Maximizing Profit: Accurate Cost Estimates and Revenue Projections for a Hectare Palm Farm in Nigeria Nigeria's farms hold huge promise for smart investors. Palm oil tops the list as a steady crop with strong demand. You can't dive in without solid numbers on costs and earnings. This guide lays out every detail for a one-hectare palm farm. It covers startup money, yearly upkeep, yields, and income forecasts. You'll get a clear path to check if this fits your goals. Initial Capital Expenditure (CAPEX) for Establishing One Hectare Setting up a palm farm takes upfront cash. Think land, plants, and basic setups. These costs vary by location, but planning helps keep them in check. Land Acquisition and Preparation Costs Land prices differ across Nigeria. In the South-South zone, like around Port Harcourt, you might lease a hectare for 100,000 to 150,000 Naira per year. South-West areas, such as Ogun State, could run 50,000 to 100,000 Naira. Buying outright? Expect 500,000 ...