13 Innovative Agriculture Business Ideas with Little Money

  • ₦10,000 Award – Win ₦10,000 every month as a Top Follower of Intel Region | CLICK HERE

One of the biggest advantages of starting an agriculture business is that there is always a demand for farm produce. Nigeria is a country with a population of over 250 million people, and the need for food is growing rapidly. This means that there is a large and relatively untapped market for innovative agriculture businesses.

Agriculture sector is a vital part of the Nigerian economy, and it offers a number of opportunities for entrepreneurs to start and grow successful businesses. Creative agriculture business ideas can be especially appealing, as they have the ability to make a lot of money while also helping people.

We will explore some of these ideas in this article, providing you with a list of possible agric business ideas.

APPLY NOW: Federal Government Technical Talent Training Programme 2023

List of Lucratice Agricultural Business Ideas in Nigeria

Whether you aspire to be your own boss or looking for ways to boost your income, there are many innovative agriculture business ideas that can be started with relatively little capital and effort.

Connecting Farmers to Buyers

One of the biggest problems that farmers face is selling their produce to people for a good price. Technology companies have tried to solve this problem by developing apps that connect farmers with buyers, but these apps only cover a small number of farmers. 

There is still a big opportunity for individuals to become middlemen, connecting buyers and sellers. Smartphones and social media apps have made it easier to find buyers for goods and services, both online and offline.

Rabbit Rearing 

Rabbit farming is a very profitable business idea. Rabbit meat is a white meat that is eaten by people of all ages and backgrounds in Nigeria. It is very easy to raise rabbits, and they also give birth to many offspring at once. 

The interesting part is that rabbits grow very fast, and once the rabbits are mature, there is a ready market for you to sell them. which is why rabbit farming is so profitable.

However, one of the problems that rabbit farming is facing now is the market. If you can educate people about the health benefits of rabbit meat and convince them that it is a delicious and nutritious food, you will be very successful in this business.

Visit HERE to check our  Job opportunities.

Cassava Farming

Cassava farming is becoming more profitable every day because cassava products are being used in more and more ways in Nigeria. Cassava has always been a staple food for millions of individuals, and 90% of Nigerian households eat cassava products every day. Popular cassava products include garri, flour, animal feed, and commercial caramel.

As the population of Nigeria and Africa continues to grow, the demand for cassava products will increase even more, which will lead to higher profits for cassava farmers.

If you are looking for an agricultural business where you are almost sure to sell all of your crops, cassava farming is a great option.

Agriculture Blog 

If you can research a topic, you can write a blog post about it. Blogging has become a very popular and profitable business in recent years. Every month, about 409 million people read more than 20 billion blog pages.

If you are ready to start an agriculture blog, go to wordpress.org to create a blog website. Then, find a web hosting company to store your website files. Next, choose a specific topic in agriculture that you enjoy writing about. Finally, develop a content strategy to plan what topics you will write about and when.

Once your blog is up and running, you can start building an email list of subscribers. You can also decide on a regular blog posting schedule to keep your readers engaged.

One way to make money from your blog is to display ads on your website. You can use Google AdSense or other ad platforms to display ads on your blog.

Join any of these WhatsApp Groups to receive Prompt Job Alert on WhatsApp

Poultry Farming

Poultry farming is the process of raising domesticated birds such as chickens, ducks, turkeys, and geese to produce meat or eggs for food. Poultry farming in Nigeria is one of the most profitable farming businesses you can do. Chickens mature quickly, which makes them a great opportunity for entrepreneurs to make money quickly.

There is always a market for poultry products in Nigeria, as there are over 140 million people in the country. The demand for poultry products such as eggs is so high that people are always looking for where to buy them.

In addition to meat and eggs, poultry farming also produces faeces, which can be used as fertilizer. This makes poultry farming an even more sustainable business, as farmers can use the faeces to help grow their crops.

Honey Bee Farming.

Honey bee farming can be a lucrative business for people who aren’t allergic to bee stings, who don’t have a lot of money, and who have little space in their backyard to farm their honey bees. Honey is a high-value product, and there is a growing demand for honey from both consumers and businesses.

To start a honey bee farm, you will need to purchase some beehives, bees, and beekeeping equipment. You will also need to learn how to care for your bees and harvest your honey. There are many resources available to help you get started, including books, websites, and beekeeping classes.

Once you have a honey bee farm, you can sell your honey to consumers, businesses, and other beekeepers. You can also sell other bee products, such as beeswax, pollen, and royal jelly.

Rice Farming

Nigeria is the continent’s leading rice producer and produces over 46% of west Africa’s harvest, , but it still imports rice to meet its local demand. This means that there is a big opportunity for rice farmers in Nigeria.

If you are looking for a lucrative agricultural business idea in Nigeria, you should seriously consider starting a rice farm. Rice is a high-value crop, and there is a strong demand for rice in Nigeria and around the world.

