This show the various aspect of the agricultural business which can help point to where there are potential profit making opportunities.

  1. A) Crop production to achieve food security and to provide industrial raw materials. Potentials exist for the following crops:

Cereals: Maize, rice, sorghum, corn, millet, wheat.

Root crops: Cassava, yam, ginger, potato, coco yam.

Legumes: Soya beans, groundnuts, cowpeas.

Fruits: Mango, banana, oranges, guava, papaw, pineapple.

Vegetables: Cabbage, green pepper, carrots, lettuce, spice, onions, melons.

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Tree crops: Oil palm, cocoa, rubber, coconut, kola nut, coffee, she nuts, beniseed, cotton, cashew nut, sugar cane.

  1. B) Livestock and Fisheries production which possess great potentials for development. Grazing lands are abundant, facilities for animal feed production are plentiful, and the in-land rivers, lakes and coastal creeks are sufficient to augment ocean fishery resources.

(C) Agricultural inputs supplies and machinery, water resources development especially for flood control infrastructure and irrigation.

(D) Commodity trading and transportation.

(E) Development and fabrication of appropriate small-scale mechanized technologies for on-farm processing and secondary processing of agricultural produce.

(F) Exploitation of timber and wood processing activities. A wide range of wood resources abound.

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Key Points

  • Agribusiness: The money to be made is not limited to crop or livestock production.
  • Getting the right fit: Understanding the agriculture value chain helps you identify the agribusiness that best suits your interests and budget

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