Investogist
No Result
View All Result
Thursday, November 13, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Legend Internet Declares N120M Dividend & N150B Capital Raise at 2nd AGM

    Court Dismisses Suit Challenging Soludo’s Election, Orders Plantiffs to pay N6mn damages

    Charles Chukwuma Soludo wins 2025 Anambra Governorship election amidst low voter turnout

    Only 23% of Nigerians trust INEC- Report says

    INEC uploads 97.73% of Anambra State Governorship election polling unit results

    Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Nissan Motors sells Yokohama Headquarters for $630 million

    Nissan Motors sells Yokohama Headquarters for $630 million

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    FULL LIST: FG releases 50 tax exemptions, reliefs for businesses and individuals from 2026

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

    Presco Plc commences Rights Issue of 166,666,667 ordinary shares

    Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

    Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

    Veritas Kapital Assurance Plc to consider mergers/acquisitions to shore up capital

    Veritas Kapital Assurance Plc to raise ₦15 Billion capital by way of Private Placement

    Zenith Bank posts N174bn profit, earns N28.14bn from Account Maintenance in 9 Months

    Zenith Bank Staff Fund acquires shares of the Bank worth over ₦2.31 Billion

    SAHCO Plc appoints Adejo Olusegun as Chief Financial Officer

    SAHCO Plc appoints Adejo Olusegun as Chief Financial Officer

    Ellah Lakes Plc sets sights on expansion and operational efficiency with ₦232 billion capital raise

    Ellah Lakes Plc sets sights on expansion and operational efficiency with ₦232 billion capital raise

    Access Holdings Plc Releases Unaudited Financial Report for H1 2025

    Access Holdings Awards ₦985 Million in Vested Shares to 689 Employees

    Diageo Appoints Dave Lewis as CEO Effective January 1, 2026

    Diageo Appoints Dave Lewis as CEO Effective January 1, 2026

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Legend Internet Declares N120M Dividend & N150B Capital Raise at 2nd AGM

    Court Dismisses Suit Challenging Soludo’s Election, Orders Plantiffs to pay N6mn damages

    Charles Chukwuma Soludo wins 2025 Anambra Governorship election amidst low voter turnout

    Only 23% of Nigerians trust INEC- Report says

    INEC uploads 97.73% of Anambra State Governorship election polling unit results

    Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Nissan Motors sells Yokohama Headquarters for $630 million

    Nissan Motors sells Yokohama Headquarters for $630 million

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    FULL LIST: FG releases 50 tax exemptions, reliefs for businesses and individuals from 2026

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

    Presco Plc commences Rights Issue of 166,666,667 ordinary shares

    Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

    Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

    Veritas Kapital Assurance Plc to consider mergers/acquisitions to shore up capital

    Veritas Kapital Assurance Plc to raise ₦15 Billion capital by way of Private Placement

    Zenith Bank posts N174bn profit, earns N28.14bn from Account Maintenance in 9 Months

    Zenith Bank Staff Fund acquires shares of the Bank worth over ₦2.31 Billion

    SAHCO Plc appoints Adejo Olusegun as Chief Financial Officer

    SAHCO Plc appoints Adejo Olusegun as Chief Financial Officer

    Ellah Lakes Plc sets sights on expansion and operational efficiency with ₦232 billion capital raise

    Ellah Lakes Plc sets sights on expansion and operational efficiency with ₦232 billion capital raise

    Access Holdings Plc Releases Unaudited Financial Report for H1 2025

    Access Holdings Awards ₦985 Million in Vested Shares to 689 Employees

    Diageo Appoints Dave Lewis as CEO Effective January 1, 2026

    Diageo Appoints Dave Lewis as CEO Effective January 1, 2026

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Opinion & Analysis Columnists

No Rain: Defining Challenges for Smallholder Farmers

Saturday, 5 September 2020, 9:35 am
in Columnists, Opinion & Analysis
4
No Rain: Defining Challenges for Smallholder Farmers
Share Share Share Share Send as Email

The importance of rain and its role in crop farming cannot be over emphasized. Crops need moisture to grow and this they get either naturally (rainfall and river banks) or artificially (irrigation). The agricultural landscape in Nigeria is more dependent on the natural moisture source than artificial source.

Majority of farmers, and most especially, smallholder farmers, determine farming seasons by rainfall. This, they call wet season. Those who are able to farm during the dry season are very few when computed in percentage. They are largely, the commercial, big time farmers.

  • Read also; Enrollment for NIRSAL AGROGEOCOOP Formation Exercise
  • UBA National Essay Competition 2020 for all Senior Secondary School Students – ₦2.50Mn grand prize

Recently, there has been a dearth of rainfall in Nigeria and most especially around the Southwest axis. For more than two months now, there has been no rains in this zone. This is largely affecting farmers in their numbers. This writer was in Osun State last week and visited some farms to have first hand information on the effects of the lack of rain on the farms.

