₦250,000
Amount | ₦250,000 |
Available Quantity | 499 |
Return | 25% |
Period | 12 Months |
Location | Nasarawa State |
This farm is insured by
In Nigeria today, rice is one of the most consumed staple foods. The total consumption of rice is more than 6 million metric tons each year. Over the past years, there has been insufficient rice production and it has emerged as a significant challenge in the food and agricultural industry. Global rice consumption remains strong, driven by both population and economic growth in Africa. Over the past two decades, rice demand increased at an annual average of 1.2% to reach 481.6 4 million tonnes in 2017 this has been the trend so far. Nigeria has relied heavily on rice importation to meet the ever-increasing demands. There is a need to bridge the gap between rice production and the increasing demand by providing numerous opportunities for investment across the agricultural value chain. Farmcenta has provided a profitable, enabling, and suitable farming environment. One of our aims is to concentrate on the challenges around by providing farm impute, extension services, and ensuring incentives that are transparent and accessible to all farmers. Duration: 12 months Location: Nasarawa state Price: N250,000 ROI: 25% regular 27% premium