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 a Medicine Store in Nigeria: A Complete Cost Guide

How to Start a Medicine Store in Nigeria: A Complete Cost Guide Unlocking opportunities in Nigeria's pharmaceutical market can be a rewarding adventure. With a growing population and increasing healthcare needs, starting a medicine store presents a significant chance for entrepreneurs. The Growing Demand for Pharmaceuticals in Nigeria Nigeria's pharmaceutical market continues to expand rapidly, expected to reach about $4.6 billion by 2025. This growth offers a fertile ground for starting a medicine store. Various challenges exist, such as regulatory hurdles and competition, but the potential rewards are substantial. Why Start a Medicine Store? Starting a medicine store not only promises profit but also creates jobs. By offering essential healthcare products, you contribute to better health outcomes within the community. Enhancing access to medication can have a profound social impact, making it a fulfilling business choice. Regulatory Compliance: Navigating the Legal Lan...

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...

How to Create an Engaging Social Media Presence for Your Business

How to Create an Engaging Social Media Presence for Your Business In today’s fast-paced digital world, having a captivating social media presence isn’t just a luxury—it's essential for your business. With billions of users worldwide, platforms like Facebook, Instagram, and TikTok are where your audience spends their time. But how can you stand out in such a crowded space? Here’s a deep dive into strategies for crafting a dynamic social media presence. Understanding Your Target Audience To create engaging content, you must first know who you're talking to. Understanding your audience shapes your messaging, tone, and even the platforms you choose to use. Identifying Demographics and Preferences Start by researching the basic demographic data available on social media platforms. Use tools like Facebook Insights and Instagram Analytics to gather information about the age, gender, location, and interests of your audience. Consider surveys or polls to gain direct insights. Thi...

Search This Blog