₦airaland Forum

FBS:
And FYI, just saw that you can now use your phone emojis on NL 🎉

Seun done run am ✅✅✅

Bimffo:
It should be profit considering I can pay the debts I have incurred on the farm in 3 years time. Used like 7 million in taking care of it.

Was searching for someone that I can lease out to sef. For 1 year, and thee person will give me 10 million naira.

The picture shown was me last year, at the desperation of my Japa fever. . The guy I message didn't reply. Second picture is to show you date.

I was tired and desperate that last year. But unfortunately for me, na embassy USA send me come house.

Japa talks aside, you are sitting on Fixed income there. Another 50 acres join sef

What of harvesting, processing and transportation (operational) cost? is it deducted from that N10k wey you calculate?

Typically a business with proven and stable cash flows in a stable economic environment can be valued at 7 times EBITDA (Operating profit). So the value of that 50 acres is N210m at maturity if N30m is the proven annual EBITDA. You also have another 50 acres coming to maturity in another 6 years. The only caveat with such a valuation as applies to Nigeria is the stability of the Naira.

As cashew is a cash crop, if you can lock into the international market, you can stabilise your cash flows regardless what Naira is doing. On my travels to Gambia, I met a British-Jamaican guy called Bonga whose work is adding value to cashew. He doesn't own any trees, he pays all the local villagers 10 dalasi per sack of cashew they bring from communal trees, he then hires some niggas from Guinea Bissau to roast and process in his roastery (Cashew business is big in Bissau and Mozambique in Africa) and then he packs about half to a full container of processed cashew to ship to UK per year. He gave me a tour of his roastery, and said that's his main income source. The cheapest cashew you will buy in UK is like £6 per kilo in the discount stores, I imagine he will be collecting like £2 per kilo, meanwhile average international export price of cashew is like $1.20 per kilo which I'm sure still works out much higher than your yield of N10k per tree.

Without digressing too much, you are sitting on a reliable future cash flow which with development of foreign buyers can yield substantially more.

Bimffo:
It will produce at full stage at age 7 or 8.

I planted 4.5m by 4.5m.

99 trees on an acre. But the thing is, not all of them survived. 70% survived. 3,000 trees at least.

At full stage, it should give me at least 10-15k per tree, no matter the state of the economy.

So N30m per year using N10k per tree at full stage in about 3 to 4 years

Is that profit, Gross Revenue or Net Revenue? ie before or after costs are deducted

How much you been want sell am for japa runs sef?

Bimffo:
I will do the breakdown by the end of March or before rain starts.

We are in year 4. First harvest.

But for 1½ weeks now, we've been getting 3k per tree averagely. Those trees harvested will still sow more fruits and nuts though.

N3k?

How many trees enter 50 acres?

Bimffo:
Ginger and Popsy.

He told me, there might not be work by the time I leave University. So he bought land. Acres of Farm Land for cheap.

I then contemplated.

Plant Gmelina Arborea, then wait for 5 years without taking care of it to cut once, or plant cashew, use money to take care of it for 4 years and run harvest for 50 years.

I went for the hardest.

I feel it is the hardest. The money I use to take care of it till maturity is from Bambiala from Family members.

Have you started harvesting? If so, run the numbers for us

larride:
What business does CBN has with debit card nitori olorun

Referee and player at the same time

seankafor:
Has there been any president in the history of Nigeria that was better than his predecessor?

Let's say, was Yar adua better than obj?

Was GEJ better than yaradua?

Was buhari better than GEJ?

I is any of the incoming president going to be better than buhari?

OBJ was better than Abacha

BlueMann:
Andrey Santos against Peru

5 tackles
5 interceptions
3 key passes
1 goal

Instrumental in defense and offense

Senior match or under 21?

FBS:
Warridis? You sabi Yoruba so?

I no sabi anything

Noni And James same wing. That right side go full of absenteeism sha

afrodoc2:
Robot oloshos are in the pipeline. Full package and everywhere go stew.

Olosho work can never be obsolete and has thrived since the days of Cain and Abel till now. Infact the ministry is expanding with Onlyfans and co

Meanwhile A001 should forget writing physics textbook in Yoruba. Oyinbo has already done it. In the words of one of my padi, "White man done go far oh"

DeadPresidents:
Used it to generate some queries for work earlier this week.

