The growing global demand for ‘chilli’ and habanero peppers, combined with a supply shortage, has created an opportunity for investors willing to pump cash into the subsector.
According to experts, the opportunity has turned pepper farming and storage into one of Nigeria’s most promising agribusiness investments in 2025.
In 2023, Nigeria exported $1.36 million worth of pepper to countries like the United States, India and the United Kingdom, yet it still imported $8.1 million worth of pepper, according to the Observatory of Economic Compl
