Benue State, referred to as the Food Basket of the Nation, provides a favorable environment for agricultural investments, agribusiness projects, and other industries that gain from the abundant resources in the area. The lush soil, pleasant temperature, and plentiful water supplies in the area make it the ideal place for agriculture and tourism investment.
Tourism in the Food Basket
Located in the tropical savanna region of Nigeria, with a marine sediment topography, Benue state is home to beautiful breathtaking tourist attractions. Come with me as we have a tour of them through this blog post.
Ikyogen Hill: Located in Kwande Local Government Area of Benue State, Nigeria, Ikyogen Hills, sometimes referred to as the Ikyogen Cattle Ranch. The magnificent vistas of the Ikyogen Hills enchant the senses. You will be welcomed by luscious vegetation, undulating terrain, and expansive views as you make your way up the hills. Both nature lovers and photographers will find the rolling hills a breathtaking backdrop.
Enemabia Warm Water Spring: The tranquil surroundings and therapeutic warm waters of Enemabia Warm Water Spring are well known. Enemabia Warm Spring water is known for being naturally warm and is maintained at a pleasant temperature all year round. The water at the hot spring is said to be heated geothermally, giving visitors a unique bathing experience. The warmth of spring may benefit your health by enhancing blood flow and easing various ailments in addition to having a calming feel.
Dajo Pottery is a well-known pottery studio known for its stunning handcrafted ceramic creations and dedication to maintaining the regional pottery cultural legacy.
Traditional ceramic methods that have been handed down through the centuries are the area of expertise of Dajo Pottery. The pottery is shaped, molded, and fired in the studio using locally sourced clay and time-tested techniques. The talented craftspeople at Dajo Pottery pay attention to the illustrious cultural tradition of pottery production in Benue State while also incorporating their originality and contemporary styles.
Dajo Ceramics is renowned for producing ceramics with distinctive and practical patterns. Every item, such as cutlery, mugs, plates, and ornamental bowls and vases is well made. A great location to purchase a souvenir or memento.
Investment Opportunities In Benue State
Agricultural Potential:
Benue State boasts vast agricultural resources, including fertile lands, favorable climatic conditions, and abundant water sources. The agricultural sector in the state is focused on crop production, with staples such as yam, cassava, rice, maize, and sorghum. The availability of these crops presents immense opportunities for investment in farming, agro-processing, and value chain development.
Agribusiness Value Chain:
Investing in Benue State allows you to tap into the entire agribusiness value chain. From primary production and processing to storage, packaging, and distribution, each stage offers investment opportunities. Establishing processing facilities, cold storage facilities, or agro-industrial parks can add value to agricultural produce and contribute to the general growth of the sector.
Export Potential:
The Agricultural abundance in Benue State positions it as a key player in the Nigerian export market. By investing in agribusinesses that meet international standards and comply with quality certifications, you can tap into the global market. Opportunities exist for exporting yams, cassava products, grains, and other agricultural commodities, contributing to foreign exchange earnings and economic growth.
Livestock and Fishery:
In addition to crop production, Benue State offers significant potential for investments in livestock farming and fishery. The state has favorable conditions for livestock rearing, including cattle, poultry, and pig farming. Similarly, the numerous rivers and water bodies provide an ideal environment for fish farming. Investing in these sectors can meet the growing demand for animal protein and contribute to the economy of the state.
Competitive Advantages
- Solid minerals: Kaolin, Limestone, Barytes, Gemstone, Gypsum, Feldspar, Wolframite
- The Longest stretch of a river system in Nigeria
- The state produces 70% of Nigeria’s Soybean and is the largest producer of fruit concentrate and cassava in Nigeria.
- All year green vegetation
- Animal husbandry
Benue State generated internal revenue in 2019 to the tune of 17.9 billion Naira ($471m) and a Household consumption of ₦1.2 trillion Naira.
For Agric-based investors, Benue State is a place to visit and start your business investment journey in Nigeria.
