Nigeria's population is about 150 million (2006 Census). Resulting from this is a huge responsibility to feed the population. This also comes with an increasing demand for food or food based products by the populace.
In 2011, the Food & Agricultural Organization (F.A.O), raised an alarm about an imminent food crisis facing many nations across the world, Nigeria included. According to the F.A.O., the global average price of foods such as maize, sugar and wheat had increased by as much as 25% over the 2009 price levels. The institution warned that if affected countries do not take urgent steps to address the situation, food riots would soon be an occurrence (www.vanguardngr.com, Nigeria and Food Crisis, Why F.G. Must Face Reality, March 28,2011)
Despite Nigeria's vast human, agricultural and mineral resources, she is a net importer of food and food based products. Prices of foodstuff are on the increase and the country continues to import all manner of food items such as poultry products despite its huge potentialities for production within the country.
In view of this, the situation presents unique investment opportunities for investors to invest in the agricultural industry. The opportunities include plantain farming, cassava farming, poultry farming, fish farming, piggery, cattle and many others.
John Ayodele
www.johnayodele.wordpress.com
www.plantainrichesnigeria.blogspot.com
www.cassavarichesnigeria.blogspot.com
2348035978352
