10 Lucrative Farming Businesses In Nigeria Updated In 2025

1. Rice Farming - Nigeria has one of the world's highest Rice consumption statistics. Rice is by far one of the most popular staple food among Nigerians, almost everyone eats rice daily or regularly in Nigeria.  

 

By statistics of years ago around year 2011 alone, Nigeria spent Over N991 Billion on Rice importation and the rice we import is said to probably be nothing less than 5 years old in storage.  

 

That means we spends billions buying Rice that might have lost it's nutritional value. Any Entrepreneur in Nigeria who continues to practice Rice Farming is sure to be smiling to the bank. 

 

A bag of Rice is currently sold for between N42,000 Local Rice to N90,000 Foreign Rice, depending on the quality and source. Any Farmer who is able to invest in large scale Rice Farming in Nigeria and produce for example 100,000 Bags of processed Rice in a year and sell at wholesale price of about N42,000 per bag, he will be making 42,000 x 100,000 = N4,200,000,000 per 100,000 bags.  

 

 

You can achieve the above figures conveniently with capital investment in rice production. There is avilable logistics and plannings to achieve this.

 
2.Cassava Farming-The popularity of cassava as the major source of food for Nigerians dates back to ages. Between Garri and Rice, it's hard to tell which one is the most popular as both are the most consumed food staples in Nigeria, I think if one is King the other will be Queen. 

 

A bag of Garri costs almost the same as a bag of rice, and apart from Garri, there are many other food stuff that are processed from Cassava in Nigeria. The introduction of the high yield species of Cassava has made it possible for Nigerian Cassava Farmers to produce more Cassava. 

 

Most land areas are good for growing Cassava and 1 Acre, when properly planted and managed can produce millions worth of Cassava sales in a year!

 
3. Plantain Plantation - One thing about Plantain is that when planted once in a suitable environment, it keeps producing year in year out continuously. Like Rice and Garri, Plantain is widely consumed in Nigeria and any food that is popular in Nigeria is always a huge income earning business due to the population of the country, The most populated country in africa. 

 

 I really haven't seen many farmers in Nigeria taking advantage of the opportunity in Plantain Farming to create more wealth for themselves. Plantain is highly priced and is always in high demand all year round. Fry it, Boil it, Roast it, it will never get angry with you, that's how liberal Plantain is. Millions of Naira is currently lying fallow untapped in this sector of Farming in Nigeria. 

 

 4. Poultry Farming- Everyone knows how 'Cashy' this is, it doesn't need much introduction and yet it's still not fully tapped in Nigeria. What we currently have in Nigeria are few well managed,Some scantily equipped poultry farms here and there. 

 

Yet to see a full fledged, high tech Poultry Farm in Nigeria, except Obasanjo Farms and few others, as it is in The USA and Europe. Any Entrepreneur who is able to fire this up will have huge Cash profit to contend with. The reason is because Nigerians eat chicken and eggs more than most other farm animals as it is relatively affordable in whole and 60% of our consumption is still imported. The egg in poultry production is yet another goldmine! 

 
5. Pineapple Farming - Money is sweet, everything sweet is money, and Pineapple is sweet. Ask any Australian Farmer and he will tell you how huge the income in Pineapple Farming is in their country. Any juice maker that doesn't have Pineapple flavor variety in his product line is not yet in business. That tells you how popular Pineapple is, not only in Nigeria but Worldwide.

 
Nigeria seems to have better soil for Pineapple Farming than Australia where Farmers are making it big in the business. A Pineapple sells in a market in Lagos for about N1,000 depending on size -- If you are able to harvest one million in a year, you'll be sure of at least N1,000 x 1,000,000 = N1,200,000,000. 

 
6. Beans Farming - A bag of Beans costs twice more than a bag of Rice and Garri, the Northern Nigerians are making it big in Beans Farming, supplying almost all Nigeria and beyond. But one thing is that, this same Beans also can do very well in the South East, South West, and South South Nigeria soils.

7. Catfish Farming - Catfish Business is really hyping in Nigeria right now but how many are really getting it right? Get it right and you are in money. A single Catfish sells for Like N4,000 in Restaurants and about N2000 in open market.

 
8. Goat And Ram Rearing - It's mostly in the Northern part of Nigeria that Goats and Rams are reared in commercial quantity. You can also engage in this productive Farm Business.   

 

In The USA and Australia, Farmers are among the very rich people - Get involved in professional Goat and ram rearing and make money for yourself. A full grown Goat or Ram sells for between N60,000 to N120,000, very high especially during Ramadan the Islamic festive season.

 
9. Snail Farming - Snail Farming is gradually picking up in Nigeria, -- but if you don't hurry up, others would have made the money before you realized what you've missed. The potential in this business for you is about N10,000,000 Annual revenue.

 
10. Maize Farming - You never know the profit in Maize Farming in Nigeria until you try it, and one thing I like about it is that everything happens fast. It takes less than Four months between planting and harvesting.  Irrigation is currently very important, So Stand up. Get involved in any of these Farming business and you will never regret it. 

