If probably you have been having thoughts about starting rice farming business in Nigeria well surprisingly it is one of the most lucrative medium-scale businesses in this country. One thing you should know is that it is not for everyone due to the nature of the Land rice grows in. you can particular rice farming business if you live in areas that have swampy lands.
This rice farming business is one of the most important investments that Nigerian agro investors won’t want to miss out the Johnson because of the productivity and profits.
We all know that rice is very costly in Nigeria right now with a bag of rice scaling as high as over 20000 naira.
The recent surge in the increase of the price of rice in the market is due to the fact that President Muhammadu Buhari and close the borders for the importation of foreign rice in order to encourage the production of local rice and this is not quite balanced yet because the quantity being produced by local farmers is there to meet up with the demand of the Nigerian market.
Nigeria’s consumer rights a lot and uses it for so many meals. Evening occasions like birthday, wedding, anniversary, burial ceremony, and others it is very important as a culture to serve rice meal.
With what I have said it is obvious that you understand the profitability that lies beyond rice farming because most families consume a bag of rice in like 2 months.
Moving on, something you should understand about rice farming is that for both the planting and harvesting it takes at least four months to be done. the reason for this time is that if you want to take a loan for your investment in rice farming you should be able to guarantee a good return on investment in the next four months. Trust me your investment in rice farming will be safe because it’s not a get-rich-quick scheme but it takes time for you to make that profit.
Rice family might seem different from other types of farming but you should know that there is no much expertise required to run this business because it is very straight forward. If you can cultivate and harvest rice then you wouldn’t have any problem running this business you don’t necessarily need a background or experience in the rice business.
You should also be aware that rice is a high yield crop meaning that the rates with which it multiplies are very high. An acre of land if used for Ryan’s family can produce more than 100 bags of rice.
This is if you have the right conditions like:
A swampy and less acidic land.
High-yielding rice specie
Proper application of a good fertilizer
Good weed control
Once you have all these listed above then you don’t have a problem and rice business.
Nigerian rice and their origin states
- UMZA Rice – Kano State
- Labana Rice – Kebbi State
- Ebonyi Rice – Ebonyi State
- Mas Rice Mill – Gombe State
- Olam Rice – Nasarawa State
- Ofada Rice – Ogun State
- Mama Happy Rice – Niger State
- Anambra Rice – Anambra State
- Igbemo Rice – Ekiti State.
The government of Nigeria is ready to make sure that the food supply especially for rice is sufficient for Nigerian citizens. so the government is interested in supporting any former who is interested in embarking on this project and that is why they are giving loans and grants to such farmers.
That alone is another reason why you should think about investing in this as it is very difficult to get capital for start-up in other types of farming in Nigeria.
Price is known to be the most consumed staple food in different parts of the world like China Thailand Indonesia and Nigeria. So imagine rice being consumed in high quantities by a country of more than 200 million people. it doesn’t end there it is also liable to exporting which will earn you more money. Rice can also be prepared in different styles in Nigeria like jollof rice, white and rice stew, pounded rice, and others.
The usefulness of rice in Nigeria cannot be understated and that is why if you’re ready to venture into this business follow the steps below;
1. Get healthy seeds
it is a rule in agriculture that the healthier the seed the higher chance for it to produce more quantities. So you have to find viable seeds and do the seed selection yourself. Don’t just plant any seed you see, make sure you select them patiently and manually to get the best results.
If you have the patience to select the best rice seeds then your yield will be bountiful but if you make a mistake with this then you might as well have wasted your four months of investment.
2. Raise the seedlings
You should prepare a seedbed where you first grow the rice seeds in the nursery before transplanting. It is also very crucial that you solarize the soil. What this means is that you heat up the soil by using a transparent polythene sheet to cover it in order to prevent soil-borne diseases.
This soil solarization technique increases the yield by 36% then it’s known that transplanted rice gets mature faster than non transplanted. you have to wait for at least 2 or 3 weeks for your seedlings to be complete and ready for transplant.
3. Get a swampy land
I earlier listed this in options to get involved in rice farming. You need a swampy land that will save you the capital of investing in irrigation because rice farmer needs a lot of water. so you can cultivate rice in any part of the land and use irrigation but studies have shown that rice yields more on swampy areas.
Used tractors to play and prepare the land and make the soil surface to be reading for transplanting from your nursery bed.
4. Manage weeds
You should be sure to check on your rice farm for weed control after 2 months of transplanting. You should apply herbicide to kill the weeds on your farm. You should also apply your fertilizer after a month of transplanting the seedlings.
Make sure you apply the right kind of fertilizer which is an organic fertilizer and you should apply it by spraying only.
5. Harvest your rice
Like I said earlier it takes at least four months for your rice crops to be ready for harvesting. You should be patient to see your rice Marshall from green color to light brown.
Once it’s due for harvesting, make sure you do that immediately to avoid being consumed by pests and animals.