However, it is important to do your research and to develop a business plan before you start farming rice. Rice farming can be a labor-intensive process, and it requires a lot of water. Rice is also susceptible to pests and diseases.

Cashew Plantation 

Cashew is a cash crop with high export potential. The demand for cashew nuts and its by-products is consistently high in Nigeria and international markets. This makes it relatively easy for farmers to sell their products and generate income.

In addition, cashew trees can live for up to 50 years. This means that cashew farming is a long-term investment that can provide farmers with a steady income for many years.

Rice Farming

Nigeria is the continent’s leading rice producer and produces over 46% of west Africa’s harvest, , but it still imports rice to meet its local demand. This means that there is a big opportunity for rice farmers in Nigeria.

If you are looking for a lucrative agricultural business idea in Nigeria, you should seriously consider starting a rice farm. Rice is a high-value crop, and there is a strong demand for rice in Nigeria and around the world.

However, it is important to do your research and to develop a business plan before you start farming rice. Rice farming can be a labor-intensive process, and it requires a lot of water. Rice is also susceptible to pests and diseases.

Cashew Plantation 

Cashew is a cash crop with high export potential. The demand for cashew nuts and its by-products is consistently high in Nigeria and international markets. This makes it relatively easy for farmers to sell their products and generate income.

In addition, cashew trees can live for up to 50 years. This means that cashew farming is a long-term investment that can provide farmers with a steady income for many years.

Pig Farming

Pig farming is a highly profitable and lucrative livestock business in Nigeria. The commercial aspect of pig farming is particularly advantageous due to the high breeding capacity of pigs, with the ability to deliver 10 to 14 piglets in a single birth.

The demand for pig meat, also known as pork, is consistently high due to its nutritional value as a rich source of protein and its delicious taste. In West Africa alone, the pork market contributes approximately $3 billion in consumption value, with a significant portion of 80% being sourced through imports. 

This indicates a substantial untapped revenue potential within the local market,  especially if you are able to sell your pork directly to consumers or to restaurants.

Maize Farming

Maize farming has been a thriving business in Nigeria for several decades, and it is one of the most popular food crops in Africa. Maize, also known as corn, is a staple food that is prepared in various ways, and it is relied upon by millions of Nigerians due to its affordability compared to other grains and cereals like wheat and rice.

The significance of Maize production in Nigeria cannot be overstated, as it yields numerous by-products that are essential to various industries. These by-products include Pap, Custard, Corn Oil, Alcohol, Cornflake, Animal/Livestock Feeds, Corn Flour, Corn Starch, and Corn Powder. Maize production, therefore, plays a crucial role in the food and beverage, livestock, and manufacturing industries in Nigeria.

Your profit in maize farming is proportional to the product of your maize. This means that the more you can transform maize into products like custard, corn oil, and flour, the more money you will make.

Bamboo Business 

Bamboo business may seem unfamiliar to many Nigerians, but it does exist. In Nigeria, bamboo is commonly utilized in the construction of high-rise buildings. Additionally, bamboo is also employed for roofing and constructing thatch roofs in rural regions.

To start this business, you simply need to identify individuals in construction sites who require bamboo and then source it from nearby forests and transport it to their construction sites. Bamboo thrives abundantly in areas close to water sources.

Why Start an Agriculture Business?

Nigeria is a country with a vast agricultural potential. It has arable land, favorable climate, and a large population. Agriculture is a major contributor to the Nigerian economy, and it employs over 30% of the population. 

There are many reasons why starting an agriculture business in Nigeria can be a good idea:

  • Government support: The Nigerian government has a number of initiatives in place to support the agricultural sector. These include financial assistance, training programs, and subsidies for inputs such as fertilizers and seeds.
  • Low startup costs: There are some agricultural businesses that you can start with very little money. For example, you could start a small poultry farm or vegetable garden with as little as 50,000 naira.
  • Favorable environment: Nigeria has a climate that is suitable for growing a wide variety of agricultural products. The country also has a large domestic market and is well-positioned for exports.

In conclusion, the agriculture sector in Nigeria presents numerous opportunities for entrepreneurs to establish profitable businesses. With a population of over 250 million people and a growing demand for food, there is a vast and largely untapped market for innovative agriculture business ideas.

This article has provided a list of potential agriculture business ideas that can serve as a starting point for aspiring entrepreneurs to explore and capitalize on the lucrative agricultural industry with minimal capital investment.

You may also want to read about the 30 Recommend Jobs to Make Money Online.

We wish you good luck in your job hunt. Do not forget to visit Our Website for Legit Jobs only!

iR Job Alert

Never Miss Any Job Openings. Let us inform you whenever a New Job is OPEN. Join iR Job Alert



Share an update or tip with us on WhatsApp: 07064212243 intelregion.com@gmail.com

Receive Job Alerts through our Social Media Channels:

NOTE: Intel Region Jobs (Jobs Region Alert) is the leading job informant in Nigeria and not necessarily an affiliate of the employer’s company.

- Advertisement -