Why Investing in Agriculture is Lucrative?
Making investments decisions come with such huge risks, especially regarding knowing what move to make or the industry to invest in. The agricultural sector in Nigeria, although improving in terms of participation and opportunities, being the largest private-sector group in Nigeria, still has quite a number of untapped potentials and endless possibilities.
However, like every other sector, the agricultural sector is not immune to seeming unforeseen mishaps that may disrupt investment returns. However, investing in agriculture can be lucrative if the right choices are made. Here are some reasons why you should consider investing in the sector.
You can invest without owning a farm; there are organizations like Babban Gona that support smallholder farmers, youth, women and the agricultural sector generally. Investing in such organizations go a long way in transforming not just the industry but improving personal lives by reducing the level of impoverishment at the grassroots level.
You can be assured that agriculture will never go out of style; especially farming and livestock. This implies that there will always be demand for cash crops, livestock and every other agricultural product.
You are sure of increased value over the long term and you can actively monitor your returns/progress. You can also invest in the agro-allied industries, with access to strategic links in other industries.
Investing in agriculture is fast becoming a trend and with the fusion of agriculture and technology a force to reckon with. Exploring investment opportunities in the sector would be a welcome development both now and in the near future.