There are many reasons why a prospective investor should invest in agriculture. First of all agriculture is a low-risk investment that keeps pace with inflation and increases in value over the long-term.
Investment in agriculture is a tangible asset that provides benefit to the community, and it can diversify the investor’s portfolio, as well as guaranting significant revenue for the investor.
Though it depend on the investment and the type of farm, you can profit through many different ways.
You may be surprised but agriculture in Nigeria is one of the sectors that gave birth to the whole set of millionaires. Given the fact that the government continues to drive agriculture in order to diversify the economy, it is an attractive area for investors.
Besides, most people on the African continent lives in rural areas, so African countries will keep a finger on the pulse of the agricultural sector.
Livestock farming (branch of agriculture) is Another top business idea to invest in Nigeria, as food is a necessary means of survival. This industry is supported by the Nigerian government as a way of promoting economic diversification.
If you are not interested in direct farming, you can cooperate with a company that makes its profit on farming.
Remember to do an investigation of the organization you are planning to invest in to avoid being shortchanged or scammed.
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