Investment in Nigerian tree crops by C. K. Laurent Download PDF EPUB FB2
This is a very important tree crop in Nigeria; the country is the 9 th producer of rubber in the world. In Nigeria, Delta state is the largest rubber producer. Other states producing rubber in the country include bia, Bayelsa, Cross River, Delta, Edo, Ekiti, Kogi, Ogun, Ondo and Rivers.
This paper discusses investment opportunities for tree crops development, processing and marketing in Nigeria, the development of which will contribute significantly to economic growth and development of the country.
The paper therefore encourages both local and foreign investors to exploit the opportunities in the tree crops. Agriculture is one of the most important sectors of Nigeria’s economy. More that 70% of the labor force is concentrated in the agriculture sector. It mostly depends on the small and scattered agricultural farms.
The products that they yield are divided into two groups - food crops and industrial crops. Farmkart is an agric-tech platform where people can invest in livestock farming to increase local food production, support farmers and get returns.
Check out @farmkartng - where you can invest in agriculture to increase local food production, support farmers and get up to 30% return on investment.
Crop farming and production in Nigeria has come a very long way, back to the era of our forefathers to our present era.
Though agriculture in Nigeria; which is a part or branch of the economy sectors in Nigeria has most times been ignored; the oil and gas sector has taken the major interest of [ ].
(5) By the time Nigeria attain its full capacity utilization is agriculture, farming will become great foreign currency earner more than the oil. The implication is that Nigerian farmers will be able to earn in Naira and in Dollars as well as other foreign currencies.
List of Lucrative Farming in Nigeria. An entrepreneur who has a connection to the flower export Investment in Nigerian tree crops book and having land-holds can initiate this venture with substantial capital investment.
Horticulture Crop Farming. Horticulturists produce fruits, flowers, and plants in greenhouses and nurseries. The selection of crops and methods is important in this business.
Potato Chips. Cash crops are also known as industrial or export crops. 33% of the land area in Nigeria is used for cultivation of crops and two-thirds of the local crop production is contributed by small farms. These farmers use simple production techniques and produce food crops which are either for home consumption or for sale.
Rural farms are located in outlying areas of the country. The vast land area is perfect for cultivating food crops, rearing livestock, and hunting; however, farming activities are highly dependent upon the seasons and natural weather conditions.
Tree Nursery. A tree nursery can be a great investment when done right. Many who take up Christmas tree farming have found they make more money selling greens and wreaths every year than from cut trees. Because small-scale tree growing takes just a few hours a week, most small growers are part-timers.
Tree farming is a great way to earn extra income for those who enjoy seeing plants grow. 5 best places to find angel investors in Nigeria. Here are 5 best places to find angel in investors in Nigeria who would be willing to invest in your idea.
Family and friends. While family and friends are the best angel investors on the planet, they have some major downsides as well. One potential investment opportunity is in firms that plant, grow and harvest crops. Many of these firms also engage in such supporting. Ube.
The Ube, scientific name Dacryodes edulis, is a species of fruit plant that is a member of the Burseraceae Family of Ube is a evergreen tree that grows to be anywhere between 59 to feet tall (18 to 40 meters) in the wild, but grows to be no taller than 39 feet (12 meters) when cultivated by humans on plantations.
Nigeria - Nigeria - Economy: The Nigerian economy is one of the largest in Africa. Since the late s it has been based primarily on the petroleum industry. A series of world oil price increases from produced rapid economic growth in transportation, construction, manufacturing, and government services.
Because this led to a great influx of rural people into the larger urban. Farmfolio is a company with a bold and forward-thinking vision - to use strategic investment to implement and manage sustainable agriculture projects across the developing world. In this way, the company seeks to improve the quality of life in underprivileged communities, meet the highest standards of environmental protection, and generate.
If investing in a timber E.T.F. or R.E.I.T. can be risky, buying a woodlot is more so. A fire, windstorm or insect infestation can fell your trees (and your investment) in short order. gap FDI is believed to fill by bringing new technologies and the required financial investments (Msuya, ).
The ability of agriculture in developing economies to meet food requirements by the yearaccording to FAO estimates, demands an annual investment of USD 83 billion (Hallam, ). The West African locust looks nothing like what Westerners might consider a vegetable plant to be.
It is a tree. A true Jack-and-the-beanstalk kind of crop, it is indeed related to beans, albeit distantly. It often grows more than 20 meters tall, and people harvest all the pods they can get.
Nigeria is a nation abundantly blessed with agricultural resources and vast agricultural products. From the North to the South, East to the West of Nigeria, there are abundant varieties of agricultural products and resources that are found to grow and suitable for cultivation in the soils in the regions and states.
In the words and [ ]. Starting a business in Nigeria may be a bit difficult, especially if you are a bit confused about what business to venture into. Here is a list of top 10 most lucrative businesses in Nigeria. crops. When these crops unfortunately fail to give enough yield food shortage occurs.
Diversification of agricultural production is important because there can be many sources of both income and product. Fruit and vegetable production is one way in which agriculture can be diversified and it is one component of crop production that.
Before his death, "The Intelligent Investor" author Benjamin Graham was a renowned professor known as the godfather of investing, and Jason Zweig, The Wall Street Journal columnist, adds in some commentary in this revised edition.
This book takes a different approach from other investing books, although it’s not without positive encouragement. Africa Youth Empowerment in Agriculture and Industrial Development is a non governmental organization that impacts youth with agricultural and industrial development skills.
2 Ipedi Farm Ventures Km 9, Kodoko Village, Gidan Mangoro Junction. The oil palm belongs to the genus Elaeis, which contains two species, E. Guineensis and E. oleifera. It is regarded as the most efficient oil-bearing crop in the world compared to other crops of the same genre in terms of land use.
However, the oil yield of oil palm has reached stagnation of late and there is an urgent need for improvement. the impact of conflict and political instability on agricultural investments in mali and nigeria i Mwangi Kimenyi is a senior fellow and.
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But saffron commands a fairly high price tag, making this a particularly profitable crop. Cherry Tomatoes. Cherry tomatoes are small and can easily grow in a backyard or small garden. You can pick the tomatoes constantly throughout the season. So it’s a perfect option for growers who want a steady yield of crops.
Goji Berries. Conventional reforestation methods through tree planting have been expensive and largely ineffective in reversing degradation at the scale required.
Yet, in many regions, a vast “underground forest” of tree stumps, roots, and seeds with the potential to rapidly restore vegetation cover exists.
Income-producing agriculture is a real asset that provides passive income and a hedge against inflation, and it’s an attractive investment for a diversified portfolio. These investments provide tangible yield derived from naturally produced products with little to no correlation to the overall stock market and lower risk of loss during market.
Investing in an oil palm plantation takes time before the profits start coming in. A palm tree requires at least five years before it matures and starts producing.
After it matures it produces palm fruits yearly. Adequate storage facilities need to be provided for the palm oil. This can be sometimes challenging especially when you have limited. “From agriculture to transportation, China has helped rebuild rail lines, roads and bridges that Nigeria could not do itself,” says Jonathan Coker, a former Nigerian ambassador to China.As Minister of Agriculture in Nigeria, my team and I helped initiate an agricultural transformation that impacted million poor farmers.
Today, as President of the African Development Bank, my passion remains the same. In treating agriculture as a business lies the future for the economic revival of Africa's rural communities.See the Problems and Prospects of Agriculture in Nigeria.
Agriculture is a way of life that involves production of animals, fishes, crops, forest resources for the consumption of man and supplying the aggro-allied product required by our sectors. It is seen as the inherited and dominant occupation employing about 70% of Nigerians.