Profitable Update, business ideas and trends

Cost Estimate and Revenue of 1 Hectare Wambugu Apple Farming in Nigeria Introduction Wambugu apples are famous for their sweet, crunchy taste, and high quality. They are originally from Kenya, but farmers are increasingly interested in growing them in Nigeria. As the demand for fresh fruit increases, many see Wambugu apples as a profitable crop. To make smart business choices, you need to understand the costs involved and what kind of income it can bring. This article breaks down what you should expect when investing in a one-hectare Wambugu apple farm in Nigeria. Understanding Wambugu Apples and Their Suitability in Nigeria Origin and Characteristics of Wambugu Apples Wambugu apples come from Kenya and are loved for their large size and juicy flavor. They ripen quickly and can be harvested within 8 to 12 months of planting. These apples thrive in warm climates with moderate rainfall and well-drained soil. The trees can grow up to 15 meters tall, but farmers usually prune them to ...

  COST OF PRODUCTION AND REVENUE OF ONE SCREENHOUSE (24m by 8m) OF BELL PEPPER   1. Red jet RZ F1 500 seeds - ₦79k 2. Nursery grow kits - ₦30k 3. Galvanized screenhouse (8m by 24m) by Twitter: @RaynativeFarm is ₦4M ( Not compulsory but recommended for Bell Pepper ) 4. Cost of fertilizer (Cowdung, MAP, KNO3, NPK, Urea, CaNO3 e.t.c) - ₦150k 5. Plastic Mulch Film (500m, 40Microns) - ₦150k 6. Pesticides + Fungicide (Imidacloprid, Azozystrobin + difenoconazole, Muncozeb, Lambda cyalothrin e.t.c) - ₦100k to ₦150k Labor (including ridges, Installing Mulch Film, Weeding, chemical spray e.t.c) - ₦200k Irrigation setup (For a single greenhouse) - ₦150k. What does ₦4M greenhouse cover? Irrigation setup, Sprayer, Nursery kit, seed, some chemicals and fertilizer). For REVENUE NOW Total expenses = With screenhouse = ₦4,300,000 Without greenhouse = ₦1,109,000 REVENUE FOR 500 GREENHOUSE BELL PEPPER (each can give 3kg) = 500x3 = 1500k Wholesale for Bell Pepper is ₦3500 to ₦5,000 1500x4000...

  COST OF PRODUCTION AND REVENUE ON ONE PLOT (30m by 10m) OF TOMATO FARM (Adapt from Twitter: @RaynativeFarm)   Buy 1000 tomato seed (Abale RZ F1) - ₦57k Nursery (seedling tray, fertilizer and Cocopeat) - ₦30k Plastic Mulch Film (500m, 40 microns) - 150k Cost of Pesticide and fungicide (Muncozeb, carbendazim, Azozystrobin, difenoconazole, Abamectin e.t.c) - ₦150k Fertilizer (Cowdung NPK, MOP/KNO3, DAP/MAP, CaNO3 e.t.c) -₦150k Labor (ridges, chemical spray, Weeding, planting, Mulch installation e.t.c) - 250k Irrigation setup for just 1 plot (installation, drip kits, e.t.c) - ₦200k 1 staff salary (4 months) - ₦200k Farm rent (1 plot for one season) - ₦50k Miscellaneous (Things we may forget to mention) -₦200k Total investment is ~₦1,287,000 NOW LET'S TALK ABOUT ROI Each stem can give yield of 4-8kg of fruit LET'S SAY ONLY 800/1000 SURVIVED 3x800 = 2,400kg (2.4 Tonnes) I sold each KG at 1600 to the wholesalers (Look at the tomato well, it's the kind they sell at supermarket...