The thing is a life-saver for lazy mfs like me.

It's great for coding in any language. I tested some of my old Matlab scripts, the thing shock me. Oh boy, if we had this during MSc, lecturers for hear wien

But this shit is scary. Niggas got to build capital before labour gets wiped out. This will make you reconsider what skills to train your children on. Oh boy, only capital and olosho work is future proof henceforth

Singapore1:
no, it's not good with dissertation. the best thing it is good at is coding. But if you can feed it enough and ask in a "ELI5" kind of way (which is not worth it) then you are good

Have you found it useful for investment research?

One question it got right was the question about the GOAT

My theory is City lose league consistency accommodating Haaland but win the UCL with his decisiveness at key points in matches

Who done use this ChatGPT? E be like lecturers done enter one chance

Distance learning degrees in open ended fields like philosophy and sociology go hear am

airmark:
Jodera, you remember these posts? My eyes worked perfectly and Here We Go - Madueke.

Don't jinx it!

iamoyindamola:
Ibime
I have 3 arsenal players and trossard
If arsenal get him that will make it 4 arsenal players, does FPL have provision for that

They can play until you have to make a transfer, then it will force you to transfer one of them

Why would you keep Trossard at Arsenal anyway knowing he won't get ahead of Saka or Martinelli

How she want die inside this calm river from that small height

benalvino3:
the trolling only comes when I see certain behavior.

when I went to Birmingham to spend time with my friend Owen and his family, Ibim was like, If I was him I would spit in your face and kick you out for being a trump supporter.
.

Lies

Ibime:
If that white man who gave you job, or Owen who gave you shelter find out you are now a Trumpanzee, they will probably spit on you. You know how the British hate Trump and the vile, hateful rhetoric he represents.

A001:
But she died years before Pele.

Na her children go enjoy am. Him done finally talk true through his will

This is quite funny. Dead men have no need to lie. Action reveals the truth from beyond the grave.

https://www.nairaland.com/7530285/pele-leaves-millions-out-wedlock

FBS:
Thanks man.
Y'all so good with finding information and be scouts for Chelsea.
Who is Enzo Le Fee? Never heard of him.

I think say na one South Korean player sef

Thank God we have TDs now, we should be seeing different names we never heard of

Amoto94:
Juventus are interested in signing Raheem Sterling on loan with option to buy in the summer. He's seen as Di Maria's replacement at Juve.

{Tutto Mercato Web}

Juve wey get financial problem

You have been noticed. Let me know when rent is due, since I am living in your head

EPL table on the day Lampard was sacked. May the Lord grant us patient employers. It is not too late for Potter if Boehly show the patience of Arsenal directors.

Urals oil is trading at $55, a one year low and lower than preinvasion, while Brent and WTI trades at $80

The G7 $60 price cap has been quite effective so far. India and China are using the opportunity to fleece Russia

Nostradamus1:
On a serious note, Atiku's nonchalant attitude is puzzling.

Was he chalant before?

That baba dey relax as usual, it's PDP boys in the South that used to spread his message and all those guys are spreading Obi message this time around.

Ontop of that G5 are throwing hurdles in his path. His path to victory is solely in the North and I'm sure he is more active there.

Ballzproblem2:
breaking news Newcastle wants three chelsea players

They should allow Loftus and Ziyech go and bring back Ampadu to cover Loftus till season end

Amoto94:
Sources tell me today that Chelsea are seeking out Italian clubs for Jorginho to leave this month.

Also, understand that Leicester City are targeting a move for Ruben Loftus-Cheek this window.

#CFC

(
@siphillipssport
)

I will put this in my prayers till end of Jan

Ballzproblem2:
mbappe no smell chart,we might have gotten a gem

The boy is rapid. I like his signing, though not our immediate priority

Ballzproblem2:
chelsea will play shaktar donestk as part of mudryk deal in worn torn donbass(Ukraine).



Boehly better make call to abramovich (Putin right hand man) to tell Putin to hold fire on that day

lordfalcao:
havertz 5 goals and 1 assist

Saka 6 goals and 7 assists
Odegard 8 goals and 7 assists.


One is a generational talent

And one is a striker

popizaino:
Another light you cannot deem.

dim