

The world of investment is made up of varied channels of investments, from capital market investments, to trust funds, and on to investing in business opportunities of various areas.
But in this period of financial hardship brought about by the global economic meltdown in the world today, going back to the village to invest in agriculture could be a panacea to solving the problem in Nigeria a country that has long abandon his first love and first source of national income-Agriculture.
Investing in this village present to us a good opportunity to make a lot of money which can be used for both personal development and national development.
Sitting on the bench facing the large Yam Market in the bristling Friday afternoon sun with market men and women moving up and down the market Alhaji Isiaka Ibrahim points towards the market “We prefer to have private investors and private organisations in our midst to help us than government because they have failed us several times. We have the land for development and farming here is very profitable” he said talking about the market and the viability of the yam business.
The village head of Ipao village in Ikole Ekiti local government in Ekiti state continues “We have so many lands that if the government have been more responsible we should be more developed than this” describing the Oja Isu owode Ipao as one of the biggest in the state while accusing the government of neglect.
In a similar situation is the palm oil rich Alabidun village in Ona-Ara local Government are of Oyo State. When it comes to Agricultural product, Alabidun village has got it all. Name it; Palm Kernel, Cocoa plantation, plantains, oranges, mango and many other plants and fruits abound in this solitary.
“In this place we have a lot of cash crop waiting to be tapped. Take for example the palm kernel seed, you can extract a lot of things from the single seed. Apart from Palm oil you can also make soap from the waste. In fact there are a lot of way money can be make from investing in palm kernel seed” said a missionary to the village Evangelist Jeremiah Williams which was corroborated by his colleague Pastor Adebayo.
The palm oil industry in this village is been operated by old women who daily swerve and toil come rain, come sun and mostly in their 50s, 60s, and 70s complained about the profit and are calling on people in urban centre like Lagos to come down there and invest not only in their palm oil business but in all the other agricultural products they have.
“The profit we get from this stress is nothing compare to the stress we pass through”. The women who usually toil and swerve under the scorching sun trying to extract as much oil as possible from the hundreds of palm kernel seeds scattered on the ground lamented. They number over 20 women age ranges from 30 – 70 years.
Other villages in the same local government and situation like Alabidun include Eleta village and Eleserin village. On the other end of the state is Eleyele Oko village with a population of over 347 struggling for development. Others are Elere-Adeogun, Agbemo village, and Onifufu village all in Idi-odo local government in Oyo State.
Further away in the cassava producing village of Adebiopon village in Obafemi-Owode Local Government area in Ogun State the farmers are beginning to cry awol for what they called unfair treatment from land developers. They said instead of investing in their rich farms and lands and building agriculture industries various estate developers scattered across it and the surrounding villages are busy buying the lands and fencing it round to be used as estate which will add no values to their lives as villagers.
“They have brought our lands including the ones we used to cultivate cassava which has led us to increase the price of a basket of garri to as much as N1, 500 from the N200-N500 price we were selling it before. Still at that we are not getting the desire profit” a woman who produces garri said while sifting the garri on fire.
One thing that was noted and which the farmers that our correspondent had an interaction with is that the rate of return on investment is very high for the investor considering the high cost living in big cities as long as they are paying them (the farmers) well “…they can make a lot of money from here” one of the farmers in Alabidun village said.
But before venturing into the village to invest into the various agricultural produce of these villages it is important to know what produce could fetch you the kind of money you desire.
One Agric produce that can give you fast return on your investment is Yam. Yam Business Opportunities will offers you a wide range of investments form planting, harvesting, processing and marketing at various stages and in various business sectors, be it advanced technologies or simple consumer products.
The diversity of opportunities in Yam marketing and cultivating allows you to opt for the type of investment you find most suitable. For example in Ipao village, one of the market women explained that with an initial investment of around N100, 000 one can be sure of getting over N800, 000 in return.
To ascertain this, a visit to the Yam market shows that ten tubers of yam go for as low as N450 – N500 which ordinarily will cost around N300 per yam in big cities like Lagos. A wheel barrow of yam goes for N1,000 to N1,500 you know how much that will go for in Lagos.
No doubt investing in Yams in places like Ipao in Ekiti will give big time return as the villagers show their readiness to give land to whoever wished to invest in the yams and at the same time developed their village economically.
Cassava no doubt will never go out of existence. As we know garri is the staple food of millions of Nigerians. As we know Eba is the favourite food of so many Nigerians. So, investment in cassava is a huge investment that one should not miss.
