Agriculture is very wide with different aspects that provide unlimited opportunities. Which ever aspect you choose to major in, you’re sure going to make good profit if you play your cards well. This content will show you some agriculture business ideas in Nigeria for entrepreneurs in 2024
One thing you show know is that you don’t have to be a farmer to make money from agriculture or other farm related businesses. Get the knowledge needed (you can’t know everything), meet those who are succeeding in the field you’re going into and you’re good to go.
The demand for agric products will always be on the increase because people will always eat, so you have nothing to worry about. This article will show you 40 of them, so you can always choose anyone that suits you and put your money in it. Funny thing is some of them require little or almost no amount of money to start.
Agriculture Business Ideas in Nigeria
- Poultry farming
- Green vegetable farming
- Cassava farming business
- Catfish farming
- Mushroom business
- Snail farming business
- Rice farming business
- Maize farming business
- Chips making
- Tomato farming business
- Pig farming
- Yam business
- Pepper farming business
- Palm oil business
- Sugarcane business
- Fruit business
- Seed supply
- Bee keeping
- Nursery operation
1. Poultry farming
Poultry farming is broad with different sections also. So you can choose to raise broilers for meat production and sell to the market or raise layers for egg production or even have your own hatchery where all you do is hatch day old chicks and sell to poultry farmers.
You can decide not to raise chickens, turkey farming is also there and you’ll make good money.
Buy your day old chicks or week old chick, I prefer the week old because they’ll adapt more to a new environment. And make sure you’re getting from a reliable source, a well known poultry farm, this will help to reduce mortality rate.
When it comes to poultry farming, most people are scared because they feel they’ll lose their birds. Give them enough food and administer medications at the right time, and you’re good to go. Were putting this as the first cause it is one of the most popular agriculture business ideas in Nigeria
2. Green vegetable farming
Do you have a land that is wasting away? If yes, then a vegetable first will fit in that land. There are different green vegetable species to pick from, choose any of them and propagate. I’ll recommend pumpkin. At the end of 3-4 months you’ll be smiling at what your return is.
But if you don’t have a land of your own, you can simply rent one, you’ll get them at very cheap prices at villages. See how to start a vegetable farm in Nigeria
3. Cassava farming
We use cassava for a whole lot of things. Our garri, akpu, cassava flakes, flour, are all from cassava. So having a cassava farm and selling to companies that process them looks not bad. This is one of the good agriculture business ideas in Nigeria for entrepreneurs.
4. Catfish farming
This is one agricultural business that is still making many rich. Catfishes have low mortality rate. Get your pond, get fingerlings for about 50naira per one and sell for about 2000naira at maturity. Let’s say you purchase 100 fingerlings for 50naira, that’s 5,000naira… At maturity you sell 1 for 2,000naira that’s 200,000naira of you don’t lose a fish.
Hotels need them, restaurants need them, barbecue sellers need them. So you have nothing to worry about.
5. Mushroom business
Some persons actually prefer eating mushrooms to eating meat and fish, cause it contains more nutrient. And you don’t need so much money to start. Your work will be to find your clients and they’re everywhere, spending a little money on Facebook ads will help you get to them directly.
6. Snail farming
There are really not much snail farmers in Nigeria, and this has made snails very expensive. You can pick them in the rainy season and just drop them in a confined environment. Preferably your backyard, throw left overs and some fruits to them and harvest to sell whenever you want.
Because lots of persons don’t go into snail farming, snails tend to be very expensive, this is why it’s one of the good agriculture business in Nigeria for 2023. See How to start nail farming business in Nigeria.
7. Rice farming
97% of Nigerians eat rice at least ones in a week. The demand is very high. This is also a good aspect to put your money. Rice do not do well in every part of the country, the main Rice producing states in Nigeria is; Ebonyi, Kaduna, Kano, Niger, Benue, Taraba, Borno, Enugu and Cross River. Kebbi State has the highest production with of 2.05 million metric tones in the wet season and 1.51 million in the dry season.
If you have some big money, you can get free lands in these northern states and hire laborers to do the dirty job.
8. Maize farming
Just like cassava, maize also can be used for diverse things. Propagate and sell it to the market. A lot of Nigerian women are into the boiling and roasting of corn. And the last time I checked, they buy them from farmers. One of the most lucrative agriculture business ideas in Nigeria. See maize farming guide
9. Plantain or potato chips
Get plantain and potatoes from farmers and process into chips. You can do it the Nigerian style or give it good branding and you’re in money. Lays and Pringles get their money from selling diverse flavors of sweet and Irish potato chips.
10. Tomato farming
The best time to plant tomatoes is when it isn’t in season. Like when the demand is high and there’s low supply. All I’m saying is plant during the dry season when the price is up, and you’ll make good money.
11. Pig farming
There is so much money in pig farming. The sows give birth to lots of piglets. Rear your pigs and sell to states where it is appreciated. Not everyone like a pig meat in their food but that doesn’t change the fact that some persons actually do.
I first took pork suya in Delta state, and it was really good. And research has shown that pork meat aids long life.
12. Yam business
If you don’t have the efforts or funds for a yam farm which is really cheap to start, you can simply be the middle man by buying from farmers and selling to consumers.
13. Pepper farming
Get the best pepper seeds, plant and sell at maturity. If you don’t have a land, you can rent or plant them on big bowls with soil at your backyard. They aren’t deep rooted and will do just fine.