Image: Effects of draught on land for agriculture. Source: FAO

The farmers massively lamented the dwindling fortunes in their small businesses occasioned by this dearth. It was very visible the deteriorating conditions of the crops. Some planted newly before the rains stopped and had to manage manual irrigation for some time. But those who have up to one hectare of land are finding it very difficult to do manual irrigation due to the stretch-out; and this comes at an extra cost. Most of the plants are no longer green but somehow yellowish due to excessive sunlight with no moisture to maintain their roots.

This has far reaching effects on both food security in Nigeria and the largely single income stream for these farmers. The major consequence of this would be the scarcity of foodstuff in the market. A certain positivity is identified here for those farmers who are already on irrigation systems. They determine market prices at the moment.

Take an instance with vegetables. Off-takers and wholesalers are combing every bush in search of where to buy vegetables from farmers. When they eventually see, it is exorbitant. Ewedu vegetable used to cost around N1,000 for a set of twelve bunches around this time. During the dry season (off-season), it is usually around N5,000 to N6,000 but right now it is around N3,500. This trickles down to the final consumer who buys from the local food market.

Secondly, by the time we usually have abundance, there will be some scarcity thereby stretching the duration of off-season prices. Who bears this the most is the final consumer. It goes round to other crops like pepper, tomatoes, cabbage, lettuce, onions, etc. The list is long but the bottom line is same.

The better-off at the moment are the farmers using greenhouses but how many families can they feed? Again, most greenhouse farmers supply to the closed markets like retail shops and supermarkets. This, again, is their boom season unless they have a strategic alliance with these shops that allow them supply at an agreed rate for an agreed duration.

Thirdly, it is largely going to affect seeds sellers because by the next planting season, there may be less seeds to sell to farmers. Smallholder farmers who do not buy seeds from commercial sellers are currently not harvesting and as such not drying for the aforementioned purpose. This translates to scarcity as at when needed.

Every perceived adverse situation comes with some glimmer of hope orchestrated by necessity. Most farmers who mean business have resorted to looking for ways to install irrigation systems in their farms to forestall a reoccurrence. Climate change is real and no one can comfortably predict where its futuristic pendulum would tilt.

The farmers who discussed with this writer were of the view that irrigation is the way to go right now. Most of them whose farms where situated near rivers, streams and ponds said they would have to go for rain guns while those on flat lands opted for other irrigation systems like deep irrigation.

Merchants of irrigation kits are equally having some good time and making the prices so high for farmers on the pretext of Dollar exchange rate. Agribusiness is a value chain and what happens in one chain affects the rest. Inasmuch as farmers are using this opportunity to key into using irrigation systems, they are doing so at a huge capex.

Installation of a drip irrigation system with the kits for an acre of land would usually go for about N200,000 but now it goes for between N250,000 and N300,000. Yes, and most smallholder farmers cannot afford it. They have the land, they have the seeds, they have the skills, they have the energy but they cannot boost production with irrigation.

The farmers beckoned on government to come to their aid by subsidizing the irrigation kits. They lamented that accessing the loans from the Federal Government was not coming so easy. Lots of bottlenecks are making it difficult to get these funds, and, this is largely due to the pandemic which made the FG to focus more on COVID-19 palliatives to her citizens including these farmers.

In the opinion of this writer, this is the period for smallholder farmers to come together in cluster farms so as diffuse the burden of the cost by smaller, broken-down contributions towards acquiring these systems. Rain guns are better in this instance because they are movable and can cover large expanse of farmlands. By the time the pandemic is over, the FG may look into how to partner with these farmers for better ease of doing business.

Written by:

Edokobi, Azuka Stephen (+234 803 553 5948)

 

Related Posts:

  • Mnanggwa
    Zimbabwe to compensate White Farmers with $3.5…
  • image-631
    President Bola Tinubu Donates 70 trucks of…
  • Emefiele 1
    Anchor Borrowers: CBN records over 76% non-repayment…
  • Azuka New 1
    Current Structure and Challenges of the Nigerian…
Previous Post

UBA National Essay Competition 2020 for all Senior Secondary School Students – ₦2.50Mn grand prize

Next Post

LUI Clothing is hiring: Retail Manager wanted at Enugu

Next Post
LUI Clothing is hiring: Retail Manager wanted at Enugu

LUI Clothing is hiring: Retail Manager wanted at Enugu

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

Presco Plc commences Rights Issue of 166,666,667 ordinary shares

Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

Legend Internet Plc to acquire Microfinance Bank, Telecom and Internet Service provider

Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

Presco Plc commences Rights Issue of 166,666,667 ordinary shares

FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved