Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,320 members, 7,819,096 topics. Date: Monday, 06 May 2024 at 11:07 AM

1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value - Agriculture (2) - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value (6930 Views)

I Want To Invest In An Agricultural Business (serious Inquiry No Games) / The Biggest Rice Pyramids In Africa, Built With 1M Bags Of Rice (Pictures) / Coscharis Adds More Monster Commercial Rice Harvesters In Anambra- Pictures (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by senny0001(m): 7:46pm On Aug 14, 2022
Curious345:
Is have this 1m in the bank..

I need an agricultural trade investment plan that grows the money organically .
I don't need any Hollywood advice ,
Just be as practical as possible..

Thank you

Why not try supply chain business?

You supply agricultural commodity to processing factory.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by numen(m): 8:58pm On Aug 14, 2022
This is a good business but the insecurity in the north might impede it's adoption. To find trusted Nigerians who reside there who will be transparent in dealing with you is another headache. I really like this biz idea if the figures you mentioned are authentic.
MrSuama:
You can as well make your research.
Last year, we were begging reaper operators to come work for us but they couldn't because of the work load.
A reaper can spend two weeks in a rice farmers village settlement moving from one farm to another.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Curious345: 10:14pm On Aug 14, 2022
senny0001:


Why not try supply chain business?

You supply agricultural commodity to processing factory.
ok.. Give me more details about the product
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 12:42am On Aug 15, 2022
.

1 Like

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Theophinio(m): 1:35am On Aug 15, 2022
MrSuama:
@Curious345, Bros 1million is more than enough to start a lucrative agricultural business.
First and foremost, I would like to congratulate you for thinking in the right direction, because man would continue to eat until judgement day, so farming would never become extinct.

With 1million you can buy any of the following:
1. Tractor for lease
2. Rice reaper/harvester for lease
3. Rice thresher for lease
But because we are nearing harvest season, I would advice you invest in a rice reaper/harvester if you are close to where rice paddy is planted. Reason is that rice is one of the most planted and consumed commodity in Nigeria.

A rice reaper cost about #600 000 naira in Nigeria and I can assure you that when rice harvest begins, inshaAllah you would make an average of about #35000 daily. #35000*30=#1,050,000
#1,050, 000-#600,000= #450 000 profit( if you are giving someone to work for you)
But if you are operating the machine yourself, inshaAllah, you would make nothing less than #50,000 daily.
Do the maths and see what #1000 000 can do.

Excellent Idea Sir

When is harvest season for rice

Is it just once a year

I thought rice can be planted anytime
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 7:27am On Aug 15, 2022
.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by senny0001(m): 11:24am On Aug 15, 2022
Curious345:
ok.. Give me more details about the product

There are processing factory that needs agro commodity.

For instance, fresh cassava can be supplied to starch making factory.
Also,dry maize can also be supplied to feedmill.

This is very easy to do. You only need to understudy someone who is in the business.

Pls, don't give your money to anybody to invest for you!

1 Like

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Theophinio(m): 1:05pm On Aug 15, 2022
MrSuama:


1. Harvest depends mostly on region because of differential rainfall, rain go don fall taya for Lagos before e begin for North. My mum planted her rice very early this year, she says harvest would be next month September. In 2020, I think I harvested my rice in November because I planted very late due to contemplation, but by then almost everyone around me had harvested theirs.

2. It can be once or twice depending on region and availability of water for irrigation. If the farmers are into only rainy season farming, harvest would be once while if the farmers are into irrigation harvest is twice. One during rainy season and one during dry season.

Thanks for this explanation sir

I will venture into this business by God's Grace next year

I will try and target Ebonyi state or Jalingo the capital of Taraba because I think the capital is relatively safe

I will let you know next year to assist me in getting the original rice harvester
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 1:10pm On Aug 15, 2022
Theophinio:


Thanks for this explanation sir

I will venture into this business by God's Grace next year

I will try and target Ebonyi state or Jalingo the capital of Taraba because I think the capital is relatively safe

I will let you know next year to assist me in getting the original rice harvester

No problem sir.
May God see us through.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Theophinio(m): 1:21pm On Aug 15, 2022
senny0001:


There are processing factory that needs agro commodity.

For instance, fresh cassava can be supplied to starch making factory.
Also,dry maize can also be supplied to feedmill.

This is very easy to do. You only need to understudy someone who is in the business.

Pls, don't give your money to anybody to invest for you!

Nice analysis sir

This is a very lucrative business if you understudy a person already in this field

Most times you can't even meet up to the quantity of supplies if you are supplying more than two companies

If you can get your personal truck to make supplies you are making a massive net turnover weekly

1 Like

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by senny0001(m): 1:57pm On Aug 15, 2022
Theophinio:


Nice analysis sir

This is a very lucrative business if you understudy a person already in this field

Most times you can't even meet up to the quantity of supplies if you are supplying more than two companies

If you can get your personal truck to make supplies you are making a massive net turnover weekly

You got it right!
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by numen(m): 3:47pm On Aug 15, 2022
Thanks for your reply. I'll keep this idea in mind.

What's the usual season (months) for rice harvesting over there?

MrSuama:


1.Yeah there is insecurity in the North but not everywhere in the North. Bauchi is relatively calm though.
2.No doubt, finding trusted Nigerians is one hell of a task.
3. The figures are realistic estimates, it could be more but definitely not below.

Last year, someone started cutting our rice but could not finish because the owner of the reaper also wants to use it in his farm. We searched for another reaper to no avail, we had to employ manual labor to finish the work.
I even later met one guy with his reaper at the back of his Hijet pickup, he was on his way to a farm. We exchanged numbers and he promised he would come and work in my mother and Principal's farm but till today the guy no call me.

