Farming in Nigeria developed a lot over the years
Farming and agriculture is and has always been a very lucrative business, as people and animals have always needed to be fed and to be taken care of from various points of view. If we stop to think for a minute about the evolution of farming worldwide, we will see the same pattern all over : as the world population grows, so does the need for farms, for food and for resources in general.
Thus, the types of farms that are needed and have always been needed in a general and particular context are of various kinds, meeting needs of all sorts and being as complex as they are varied. What kind of farms are most useful now ? Let’s break it down a bit in order to understand what exactly we are talking about :
⁃ there are farms that produce maize, grain and soybeans
⁃ farms that produce biofuel
⁃ animal farms that can also be subdivided into many categories : small animal farms, larger ones, poultry farms or cattle ones, goat farms and so on.
These however are only the practicalities of farming, along with the possibilities of agricultural investment and the companies that can actually help us understand what farm investment is. Being that legal situations are in a continuous motion in countries where farming has become lucrative, one should always work together with specialized personnel in order to identify both the best investment options, and the best ways to comply with country laws when we’re dealing in agricultural investment.
Such a country is Nigeria, where farming had only just become a bit more regulated than untill now and where knowing the laws that apply is very very important.
But this is not the only aspect of the situation at hand.
On o strictly hystorical note, there has always been a huge importance of agriculture within the African continent – Roman coins that are proof of commerce and agricultural exchanges have been found in the area.
As the Roman legions explored the African continent, crossing Sahara and reaching Niger and therefore present Nigeria, searching for gold and spices, they discovered a rather complex agricultural structure fed by the Niger river as similar to the way the Nile in Egypt did.
This only goes to prove how important farming has always been in Nigeria and how important it will most likely remain.
How is, or should, farm investment be regarded when talking about countries that have a huge potential but a very small margin for failure ? Should we take into consideration the idea that an investment into such a reliable and long-standing domain such as farming is, or will be in the long term, without doubt a good opportunity ?
Should we be, as an investor, more or less weary of investing in farming in an African country ? Is it fair to consider animal farming or plant farming as being a less lucrative or a more lucrative business only because it is placed in a country that is trying to boost its economy by offering farming funds to new investors ? This is a point of view that deserves to be not only put into the spotlight, but analyzed from multiple perspectives and that we should certainly not overlook.
