Which area of agriculture would you go into with 1 million naira?

What is your startup cost and what will your profit be monthly or yearly?

Let's discuss, no phone numbers PLEASE.

With 1m naira....I will invest more in my catfish fingerlings hatching business.... Set up more bigger ponds,get lots of healthy and good breeds of catfish boostock and if possible also move in production of fish feeds.

Damentia:
With 1m naira....I will invest more in my catfish fingerlings hatching business.... Set up more bigger ponds,get lots of healthy and good breeds of catfish boostock and if possible also move in production of fish feeds.

No figures in capital and profit. What's the guaranty that the money won't be wasted?

I will invest more on Palm Kernl Oil processing

Go into poultry or cash crop farming.
Poultry could have projected 100% return under 8 weeks and cash crops can give returns for many years. It could be as high as 200%-500% return per year.

EMMAACHILE:
Go into poultry or cash crop farming.
Poultry could have projected 100% return under 8 weeks and cash crops can give returns for many years. It could be as high as 200%-500% return per year.

Can u elaborate how 1 million will be spent and profit involved.

mekaboy:


Can u elaborate how 1 million will be spent and profit involved.

Rent a pen with 1000 broiler capacity=?
Raise and buy 500 broilers under 7 weeks including cost of feed and drugs= 500,000

Sell at dressed weight at 2kg average at 7 weeks= N2000 @ 1000 per kg
Expected profits assuming deaths of 20 broilers= 480*2000= 960,000
Profits= 960,000-500,000

These are estimates and could even be surpassed

EMMAACHILE:

Rent a pen with 1000 broiler capacity=?
Raise and buy 500 broilers under 7 weeks including cost of feed and drugs= 500,000

Sell at dressed weight at 2kg average at 7 weeks= N2000 @ 1000 per kg
Expected profits assuming deaths of 20 broilers= 480*2000= 960,000
Profits= 960,000-500,000

These are estimates and could even be surpassed

Good on paper

mekaboy:
Which area of agriculture would you go into with 1 million naira?

What is your startup cost and what will your profit be monthly or yearly?

Let's discuss, no phone numbers PLEASE.

With N1,000,000 I will go straight into agro-products export to foreign countries and be making millions of naira as profit. In case you would like to go into that too, click on the first link on my signature to know how you will go about it.

Plantation agriculture is the way forward.

Edible mushroom production.
Easy to learn and understand.
Lucrative.
Available markets anywhere.
Cheaper to start with little capital.



1000 inoculated substrate bags @#500 each = #500,000.00

Fruiting period = 3 to 5 months.

Profit estimated for this period = #2000 each inoculated substrate bag.
1000 x #2000 = 2, 000,000.00.

2,000,000 - 500,000 = #1.5M


Profit for a period of + or - 3-5 months = #1.5M

pahoehoe:

With N1,000,000 I will go straight into agro-products export to foreign countries and be making millions of naira as profit. In case you would like to go into that too, click on the first link on my signature to know how you will go about it.

[[b][/b]quote author=pahoehoe post=77054004]
With N1,000,000 I will go straight into agro-products export to foreign countries and be making millions of naira as profit. In case you would like to go into that too, click on the first link on my signature to know how you will go about it.[/quote]
You link is not opening

NO BE LIE OOOO, WITH N1,000,000, I WILL STOCK ABOUT 8,000 FINGERLINGS INTO DIFFERENT EARTHEN POUNDS, WITH MY OWN METHOD OF FEED FORMULATION, I WILL BE ABLE TO FEED THEM COMFORTABLE FOR FOUR MONTHS, I CAN ASSURE YOU THAT ON A WORST CASE SCENARIO, TWO OF THE FISHES WILL WEIGH 1KG, IF ON A WORST CASE WE HAVE 1,000 MORTALITY WHICH WILL LEAVE US WITH 7,000 FISHES AND THE 7,000 GIVE US, ON A WORST CASE 3 TONE, AND A KILO IS SOLD AT N5,50. NOW MULTIPLY N5,50X1,000(1) TONE=550,000X3 TONES =N1,650,000. YOU WILL MAKE A PROFIT OF N650K ON A WORST CASE SITUATION FROM N1,000.000 IN 4 MONTHS, WITH DUE RESPECT SIR, THIS IS NOT AN EXAGGERATION. I CURRENTLY STOCKED ABOUT 2,200 CAT FISHES AND THEY ARE 3 MONTHS PLUS OLD. WITH MY HIGHLY IMPROVED FEEDING METHOD WHICH I LEARNT FROM MR. AKPOS, THOUGH I AM YET TO CALL AND GIVE HIM THE CREDIT, WITH THAT METHOD OF FEEDING FORMULATION I HAVE BEEN ABLE TO SPEND N195K ON THE FISHES SO FAR, AND I AM STILL HAVING ABOUT 130KG OF FEED ON GROUND TO FEED THEM FOR ONE WEEK, I DON'T INTEND TO SPEND ANOTHER N40K TILL THE FISHES ARE SOLD OFF. THE ABOVE ESTIMATION ARE ON A WORST CASE, YOU CAN EVEN MAKE ABOVE THAT AND U CAN STOCK TWICE IN A YEAR.

