Agriculture is not crop production as
popular belief holds - it's the production of food and fiber from the world's
land and waters. Without agriculture it is not possible to have a city, stock
market, banks, university, church or army. Agriculture is the foundation of
civilization and any stable economy.
By WPP Jr
Before you set foot outside your home each day, you've more than likely
washed and eaten with this ubiquitous oil.
As the
most widely-used vegetable oil worldwide, palm oil is found in everything from
soap and shampoo to cereal, bread and cosmetics. About half of all packaged
products sold in supermarkets contain palm oil, according to the World Wildlife Fund.
Palm oil's popularity has skyrocketed in recent years. It's the most efficient source of vegetable oil, and its high yield makes it cheap to produce. It remains solid at room temperature, making it an incredibly versatile commodity. Demand has been increasing since the 1970s, making it a valuable and profitable business already worth $50 billion a year, and projected to rise to $88 billion by 2022. While crude oil prices is unstable, sells at $39-40 per barrel Palm oil sells at $90 per barrel at the international market.
Palm oil
producers have turned their eyes to Africa as their next growth spot.
The plant
is native to Liberia, Cameroon, Sierra Leone, Benin and Democratic Republic of
the Congo, but Nigeria is by
far Africa's largest producer of palm oil, and fifth largest in the
world in 2015. It already has 2.5 million hectares of land used for the
production of the oil.
The
potential of agriculture in Nigeria is underutilized. This is the time to
invest in agriculture. Without it we can’t survive the future. We are already
feeling the pain now because we neglect agriculture for too long.
Processing
plants are coming up in Nigeria. Since Shoprite venture into Nigeria market,
there is a resurgence of food chains, big supermarket spring up everywhere in
Nigeria, malls are been built, and they need reliable supplier of agricultural
produce to run their factory and stores.
Tomatoes
processing plants, fruit juice processing factory needs constant supplier of agricultural
produce to run their factory, manufacturer needs raw materials to run their
factory. In Nigeria today there is shortage of tomatoes, who will ever think
that 2 tomatoes will be sold for N500 in Nigeria. Why, because we never plan
for raining day. How many greenhouse do we have in Nigeria? Our problems are
great opportunity to create wealth. And agriculture holds that opportunity to
reduced unemployment and eradicate poverty in Nigeria.
Dangote
tomatoes processing plant has just suspend production due to lack of supply of
tomatoes, yet we have arable land to farm tomatoes all year round. That’s
opportunity for anyone who is interested in agriculture to explore and be self-sufficient.
It just shows you, the opportunity and there is good money to make in
agriculture. In times of difficulties which we face today in our nation we must
develop innovative ideas to survive. And agriculture holds that key to the next
big thing in Nigeria.
Every problem
is an opportunity to create wealth. Because money is an exchange of a problem
solve. If you need money go and solve problems.
The shortage
of housing is an opportunity for Real Estate development, the shortage of food
is an opportunity for agribusiness and to invest in farming. The supplier chain
is numerous. The shortage of energy is an opportunity for renewable energy development.
The lack of proper garbage collection is an opportunity to invest in recycling.
What did you see? Every problem is an opportunity to great wealth. And agriculture
hold the key to great wealth.
Think agriculture
think wealth.
“11 HOTTEST AGRIBUSINESS OPPORTUNITIES
IN NIGERIA
Read more:
“11 HOTTEST AGRIBUSINESS OPPORTUNITIES
IN NIGERIA
- CASSAVA FARMING
- PLANTAIN FARMING
- CASHEW FARMING
- RICE FARMING
- PIG FARMING
- POULTRY
- ANIMAL FEED
- CATFISH
- OIL PALM PLANTATION:
- RUMINANT ANIMALS (CATTLE, GOATS, SHEEP)
- MONOGASTRIC ANIMALS (RABBIT, SNAILS, GRASSCUTTER)”
@WPPJr
Editor/Publisher
Editor/Publisher
 Palm Oil:The vegetable oil that fuels a $50 billion business){kind=link}