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What Can 5 Million Naira Do In Farming? - Agriculture (2) - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / What Can 5 Million Naira Do In Farming? (1477 Views)

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Re: What Can 5 Million Naira Do In Farming? by Oluaso: 2:45am On Aug 30, 2020
With 5m you can target Avocado farming. Acquire 10hectares farmland in a secured location to give a plant population of 4,000@5mx5m spacing.Get good quality seedlings from NIHORT at Ibadan.It is a reaserch institute. They will equally help to transport to any part of the country and do the planting professionally.You can plant other crops like beans or egusi in between. Thank me Later
Re: What Can 5 Million Naira Do In Farming? by otedola1(m): 8:25am On Aug 30, 2020
nice1, I will advice on dry pepper! because is low risk

I don't know about you but for me farming is just suffering self,am an ex farmer therefore I know what iam saying.with such huge amount of money I will only venture into storage business which more profitable than farming itself.thats buying during harvesting and resell during scarcity. E.g you can get maize 6k during harvesting and resell now at 16k,or beans at 10k and resell 25k now or get agusi at 7k now and resell up to 20k during scarcity. Or dry pepper at 9k and resell at 18k during scarcity.

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