Creating Wealth from Lagos' increasing population

                                                                                                                                                               Nigerian Market 

The population of Lagos state scares me.

Lagos has a population estimated at 21 million in 2014, which makes it the largest city in Africa and one of the world’s most populous. It surpassed Cairo that once held the title as far back as 2012. And you can bet on it that it will still continue to enjoy tremendous growth.

It’s really intimidating when you compare it with other states and it’s only the ancient city of Kano (with about 10 million people) that even comes anywhere close to seeing its fast fading shadows.  

Even scarier is the fact that there are a larger number of people whose data have not been completely captured by any of the government agencies, which means that millions of people living in and around the Centre of Excellence are not even accounted for.

One thing is certain, whether they are numbered among the populace or not, all Lagosians need to be fed on a daily basis.

Get the picture: every day over 20 million individuals eat at least once before midnight.

Make Huge Profit in Cashew Farming

 

Are you looking for a cash crop with a great potential to create jobs for you and others, generate considerable export opportunities, is low in farming risk and is able to bring a bigger income for farmers in rural areas? Then look no further than Cashew!

Cashew is not everyone’s favorite fruit but the cashew apple and the cashew nut are some of the farmer’s biggest moneymakers in Nigeria and in Africa at large.

The cashew apple has a succulent flesh that is sweet to taste. Its nut can be consumed as snacks. Cashew oil, obtain from cold-pressing the cashew, is used for cooking. The bark of the cashew tree is also medicinal.

 

Cashew is so widely known, popularly eaten and a ready resource for various other products that it is a given that farmers growing the crop will continue to generate revenue from it. 

How To Use Insurance to Access Agricultural Financing

Poor funding is one of the biggest problems facing Nigeria's agric industry. Farmers simply can’t access enough credit to upgrade their subsistence level farming, buy farm machinery, and hire skilled labour.

Banks on the other hand are the moneybags with limitless sums of money lying idle in their vaults, looking at farmers with reproof and running after oil barons and telecom tycoons  to come over and have some. 

How then does insurance come into the equation?

How important is Agriculture to the well-being of a Nation?

The fact has been established that agriculture is the mainstay of any nation’s economy.

Sure Nigeria, and Angola are known for their crude oil, Sierra Leone and South Africa can boast of their large Diamond fields and Ghana pride herself in having some of largest concentration of gold in the world, yet none of these valuable resources can replace agriculture in the whole equation of achieving economic development for a nation.

If all the nations of the earth were stripped of their treasured natural resources, they would still be able to survive on agriculture alone. In fact, there would be more peace, less pollution, reduced cases of global warming and we would all live longer and healthier lives.

Farming or Agro-business?

You will be coming across these two terms a lot in the course of browsing through this website and I found it expedient to pass across to you what I meant by each of them.

I don’t want you confused.

Many people use the words interchangeably to the point where they begin to assume that the two words hold the same meaning. Well, they don’t.

Farming and agro-business are not exactly the same thing.

You can be in the Agro-business without being a farmer while you are an agro-business man if you are in farming.

Farming is an agro-business but agro-business is not just solely about farming.

Farming is just one tiny, albeit key component of the trillion dollar agro-business worldwide. There are so many other agro-business components that play crucial roles in getting farm produce from the farms to our tummies.