Farming in Nigeria: How to Get Started

Farming in Nigeria

Farming in Nigeria is one of the most profitable businesses to venture into, agriculture accounts for over 20% of Nigeria’s GDP but just as about 80% of Small and Medium Enterprises (SMEs) fail in Nigeria in their first year, your farm can also fail if you go about it without proper knowledge and the needed skill.

If you are looking to start farming in Nigeria and are uncertain about how to get started. This in-depth guide explains all the information you need to start a profitable farm in Nigeria.

What is Farming?

Rearing animals and planting crops for family consumption are some of the activities we usually term “Farming”. But to make it clear, Farming goes beyond these two. Farming is the basis of agriculture.

The raw materials used in the production of different finished products are all generated through farming. Some of these raw materials include cotton, timber, cocoa, wheat, coffee, palm oil, and others. This is to say that on a large scale, farming can be defined as a business aimed at producing raw materials for personal, industrial, and commercial purposes.

Is Farming in Nigeria Profitable?

One thing every household cannot do without is food. This is a basic need of man and If the essence of farming is to end hunger, then it can be termed profitable. This is because you can make money from farming by selling your farm produce to individuals or organizations who need various farm products.

Farming when done right is profitable. But, like every other venture, money, time and resources must be invested to get high returns.

However, before you start setting up your farm and begin to make profit projections, it is recommended that you acquire knowledge about the best farming practices. When you’ve acquired the needed skills, there are many organizations, like Babban Gona, that help make farming in Nigeria easier for farmers through business expansion.

Types of Farming in Nigeria

There are different types of farming you can venture into in Nigeria. Whether you intend to start one solely for personal use or business reasons, any of this type of farming is worth investing your time in. Some of them include;

Maize Farming in Nigeria

Maize, also known as corn in some parts of the world, is one of the most consumed cereal. Aside from human consumption of maize as food, the cereal also has many industrial uses. Maize is used in commercial industries to produce many maize-based products such as maize syrup, animal feed, additives, corn starch, corn ethanol and many other products.

Maize is one of the most profitable crops to cultivate around the world and is always in demand. If properly cultivated and stored after harvest can serve as a steady means of income. In 2020, despite the pandemic, farmer members of Babban Gona recorded a bumper maize harvest of more than double of the country’s national average.

On a smaller scale, maize is used domestically in Nigeria to produce local foods such as corn pudding, pap and others. One key benefit of growing maize in Nigeria is that the plant can grow on any type of soil.

Learn about how to get started with maize farming in Nigeria, from finding a suitable land, to planting, harvest and more.

About 60% of maize produced in Nigeria is used for poultry feeds, signifying that there is a huge market for maize farmers who may be looking to supply poultry farmers or poultry feed manufacturers. Read more insights and facts about maize farming in Nigeria.

Snail Farming In Nigeria

Snail farming as the name implies is the breeding of snails for human consumption and commercial use. Going by Commercial use, slime from snails can be used in the formulation of cosmetics. Its function in cosmetics is to serve as an anti-ageing agent. Most cosmetic companies source this slime from snail farmers. Thus, this type of farming is likely to be a great source of income if you venture into it.

If you are interested in starting a snail farm, we’ve created a detailed guide on how to get started with snail farming in Nigeria. You can read the detailed guide here: Snail Farming in Nigeria: How to Get Started.

The snail industry is estimated to be worth about 12 billion dollars and is usually in high demand during the dry season. You can learn more about snail farming in Nigeria.

Plantain Farming

Plantain farming involves the cultivation of well-developed plantain suckers to grow new ones. Plantains grow well in loamy soils and are best planted during the rainy season.

If you intend to make money from plantain farming, it’s suggested that you invest in acquiring a large plantation. This will help you produce in large quantities for the commercial market.

However, if your interest is just in growing plantain for yourself and your household, a small portion of land would be ideal.

Poultry Farming In Nigeria

Raising healthy birds such as ducks, chickens, and turkeys are termed poultry farming. This can be done for personal consumption or commercial purposes. For commercial purposes, the birds and their eggs are used in manufacturing poultry products. Some of the poultry products manufactured using birds include chicken sausages, eggnog, and others.

Poultry farming in Nigeria is the most commercialized sub-sector of all Nigeria’s agricultural sub-sector. According to a report shared by the Governor of the Central Bank of Nigeria (CBN), it is worth about N1.6trn.

If you are interested in poultry farming or you are an intending poultry farmer, read this detailed step by step on how to get started with poultry farming in Nigeria.

