THE REALITY IS THAT PROFITABLE FARMING NEEDS CAPITAL, BUT HERE IS HOW TO START TO JUST N100k.

Water source is non-negotiable, use an already established water-source from someone's house/farm.

- Get an already fenced area and rent (a quarter plot is okay)

- Buy 200 tomato seeds (Abale RZ F1), that's about N11k

- Nursery kit for 200 seeds (7k should do, 1kg cocopeat, 2 seedtray and small soluble NPK)

- No irrigation system, just water directly (furrow)

- buy granular fertilizer (DAP, NPK and MOP) -30K

- buy pesticide (Abamectin, cypermethrin and emamectin benzoate ) - N20k

- The labor is not intensive, handle everything by yoursel

- Get Bamboo/woods for staking in the bush for freef.

NOW LETS DISCUSS REVENUE

At least each will give 3kg tomatoes

Let's say 150 plants survived and 50 died (due to mistakes )

150x3 = 450kg

450x1500 = N675k (Wow, wow).

THIS IS POSSIBLE BUT NOT AS EASY AS IT MAY SOUNDS PLEASE.

Adapted from Twitter:@withchiroma

Comments

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

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...

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

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...

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

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...

EPIC EARNING NEWS

Search This Blog