Stay Safe and Have a nice day.

6 Steps To Starting And Managing A Snail Farm

Snail Farming is very lucrative, and many are waking up to this business of snail farming . 

Apart from the fact that snail farm is easy to manage, snail farming does not require much technicalities or capital as snails can easily be picked around for the take-off. 

1. Snail farm is easy to setup - with little structure and little fund, you're good to go.

Hotels, Restaurants and other eateries are people that will constantly demand your supply. You could get standing orders from these group of people for the supply of snails to them at agreed times and rates and you know what that means?.. Constant money into your pocket.

The giant West Africa snail called Achatina Marginata is the most desirable specie for snail farming due to it's high yield capacity. 

There are other good species but I will focus on Achatina  Marginata  in this blog post because, it's easy to find. 

Archachatina Marginata

Achatina-Achatina is very good for commercialization as well, because of its profitability. 

This is because of the volume of eggs it lays at once. Each achatina lays 300 to 500 eggs at a time in clutches, three times a year. 

Therefore, if you start a farm with about 1000 snails, in one year you would be getting about 1.5 million snails going by the number of eggs they produces.

Having decided on the specie, let's take you through the step by step how to setup your snail farm in a small scale level and starts rearing your snail towards harvest.

2. Snail Farming Environment - Snails are easily dehydrated, and wind increase the rate of moisture loose in snail which in turn, leads to the dryness of the animal. 

To prevent snails from losing water so quickly, the snail house must be located in environment that is protected from wind.

A low plain, downhill site surrounded with enough trees is perfect for snail farming. You may plant plantains and bananas around your snail farm to prevent the impact of wind.

3. Type of Soil For Snail Farm - Snail's major habitat is the soil, and soil contains some of the components and chemical substances that it needed to survive.

 However, not all soils are suitable for snail rearing. The shell of the snail is mainly calcium and it derive most of them from the soil. Snail also lay it's eggs on the soil and drink water out of the soil. 

Hence, the suitable soil for snail farming must contain these elements.  Must be balanced, not waterlogged, not too dry, and must not be acidic. The most desirable soil for snail is sandy-loamy soil with low water holding capacity. Clayey soil and acidic soil must be avoided.

Achatina fulica - The East African land snail

4. Getting The Sails For Farming - To start up a snail farm, it is advisable to get snails directly from the forest instead of buying from the market after they have been exposed to sunlight and have dehydrated. 

This is because snails drink a lot of water, so are easily dehydrated and this stresses them out, and reduce their fertility capacity.

The intending snail farmer could pick the snails from the bush with a very simple technique; clear a little portion of land during rainy season and sprinkle spicy fruits like pineapple, pawpaw, plantain, banana etc at about 5o'clock in the evening, when you go back there about 7pm or 8pm, you will pick up snails suitable for rearing. 

Repeat the procedure until you get enough quantity.

Another way could be to pick up snail eggs littered in the market place where it is sold and through a technique, check the fertility of the eggs, because some of them must have lost fertility due to the exposure to sunlight. 

The eggs are later put inside a container containing wet sand and covered with coco yam leaf. Between 21 to 28 days, the eggs would hatch into baby snails. You start feeding them and gradually you raise a snail farm."

5. The Snail House (Snailery) - Snaileries can vary from a patch of fence-protected ground, sheltered from the wind to a covered box if you are breeding in small scale. 

For larger population of snails, you can dug a trench or make a concrete pen with soil deep of about 10 inches, and cover it with screen or wire all around to prevent the snails from escaping. 

Remember that snails can reproduce fast and become pests when their breeding is uncontrolled. 

Snails love dark and cold places, but make sure the humidity does not drop to levels harmful to the snails. You can use fresh leaves and cloth that is regularly wet to regulate the temperature.

Also, the wire is useful in keeping away rats and snakes or other predators from eating the snails in your snail farm. 

But aside from these bigger predators, you should be wary about smaller ones like ants and termites. Your construction must have these predators in mind.

6. Snails Foods and Feeding - Snails especially Achatina mainly feeds on green leaves and fruits though they can utilize other ranges of foods. 

Feed your snails leaves, fruits, or even formula from the feed store. Aside from food to grow tissues, snails need calcium to grow shells.

Leaves: Coco yam leaves, pawpaw leaves, okra leaves, cassava leaves, eggplant leaves, cabbage and lettuce leaves.

Achatina Achatina - Giant West African Snail

Fruits: Mango, eggplant, pawpaw, banana, tomatoes, oil palm fruits, pears. and cucumber.

Once they start growing, separate the big ones from the small ones. 

 It take more than a year for the Achatina type to grow to harvest size. Others mature in two years. 

 One thousand snails after a year or two sold at the rate of N500 each (highly reduced price) will give about ? ....You can do the math! Isn't that a good investment? Have a nice day.