Fish Farming in nigeria

Fish farming is another type of farming you can practice in Nigeria. This type of farming entails breeding fishes in an aquatic environment. The aquatic environment can be a pond, a cage structure, or a recycling combined construction.

Although amongst farmers, the most common system for rearing fishes is by the use of a pond system. This pond system requires water in which aquatic plants can grow.

The essence of growing water plants in ponds is to provide an aquatic environment for the fishes. If you are just starting as a farmer, a simple pond system in your home farm might be all you need.

The fishing farming sector in Nigeria only meets about 40% of demand of fishes domestically and there are increasing demand for more fish farmers in Nigeria by experts. Get more insights about fish farming in Nigeria.

Rice Farming in Nigeria

Rice is one of the most consumed foods in the world today. Most families eat rice-based meals at least three times a week. That’s to prove how much of these grains get consumed, month in month out.

Growing rice, as it’s done in other parts of the world, is the same here in Nigeria. To successfully cultivate rice in Nigeria, you will need adequate rainfall, sun, and a PH range of 5.0 – 9.0. Also, when starting rice farming, you need not worry about the type of soil, as the plant thrives on any soil type.

More so, Rice farming like every other kind of farming can be done for either personal or commercial reasons.

Rice farming in one of the most profitable types of farming in Nigeria today. The demand for locally produced rice has been on an increase since the government banned the importation of rice in 2015. If you are an intending rice farmers, here’s all the facts you need to know about rice farming in Nigeria.

How to Get Started With Farming in Nigeria.

Now you are aware of what farming entails. Next on the bucket list is to get started by following step-by-step instructions. Knowing fully well you wouldn’t want to waste resources playing a trial and error in this venture, below are basic things you should do to get started;

Go for Proper Planning

An estimate of how much it will cost you to start a farm should be your first point of action before launching out. Research about the cost of farmland, crop seeds, tools, and equipment.

Also consider the cost of maintaining your farm and general farm materials like equipment, chemicals, fertilizers, and utility bills.

A rough estimate should help you make better financial projections for your new farm.

Research and Pick a Type of Farming

Before you pick a type of farming to practice in Nigeria, do due diligence to research all things about it.

Ask questions and make inquiries about the best species of plant with regards to your environmental climate. Identify the length of time required for its cultivation and harvest. Let’s say, for instance, you aim to start growing rice – it’s important to know if your chosen species of rice is disease-resistant, has good moisture content as well as excellent shape and size.

Also, ensure that your type of farming is lucrative. Though this could only be relevant if you intend to farm for commercial purposes.

Identify an Ideal Land for Farming in Nigeria

The land consists of soil and other earthly properties. Every plant has its specification of soil type to grow on. The soil used for growing cassava will never be suitable for growing rice.

As a farmer, your responsibility is to identify the perfect soil for your crops before starting a farm. You should check for soil properties such as the absence of toxic chemicals, soil texture, PH level, structure, presence of organic matter, percentage of air and water, porosity, and chemistry of the soil.

You can assess your soil properties seamlessly by taking a sample from your land and analyzing it in a lab by a soil scientist.

Groom Your Land

Now, after identifying the ideal land for farming, next on the list is to groom your land. A land that lacks adequate nutrients and organic matter would likely not yield healthy crops. Thus, endeavour to put your land in good condition before planting a seed therein.

The use of fertilizers, crop rotation, and the growing of legumes in the soil are effective ways to groom your land. Whichever one you choose to apply in your land, the result is that your land gets more fertile, which in turn brings high yield.

Choose the Right Seed

The essence of picking the right plant seeds for your farm is to avoid waste of resources and time. Identify which plant seeds are more appropriate for the available soil type.

Start cultivating

After proper planning has been done, land groomed and plant seeds picked, next on the list is – to start cultivation! Your farm is ready to have seeds grow and mature on it.

How to Register a Farm in Nigeria?

If you are farming for the sole purpose of meeting market demands, then registering your farm should be prioritized. But, if you intend to farm for family consumption, then there won’t be a need for registering your farm.

To register your farm, search for an Agricultural Organization saddled with monitoring farm practices in your state and register under them. Some of these organizations include Rice Farmers Association, IFDC, and Agricultural Society of Nigeria.

Conclusion

Farming in Nigeria is a venture that can be learned and practised. However, whichever type of farming you choose to practice, step by step instructions are important to get you started.