]NO BE LIE OOOO, WITH N1,000,000, I WILL STOCK ABOUT 8,000 FINGERLINGS INTO DIFFERENT EARTHEN POUNDS, WITH MY OWN METHOD OF FEED FORMULATION, I WILL BE ABLE TO FEED THEM COMFORTABLE FOR FOUR MONTHS, I CAN ASSURE YOU THAT ON A WORST CASE SCENARIO, TWO OF THE FISHES WILL WEIGH 1KG, IF ON A WORST CASE WE HAVE 1,000 MORTALITY WHICH WILL LEAVE US WITH 7,000 FISHES AND THE 7,000 GIVE US, ON A WORST CASE 3 TONE, AND A KILO IS SOLD AT N5,50. NOW MULTIPLY N5,50X1,000(1) TONE=550,000X3 TONES =N1,650,000. YOU WILL MAKE A PROFIT OF N650K ON A WORST CASE SITUATION FROM N1,000.000 IN 4 MONTHS, WITH DUE RESPECT SIR, THIS IS NOT AN EXAGGERATION. I CURRENTLY STOCKED ABOUT 2,200 CAT FISHES AND THEY ARE 3 MONTHS PLUS OLD. WITH MY HIGHLY IMPROVED FEEDING METHOD WHICH I LEARNT FROM MR. AKPOS, THOUGH I AM YET TO CALL AND GIVE HIM THE CREDIT, WITH THAT METHOD OF FEEDING FORMULATION I HAVE BEEN ABLE TO SPEND N195K ON THE FISHES SO FAR, AND I AM STILL HAVING ABOUT 130KG OF FEED ON GROUND TO FEED THEM FOR ONE WEEK, I DON'T INTEND TO SPEND ANOTHER N40K TILL THE FISHES ARE SOLD OFF. THE ABOVE ESTIMATION ARE ON A WORST CASE, YOU CAN EVEN MAKE ABOVE THAT AND U CAN STOCK TWICE IN A YEAR. [/quote]


Please could you help me with the feeding formula

Quickest and surest way to fast ROI is broiler production.
If you able to plan thoroughly, you will earn at least 300k from 2500 broilers every 6 weeks.

If you need details and the full plan. Contact me on 08101664680. I will help out for free.

Agrostyles:
Quickest and surest way to fast ROI is broiler production.
If you able to plan thoroughly, you will earn at least 300k from 2500 broilers every 6 weeks.

If you need details and the full plan. Contact me on 08101664680. I will help out for free.

That's profit is too low from 2500 broilers

EMMAACHILE:

That's profit is too low from 2500 broilers

I'm only being practical. Since the birds are much, he would have to sell at 550-600/kg and not the usual 1500-2000 per bird. Also, logistics involved in producing broilers of this quantity doesn't-come cheap. Unskilled labour, skilled labour, drugs, shavings etc will gulp money more than expected.

Okada, wait here..













I beg borrow me your biro, I carry note book come

Thou it is dirty but the research shows that it is the most profitable and greatest of every agro biz in Nigeria. that is piggery which I have little of it. but it will be privilege if I am given a support or have an investor. first I have land, with 1m I will build a pen with a well water worth of 250,000 which will serve me more than 6 years before it will require maintainance, I will buy good breed of 10 matured sows of 20,000 naira each making 200,000 , 500,000 naira will go for feeding because it takes larger parts of the investment, 50,000 for logistics. I will apply my technicalities experiences and skills. the animal will smile at me and they will give me nothing less than 700,000 naira every 4months. it may not be monthly but 700,000 will constant every 4month. please I know I have given good information. contact me on 08055076352, 08063307577 (call or whatapp. thanks.

Read this thread perhaps you will be guided




https://www.nairaland.com/3484249/why-agribusiness-sector-lucrative-yet

Agrostyles:


I'm only being practical. Since the birds are much, he would have to sell at 550-600/kg and not the usual 1500-2000 per bird. Also, logistics involved in producing broilers of this quantity doesn't-come cheap. Unskilled labour, skilled labour, drugs, shavings etc will gulp money more than expected.

Ur position is correct...