Though the cultivation of these staple foods of millions of Nigerian is been threaten as a result of encroachment on the land by various estate developers who bought the lands at cheap prices and sold it off at exorbitant prices.
To invest in cassava production, this point must be note to get the best yield and highest return on investment. To reduce cost of production and attain high yields, government agricultural agency recommends that land preparation be fully mechanized. A power tiller can be used if the total land area under cultivation is not more than 250ha.
Production cost for one hectare of cassava to ensure yield of 25 t/ha and above are as follows.
1 Land preparation 10,000.00
2 Cassava cuttings (60 bundles @ N300/bundle) 18,000.00
3 Planting (8 pd* at N500/pd) 4,000.00
4 Pre-emergence herbicides (5 liters at N1000/l) 5,000.00
5 Fertilizer (20:10:10, 9 bags at N2500/bag) 22,500.00
6 Insecticides (2 liters at N1000/l) 3,000.00
7 Application of herbicide 3,000.00
8 Application of insecticide 3,000.00
9 Application of fertilizer (8 pd at N500/pd) 4,000.00
10 One weeding (20 pd at N500/pd) 10,000.00
11 Harvesting (35 pd at N500/pd) 17,500.00
The total investment will be 100, 000.00 this could turn into millions by the end of the year. Also note that for cassava the farm labour wages rates may vary by location
Cassava as we know can be used for a variety of purpose of investment in such can be likening to a gold mine.
Palm Oil which Nigeria vastly blessed in is one big investment area that will continue to be so for a very long period of time. Not only does the palm represent a pillar of a nation like Nigeria but it is a catalyst for rural development and political stability.
Many social initiatives use profits from palm oil to finance poverty alleviation strategies. Palm oil is a very common cooking ingredient in Nigeria and other Africa countries.
Its increasing use in the commercial food industry in other parts of the world is buoyed by its cheaper pricing, the high oxidative stability of the refined product and high levels of natural antioxidants.
Cocoa was the main stay of the Nigeria economy before the advent of oil. The advent of oil brought about the collapse of the Agricultural sector and ultimately led to the death of cocoa farm in Nigeria. Nigeria was formally the world largest cocoa producer but now the story has changed.
But still at that thousands of Cocoa plantations are scattered across the country waiting to be harvested. From the west to he east to the south they abounds. Like a gold mine waiting to be tapped.
There is boundless opportunities in investing in cocoa production. In most cocoa areas, the main harvest lasts several months. Another harvest – the mid-crop - lasts for several additional months. Changes in weather can dramatically affect harvest times, causing fluctuations from year to year, even on the same farm.
Many Cocoa farms are lying fallows across the country with nobody to come and invest in them. Beverage companies and even health companies are the biggest customer for Cocoa product. It is a veritable investment options for wealth. It is estimated that the number of number of cocoa farmers, worldwide 5-6 million but the number in Nigeria has dwindles while the number of people who depend upon cocoa for their livelihood worldwide is between 40-50 million. Annual cocoa production worldwide is 3 million tons, Nigeria account for less than 1 percent of this figure. The annual increase in the demand for cocoa is rising every year, it is 3 percent per year, for the past 100 years.
The current global market value of annual cocoa crop $5.1 billion and it could be more if countries like Nigeria are investing heavily in the crop. The percentage of cocoa that comes from West Africa stood at 70 percent while the length of time required for a cocoa tree to produce its first beans (pods) five years. The duration of “peak growing period” for the average cocoa tree 10 years.
Cocoa is one of the most significant crops in West and Central Africa occupying between 5 and 6 million hectares in the coastal humid zone. 90% of which is grown on nearly 2 million small family farms, the majority with land holdings of 2 hectares or less. Investing in cocoa might look uncertain but the waiting that an investor will have to endure is worth it considering the huge returns that will come after the harvest and marketing of the crop.
According to a 2002 report of International Institute of Tropical Agriculture
284,000 children in the Ivory Coast, Ghana, Nigeria and Cameroon working in hazardous tasks on conventional cocoa farms, according to
Other produce that are good investment any time any day are fruits . Fruits such as bananas. Bananas are widely consumed. Yet, they represent a wide variety of inter-related issues, from environmental, economic, social, and political. Nations and regions, such as the US and EU have in the past battled in a trade war over how bananas are exported and imported, affected the poorest in the producing countries the most.
So many resources are poured into the banana industry, and like the sugar and beef examples, there is a lot of unnecessary use of resources that could otherwise be freed up to help local people in a way that is also less degrading to the surrounding environment. Planting starts in April and can be extended to October.