Making a proper plan, researching about farming types, identifying a good land, selecting the desired seed and cultivating are easy steps to help you start a farm.

7 thoughts on “Farming in Nigeria: How to Get Started”

  1. Hello, this was alot helpful and I would like to contact the owner of the post for more information and questions. Would leave my email and hopefully get a response. Thank you

  2. Aminat Aderibigbe

    This is actually very helpful. I never thought of these processes though I’ve always love farming. In fact I have the land ready but I’m confused and scared.
    I will like to get more information and be MENTORED. Thank you.

  3. I find many articles here quite interesting and want to learn more about going into Cassava, Maize, etc farming very soon.
    Thank you

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Frank Altman

Board Director

Frank Altman is the founder and first CEO of Community Reinvestment Fund, USA. As CRF’s founder, Altman pioneered the development of a secondary market for community and economic development loans. Since 1988, under Altman’s leadership and in partnership with a network of more than 200 local community partners, CRF has funded more than $3.5 billion in loans to job-creating small businesses, non-profits, charter schools and affordable housing projects in 50 states plus the District of Columbia and more than 1,000 communities across the United States.
 
Altman helped design the creation of the federal New Markets Tax Credit to encourage private investment in low-income communities and is a founding member and first President of the New Markets Tax Credit Coalition. He is also a member of the Center for Community Development Investors at the Federal Reserve Bank of San Francisco and an advisor to the Social Innovation Initiative at Brown University and the Center for Impact Finance at the University of New Hampshire. His work has been featured in Inc. Magazine, where he was named one of its Entrepreneurs of the Year, and he received Fast Company’s Social Capitalist award.
 
Altman has been awarded the Economic Development Innovation Award from GIS Planning Inc. and fDi Intelligence for his contribution to the field of economic development. Altman is a Senior Fellow at Ashoka, the world-wide network of social entrepreneurs and a founding member of Kindred.
 
More recently, in September 2023, Altman authored a book published by Forbes and titled “A New Capitalism: Creating A Just Economy That Works For All.”It is available in physical and online book stores and on Audible.

Michael Jainzik

Board Director

 

Michael Jainzik is a Principal Sector Economist in KfW Development Bank. From 2001 to 2011 his work focused on investing and managing equity participation in investment funds and banking institutions, and in agricultural finance and microfinance. From 2011 to 2015 he worked as Director of KfW’s office in Windhoek. In this role he helped to manage and develop KfW’s EUR 250 million portfolio in Namibia. From 2015 to 2017 he assumed the position of Head of Corporate Development in Access Microfinance Holding where he was responsible for structuring and managing a merger process between Access Holding and another corporation.

Prior to his role in Babban Gona, Michael has served as a non-executive director in Access Bank Azerbaijan (2006-2011, Chairman), Belarusian Bank for Small Business (2008-2011), Rural Impulse Fund II Luxemburg (2010-2011) and AB Bank Zambia (2011-2016).

Michael has studied Economics and Management at the Universities of Lüneburg and Witten/Herdecke (Germany) and ETEA – Universidad Loyola in Córdoba (Spain) and holds a Master Degree in Economics and Management.

Bello Maccido

Board Member

 Mr. Maccido is an accomplished Corporate and Investment banker with over 31 years post graduate experience. He had at different times served on the Boards of FBN Holdings Plc, First Bank of Nigeria Plc and Legacy Pension Manager Limited and is currently the Chairman, FBN Merchant Bank Ltd. Mr. Maccido is a Fellow of both the Chartered Institute of Stockbrokers and the Chartered Institute of Bankers of Nigeria. Mr. Maccido holds a Law Degree (LL.B) and a Masters Degree in Business Administration (MBA) from Ahmadu Bello University, Zaria and Wayne State University, Detroit, Michigan, USA respectively. He is a Barrister at Law (BL) of the Supreme Court of Nigeria and an Alumnus of the Executive Business Programs of the Harvard Business School and the IMD, Lausanne, Switzerland.

Muhammad Sanusi, CON

Chairman of the Board

His Highness Muhammad Sanusi was appointed the 10th Governor and Chairman of the Board, Central Bank of Nigeria on 3 June 2009. He earned Bachelor’s and Master’s degrees in Economics from the Ahmadu Bello University, Zaria, and also has a first-class degree in Sharia and Islamic Studies from the African International University, Khartoum, Sudan.
 
