{"id":287521,"date":"2019-11-06T21:49:15","date_gmt":"2019-11-06T20:49:15","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=287521"},"modified":"2020-09-29T02:50:15","modified_gmt":"2020-09-29T01:50:15","slug":"agribusiness-in-nigeria-2","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/agribusiness-in-nigeria-2\/","title":{"rendered":"Agribusiness in Nigeria: How to Get Started"},"content":{"rendered":"

What is Agribusiness?<\/strong><\/h3>\n

Agribusiness has to do with agriculture done strictly on commercial principles. It is the business of agricultural production. Agribusiness also has to do with the group of industries dealing with agricultural produce and other related services required in farming.<\/p>\n

It includes chemicals used in agriculture, breeding of animals, crop production, and distribution of produce, farm machinery, processing, seed supply, as well as marketing and retail sales. You’ll need to learn about types of spiders most common<\/a> that can affect your crops.<\/p>\n

All agents and institutions that contribute to and influence the food and fibre value chain are part of the agribusiness system.<\/p>\n

Agribusiness in Nigeria<\/h2>\n

\"Agribusiness<\/p>\n

The term, “agribusiness” is used simply as a combination of agriculture and business. This captures all activities and disciplines that are involved in modern food production.<\/p>\n

Agribusiness Ideas for 2019<\/strong><\/h3>\n

Agriculture contributes over 25% of GDP in Nigeria.\u00a0 Even during the recession in Nigeria, Agriculture was one of the sectors or industries that experienced growth. This is coupled with the fact that the federal government in recent years are investing more in this sector. If there was any sector you should consider investing in, then it is agriculture. Haven said this, many do not know how to get involved in the agriculture sector in Nigeria. This article will show you the various ways you can get started on Agribusiness in Nigeria. You must know that there is a lot of capital, provided by the government and even private individuals available to agribusiness entrepreneurs<\/p>\n

Opportunities in agriculture<\/strong><\/h3>\n

To better study the nature of agribusiness in Nigeria, it must be well put in the context of the Nigerian economy. The supply of raw materials to the agro-industrial processing and manufacturing sector is a primary role of agriculture.<\/p>\n

This role also drives other sectors of agriculture such as food supplying, employment opportunities, income generation, foreign exchange earnings via export.<\/p>\n

In Nigeria, there has not been much success linking agriculture and the industrial sector. This is due to frequent changes in government policies. One that readily comes to mind is the import substitution strategies of the pre-1986 era that discouraged industrialists from patronizing locally produced raw materials.<\/p>\n

Th\u0435 laws are n\u0435v\u0435r constant \u0430nd \u0430r\u0435 \u0441\u043ent\u0456nu\u043eu\u0455l\u0443 \u0435v\u043elv\u0456ng \u0456n \u0455m\u0430ll and \u0455ubtl\u0435 ways th\u0430t \u0441\u0430n \u0441\u0430u\u0455\u0435 you to suddenly b\u0435 \u043eut of compliance w\u0456th th\u0435 l\u0430w even th\u043eugh \u0443\u043eur bu\u0455\u0456n\u0435\u0455\u0455 h\u0430\u0455 n\u043et \u0441h\u0430ng\u0435d! Th\u0456\u0455 \u0456\u0455 d\u043en\u0435 to \u0430\u0441\u0441\u043emm\u043ed\u0430t\u0435 \u0441h\u0430ng\u0435\u0455 \u0430nd n\u0435w r\u0435\u051bu\u0456r\u0435m\u0435nt\u0455 of the \u0435v\u0435r-\u0441h\u0430ng\u0456ng economy \u0430nd m\u0430rk\u0435t \u0435nv\u0456r\u043enm\u0435nt, so be ready to contact your local business transaction law<\/a> firm for professional legal assistance<\/span>. Keeping track \u043ef \u0430ll these changes \u0441\u0430n be a d\u0430unt\u0456ng t\u0430\u0455k th\u0430t business \u043ewn\u0435r\u0455 \u0441\u0430nn\u043et h\u0430ndl\u0435 by th\u0435m\u0455\u0435lv\u0435\u0455, this is when Corporate transaction attorneys<\/a>\u00a0come in, to help make everything easier.<\/p>\n