Plantains, carrot, orange, cashew, palm kernel seed, and kolanuts are other good examples of fruits that one can invest in these villages.
One important factor to consider when attempting tom invest in these villages is to observe the principles of fair trade. When investing in these villages, the principle of fair trade should come to play. The villages of the villages mentioned earlier are few of the cases of the seller getting poorer and the buyer getting richer.
Fair trade is an organized social movement and market-based approach that aims to help producers in developing countries and promote sustainability. The movement advocates the payment of a higher price to producers as well as social and environmental standards in areas related to the production of a wide variety of goods.
It focuses in particular on exports from developing countries to developed countries, most notably handicrafts, coffee, cocoa, sugar, tea, bananas, honey, cotton, wine, fresh fruit, chocolate and flowers.
Fair trade's strategic intent is to work with marginalized producers and workers in order to help them move towards economic self-sufficiency and stability.
It also aims to allow them to become greater stakeholders in their own organizations, as well as play a wider role in international trade. Fair trade proponents include a number of international development aid, social, religious and environmental organizations such as Christian Aid, SERRV International, Oxfam, Amnesty International, Catholic Relief Services, and Caritas International.
In 2008, Fair trade certified sales amounted to approximately US $4.08 billion (€2.9 billion) worldwide, a 22% year-to-year increase. While this represents a tiny fraction of world trade in physical merchandise, fair trade products generally account for 1-20% of all sales in their product categories in Europe and North America.
In June 2008, it was estimated that over 7.5 million producers and their families were benefiting from fair trade funded infrastructure, technical assistance and community development projects.
Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South.
No single intervention can help them all. But reducing poverty, mitigating climate change, and building resilience to climatic and market shocks means empowering these farmers and their communities to identify the investments that will best meet their needs.
According to the UK based organization Oxfam International $70 billion is the amount African countries could generate if their share of world exports increased by 1% - approximately five times what the continent receives in aid.
No doubt people will continue to eat, hence, food production will continue to increase as population increase so investing in rural areas where agricultural product abound is a wise choice for every one that loves investments. But the villagers apart from investing in their crops want a change lives.
They want the money they will get from the investment to be enough to send their children to school, to pay hospital bills and to afford all other basic necessities of life. These should be consider when planning to invest in the farm lands of rural areas scattered across the country.
But in this period of financial hardship brought about by the global economic meltdown in the world today, going back to the village to invest in agriculture could be a panacea to solving the problem in Nigeria a country that has long abandon his first love and first source of national income-Agriculture.
Investing in this village present to us a good opportunity to make a lot of money which can be used for both personal development and national development.
Sitting on the bench facing the large Yam Market in the bristling Friday afternoon sun with market men and women moving up and down the market Alhaji Isiaka Ibrahim points towards the market “We prefer to have private investors and private organisations in our midst to help us than government because they have failed us several times. We have the land for development and farming here is very profitable” he said talking about the market and the viability of the yam business.
The village head of Ipao village in Ikole Ekiti local government in Ekiti state continues “We have so many lands that if the government have been more responsible we should be more developed than this” describing the Oja Isu owode Ipao as one of the biggest in the state while accusing the government of neglect.
In a similar situation is the palm oil rich Alabidun village in Ona-Ara local Government are of Oyo State. When it comes to Agricultural product, Alabidun village has got it all. Name it; Palm Kernel, Cocoa plantation, plantains, oranges, mango and many other plants and fruits abound in this solitary.
“In this place we have a lot of cash crop waiting to be tapped. Take for example the palm kernel seed, you can extract a lot of things from the single seed. Apart from Palm oil you can also make soap from the waste. In fact there are a lot of way money can be make from investing in palm kernel seed” said a missionary to the village Evangelist Jeremiah Williams which was corroborated by his colleague Pastor Adebayo.
The palm oil industry in this village is been operated by old women who daily swerve and toil come rain, come sun and mostly in their 50s, 60s, and 70s complained about the profit and are calling on people in urban centre like Lagos to come down there and invest not only in their palm oil business but in all the other agricultural products they have.
“The profit we get from this stress is nothing compare to the stress we pass through”. The women who usually toil and swerve under the scorching sun trying to extract as much oil as possible from the hundreds of palm kernel seeds scattered on the ground lamented. They number over 20 women age ranges from 30 – 70 years.
Other villages in the same local government and situation like Alabidun include Eleta village and Eleserin village. On the other end of the state is Eleyele Oko village with a population of over 347 struggling for development. Others are Elere-Adeogun, Agbemo village, and Onifufu village all in Idi-odo local government in Oyo State.
