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Home» Questions»Q 180497
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

De Mogul
De MogulExpert Mind
Asked: August 17, 20252025-08-17T19:48:42+00:00 2025-08-17T19:48:42+00:00In: Money & Business

Is farming still a profitable business to venture into

Is farming still a profitable business to venture into
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4 Answers

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  1. Fecoms
    Best Answer
    Fecoms Newcomer A new owner with strategic vision
    2025-08-17T23:25:34+00:00Added an answer on August 17, 2025 at 11:25 pm

    Yes, farming is still profitable in Nigeria but only for people who treat it as a real business, not a side hustle. The truth is, profit depends on the type of farming, location, and how well you manage costs. Maize farming in Kaduna is still paying farmers well because demand for feed mills is highRead more

    Yes, farming is still profitable in Nigeria but only for people who treat it as a real business, not a side hustle. The truth is, profit depends on the type of farming, location, and how well you manage costs. Maize farming in Kaduna is still paying farmers well because demand for feed mills is high, while tomato farmers in Kano often struggle because poor storage makes them lose up to half their harvest.

    If you’re looking at quick turnover, poultry and catfish farming are better bets since they cycle faster. Someone in Ogun state with 1,000 broilers can make about ₦800k profit in 6 weeks if properly managed, but if disease management fails, losses can wipe everything. Meanwhile, people going into cassava in Delta and Edo are cashing out through garri processing plants because they control both production and processing.

    To succeed, avoid farming without a value chain plan. Don’t just grow maize; connect with feed companies. Don’t just raise fish; line up restaurants and hotels before you harvest. Apps like ThriveAgric and Farmcrowdy can also help link farmers to markets and finance.

    Farming is profitable but unforgiving. If you go in blindly, you’ll lose money fast. But if you do market research, secure buyers first, and manage your farm like a company, it can be a goldmine.

    Would you like me to break down which specific farm ventures are most profitable in 2025 so you can compare entry costs and margins?

     

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  2. tray599
    tray599 Knowledge Seeker blogger, content writer
    2025-08-18T04:42:52+00:00Added an answer on August 18, 2025 at 4:42 am

    Farming is one of the great and best businesse to venture into it's one of the profitable businessI which I have engaged myself with it's a business that stand the opportunity to bring you two profitable assets and that is food and money, once you have the time to dedicate to this business you can mRead more

    Farming is one of the great and best businesse to venture into it’s one of the profitable businessI which I have engaged myself with it’s a business that stand the opportunity to bring you two profitable assets and that is food and money, once you have the time to dedicate to this business you can make good amount of money and food won’t be lacking in your home for no reason so I think agricultural business is the best businesse which anyone can venture into mostly now that is food scarcity

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  3. Carpon
    Carpon Expert Mind Hustler
    2025-08-18T12:24:59+00:00Added an answer on August 18, 2025 at 12:24 pm

    Farming is of course a very good business and when you decide to take farming as a business that means you are doing it on a large scale because it is large scale farming that will really give the results and profit that you want and small scale business is mostly done by those that just want to culRead more

    Farming is of course a very good business and when you decide to take farming as a business that means you are doing it on a large scale because it is large scale farming that will really give the results and profit that you want and small scale business is mostly done by those that just want to cultivate what they can use on the family level

    But generally speaking if you want to really do well and make profit from farming then you need to make the proper plan of how best you want to achieve that. You must also take it with all seriousness and be wise and smart in your decisions

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  4. Aphodia
    Aphodia Active Contributor I am a student
    2025-08-18T19:59:38+00:00Added an answer on August 18, 2025 at 7:59 pm

    Food is necessary for the growth, development and survival of humans. Our bodies need energy to be able to function properly, and we get that energy from the food we eat. Farming has been a profitable business for centuries, and it will continue to be because we depend on farmers to produce the foodRead more

    Food is necessary for the growth, development and survival of humans. Our bodies need energy to be able to function properly, and we get that energy from the food we eat. Farming has been a profitable business for centuries, and it will continue to be because we depend on farmers to produce the food we consume on a daily basis.

    Farming is a very productive business to invest into, just ensure that you have a fertile pieces of land and adequate amount of farm inputs so that you’ll have a bountiful harvest.

     

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