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The Secrets of Nigerian Agriculture

Wednesday, January 6th, 2010

Due to a great climate and global positioning, Nigeria is one of most fortunate nations when it comes to agriculture. In this way, the Nigerians have plenty of agricultural resources to explore and even to export. By effectively managing the available agricultural resources, Nigeria is also able to improve its economic status by exporting. Furthermore, the government also favors the development of cooperative societies with the purpose of encouraging the industrial agriculture because in Nigeria due to a diverse climate, it is possible the production of almost all agricultural products in the semi-tropical climate.

Agricultural sectors in Nigeria: Before the 1960′s, agriculture was the main activity in Nigeria. However, once with the development of the oil exporting industry it became necessary the import of food. In order to maximize the agricultural outcomes, other agricultural areas were developed during the last decade. In this way, the main agricultural sectors in Nigeria are the following:

Food crops: The crop production was the main agricultural activity in Nigeria for a long time and currently comprises of beans, rice, palm oil, yams, cocoa, groundnuts, melon and many other food crops that are favored due to the tropical and semi-tropical climate of this nation.

Cash crops: In this agricultural sector we may include the production of cotton, rubber, kolanut, gum Arabic, beniseed, palm kernels and many other such crops that can grow in this tropical climate.

Forests: In the case of forests, the following forest tees are available in Nigeria: abora, teak, ebony, ekki, black afara, camwood, mahogany, Nigerian walnut. This agricultural sector is an important and resourceful one in Nigeria and it contributes to economic development in the area.

Livestock: Starting with the 1970′s, a total of 11 million cattle existed and since then on the Nigerian nation has successfully enlarged its livestock production out if which 90% was found in the northern states of the nation. Nowadays, almost all rural households raise their own poultry while chickens represent the predominant poultry in the area. Apart from chickens, in Nigeria there are other animals reared such as cattle, duck, pigs, turkey, sheep, goat, pigeon, donkey and guinea fowls.

Fisheries: This agricultural sector is an important one for Nigeria and ever since the 1970′s when the domestic production of fisheries has been reaching the level of 700.000 tones on a yearly basis. Currently, the fisheries produced within the borders of Nigeria include crabs, shrimps, spade, shark, grunters, cat fish, thread fin, shiny nose and many more.

To conclude, the Nigerian agriculture offers many opportunities to reach economic development on the long run and represents one of the main activities when it comes to export, as well as the petroleum industry. Nevertheless, Nigeria is applying the appropriate solutions in the case of agricultural resource and this gives this nation a competitive advantage as compared to other emerging markets.

How to Find Houses for Sale in Lagos, Nigeria

Wednesday, January 6th, 2010

In Lagos, Nigeria, there is a tourism boom about to be unleashed following development efforts and economic growth that promises many opportunities to investors. The result of this is a rapidly expanding real estate sector offering unlimited opportunities to reap bountiful harvests from. Take for instance 5 years ago undeveloped land in the Lekki axis of Lagos Nigeria and Ikoyi areas sold for less than half its current market value with developed properties selling in some cases for less than one third of the current market price. This is indicative of a real estate boom and unlike the stock market boom of 2004 – 2008 the real estate boom is an investor’s haven. In 2009, and onwards there are many places to start your search for houses available for sale in Lagos Nigeria. Here is a compilation of a list of places to find houses for sale in Lagos Nigeria:

1. News papers and magazine publications – A number of newspapers run dedicated editions for advertising or informing the public about opportunities to buy and sell houses in Lagos Nigeria. The most recognized of these is the Guardian Newspaper which runs a Monday Edition dedicated to the real estate sector. Another well known publication for finding houses for sale in Lagos Nigeria is castles magazine. There is also Properties and Homes magazine among others. The draw back is that these publications can only be bought in Nigeria as they do not circulate globally hence people living abroad may not find this option convenient.

2. Recognized real estate companies and agencies – There are a lot of real estate companies in Nigeria but a few well known include Jide Taiwo and co, Ubosi Eleh and Co, Diya Fatimilehin and co, UAC Properties Limited and Unions Homes among others. Contacting any of these companies is search of houses for sale is another way to go about it. This option covers you although not completely from the activities of omooniles.

3. Enquiries on on-going projects – You could also make enquiries about on going projects such as construction of housing estates and other similar projects directly through the contractors who could refer you to the real estate agency or company handling the project or possibly the owner in order to meet with and negotiate a deal if possible. However not all housing projects have options for selling houses as some of them might actually be tenement projects in which case the owners are only interested in letting out.

Conclusion – Be warned that not all adverts or information made available on channels for sale of houses in Lagos are credible and reliable, you are advised to still carryout some investigation into the claims because some real estate fraudsters are on the prowl looking to defraud unsuspecting buyers of houses in Lagos Nigeria. Also possible for locating houses for sale in Lagos Nigeria is the option of word of mouth from people within your social network although this is hardly as reliable as the other earlier options.