BeLive's Profile
New Member
14
Points

Questions
1

Answers
3

  • RE: How Much Do You Think This Site Is Worth?
    New Member Asked on July 10, 2017 in Business.

    I suggest 10 – 15 million naira.

    • 3289 views
    • 8 answers
    • 0 votes
  • RE: Can I make good profit from plantain farming?
    New Member Asked on May 5, 2017 in Agriculture.

    Thank you for your answer Darlington, much appreciated.

    As a matter of fact, I have not had the best of luck with the people I’ve met regarding farm set up. They seem to want to swindle me really, it’s a pity that I don’t have someone that can help me.

    Would you be kind to help set up my farm if you’ve got the knowledge or point me in the right direction of an honest person that can help?

    Your help will be greatly appreciated.

    • 3322 views
    • 8 answers
    • 1 votes
  • RE: Can I make good profit from plantain farming?
    New Member Asked on May 5, 2017 in Agriculture.

    Thank your answer Chinwe.

    Just to start small and minimise exposure to risk, I have budgeted between 2 million and 3 million naira for 5,000 plantain suckers until harvest. The budget covers the following:

    1. Two borehole systems at 400,000 naira
    2. Five thousand hybrid/cultured suckers at 100 naira each = 500,000
    3. Chicken excrete / fertilizer = 500,000 (The land needs nutrients, as it isn’t a virgin land. Hence high cost of fertilizer)
    4. Labor cost including initial labor and ongoing salary = 500,000
    5. Generator = 200,000
    6. Petrol / Diesel = 300,000
    7. Farm house = 400,000
    8. Miscellaneous = 200,000

    I am looking to cultivate the suckers before the end of May 2017, planned for harvest latest April 2018. All things equal and hopefully a healthy harvest, I assume that we should be able to harvest at least 4,500 bunches of plantain.

    How much do you think I can sell each bunch for in April 2018?

    • 3322 views
    • 8 answers
    • 1 votes