It is unfortunate to see how many people who go to bed hungry every night, suffering of starvation and malnutrition. How we constantly complain of lack of good paying jobs, and no money to spend and take care of our immediate needs. How many sell themselves into slavery in the hands of Chinese and Lebanese merchants right in their own country all in the name of working in a factory. While in reality, we are sitting on a cash goldmine known as cassava farming and production!
Cassava does very well in most parts of West Africa like Ghana, Senegal, Benin Republic, Nigeria, Cameroon. The Brazilians are also know for cassava farming and production which they use for Tapioca.
The industrial processing of cassava in Nigeria holds much potential for successful investment. The crop is increasingly attracting attention of serious business people and processing businesses are slowly starting to spring-up all over the country. You also know how useful cassava is to Nigerians in general in terms of consumption. Cassava forms the major part of our daily foods. Almost no family can survive a whole year without cassava related foods.
Cassava can be processed into a number of products such as starch, flour, chips, ethanol and glucose syrup, and bread to name a few. These products are all in high demand locally and also have significant export possibilities. These therefore, place a lot of raw cash in the hands of anyone who goes into cassava farming right now.
As a smart person, you should be thinking about how to take advantage of the government support for agriculture and the increased budget to make wealth for yourself because cassava production surely provides opportunity for investors. Hence the initiative of Nigeria Cassava Growers Association (NCGA) and Federal Ministry of Agriculture (FMARD) to provide Small Holder Farmers Loan to encourage cassava production. Registered Cassava Farmers with Nigeria Cassava Growers Association (NCGA) has benefitted from this scheme. See list of beneficiaries by states below.