Further away in the cassava producing village of Adebiopon village in Obafemi-Owode Local Government area in Ogun State the farmers are beginning to cry awol for what they called unfair treatment from land developers. They said instead of investing in their rich farms and lands and building agriculture industries various estate developers scattered across it and the surrounding villages are busy buying the lands and fencing it round to be used as estate which will add no values to their lives as villagers.
“They have brought our lands including the ones we used to cultivate cassava which has led us to increase the price of a basket of garri to as much as N1, 500 from the N200-N500 price we were selling it before. Still at that we are not getting the desire profit” a woman who produces garri said while sifting the garri on fire.
One thing that was noted and which the farmers that our correspondent had an interaction with is that the rate of return on investment is very high for the investor considering the high cost living in big cities as long as they are paying them (the farmers) well “…they can make a lot of money from here” one of the farmers in Alabidun village said.
But before venturing into the village to invest into the various agricultural produce of these villages it is important to know what produce could fetch you the kind of money you desire.
One Agric produce that can give you fast return on your investment is Yam. Yam Business Opportunities will offers you a wide range of investments form planting, harvesting, processing and marketing at various stages and in various business sectors, be it advanced technologies or simple consumer products.
The diversity of opportunities in Yam marketing and cultivating allows you to opt for the type of investment you find most suitable. For example in Ipao village, one of the market women explained that with an initial investment of around N100, 000 one can be sure of getting over N800, 000 in return.
To ascertain this, a visit to the Yam market shows that ten tubers of yam go for as low as N450 – N500 which ordinarily will cost around N300 per yam in big cities like Lagos. A wheel barrow of yam goes for N1,000 to N1,500 you know how much that will go for in Lagos.
No doubt investing in Yams in places like Ipao in Ekiti will give big time return as the villagers show their readiness to give land to whoever wished to invest in the yams and at the same time developed their village economically.
Cassava no doubt will never go out of existence. As we know garri is the staple food of millions of Nigerians. As we know Eba is the favourite food of so many Nigerians. So, investment in cassava is a huge investment that one should not miss.
Though the cultivation of these staple foods of millions of Nigerian is been threaten as a result of encroachment on the land by various estate developers who bought the lands at cheap prices and sold it off at exorbitant prices.
To invest in cassava production, this point must be note to get the best yield and highest return on investment. To reduce cost of production and attain high yields, government agricultural agency recommends that land preparation be fully mechanized. A power tiller can be used if the total land area under cultivation is not more than 250ha.
Production cost for one hectare of cassava to ensure yield of 25 t/ha and above are as follows.
1 Land preparation 10,000.00
2 Cassava cuttings (60 bundles @ N300/bundle) 18,000.00
3 Planting (8 pd* at N500/pd) 4,000.00
4 Pre-emergence herbicides (5 liters at N1000/l) 5,000.00
5 Fertilizer (20:10:10, 9 bags at N2500/bag) 22,500.00
6 Insecticides (2 liters at N1000/l) 3,000.00
7 Application of herbicide 3,000.00
8 Application of insecticide 3,000.00
9 Application of fertilizer (8 pd at N500/pd) 4,000.00
10 One weeding (20 pd at N500/pd) 10,000.00
11 Harvesting (35 pd at N500/pd) 17,500.00
The total investment will be 100, 000.00 this could turn into millions by the end of the year. Also note that for cassava the farm labour wages rates may vary by location
Cassava as we know can be used for a variety of purpose of investment in such can be likening to a gold mine.
Palm Oil which Nigeria vastly blessed in is one big investment area that will continue to be so for a very long period of time. Not only does the palm represent a pillar of a nation like Nigeria but it is a catalyst for rural development and political stability.
Many social initiatives use profits from palm oil to finance poverty alleviation strategies. Palm oil is a very common cooking ingredient in Nigeria and other Africa countries.
Its increasing use in the commercial food industry in other parts of the world is buoyed by its cheaper pricing, the high oxidative stability of the refined product and high levels of natural antioxidants.
Cocoa was the main stay of the Nigeria economy before the advent of oil. The advent of oil brought about the collapse of the Agricultural sector and ultimately led to the death of cocoa farm in Nigeria. Nigeria was formally the world largest cocoa producer but now the story has changed.
But still at that thousands of Cocoa plantations are scattered across the country waiting to be harvested. From the west to he east to the south they abounds. Like a gold mine waiting to be tapped.