  COST AND REVENUE OF A 25m by 25m (120ft by 60ft) PLOT OF HABANERO PEPPER The seeds - Mawenzili (500) and Loleza (500) wi cost about N130k Seed Nursery (trays, Cocopeat and planting plus fertilizer) - 30k Plastic Mulch Film (500m, 40 microns) - 140k to 165k Fertilizer (cowdung, NPK, Urea, MOP or Pottasium Nitrate, DAP or MAP or SSP) - 150K Pesticide + fungicide (Rocket, Super attacker, punch, Imidacloprid, Azozystrobin and Muncozeb e. t. c - 100k to 150k Labour cost (including Ridges formation, Installing Mulch Film, Weeding, chemical sprayer, fertilizer applications e.t.c) - 300k Irrigation setup (Drip kits, piping and drip installation, but without borehole/water source) - 200k Local greenhouse (like the one in the picture by @RaynativeFarm on Twitter), - this is not cumpulsory as Habanero are strong and survive well in open field, but greenhouse offer longer harvest. Cost for rent for a single season (1 plot) about 50k (salary of a Manager for 4 months) - 280k Miscellaneous (Th...

 COST AND REVENUE OF 1 PLOT OF LAND GRAPE FARM (100ft by 50ft) Credit: Twitter: @withchiroma The land cost in a secured area = 500k-2M Cost of 100 seedlings = 300k Cost of fertilizer (Year 1) = 100k Cost of Pesticide = 150k Cost of Staking = 150k Weeding = 70k 1 staff salary (1 year) = 360k Cost of irrigation = (Depending of the water source) about xx Fencing the Land = about xx Total = N2,130,000 This is without cost of irrigation and land fencingEach plant can yield 10kg - 25kg in the first harvest: 100 x 10 = 1000kg of fruits ( 1 tonn 1kg of fruits ranges from N3000-N8,000, depending on the variety So the average will be = 4000 x 1000 which is N4,000,000 per harvest.  NOTE: 1. Grapes is harvested twice a year 2. Grapes tree can live for more than 40 years 3. It is not as easy as it sounds, it is a rigorous process, requiring learning, monitoring, consistency, patience and alot more. 4. It will not just be as easy as a side hustle. If you want to read more, inquire more and ...

  Cost Estimate and Revenue of 1-Hectare Cassava Farm in Nigeria: A Comprehensive Guide Growing cassava is a popular way for many Nigerian farmers to make a good living. This root crop is a staple food and a key export product for Nigeria. But before you start, it helps to know what it costs and what money you can make. Knowing these numbers helps you plan better and avoid costly mistakes. Factors Influencing Cost and Revenue in Cassava Farming in Nigeria Climatic and Soil Conditions The weather and soil quality play a big role in how much you can harvest. If you have good soil and the right rainfall, your yield goes up. Regions with poor soil or dry seasons will need more inputs, which bump up costs. Different parts of Nigeria like the South or North have their own weather and soil challenges that impact farming. Farm Management Practices Old-fashioned farming techniques cost less but might produce smaller yields. Using modern methods like better seedlings, fertilizers, and ...

  Estimated Cost and Revenue of 1 Hectare Sugarcane Farm in Nigeria Understanding the financial side of sugarcane farming in Nigeria is essential for anyone thinking about starting or investing in this crop. With a booming local market and export opportunities, sugarcane farming offers promising profits. But before jumping in, it's crucial to know how much it costs and what kind of returns you can expect from a single hectare. Introduction Sugarcane farming plays a significant role in Nigeria's agriculture. It supports local economies, provides jobs, and fuels industries like food processing and renewable energy. For potential farmers and investors, knowing the true costs and earnings helps in making smart decisions. Sugarcane's growth prospects in Nigeria are bright, especially with increasing demand for sugar, ethanol, and other by-products. Understanding Sugarcane Farming in Nigeria The Agricultural Significance of Sugarcane in Nigeria Sugarcane is a vital crop for...

  How to Start a Tapioca Manufacturing Company: A Comprehensive Guide to Entering the Plant-Based Starch Industry Starting a tapioca manufacturing business can be a smart move in today’s growing health-conscious and gluten-free market. The global tapioca starch industry is booming—expected to grow at a compound annual growth rate of over 6% through the next few years. As more consumers seek plant-based, allergen-free options, demand for tapioca products is skyrocketing. With proper planning, focus on quality, and a clear strategy, you can carve out a profitable niche. Understanding how to launch such a business begins with knowing what tapioca is and where it fits into the bigger picture. Let’s explore this step by step. Understanding Tapioca and Its Market Opportunities What is Tapioca and Its Uses Tapioca is a starch extracted from the cassava root, a tuber widely grown in tropical regions. The root is peeled, crushed, and soaked to produce pure tapioca starch. Its neutral f...

