HOW TO SET UP AGRICULTURAL COMPANY IN NIGERIA

INTRODUCTION Agriculture is a business, a wealth creating sector. It is estimated that Africa may spend close to $110 Billion importing food unless food production is prioritized. According to Statista, Nigeria has vast potentials for thriving agricultural business with an arable land area of 34 million hectares: 6.5 million hectares for permanent crops, and 28.6 million hectares on meadows and pastures.  In 2021, agriculture contributed around 23.36 percent to Nigeria’s GDP whilst 31.41 percent came from industry, and 43.79 percent from the services sector. The foregoing attests to Nigeria’s leadership in various types of agricultural production, such as palm oil, … Continue reading HOW TO SET UP AGRICULTURAL COMPANY IN NIGERIA