Making Millions from soya beans

There is no questioning the fact that agriculture is the next gold mine that is yet to be tapped in Nigeria. The opportunities offered by this sector are so enormous that it can turn an investor into a billionaire in a very short time.

Soyabeans is one grain that is highly needed in the country, it could serve as a cash crop to be exported, a raw material  to be processed for it oil content,  protein and over 300 industrial uses. It is one of the cheapest and richest form of protein. There is high demand for industrial use more than the domestic use, as matter of fact the demand for industrial use  overstripped supply.    

Although Nigeria is the largest producer of Soyabean in the West African region, According to CBN report,  the demand for soyabean is valued at N300 billion and unfortunately  Nigeria as country can only produce 25% percent of the quantity  needed, making large gap of 75% to be filled. 30% of the demand gap is being meet by importation.

There are different ways in which an investor could exploited the opportunities offered by soyabeans .

1.      Going into mechanize farming of  soyabeans.

The opportunity of going into mechanize farming of soyabeans  is huge, In 2014, the price for Soyabeans was N75,000 per ton  in November, but in six months later the price per ton was going for N168,000. The sharp rise in price is largely caused by  demand.

   

2.      Partnership with local farmers on cultivations of Soyabeans

An investor could decide to partner with the locals in cultivation of soyabeans. These also have its own added advantage in terms of volume and other things.  

  

3.      Commodities marketing of soyabeans  

The profit  margin is high in marketing of soyabeans to industrial users but you have to learn be schooled in the business.  

4.      Processing and production of products derived from soya beans

Who smile to the bank better than you, because you have decide to add value.

The opportunities in the soyabeans  subsector is enormous but an investor must  have is fact right before investing. A detailed feasibility study is needed and I can guide and execute. (iniobong4solution@gmail.com ,07034706326