moremi2008:

I know he's a car dealer and it's part of his job to famz and ranka dede to build business. Are you by any chance in the market for a new car? That might explain all this enthusiastic praise and adoration!

PS - Bros Femo, abeg carry on oh! I am just saying my own. Please don't let any man knock your hustle!

AjanleKoko:

Interesting stuff. And very ambitious.
Talk soon.

ode remo:

i have learnt a lot frm this thread.
i am into farming around abeokuta and remo area, good thing is the amount of energy around these axis, wealth of experience, advice , research etc. not all roses but to fail is not an option.

feelamong:

Excellent thread, Really cant farm,

But a trader to the bones, looking for any oppurtunity to sell any of the farm products,

Keep the information flowing, Pls farmers when the harvest season starts do keep us posted too

Prof JYK:

*furiously scribbling, taking notes*. 2 2D notebooks filled already, need to get a higher education 80 leaves ASAP.

about d quality of naija grown versus well polished imported rice, had an Arewa based roommate back in school whose part it was to come with rice, yam and foodstuffs while I brought provisions and lagos stuffs. learnt after three years that it had been Naija rice we had been enjoying for 3 years.
all along, d fabled abakaliki rice with rocks outnumbering grains made it imposible to believe rice could b processed to near perfection locally. maybe cos it was planted and processed for private consumption in the family farm. point is, its possible.

great thread, learnt a ton (most Inimportantly, tread carefully) thanks Everyone esp TKB for awakening d farmer in us.

pls lets kip it coming, class is still in session.

tkb417:

Lease vs Buy

what will you guys advise?

Now, i have relaxed a bit and i might not do any planting in rainy season. . . .

Need to tread carefully like you guys advised but definitely rice would be planted this season

I have been speaking with some peeps at Odeda area of Ogun State shortly after College of Edu Osiele to either buy/lease the land while another discussing is going on with someone at Idi iroko

The economist in me says lease the land and free up cash for more production activities while another voice say, 'ure leaving urself open to exploitation from land owners if you dont buy'

whjat do u guys think?


I guess this thread is open to all prospective and active farmers to learn and share info

so if youre planting presently or ure into animals, share your experience with us.

As for me oh, agric biz is the next thing on my agenda

Shola (f):

Buy is the best option.

The land stays in your family and your children can benefit from it, should in case your children and grand children wants to go into the same business.

Fhemmmy:

Leasing is a great option, like you said, that will free up the cash for more production and could even be for some other kinda business.
However, once the owner of the land see how prosperous the business is, they could come one day and decide to wanna take over, in Nigeria, anything is possible.
But like you said, your kids might not be interested in farming, but the land will one day could be used for development and i am sure your Kids MIGHT be interested in that

tkb417:

@Fhemmy
can you send me an email so we can chat

when u have time tho. wanna ask some questions

sholatech:

Will outgrower program not work in western Nigeria?

sholatech:

Will outgrower program not work in western Nigeria?

adelegan1:



That is what I'm saying out grower which also know as contract farming is the best. because you don't have to go through the stress of planting and harvesting all you have to do is to sponsor farmer and they will bring the rice to you so you can process

feelamong:

Why dont you just lease the land for a long period say between 15 -20 years,

Also insert a clause on the agreement that you will be given the 'first right to buy' whenever they want to sell the land. (just as they do in the football world these days)