Agricultural investment is a necessary requirement to develop and organize the Agricultural sector in Africa. In Nigeria, agricultural sector contributes 26.09% of the Gross Domestic Product (GDP) in Q4 2019 and accounts for a large percentage of her labour force.
Agricultural yields have continued to grow as the sector being largely dominated by subsistence farming. This has been as a result of the very encouraging government policies which have aided the commercial and mechanized farming. These policies leverage Nigeria's agricultural ecosystem to transform the country into a leading agribusiness and agro-allied industrial nation. Agriculture is the most important activity African countries must necessarily invest in, to reduce food dependence on the international market, ensure food security and guarantee the creation of increasing wealth by making agriculture the driving force of the economy of the continent.
Agriculture has become the backbone of most developing countries. It has played a significant role to both human development and the nation's economy. Asides from tending to the needs of food, it also provides employment opportunities at a very large scale for the population.
It is important to associate with the partner that possesses prolific investment management team like Oxford Green Farms, a product of Oxford International Group; the nation's fastest transcending business empire with over 200 operational businesses.
At Oxford Green Farms, we work with renowned consultants and professionals to engage in a very large-scale commercial farming. With the employment of precision agronomy and best practices, you are guaranteed a consistent high yield.
We cultivate high-profit local produce and enjoy consistently high sales profits by selling to established organized markets in Nigeria.
Nigeria being one of the highest producers of ginger globally has an increasing demand for ginger in the Nigerian market, with a corresponding increased price. This is because; Ginger is popular for its health benefits and uses in the food industry, brewery industry, pharmaceutical industry, beverage industry, cosmetics industry to mention a few.
With the present government initiative to implement various measures that boost the agricultural sector, experts believe this has provided entrepreneurs and investors with a platform to key into the economic Ginger Farm diversification policy of the government. Nigerian ginger is highly regarded in the international market for its quality and highly medicinal value. Specifically, its aroma, pungency, high oil and Oleoresin content are distinct features of ginger products from Nigeria
Ginger is not only famous in the Nigerian market, but it has a high demand crop commodity with 2nd largest production share of about 16% after India with a production share of 33.9% in Nigeria. Exporting Ginger from Nigeria is very lucrative and easy to do as Nigeria is the largest exporter of dried split ginger.
One essential factor that makes pepper production vital is that it is one of the most important spices used in preparation of daily meal, as it is nearly impossible to find a complete meal without the use of at least one variety of pepper which makes pepper production imperative.
With the increase in domestic demand, coupled with a decrease in exports, pepper consistently sets an increasing trend for its marketing and production. The main suppliers of the commodity to the global market are Vietnam, India, Indonesia and Brazil; while the major destinations for its export are the US, Europe, Japan and Australia. Recently in Nigeria, the price of pepper has been subjected to seasonal fluctuations hence; there is a massive demand for pepper in the SouthernWestern Nigeria from the Northern Nigeria, despite the possibilities to grow these crops in the South West.
As a result of the rapid increase in domestic demand for pepper, there has been a decline in the quantity exported in several producing countries. However, despite the production level of pepper in Nigeria, pepper is still being imported which indicates the need for an increase in the supply of pepper to make up for the increase in the domestic demand and to also give room for exportation. Here we offer our esteemed investors a Return on Investment of 22% in 10 months, to help you grow your fund.
Turmeric is a spice that comes from the turmeric plant. It is commonly used in Asian food. You probably know turmeric as the main spice in curry. It has a warm, bitter taste and is frequently used to flavor or color curry powders, mustards, butters, and cheeses. But the root of Turmeric is also used widely to make medicine. It contains a yellow-colored chemical called Curcumin, which is often used to color foods and cosmetics.
Nigeria is the fourth largest grower of Turmeric globally with National Output at 31,000 metric tons per annum as reported by the Federal Ministry of Agriculture. Presently the cultivation of Turmeric for economic purpose can be found in over 30 States in Nigeria including Ogun State and can be grown in virtually all States of the Federation.
Cultivation of Turmeric has alot of economic potentials in Nigeria, considering that it is part of a $13.7BN spice market in Nigeria, acting as a major foreign exchange channel for a country like ours to grow its non-oil export. As a dried rhizome of a herbaceous plant, Turmeric is closely related to ginger. The spice is also sometimes called "Indian saffron" thanks to its yellow color. The underground rhizome imparts a distinctive flavor to food but it is also used to provide food with a deep, indelible orange color. In the form of this fine, dried, yellow powder, Turmeric is mostly sold to customers in developed countries. Turmeric is used in a wide variety of foods of the cuisines of Southern Asia. Powdered Turmeric are used in the production of flavor and colorants which is utilized in a variety of recipes such as cakes, cookies, bread, crackers, ginger ale and beer. There roots are used as raw materials in the manufacturing of health products and drinks.