Investment Opportunities in Agriculture in Nigeria!!!
A Presentation by Edobong Akpabio at the Archbishop Vining Memorial Church Cathedral, Ikeja "Agro Food Processing & Packaging Seminar" on Friday 18th June, 2021.
#Agriculture
#Investment
#Opportunity
#Nigeria🇳🇬
A Presentation by Edobong Akpabio at the Archbishop Vining Memorial Church Cathedral, Ikeja "Agro Food Processing & Packaging Seminar" on Friday 18th June, 2021.
#Agriculture
#Investment
#Opportunity
#Nigeria🇳🇬
What is #Agriculture?
There are various definitions of #agriculture but simply, it is "the science, art & occupation of farming for food, clothing, shelter, medicine, recreation, etc."
There are almost limitless opportunities for investment in the #agriculture sector in 🇳🇬.
There are various definitions of #agriculture but simply, it is "the science, art & occupation of farming for food, clothing, shelter, medicine, recreation, etc."
There are almost limitless opportunities for investment in the #agriculture sector in 🇳🇬.
You can find information on these opportunities in many platforms, most of them at the fingertips. They include:
1. Government policy
2. The media
3. Agriculture value chain
4. Agribusiness
5. Consumer needs, etc.
Anyone interested in investing needs good information.
1. Government policy
2. The media
3. Agriculture value chain
4. Agribusiness
5. Consumer needs, etc.
Anyone interested in investing needs good information.
1. Government Policy
This is a formal statement, documenting the plans and intentions of the government to either remove certain deficiencies or improve the conditions in an area of concern or interest.
A budget, for instance, provides a good insight into government plans.
This is a formal statement, documenting the plans and intentions of the government to either remove certain deficiencies or improve the conditions in an area of concern or interest.
A budget, for instance, provides a good insight into government plans.
Successful business owners pay significant attention to government policies and budgets because it points them to the direction of government interest, support and expenditure. They will brainstorm, analyse and take note of the impact of the policy on their business.
Government policy usually has a wide impact, affecting daily living and activities, many times, long term. Entrepreneurs who ignore that do so at their own peril and find themselves being helplessly reactive when the consequences hit their business due to their unpreparedness.
Sometime ago, I asked a class of entrepreneurs if they knew about the "Budget Padding" scandal in Nigeria. Many hands came up. Next question, "How many read the national budget that year?" No hands😳
Serious entrepreneurs pay more attention to the budget, not the padding.
Serious entrepreneurs pay more attention to the budget, not the padding.
Entrepreneurs that desire to be successful must learn to read, study and analyse the national, state and LG policies and budgets in order to identify the opportunities for their business and/or make plans for the mitigation of adverse effects on their business.
2. Agriculture Value Chain
This depicts the relationship among the actors/activities that bring agricultural produce from production to the consumer and the value added at each stage.
The value chain is a good source of knowledge and information for investment opportunities.
This depicts the relationship among the actors/activities that bring agricultural produce from production to the consumer and the value added at each stage.
The value chain is a good source of knowledge and information for investment opportunities.
3. Agribusiness
#Agribusiness encompasses the economic activities - domestic, commercial and industrial - that are related to #agriculture. The value addition opportunities involved in #Agribusiness provide pointers for investment areas for interested investors.
#Agribusiness encompasses the economic activities - domestic, commercial and industrial - that are related to #agriculture. The value addition opportunities involved in #Agribusiness provide pointers for investment areas for interested investors.
4. Consumer Needs
Investors can obtain lots of information and knowledge for business in Agriculture by studying the needs of consumers. In any case, entrepreneurs are in business to:
- Meet a need
- Fill a gap
- Offer a change
- Provide a solution
Like answer to question!
Investors can obtain lots of information and knowledge for business in Agriculture by studying the needs of consumers. In any case, entrepreneurs are in business to:
- Meet a need
- Fill a gap
- Offer a change
- Provide a solution
Like answer to question!
5. The Media
Investors can reach for publications such as books, newspapers, business magazines & journals (social media inclusive) for information & direction for investment in #agriculture .
There are experts speaking/writing about #agriculture in seminars & conferences too.
Investors can reach for publications such as books, newspapers, business magazines & journals (social media inclusive) for information & direction for investment in #agriculture .
There are experts speaking/writing about #agriculture in seminars & conferences too.
Opportunities abound in the #agricultural sector for investors in Nigeria. Apart from the damage that #COVID19 wrought on the global food system, #AfCFTA brings a 1.3 billion market to investors in Agriculture.
Get information!
Take action!!
Pitch now!!!
End...for Part 1.
Get information!
Take action!!
Pitch now!!!
End...for Part 1.
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