From working as a lecturer at the Ahmadu Bello University, where he taught Economics, he joined the banking industry in 1985, and by January 2009 had risen to General Manager and Group Managing Director of First Bank of Nigeria PLC, Nigeria’s oldest and biggest bank. Mallam Sanusi has been conferred with a National Award of Commander of the Order of the Niger (CON) by the President of the Federal Republic of Nigeria and has also been awarded the “Global Central Bank Governor for 2010” by The Banker Magazine, a publication of the Financial Times.
 
He was also voted Central Bank Governor of the Year for Sub-Saharan Africa 2009 (an award he won again in 2010) by Emerging Markets, a publication of Euromoney Institutional Investors. In 2011, Mr. Sanusi was named Forbes Africa Person of the Year for 2011. He was also listed by TIME Magazine as one of the 100 most influential people in the world. Kola Masha (Managing Director) Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore.

Lola Masha

Executive Director

 

Before joining Babban Gona, Lola was the Director for Trust and Safety at OLX Group, working across 30+ OLX markets to ensure that buyers and sellers can transact safely and securely on the platform. Prior to her global role at OLX, Lola was the Country Manager for OLX in Nigeria where she was responsible for driving all elements of the business including Business Development, Product Localization, Marketing and other relevant functions. OLX Group is one of the world’s leading online classifieds players. Through its brands including OLX, Avito, dubizzle and letgo, OLX Group is the home of online classifieds in high-growth markets.

These platforms are the leading destination for buying and selling used goods and services in 30 countries, and the #1 mobile app in its category in more than 20 markets. Globally ~ 11 million items are exchanged through its platforms every single month.

Prior to joining OLX, Lola spent 4 years at Google leading various Product Partnerships efforts across EMEA and Emerging Markets. Lola was one of the earliest Googlers in Sub-Saharan Africa when the technology company began its operations in the region.

Lola shaped the regional strategy, executed on several core initiatives and led business development efforts with key SSA partners including the telcos, OEMs, digital content providers and local entrepreneurs. Lola brings significant leadership experience in business development, entrepreneurship, operational transformation and product development across several industries including technology and financial services.

In addition to Africa, Lola has substantial international working experience in North America, Europe, and Asia. She also worked in the Chicago office of McKinsey & Company, where she spent time advising senior executives on extensive strategic management topics. Lola holds a Doctorate degree in Engineering from the UniversiAnnual Report 2019/2020 ty of California, Berkeley and a Bachelor of Science degree in Engineering from the University of Virginia. She is happily married with two kids.

Kola Masha

Managing Director

 Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore Group, one of Nigeria’s leading agricultural conglomerates, where he raised US$24 Million to develop an integrated agricultural trading, production and processing business.

Furthermore, he led the development and execution of Notore’s commercial strategy across West and Central Africa, preparing the company to sell one million tons of fertilizer and establish a modern seed business.

He led the effort to raise $130 million in equity and the restructuring of $360 Million in debt. Kola brings significant leadership experience in venture capital, corporate finance, business development, marketing and operations, across four continents with multiple global companies, including GE, Notore and Abiomed. In addition, Kola brings extensive public sector experience as Senior Advisor to the Nigerian Minister of Agriculture.

In recognition for his leadership in driving positive change on the African Continent, he has received several global awards including the prestigious Eisenhower Fellowship, a leading leadership institute led by General Collin Powell and appointed to the Board of the African Enterprise Challenge Fund, a $250 Million fund that awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Kola holds an MBA (Honors) from Harvard and a Masters in Mechanical Engineering from the Massachusetts Institute of Technology.

Kola Masha

 

Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore Group, one of Nigeria’s leading agricultural conglomerates, where he raised US$24 Million to develop an integrated agricultural trading, production and processing business.

Furthermore, he led the development and execution of Notore’s commercial strategy across West and Central Africa, preparing the company to sell one million tons of fertilizer and establish a modern seed business.

He led the effort to raise $130 million in equity and the restructuring of $360 Million in debt. Kola brings significant leadership experience in venture capital, corporate finance, business development, marketing and operations, across four continents with multiple global companies, including GE, Notore and Abiomed. In addition, Kola brings extensive public sector experience as Senior Advisor to the Nigerian Minister of Agriculture.

In recognition for his leadership in driving positive change on the African Continent, he has received several global awards including the prestigious Eisenhower Fellowship, a leading leadership institute led by General Collin Powell and appointed to the Board of the African Enterprise Challenge Fund, a $250 Million fund that awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Kola holds an MBA (Honors) from Harvard and a Masters in Mechanical Engineering from the Massachusetts Institute of Technology.

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