10 Leading Commercial Farms In Nigeria, and Their Rich Owners – PHOTOS!

Before the advent of crude oil, agriculture was the mainstay of Nigeria’s economy. Then, the country’s economy thrived; food was available and affordable. People, therefore, did not go hungry, except in extreme cases occasioned by a serious factor.

With the oil boom era, the country and its people shifted attention from agriculture to oil and gas. Subsequently, graduates of Agricultural Science, Soil Science, Agricultural Extension, Agricultural Economics etc., looked for white-collar jobs in banks and other seemingly lucrative areas, including oil and gas. Little did people know that those who remained in agriculture would today be raking in millions and billions of naira, as their products now grace both local and international markets.

This gives an impeccable signal that agriculture is, perhaps, more viable than other sectors. Also, it is an indication that well planned investment in agriculture is not a futile effort. It suffices that some Nigerian farmers have successfully built some shining legacies that need to be emulated and replicated. Most of them, as observed, are politicians.

List put together by Leadership. Check on it below, in no particular order.

OLUSEGUN OBASANJO (OBASANJO FARM)

Chief Olusegun Obasanjo is not only a retired army officer, former head of state and politician, he is also a successful farmer. He owns Ota Farm, which is also called Obasanjo Farms. The large farm was formally opened on October 8, 1979, a week after Obasanjo handed over power to a civilian administration on October 1, 1979. At inception, the farm took off as Temperance Enterprises Limited (Farming Venture). It later became Obasanjo Farms Nigeria Limited.

Obasanjo Farms indeed took off in grand style, indication that Nigeria’s former president meant serious business. This probably accounts for the growth, expansion, sustainability and consolidation witnessed in the evolution of the farm, considering how it started and where it is now.

The farm took off with two layer houses containing 100, 000 birds each and five broiler houses of 12,000 each, in addition to two feed mills of three tons per hour each. The large farm, which has up to 7,000 workers started with four bulldozer operators. Today, Obasanjo makes up to N34million daily from Ota Farm, which has branches in Ibadan and Igbo-Ora, Oyo State. This is no small earning for the former president whose farm has played a significant role in the development of agriculture and food production.

Obasanjo also uses the farm complex at the Agbe L’ Oba House, Ota, the Ogun State headquarters of the farm, to hold political and diplomatic meetings.

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