, period.

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Joseph Athanasius

Joseph Athanasius is a Content Developer at InfoGuideNIgeria.com. InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Ibanga. Page maintained by Ifiokobong Ibanga. If you need a personal assistance on this topic, kindly contact us.

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