  How to Start a Biscuit Company: Crafting Recipes and Acquiring the Right Machinery for Success Starting a biscuit business can be a highly profitable venture with the right approach. The snack and baked goods industry grows steadily, driven by changing tastes and health trends. More customers are searching for tasty, unique biscuits they can enjoy anytime. If you're ready to turn your love for baking into a business, this guide shows you how to get started—covering recipes, equipment, and marketing strategies. Credit: freepik Understanding the Biscuit Industry and Market Opportunity Market Size and Growth Trends The global snack market is worth over $400 billion and keeps growing. Biscuits make up a big part of that, especially in regions like North America, Europe, and Asia. Recent numbers show biscuits are one of the fastest-growing baked goods, thanks to busy consumers looking for quick snacks. Industry experts expect steady growth over the next five years, especially for ...

  Easiest Site to Get Wholesale Prices for Clothing in Nigeria Finding affordable and quality wholesale clothing in Nigeria is now easier than ever. As demand for stylish, budget-friendly apparel grows, more entrepreneurs and shop owners turn to online platforms to source their inventory. Choosing the right site not only saves money but also simplifies the buying process, making it perfect for small businesses and big retailers alike. In this guide, you'll learn about top platforms offering wholesale prices, key features to look for, tips to get the best deals, and expert advice to grow your clothing business effortlessly. What to Look for in a Reliable Wholesale Clothing Site in Nigeria Key Factors for Picking a Good Wholesale Platform When searching for the best site to buy wholesale clothing, certain qualities stand out. First, trustworthiness is crucial; you want a platform that guarantees genuine products and safe transactions. The variety of clothing styles and quality op...

  Top Free Websites to Increase Website Visitors and Achieve AdSense Approval Gaining steady traffic on your website is key to getting approved by Google AdSense. High-quality visitors show that your site is valuable and trustworthy. But if you just started, how do you get people to visit without spending a dime? Many free platforms and strategies can help you grow your audience ethically and sustainably. This guide walks you through the best free sites and tools to drive visitors and boost your chances of AdSense approval. Understanding AdSense Requirements and Traffic Essentials What Does AdSense Look for in Website Traffic? Google AdSense wants sites with genuine visitors who stay and interact. They check if your traffic comes from real users, not bots. If your traffic is mostly spam or paid clicks, your chances of approval drop. Ensuring the quality and consistency of your visitors is crucial. Why Organic Traffic Matters More Than Paid Traffic Organic traffic comes natura...

  How to Start Large-Scale Tangerine Farming in Nigeria: A Comprehensive Guide and Estimated Budget Nigeria is a land full of farming potential. Among crops, citrus fruits like tangerines stand out for their profitability and health benefits. With the rising demand for fresh tangerines, both inside Nigeria and abroad, growing these fruits on a bigger scale makes sense. Large-scale tangerine farms can bring in major income, create jobs, and open export doors. But starting such a farm requires proper planning to avoid costly mistakes. Knowing the challenges and preparing well can boost your chances of success. Credit: Shutter Understanding the Citrus Farming Industry in Nigeria Market Overview and Demand Trends The demand for citrus fruits keeps growing in Nigeria. People love tangerines for their sweet taste and health benefits. Statistics show Nigeria consumes thousands of tonnes of citrus each year, with more demand in cities. Nearby West African countries also want to buy Nig...

  Top Places to Source Industrial Recipes for Drink Mixes, Mineral Drinks, and More having reliable formulas is key to success. These recipes must be high-quality, safe, and compliant with industry standards. But where can you find these formulations? This guide covers the best sources for sourcing industrial drink recipes,  helping you stay ahead in a competitive market. Industry Databases and Recipe Platforms Comprehensive Databases for Industrial Beverage Formulations Leading online databases serve as treasure troves of industrial drink recipes and formulations. Sites like Innova Market Insights and Beverage Industry Magazine archives offer extensive collections of current formulations. Subscribing to these databases gives you ongoing access to up-to-date trends and innovative ideas. Plus, they include detailed formulations for energy shots, mineral waters, and more. Specialized Recipe Platforms and Marketplaces Platforms such as Alibaba , ThomasNet , and EC21 are ...