Invest in your own goat farm in Nigeria
In an ever-developing agricultural country such as Nigeria, it is important to seize all business opportunities that arrise and that are lucrative : from small scale poultry farming to larger scale goat farms that have appeared in later years, agriculture in Nigeria has received a much needed boost.
It is important to know that, no matter the area of farming or farm investments that we regard, there must always be a tought out plan first, before entering the field itself. Because the agricultural sector of Nigeria has greatly contributed to the national income and economic growth, we must analyze what are the most popular types of farming that can be lucrative.
Thus, goat farming is a very common area, being most popular in northern parte of the country and becoming more and more developed in later years. As Nigeria is a developing African country, with large numbers of tourists, it is quite understandable why goat farming and farm investment related to this area is more and more popular – with tourists comes the request for goat meat and other products from goats.
The benefits of goat farming in Nigeria are, as it stands, many. Though they have been discussed many times, we must understand that they need to be explored with great care before entering this field of agriculture.
So, what are these points ? Let us see :
⁃ Firstly, we must know that by having a goat farm in Nigeria we will help create new jobs and thus help boost the economy at a local and even national level.
⁃ The return that goat farming has is much better than other types of farm investment, as goats produce milk, manure, skin and most importantly, high quality meat.
⁃ The initial investment in goat farming is not one as great as believed, but one far smaller than needed for cows, let’s say.
⁃ The conditions in Nigeria are perfect, climate-wise.
⁃ The request for goat meat and products from tourists and hotels is always increasing, so this will never be an issue.
With all this being considered, we will however need other components for our business, such as a great marketing strategy for our products. Even if there is a high demand for goat products, we still need a good marketing specialist to take care of our business.
However, what we must know is that farm investment is one of the most lucrative businesses in Nigeria at this time and that goat farming has exceeded expectations of new farmers. It is not only a good business oportunity and a way to gain independence, but a way to create something new and build a future.
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.