One of the ways that many nations are growing their country's wealth is through the production of crops that have global demands.
I am sure you may want to find out some of the cash crops in Nigeria and Nigeria’s global rank of the cash crops?
This post will give you the cash crops and the global rank of Nigeria as well as where you can easily find them.
Cocoa is one of the profitable cash crops in Nigeria. According to WorldAtlas, Nigeria is currently the fourth-largest producer of cocoa.
About 80 percent of Nigeria's cocoa production is done in states such as Ondo, Ekiti, Osun, Oyo, and Ogun. Producing the crop is also a priority in states like Edo and Cross River.
According to reports, Nigeria is the world's twelfth-largest rubber producer, with Delta State leading the way.
Bayelsa, Cross River, Edo, Ekiti, Kogi, Ondo, Ogun, Rivers, and Abia are among the other states actively engaged in the cultivation of this crop.
According to current statistics, Nigeria is West and Central Africa's largest soybean exporter for human consumption.
Over 70 percent of Nigeria's soybean production is carried out in the middle belt, especially in Benue state in particular.
Soybeans are largely cultivated in the following states in Nigeria: Oyo, Kwara, Ondo, Kogi, Osun, Nassarawa, Niger, Kaduna, Bauchi, Taraba, and Ogun states.
Nigeria is perhaps the world's fifth-largest producer of oil palm, behind Indonesia Malaysia, Thailand, and Columbia, according to reports.
In Nigeria, oil palm is cultivated in the Niger Delta, the South-East, and the North-Central regions.
As one of Nigeria's most popular nuts, largely due to its nutritious content, cashew is one of the country's most lucrative exports.
Since 2013, Nigeria has produced over 950,000 metric tons of the crop, placing it second among the world's major producers.
The states with the largest production of cashews are Enugu, Imo, Kogi, Osun, Benue, Cross, Kwara, River, Ekiti, Anambra, Ebonyi, and Ondo.
Clothing and textile industries rely heavily on cotton, making it a key cash crop for Nigeria today. Although Nigeria needs to do more in cotton production in order to rank better on the global stage.
Currently, Oyo and Ogun are the most important cotton-producing regions in Nigeria's north and south-west regions
Second, only to the United States, Nigeria is perhaps the world's second-largest producer of Guinea corn.
Guinea Corn was grown commercially in 2013 to the tune of 5.9 million tonnes. The states that are actively engaged in Guinea Corn production in Nigeria are Kaduna, Katsina, Niger, Borno, Zamfara, and Bauchi.
As a result of its sweet taste and nutritional content, sugarcane is another crop in high demand in Nigeria. According to reports, Nigeria ranks 51st in global sugarcane production.
Katsina, Jigawa, Kano Kaduna, Taraba, Adamawa, Kebbi, and Sokoto are among the states heavily engaged in sugarcane cultivation in Nigeria.
2.8 million tonnes of groundnuts were produced in Nigeria in 2019. On the global stage, Nigeria is reputed to be the third-largest groundnut producer, they trail countries like China and India in terms of production output.
The following states account for the production of groundnut in Nigeria, they include: Kaduna, Sokoto, Yobe, Adamawa, Katsina, Borno, Gombe, Taraba, as well as Bauchi state.
Nigeria is the world's fourth-largest producer of Beniseed, after Myanmar India, and Tanzania, according to a 2019 report.
States that are active in the farming of sesame include Abuja, Yobe, Borno, Taraba, the Plateau region of the country as well as Kano, Jigawa, and Kebbi, Zamfara, Gombe, and Kaduna.
Do you intend to go into the agricultural business? Then think of making an investment in any of these cash crops.
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