It is a very high yield crop as just one Acre of rice farm is capable of producing over bags of rice.
Among the US row crop farms, rice farms are the most capital-intensive, and have the highest national land rental rate average. Due to urbanization, change in employment patterns, rapid population growth, change in diets of Nigerians on account of income expansion, rice has become a staple food to the average Nigerian leading to an increase in the demand — standing at an annual growth rate of about five percent.
Annually, Nigerians consume around 5. So there is a genuine demand, and genuine opportunities for entrepreneurs and businesses in Nigeria.
Considering the fact that Nigeria has a huge market for rice, youths have the chance to invest in the farming, processing, and sale of rice. One can equip business to cultivate and harvest rice, construct rice mills for milling and processing, or working within wholesale distribution.
The avenues and opportunities are endless. We have done our detailed market research and feasibility studies and we were able to secure a well — situated and suitable farm land to start our commercial rice farming business.
Our commercial rice farming business is a going to be standard commercial rice farm hence will be involved in both commercial rice cultivation and processing and packaging of rice. We will be involved in both organic commercial rice farming and non — organic commercial rice farming.
We have put plans in place that will help us launch a standard rice processing and packaging farm within the first three years.
We will process and package rice and ensure that they are supplied to Nigerian markets. We are looking forward to securing most of the farming equipment and machines and hired experienced farmers so as to be able to fit into the ideal picture of the 21st century commercial rice farming and rice processing and packaging workforce that we want to build.
We are in the commercial rice farming business because we want to leverage on the vast opportunities available in the commercial farming industry, to contribute our quota in growing the Nigeria economy, in national food production, raw materials production for industries, to export agriculture produce to other countries and over and above to make profit.
E-Trend Farm Enterprise is well positioned to become one of the leading commercial rice farms in the Nigeria, which is why we have been able to source for the best hands to work with. We have put process and strategies in place that will help us employ best practices when it comes to commercial rice farming and rice processing and packaging as necessary.
In case you the complete business plan, follow the procedures to download it. Pay the sum of N Five thousand naira only to the account detail below: Saving Thereafter, send us your email address through text message to The text must contain the title of the business plan you want and also your email address.
Immediately after the confirmation of your payment, we will send the rice farming business plan to your email address where you can easily download it.Rice Cultivation and Processing Business Plan in Nigeria (Download Now) Uthman Saheed December 15, Business Plan This is a downloadable complete rice business plan in PDF and Ms word which you can download and present for many things.
Rice Farming Processing / Production Business Plan in Nigeria & Feasibility Study.
Big business has shied away from the rice processing business in countries like the Philippines, and therefore public sector research has to provide the small entrepreneurs with the technology. Opportunities in the rice business. 2 Business Overview Business Description Wunyurilim (God’s love) is a rice processing business owned and operated by Comfort Ibrahim for the past 8 years. 2 Business Overview Business Description Wunyurilim (God’s love) is a rice processing business owned and operated by Comfort Ibrahim for the past 8 years.
In Nigeria in recent years, the price of rice has consistently be on the high side and this has made Rice farming processing/production a very lucrative business in the country. Today’s must-reads for entrepreneurs: Rice’s winners, Stewart’s convenience-store millionaires Image: $2M awarded during Rice Business Plan Competition.
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