Editor's note: Saheed Akinola Esq, the the Legit.ng partner blogger, in this latest article, explains how snail farming could make people millionaires in this harsh economic situation plaguing Nigeria.
Saheed is a legal practitioner and consultant on farming/agricultural investments.
His expertise covers a wide area such as corporate practice, asset acquisition, property acquisition, sales and management, farm management and consultancy.
He consults for individuals and corporate organization across Nigeria and abroad.
He could be contacted via: email@example.com +2348032493960, +2348050221164, or propertylinelawyers.wordpress.com.
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Snail farming is a very lucrative business with sure returns of investments but yet it is one of the neglected farming businesses in Nigeria. Snail farming provides a good opportunity to make money within a short period of time.
However, ignorance has prevented Nigerians from tapping into this second to none business where you can never go bankrupt. Snail farming is a big business; it provides opportunities to many farmers, sellers, middlemen, exporters etc.
Many people still believe that snail can only be hand-picked in the bush during the raining season, not knowing that it could be domesticated, reared and sold as a full time business.
Some have ventured into the business of Snail farming in the past but because of their lack or inadequate knowledge, they were unable to make headway in the business.
READ ALSO: 6 basic things prospective buyers must know before paying for a landed property
Snail farming is a great money making business, therefore, we have no reason to be wallowing in hunger and poverty in Nigeria.
Recently, people are rushing to farming in Nigeria but still they neglect this aspect of animal rearing which ironically happens to be the best form of farming that requires little start-up capital and effort but brings a great returns of investments.
I always encourage people that even if you have failed in all endeavours, try Snail farming and you will never regret doing so. Anybody who is interested in traveling abroad to search for green pasture should tarry a bit and venture into snail farming where the grass is greener.
Before we delve into the ways by which you can make money in Snail farming, you must first know why you must engage in snail farming by learning about the real reasons snail farmers never stop doing the business unlike fish farmers that normally stop after 2 or 3 years of business.
Commercial Snails in Nigeria
The most suitable and commercial Snail species for rearing in Nigeria are: Achatina Fulica, Achatina Achatina and the Archachatina Marginata but we normally recommend Achatina Marginata because of its market acceptability and high demand in Nigeria.
Real reasons you should start your snail farming now
a. Snail farming business is one of the easiest animal rearing businesses one can engage in. The business is not saturated yet. Engaging in it means you are helping to protect the extinction of the animal from the wild (forest).
b. Snail requires only a small area of land to start with. You can start snail farming from your compound as it is easy to combine with other normal schedule of activities and can easily be managed even by women and children.
c. Snails are also a good source of protein. Snails are very popular among weight watchers because they are extremely low in calories and fat. Snail meat is also very beneficial to people suffering from cardiovascular diseases, cancer and people trying to recover from an injury.
d. Snail farming is not capital and management intensive, especially when compared to poultry and catfish farming. The feeds are readily available and you can even produce it yourself as snails feed on waste. You can start small from your backyard and grow from there.
e. Another interesting thing about rearing snails is that they are in high demand in places like hotels, restaurants, etc. Their feeding materials are cheap and locally available.
Edible snails are available all year round especially during raining season. The demand always surpasses supply in the rainy season, let alone in the dry season.
f. There is high potential for good returns; it is one of the most profitable investments one can think of. Because snails are hermaphrodites (having male and female organs), therefore they have the capacity to reproduce prolifically.
13 ways you can make money investing in snail farming business
1. One can generate great income in Snail farming business as a farmer. Snails could be sold at any age depending on the choice of the farmer. One can decide to sell hatchlings, growers, breeders or table sizes
2. The farmer may decide not to breed but rather source for young and middle aged snails from co-farmers and then sell after growing them for a few months for profit.
3. You can make money by raising and selling nursery shelter to start-up snail breeders.
4. Many snail traders have the challenge of keeping or warehousing their unsold snails. You can make money by providing that warehousing service.
5. Consultancy Service
An experienced snail farmer can provide consultancy services on snail pen construction and farm management to generate income.
6. Small Joint
You can decide to operate a mini boiled peppers snail or fried peppers snail joint and you can be sure to make huge cash.
7. You can target a high brow areas and supply directly to individuals or groups in the arears.
8. Snail Traders
Snail traders in the local markets usually sell big, medium and small sized snail. You can make cool profit if you buy and stock the big ones and wait for when it’s scarce to resell back to the snail traders.
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You can also buy medium size, grow them to become bigger at your farm and resell to the traders for better profit.
9. You can sell to Hotels
The Hotels are in huge demand for snails. You can position yourself as a regular supplier. Once they know you always supply at agreed time and period then you are on your way to regular income.
10. You can also supply to Restaurants
They also patronize suppliers of quality. The more restaurants you supply, the bigger your profit will be.
11. You can equally target eateries and barbeque operators
They also patronize suppliers of quality snails.
You can source for client abroad and export the snails and make your money in foreign currency
13. You can also market your snails to cosmetic companies that use snail slime for drug and cosmetics
In conclusion, Snail farming is a slow but stable way of making money. I make bold to say that Snail farming business is a highly lucrative business guaranteed to bring you a huge source of income within a short period of time. Decide which aspect of snail farming is the best for you and start now even if it is with a few snails.
Meanwhile, Legit.ng had previously reported about how farmland investment could help Nigerians make millionaire in 2017.
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