14. Palm Oil business
Nigerians use palm oil a lot. So you can buy from processing companies and store, then sell later when the price is up. Palm oil can stay years without going bad, so you have nothing to worry about. Though it takes time, it’s also one of the good agriculture business ideas in Nigeria for entrepreneurs.
This business will do well in villages, cause there are brands that produce palm oil that are everywhere in cities, people in the cities wouldn’t want to buy an unbranded oil over a branded one
15. Sugar cane business
Package and distribute cold sugarcane juice to restaurants or you do the whole thing yourself, buy sugarcane from farmers and process into sugarcane juice and sell to your environs. There are a bunch of things you can do with sugarcane tough, this is just one of them.
Rabbit meat is a white meat, very soft and expensive. Get the kits (young rabbits) and rear till maturity. Your market is out there.
17. Banana and plantain plantation
This will take time but it’s definitely worth. You can grow banana and plantain and sell the suckers to farmers or wait till harvest stage to sell to the market.
18. Fruit business
Choose from the different kinds of fruits to grow… Or better still, go about buying fruits from the cheap state and sell at the expensive state. I remember vividly well in July 2022, when I was travelling from Adamawa state to Edo state by road by road, we had to sleep at Benue cause the journey was too long.
I got 5 oranges for 50naira. In Benin city, 5 oranges is worth about 150naira
19. Nursery operation
A nursery is a piece of land or garden separated from the main farm for growing seeds. You first care for plant your seeds in the nursery before transplanting to the field. So you can actually grow different kind of seeds and sell to farmers in need of them. For a fee
20. Seed supply
You can as well save seeds and sell to farmers.
21. Bee keeping
Honey has lots of health benefits and that has made people change from using white sugar to honey instead. Get your own bee farm and I’ll buy from you.
22. Sell barbeque
Which ever; fish, chicken, you’ll do just fine. Buy your fish or chicken from farms, spice them up and prepare your wonderful barbeque
23. Land lending
Do you have plots of lands that aren’t in use, lend them out to farmers or others who needs them. And you know that’s not for free.
24. Juice production
Get fresh fruits with a juice extractor, convert to juice and sell. They are very expensive when it’s 100% fruit juice with no additives.
25. Guinea corn farming
Everyone is selling popcorn, cinemas use it for movies. But have you ever wondered where they got the corn from, it’s from the farm. What if you’re their supplier? Just saying.
26. Dairy farming
You can partner with the fulanis and raise cattle. There is so much money in it. And you don’t need to spend much on feed as they can graze and fend for themselves. You can also sell milk to processing companies. A very good agriculture business in Nigeria.
27. Feed manufacturing
If you have the knowledge of what and what to mix to get a poultry feed ready or a fish feed and the like. Why not go into feed manufacturing and sell to farmers.
I know of a company, what they do is to supply your farm with feeds and when your animals are sold, you give them a certain percentage of the proceeds. That’s sound really cool.
28. Sell fresh fruits
Sell fresh oranges, mangoes, paw paw.. name it. If you feel selling by the road side is low for you, you can up your game by creating social media pages for what you sell.
29. Herb/horticultural farming
Grow medicinal plants and put a price tag. You can always grow flowers. People put them in their houses these days.
30. Palm oil plantation
Partner with palm oil plantation farmers, provide cash for maintenance, at the end of the day you all share the outcome.
31. Poultry equipment manufacturing
You can make feeders, drinkers with wooden materials and sell to local farmers that can’t afford standard ones.
32. Grass cutter farming
Grass cutters are expensive to buy. So having a farm full of grass cutters is something. I ones went for a political meeting with my dad, the Nigerian leaders were around and the food we ate were served with grass cutters. That’s surely from someone’s farm.
33. Basket and Broom production
Most palm plantation farmers normally have no use for their palm fronds. So can simply ask the farmers to keep them for you, make your broom, basket etc. And sell.
34. Buy charcoal and resell
Buy from the rural areas and sell in big cities like Lagos, Abuja. A bag of charcoal is about 450-500 naira in rural communities, you can then resell for 1500 and live happily ever after.
35. Sunflower farming
Sunflower is raised for its oilseeds, and it requires no money to start. Sunflowers are everywhere, simply transplant and it becomes yours. It takes about 80-115 days to reach maturity and requires good amount of rainfall to grow well. We have good oil producing companies here. You can simply give to them for a fee.
36. Watermelon Farming
Grow watermelons or partner with northern farmers, they just know how to care for it better. Sell to retailers and everyone is happy.
Read also: Problems facing agriculture in Nigeria
37. Cashew nut distribution
Gather Cashew nuts, roast them and sell. A bottle of cashew nut is about 1000-1500. It’s not very common like groundnuts.
38. Sell Groundnuts
Get the raw ones from the market and fry. Groundnut is everywhere, so you can make yours exceptional by branding.
39. Fruits salad
Collect different fruits and make fruit salad for a fee. You can spice things up by adding some yoghurt which will lead to an increase in price.
40. Start a blog
You can also choose to be digital by giving farmers the necessary informations they need to grow their farm online. This will bring visitors to your website, and if you write quality contents, they’ll definitely come back for more.
You can also place adverts for farmers on your blog for a fee and sell your own farm products too.
Read also: How to make compost manure
Others agriculture businesses in Nigeria include;
Farm products drop shipping
The bottom line
The above listed agriculture business ideas in Nigeria are not the only ones we have going on in Nigeria, you can as well drop others at the comment section. This is just a list of them, incase you want to go into any, please do your own research.