There is boundless opportunities in investing in cocoa production. In most cocoa areas, the main harvest lasts several months. Another harvest – the mid-crop - lasts for several additional months. Changes in weather can dramatically affect harvest times, causing fluctuations from year to year, even on the same farm.
Many Cocoa farms are lying fallows across the country with nobody to come and invest in them. Beverage companies and even health companies are the biggest customer for Cocoa product. It is a veritable investment options for wealth. It is estimated that the number of number of cocoa farmers, worldwide 5-6 million but the number in Nigeria has dwindles while the number of people who depend upon cocoa for their livelihood worldwide is between 40-50 million. Annual cocoa production worldwide is 3 million tons, Nigeria account for less than 1 percent of this figure. The annual increase in the demand for cocoa is rising every year, it is 3 percent per year, for the past 100 years.
The current global market value of annual cocoa crop $5.1 billion and it could be more if countries like Nigeria are investing heavily in the crop. The percentage of cocoa that comes from West Africa stood at 70 percent while the length of time required for a cocoa tree to produce its first beans (pods) five years. The duration of “peak growing period” for the average cocoa tree 10 years.
Cocoa is one of the most significant crops in West and Central Africa occupying between 5 and 6 million hectares in the coastal humid zone. 90% of which is grown on nearly 2 million small family farms, the majority with land holdings of 2 hectares or less. Investing in cocoa might look uncertain but the waiting that an investor will have to endure is worth it considering the huge returns that will come after the harvest and marketing of the crop.
According to a 2002 report of International Institute of Tropical Agriculture
284,000 children in the Ivory Coast, Ghana, Nigeria and Cameroon working in hazardous tasks on conventional cocoa farms, according to
Other produce that are good investment any time any day are fruits . Fruits such as bananas. Bananas are widely consumed. Yet, they represent a wide variety of inter-related issues, from environmental, economic, social, and political. Nations and regions, such as the US and EU have in the past battled in a trade war over how bananas are exported and imported, affected the poorest in the producing countries the most.
So many resources are poured into the banana industry, and like the sugar and beef examples, there is a lot of unnecessary use of resources that could otherwise be freed up to help local people in a way that is also less degrading to the surrounding environment. Planting starts in April and can be extended to October.
Plantains, carrot, orange, cashew, palm kernel seed, and kolanuts are other good examples of fruits that one can invest in these villages.
One important factor to consider when attempting tom invest in these villages is to observe the principles of fair trade. When investing in these villages, the principle of fair trade should come to play. The villages of the villages mentioned earlier are few of the cases of the seller getting poorer and the buyer getting richer.
Fair trade is an organized social movement and market-based approach that aims to help producers in developing countries and promote sustainability. The movement advocates the payment of a higher price to producers as well as social and environmental standards in areas related to the production of a wide variety of goods.
It focuses in particular on exports from developing countries to developed countries, most notably handicrafts, coffee, cocoa, sugar, tea, bananas, honey, cotton, wine, fresh fruit, chocolate and flowers.
Fair trade's strategic intent is to work with marginalized producers and workers in order to help them move towards economic self-sufficiency and stability.
It also aims to allow them to become greater stakeholders in their own organizations, as well as play a wider role in international trade. Fair trade proponents include a number of international development aid, social, religious and environmental organizations such as Christian Aid, SERRV International, Oxfam, Amnesty International, Catholic Relief Services, and Caritas International.
In 2008, Fair trade certified sales amounted to approximately US $4.08 billion (€2.9 billion) worldwide, a 22% year-to-year increase. While this represents a tiny fraction of world trade in physical merchandise, fair trade products generally account for 1-20% of all sales in their product categories in Europe and North America.
In June 2008, it was estimated that over 7.5 million producers and their families were benefiting from fair trade funded infrastructure, technical assistance and community development projects.
Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South.
No single intervention can help them all. But reducing poverty, mitigating climate change, and building resilience to climatic and market shocks means empowering these farmers and their communities to identify the investments that will best meet their needs.
According to the UK based organization Oxfam International $70 billion is the amount African countries could generate if their share of world exports increased by 1% - approximately five times what the continent receives in aid.
No doubt people will continue to eat, hence, food production will continue to increase as population increase so investing in rural areas where agricultural product abound is a wise choice for every one that loves investments. But the villagers apart from investing in their crops want a change lives.
They want the money they will get from the investment to be enough to send their children to school, to pay hospital bills and to afford all other basic necessities of life. These should be consider when planning to invest in the farm lands of rural areas scattered across the country.
