Agriculture plays a
big role in economic development of any country,
as a matter of fact, its role can’t
be overemphasized. Before now agriculture was left in the garbage can in
Nigeria. Stakeholders were more concern about crude oil, so thanks to the oil
prices fluctuation and Nigerian recession. Agriculture is becoming trendy now
and stakeholders are looking for ways to bring in life to the once abandon
sector.
If Agriculture is
going to feed Nigeria, it should be more like manufacturing. We are supposed to drive it along the value chain process, we
should even meet up the world standard of climate smart agriculture, that is piloting
innovation in the agricultural value
chain that improves productivity and reduces climate impact( don’t worry we would
get there, don’t ask me when.)
For the past two years, I
have noticed a trend that is alarming and there are also business
opportunities that entrepreneurs and
investors can take advantage of. The
supply of grains either to industrial users or household has been on the decrease,
while demand has been on the increase. It
is interesting to note that in 2014, grains has a price surge of 50-80 % after
three months of harvest but in 2015 it went 100% increase four months after
harvest and 300% after seven months.
Join me in mathematics
, In 2015, November corn(maize) was
selling for N4000,for a bag of 100kg but increase to N12,000 in March 2016 and sold
for N15,000 in May/June before new stock
came out. So it mean if you had bought 100bags of Corn for N400,000 in November
2015 and sold in May for N15,000 a bag
that would be N1,500,000 a gross gain of N1,100,000 in six months( can your
fixed deposit give you that). This is not limit to corn(maize) we are only
using it as a case study other commodities also have a similar trend.
There are several opportunities
in this, one can look at it from the perspective of farming, or from the angle
of warehousing better still from side of value chain activities.
If you are
interested in this gold mine, we would
show you how to position and make money and how to grow your investment in this
for a fee.
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