How to Grow Despite High Level of Inflation in Nigeria

Warren Buffett once said in a shareholder’s meeting in 2015 that, “The best businesses during inflation are the businesses that you buy once, and then you don’t have to keep making capital investments subsequently,”

There are no secrets to becoming wealthy that isn’t already out there today!. That is why I would be focusing on how to do it agriculturally today.

Farmland and Land Ownership

Owning a piece of mother earth will always be the best way to both store and build your existing wealth or riches. The simple reason why this is the case is because, mother earth isn’t expanding on a daily basis. As a matter of fact, in some countries, the size of land available for use is shrinking due to rising water level of the sea and ocean. Honestly, the same land available to you today, is the same land available to your parents, up to your great-great-grandparent. Hence, the constant re-evaluation and increase in the prices of land over and over again.

This static factor is the reason farmlands and land across many country keep appreciating exponentially. In Nigeria, farmland per acreage currently cost between NGN200,000 and NGN10 Million across various part of the country, depending on the nearness of the farmland to major city and metropolitan across the country. This same size of farmland is expected to appreciate by over 30% annually for the next 5 years. As an agricultural minded person, owning a part of the PROJECT 10,000 ACRES that I recently launched, is a great way to store, build and safeguard yourself from currency depreciation, a sad outcome plaguing the Nigerian Naira note.

Kindly show your interest in clicking the button below to get access to a proposal deck, and a call session with Adeniyi Shoremi.

Also be aware that this project is 100% tangible and a tour after purchase will be conducted for partners so they can see what we are building together.

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Farm Commodity Trading or Storage

Buying, storing and selling economic farm produce is no new announcement in a pool of safe investments you can make within the agricultural sector. The most important benefits that comes from this sort of coverage from inflation is that, it helps you invest steadily over time.

For example, if you’ve chosen to buy, store and sell red oil, you could always buy 5 jerricans every month provided that’s the strength of your savings from your income. If you could sustain such trend for a maximum of 10 months, you would be owning up to 50 jerricans of red oil buy the end of the 10 month.

If you are interested in starting your own commodity trading business, kindly message us on WhatsApp by clicking the button below.

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Farm Inventory

Farm inventory involve all asset within a farm establishment that can be sold. In a country with stable macroeconomics, this doesn’t ring a business friendly bell. But in a country where foreign exchange keep increasing and is unstable, buying up farm inventory and selling later is a great way to store up and safeguard wealth.

Want to Learn More About How to Grow Despite Inflation?

Kindly listen to my podcast on the same topic to get more insight on how to grow despite terrible inflation.

To access my podcast, kindly click here to listen.

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