The Risk of being a Farmer in Nigeria

The Risk of being a Farmer in Nigeria

Be prepared to roll up your sleeves and get dirty. One question that always that raises many eyebrows not only in Nigeria, but across the world is how save or risky is farming in Nigeria – The Risk of being a Farmer in Nigeria


Most beginner farmers in Nigeria do plan and budget for the next couple of years but rookie mistakes and lack of experience always ends up in starter farmers burning a lot of capital and often goes bankrupt before they could reap any rewards. Farming lesson No.1 Listen to people and take their advice that has been farming for years, Take that advise and put it into practice. Living in a farming community I have seen young and old male and female farmers come and go with empty pockets due to not taking advice and thinking that they have a better plan than a system that’s been working for centuries.


City Slickers with does not realize that farming is one of the hardest trades in the world and has daily challenges that are unspoken of.

When you are a beginner or rookie farmer the dream is big and fast. Calculating for weeks if not months about how you are going to farm and what techniques you are going to use to get the best return from your investment.


So let’s get back to the question how safe is it to farm in Nigeria and what are the Risks


From an investors point of view farming can be as risky as playing the stock market if not riskier. Regardless if you are a crop farmer, agriculture or livestock farmer the weather will have influence on your business success. 


For years you can be the master farmer in your area but when there’s a drought and it continues, you can go bankrupt is a very short time.


Farming has it’s own circle of life. If the crop farmer do not succeed, there will be less feed for the chicken, cattle or pig farmer and needless to say, feed prices will go sky high. 


Farmers will have to cut their stock down to survive new costly feed prices and that will lead to fewer products for the consumer and products pricing will increase month over month as we have seen so many times in Nigeria.


Another risk factor when farming in Nigeria is the unstable fuel prices. Crop farming requires a lot of fuel and planning your harvest without fuel reserves or the possibility of an fuel increase would be devastating to any farmer with a low budget.


Part of daily challenges that farmers has to endure theft. From fruit being stolen on the road side to livestock theft. This seems to be minor for passersby but the effect has serious damage to farmers all round.


Farmers has workers. Workers need homes, fresh water and electricity. It’s a norm in a lot of provinces for farmers in rural areas to take farm workers to town in a truck. Farm workers will buy their essentials and not so essential products on that day. In some cases, workers or members of their families get ill and its a farmers duty to see that they get medical attention regardless of what time of the day or year.


Being a farmer in Nigeria, you and your family become masters of all trades very quickly. You become a doctor, a veterinarian, a psychiatrist, a father and a mentor. Days are longer and gets harder as your business grow. Farming is hands on and there is no shortcuts regardless what you are farming with.


If all goes well and a farmer had a good season, maybe the best of his or her life they still need to overcome one more bridge.


The Market


If you can mentally abide to some of these paragraphs mentioned, If you can be tested and endure hardships, you might consider taking the risk of farming in Nigeria.


If you are interested in farming and you can't go through the stress mentioned above, You can sponsor a farm with Payfarmer without going through this hardship above from the comforts of your home. Sign up and invest with us today to earn more money from Payfarmer.

Be the first to comment