Some 15 More Low Cost Agribusiness Ideas To Try In Nigeria

Some Previously listed Ideas can be read Here

1. Grass cutter Farming

Grass cutter is the second largest rodent in Nigeria and it is endemic to Africa.

 It breeds successfully in captivity and is capable of reproducing twice a year with litter size varying from two to six.

They are primarily vegetarian and can be raised to maturity entirely on fresh grasses.

They prefer plants with high moisture content and soluble carbohydrate.

Field studies reveal that they do not burrow so they may be caged or reared in a fenced pen on the ground.

Grass cutter is worth considering for use in husbandry in the humid forest where poor grazing and harsh environment limits the performance of conventional livestock.

 Ranching of grass cutter as a backyard mini livestock would therefore improve the lot of the peasant farmers, provide an alternative source of animal protein, create job opportunities for urban dwellers.

2. Buy Charcoal from the rural areas and resell in the cities

Do you know that you can make 100% profit if you buy your charcoal from the farm or production site and sell to the retailers; a bag of charcoal (32 to 35kg bag) is being sold for N450 to N550 from the farm, while the retailers sell to the final consumer at N1000 to N1,5000 per bag.

 All you need to do is to buy the charcoal from the farmers and bring it down to the major cities like Lagos, Abuja and Port Harcourt and resell to the retailers.

But it is advisable to find out if they have an association in your vicinity, joining the association will allow you to operate with peace of mind.

Alternatively you can sell to exporters as a large market exists in EU, USA and ASIA with prices ranging from $170 to $300 per ton (FOB Nigerian Port), depending on mode of packaging.

The charcoal industry is a multi-million dollar industry and a money spinner for interested investors.

3. Snail Farming

Snail meat has been severally affirmed as a most safe and nutritious delicacy.

In these days of increased coronary implications and other health implications, snail producers are certain to hit it big because many people are shunning away from beef or red meat.

It is also pleasing to note that snail production venture could be kick-started with a little initial capital.

The best period to commence snail farming is the rainy season, you can start about 50 to 60 snails to have a good knowledge of how snail breeding works.

Make sure you go for a fully matured and big nails as they are sold in bunches of 20 pieces and the prices ranges from N1,800 and N3,000 per bunch.

It is better to buy the big ones so that you can expect them to hatch after about 35 days on location.

About N10,000 should get a new entrant started in the business

4. Coconut Juice Production

From fresh chunks of meat to milk, creams, and powders, the flavor of coconut is a distinctive addition to hundreds of sweet and savory recipes.

If properly packaged roasted and sliced to pieces with sugar, you can sell for between N20 to N100 depending on the quantity and the level of packaging.

You can make good money buy selling in wholesale to retail outlets and supermarket, but make sure your product is well branded, with your company’s name and contact.

With a good marketing plan, you are sure to make a lot of money with this business.

5. Production of Weed Killer

Another major problem confronting every farmer in Africa, especially in Nigeria, is the problem of getting rid all the unwanted crops (weeds) from the farm, which successfully compete with crops and exhaust the soil nutrients.

 The cost of weeding takes between 50 –60% of the total cost of farming but the good new here is that, there is a formulation of chemicals which is crop and environment friendly.

Herbicides market is a virgin in Nigeria- meaning that if an investor produces 20-30 tonnes daily, he will still sell all.

No single investor can meet the herbicide demand in Northern Nigeria alone, not to talk of other zones.

6. Bee Keeping and Honey Production

Honey is manufactured in one of the world’s most efficient factories, the Beehive.

Bees may travel as far as 55,000 miles and visit more than two million flowers to gather enough nectar to make just a pound of honey.

A litre of pure honey now goes for between N1000 to N2000.

You can sell your Honey to high net-worth individual, busy executives who prefer to take pure honey than sugar, I know some honey dealers who are ready to give out their honey at a ridiculously low prices, all you need to do is to package it for the local or international market.

7. Roasted and Toasted Plantain (Dodo and Boli)

Only few Nigerian have realized the money-spinning prowess of this delicious delicacy, and if properly packaged, with a good marketing strategy put in place, you are sure to make a lot of money.

It is popular among the working class as a quick mid-day meal.

8. Plantain Chips Production

After removing skin, unripe fruit can be sliced (1 or 2 mm thick) and fried in boiling oil, to produce chips.

Plantain Chips’ if they are made of green plantains that taste starchy like potato chips.

Just make sure you put your label, the more you produce, the more money you make, because majority of Nigerian love plantain chips.

9. Custard Manufacturing

In Africa, almost every ethnic group makes a different variety of food out of corn.

In Nigerian cities, people are used to what is called Ogi, Akamu (pap); this is cornstarch.

