Skip to main content

COST AND REVENUE OF A 25m by 25m (120ft by 60ft) PLOT OF HABANERO PEPPER

Image
By

 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 (Things we may forget) - 300k


MAKING TOTAL OF ₦1,730,000


NOW LET'S TALK ABOUT THE HARVEST AND REVENUE


The varieties I have discussed about can yield 3-4kg of Habanero fruit


Let's say out of 1000, due mistakes e.t.c 800 survives and eaxh give 1.5kg (half of expecte


800x1.5 = 1,200


KG of Habanero in the market is ₦3000+ but let's use ₦2,500/


2,500x1200 = ₦3,000,000

If you remove your invested capital of ₦1,730,000 for the revenue of ₦3M, you have profit return of ₦1,270,000


NOTE:


1. The profit can be way more than that, but it is not as easy as it sounds, some can start and end with HYPERTENSION.

2. The whole process require deep knowledge, patience and resilience, it may take you 2 years to reach that level.


3. Follow @RaynativeFarm, and join our WhatsApp farmers club group at:

Follow Facebook on: https://www.facebook.com/groups/536430085561386/?ref=share&mibextid=NSMWBT



Labels:

Comments

Post a Comment

Popular posts from this blog

How to start groundnut oil business and it's oil production

By
 The groundnut oil industry is a great chance for entrepreneurs to dive into the vegetable oil market. Groundnut, or peanut oil, is a versatile oil used in cooking, cosmetics, and industry. With the world's population growing, the need for good cooking oils is higher than ever. Groundnut oil is loved for its mild taste, high smoke point, and health benefits. It's a favorite for those who want healthy and tasty food. Its special qualities also make it important in making personal care and industrial products. This opens up more chances for groundnut oil makers. Key Takeaways Groundnut oil is a versatile and widely-used edible oil with growing demand in the cooking, cosmetic, and industrial sectors. The global population growth is driving the need for affordable and high-quality cooking oils, fueling the  peanut oil production  and processing industry. Groundnut oil is renowned for its mild flavor, high smoke point, and rich nutritional profile, making it a popular choice a...
Post a Comment
Read more

Layer Farming in Nigeria: Cost, Revenue & Profit Projections for Success

By
  Layer Farming in Nigeria: Cost, Revenue & Profit Projections for Success Nigeria's hunger for eggs is huge. Did you know the demand for eggs grows every year? Our rising population means more mouths to feed, making layer farming a goldmine. Many folks dream of starting a poultry farm but worry about the money needed. They often lack clear steps for financial planning . This article is your map to smart choices. We will break down all costs you'll face. You will learn about how to make money, calculate your profits, and boost your earnings. Get ready to turn your layer farming dream into a real business. Understanding the Nigerian Layer Farming Market Layer farming in Nigeria is a big deal. The industry offers clear chances for growth and profit. It is important to know how the market works before you jump in. This sets the stage for solid financial planning. Current Egg Demand and Consumption Patterns in Nigeria Nigerians love eggs . The average person eats about...
Post a Comment
Read more

Cost, Budget and Business Plan for Rice Mill Setup in Nigeria

By
  Cost, Budget and Business Plan for Rice Mill Setup in Nigeria Rice milling plays a crucial role in Nigeria's agricultural sector . With rising demand for locally milled rice driven by population growth and changing consumption patterns, investing in a rice mill presents a promising business opportunity. Setting up a rice mill requires careful planning around costs, budgeting, and a solid business plan that aligns with Nigeria’s rice production environment. This article breaks down the key components you need to consider to start a successful rice milling business. Overview of Rice Mill Setup in Nigeria A rice mill is a facility where paddy rice is processed into rice ready for consumption. The milling process usually includes dehusking , polishing , grading , and packaging . In Nigeria, rice mills form a vital link in the rice value chain as they help reduce post-harvest losses and add value to raw agricultural produce . Rice mills come in various sizes, catering to diffe...
Post a Comment
Read more