Rice Production In Nigeria And How To Make Money From It
Rice Production In Nigeria And How To Make Money From It. Rice is one of the most consumed staples in Nigeria, with a consumption per capita of 32kg.
Where is rice produced in Nigeria?
For the record, the rice producing states in Northern Nigeria are Kebbi, Borno, Kano and Kaduna states respectively. In the Southern region of the country, Enugu, Ebonyi state and Cross River while rice is produced in Taraba and Benue for the middle belt region.
How long does it take rice to grow in Nigeria?
Every household in Nigeria consumes rice and the demand for this product will only grow up high! Yields early. Many crops need from six months to one year to be ready for harvest. At the same time, rice needs only four-five months to be ready.
Is rice farming profitable in Nigeria?
Global agricultural company Olam says the cultivation and processing of rice in Nigeria has the potential to be a lucrative industry. Nigerians consume around 5.5 million tonnes of rice annually, of which about 3.6 million tonnes is produced locally, mostly by subsistence farmers.
How can I invest in rice farming?
Investors can go into rice farming and rice processing or rice milling plant. Rice milling projects will best be sited in these areas where rice is grown in order to reduce the cost of transportation of the paddy. To set up this project, a minimum space of a plot of land is required to dry paddy rice after harvesting.
Rice is an increasing important crop in Nigeria. It is relatively easy to produce and it is grown for sale and for home consumption. In some areas, there is a long tradition of rice growing, but for many, rice has been considered a luxury food for special occasions only. With the increased availability of rice, it has become part of the everyday diary of many Nigerians.
There are many varieties of rice grown in Nigeria. Some of these are considered “traditional’ varieties, others have been introduced within the last twenty years. Rice is grown in paddles or on upland fields, depending on the requirements of the particular variety. There is limited mangrove cultivation. The fields cannot be ploughed until after the first rain, generally in May or June. During the oil boom, many farners had access to tractors but most now undertake all land preparation and harvesting by hand.
Generally tasks are allocated along gender lines, but in some area, men and women work together. Most farmers produce one rice crop each year, but some have made irrigation channels which allow them harvert in the year. This allows them to plant seedlings when there is less danger or pests. The use of Organic fertilizers though, is time consuming and is not widespread; many farmers resign themselves to buying fertilisers which they consider to expensive. One the fields have enough water the rice grows quickly with some varieties reaching maturity within three months.
The processing of rice generally takes place away from the farm. After the rice is been parboiled, It is laid out on Tarpaulines to dry. It is at this stage that there is a danger of small stones getting mixied up with the rice grains, reducing its marketability
Investing in rice production is one of the most lucrative agricultural business one can ever do. As population increases, so does the demand for rice also increase. From findings, Nigerians consume about 5.5 million tons of rice annually and 3.6 million tons arr locally produced. This shows that our local production is far below our consumption of the product. Most of the rice consumed in Nigeria are imported , therefore getting involved in the production of rice in Nigeria can help you fill the gap and make you rich.
Even though rice farming is capital intensive, the Nigerian Government and some banks are interested in Rice farming due to its high demand. The Nigerian Government encourages local production of rice by giving loans and inventives to rice farmers.
As a farmer, you can make alot of money cultivating rice. There are different varieties of rice you can choose to cultivate. E.g:
- In Abakaliki the capital of Ebonyi state , has a soil that produces one of the best local rice in Nigeria. The rice is very rich in protein, carbohydrate, vitamins, minerals.
- As a processor, you can make lots of money from the rice industry is by being a processor. You don’t have to be a farmer to be a processor, all you have to do is to reach out to farmers who are willing to sell their rice, buy from them and go on to process it yourself, package it and sell for profit
- As a distributor, the third way you can get involved in the highly lucrative rice industry, you buy in bulk from the processor, locate markets and sell them at a higher price.
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