When the Europeans came, they came with what they called Custard. But it was later found out that the only difference is the coloring and flavor that was added to the corn.

 It is very easy to produce custards. You can package it in sachets.

It is very easy to market also, particularly in big towns and cities where people are used to modern life.

10. Frozen Chicken Production

Many Nigerians have come to depend on imported frozen chicken for quite a while now and this is in detriment of local poultry industry and the subsequent health implication because of the long voyage from Europe or wherever, the imported product are usually preserved with chemicals, some of which are said to be injurious to health.

A lot of people prefer not to go through the stress of slaughtering and preparing live birds because frozen chicken can easily be stored and used at will, thereby saving time; and many people think it is cheap too.

 Start-up requirement are space, knives, tables, basins, heat source, stove heater, soap, hand towel, extra hands, freezer and generator .

You need to go directly to the chicken farms to source for your live birds cheaply You can also position yourself to supply small hotels, restaurants and eateries.

11. Export Agricultural product from the rural area

Agricultural Export trading guarantees good returns on Capital on almost monthly basis.

Exporting Wood charcoal, Palm kernel shell, Cow horns, Gallstones, Bitter Kola, Cashew, Ginger, Gum Arabic Chilli pepper, bitter kola, coconut, okro, yam, etc and earn good returns on investment.

 It might interest you to know that the gap between you and the millions waiting for you in this business is nothing but the “basic understanding of an export business process.”

Understanding the fundamentals of an export business process especially as it concerns securing a genuine export order or contract with a well secured method of payment is the basic requirement in this business and then you are on your way to making unimaginable loads of money.

You can also become an export broker which is one of the easiest and most rewarding ways any prospecting exporter can raise money to go into full time export business.

Starting from a little or no capital, an export broker could earn large “finders fee” with absolutely unlimited income.

12. Source for Agro raw materials for urban manufacturing companies

Despite the apparent growth in the number of indigenous players in the industry, there still remains the fact that no company has set up a basic active raw material manufacturing plant in Nigeria.

Most of the raw materials being used by the industry in our urban centers are sourced from the rural areas, you too can be part of this opportunity by locating a manufacturing companies and start supplying them with raw materials based on their specification and quality.

Approach the personnel in charge to provide you with appropriate information on how to be their supplier.

13. Help the Nigeria rural farmers who deal in foodstuffs to export it to the foreign Countries

Our foodstuffs are very cheap in the rural areas, you can bring this food stuff to the cites and tap into the local and the international market.

Foodstuffs like Smoked fish, Garri, Beans Flour, Melon seed (Egusi Ground), Ogbono, Cassava Flour, Bitter leaf, Dried Ugu leaf, Pepper,Tomato paste, Hibiscus flower and Ukazi leaf.

Others are, Hot Chilli Pepper, Ground nut , Kola nut, Potato, Ginger, Kilishi, Soybean Groundnut, Okra, Cassava, Yam, Bitter Kola, Ofada rice, Catfish, Shrimps, Pounded Yam Flour.

You can bring some of these food items to the markets in the urban centers, you can also sell to some food stuff exporters who are looking forwards to buy at ridiculously low prices.

14. Start connecting rural farmers with exporters using the internet

Can you browse the internet very well, can you chat online? If yes, then I want to congratulate you because you can connect the agro farmers in the rural areas with Nigeria exporters and earn a commission.

A lot of exporters find it very difficult to get their desired agro product at the right quality and quantity, you can do this for them and name your price.

You can also join some online trade portals, secure a contract, sell the contract and charge an appropriate commission.

 A lot of Nigeria including my humble self earns commission by connecting the rural farmers to local exporters and I also help Nigeria secure good contract.

15. Help the rural farmers to load Agro- Exportable Product From The Hinterland and Villages to Towns

A lot of our readers have already tap into this opportunity by providing supportive services to Nigeria exporters.

You can help source for agro product for Nigerian exporters and earn finders fee.

You can travel to Jigawa, kano Kaduna, Plateau states, go to their commodity markets and meets any of the sellers of these commodities, tell them that you need a large quantity.

At least 30 tons which is a trailer load.

Your commission is between N5,000 to N20,000 per ton depending on you negotiating power, since you are loading a Trailer which is 30 Tons, multiply your commission by 30, which can be N150,000 to N600,0000 finder fee.

It is very important to know the product profile because exporters will always ask you to submit samples and the product specification. 

They will come to the market to pick the product from the market and pay you the commission because you are adding value to the export value chain and a lot of exporters will be ready to work with you.

 Take the first step towards making money and living the life you want.

 Pick an idea now, execute your plan, and earn some money with any of these urban agro business opportunities.

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