That incidence opened my eyes big time but I had already spent a huge chunk of my cash on my ice block machine, which prevented me from venturing into it.
There is money in Agriculture big time.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 4:40pm On Aug 15, 2022
.

1 Like

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Curious345: 12:05pm On Aug 16, 2022
Theophinio:


Nice analysis sir

This is a very lucrative business if you understudy a person already in this field

Most times you can't even meet up to the quantity of supplies if you are supplying more than two companies

If you can get your personal truck to make supplies you are making a massive net turnover weekly
LOL.. Your conclusion is absolutely incorrect
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Sevman(m): 6:15am On Aug 17, 2022
What if you could get into a true sustainable business that can weather any economy storm. A business that give you the time freedom and impart you want to have.
Reply to this if you are ready to enjoy like others
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Sarsam: 9:39pm On Aug 17, 2022
Curious345:
Is have this 1m in the bank..

I need an agricultural trade investment plan that grows the money organically .
I don't need any Hollywood advice ,
Just be as practical as possible..

Thank you



Invest in pineapple plantation, it's a lifetime investment

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 10:52pm On Aug 17, 2022
.

1 Like

Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by amadasunfarm(m): 6:28am On Aug 20, 2022
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by numen(m): 1:46pm On Aug 20, 2022
shocked shocked shocked shocked

MrSuama:
@Curious345
@numen
@Thephinio
I just talked with the reaper operator I met last year and he further enlightened me.

He said one can charge a farm #80,000 for a job that can be finished in a day.

And the reaper operator and diesel would not cost more than #10, 000. One is left with a balance of #70,000.

Insha Allah, I am venturing into this business this year. I would keep updating the house.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Elohe001: 1:24am On Aug 21, 2022
Mushroom farming
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by sunnyg12(m): 3:24pm On Aug 21, 2022
Elohe001:
Mushroom farming
Is it profitable?
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by rockys(m): 10:19am On Aug 22, 2022
You can go into pig farming.
Curious345:
Is have this 1m in the bank..

I need an agricultural trade investment plan that grows the money organically .
I don't need any Hollywood advice ,
Just be as practical as possible..

Thank you
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by sulaimon99(m): 10:48am On Aug 22, 2022
Invest in Beekeeping.
It's the best investment with no stress and gives you time to do whatsoever you do outside from farming.

Follow on IG @honeyman_ng
2347054115655
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by jendor123: 8:19pm On Aug 22, 2022
Interested in the tractor you are talking about. Please can you show me example and she'd more light on it


MrSuama:
@Curious345, Bros 1million is more than enough to start a lucrative agricultural business.
First and foremost, I would like to congratulate you for thinking in the right direction, because man would continue to eat until judgement day, so farming would never become extinct.

With 1million you can buy any of the following:
1. Tractor for lease
2. Rice reaper/harvester for lease
3. Rice thresher for lease
But because we are nearing harvest season, I would advice you invest in a rice reaper/harvester if you are close to where rice paddy is planted. Reason is that rice is one of the most planted and consumed commodity in Nigeria.

A rice reaper cost about #600 000 naira in Nigeria and I can assure you that when rice harvest begins, inshaAllah you would make an average of about #35000 daily. #35000*30=#1,050,000
#1,050, 000-#600,000= #450 000 profit( if you are giving someone to work for you)
But if you are operating the machine yourself, inshaAllah, you would make nothing less than #50,000 daily.
Do the maths and see what #1000 000 can do.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 10:54pm On Aug 22, 2022
.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 11:32pm On Aug 22, 2022
.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 11:52pm On Aug 22, 2022
.
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by SavageResponse(m): 12:37am On Aug 23, 2022
MrSuama:
@Curious345, Bros 1million is more than enough to start a lucrative agricultural business.
First and foremost, I would like to congratulate you for thinking in the right direction, because man would continue to eat until judgement day, so farming would never become extinct.

With 1million you can buy any of the following:
1. Tractor for lease
2. Rice reaper/harvester for lease
3. Rice thresher for lease
But because we are nearing harvest season, I would advice you invest in a rice reaper/harvester if you are close to where rice paddy is planted. Reason is that rice is one of the most planted and consumed commodity in Nigeria.

A rice reaper cost about #600 000 naira in Nigeria and I can assure you that when rice harvest begins, inshaAllah you would make an average of about #35000 daily. #35000*30=#1,050,000
#1,050, 000-#600,000= #450 000 profit( if you are giving someone to work for you)
But if you are operating the machine yourself, inshaAllah, you would make nothing less than #50,000 daily.
Do the maths and see what #1000 000 can do.

Na which kind tractor person wan buy with 1 million?

If you don't have at least 5 million don't even bother going to price a decent second hand tractor!
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by SavageResponse(m): 1:32am On Aug 23, 2022
MrSuama:
@Curious345
@numen
@Thephinio
I just talked with the reaper operator I met last year and he further enlightened me.

He said one can charge a farm #80,000 for a job that can be finished in a day.

And the reaper operator and diesel would not cost more than #10, 000. One is left with a balance of #70,000.

Insha Allah, I am venturing into this business this year. I would keep updating the house.

So what you're saying is that if someone invests 1 million in the reaper machine he will recover his entire investment in just about 15 days?! shocked

If this were true everybody in that region would buy the machine and start doing this business after all 1 million is not such a large amount of money.

Only an inexperienced businessman would believe all these incredible figures you're throwing around! angry
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by Derien(f): 1:54am On Aug 23, 2022
Advice
1. Go into palm oil business, buy when cheap and resell when price rise up.

2. Pepper farming ( tomatoes , bell pepper , chilli peppers cultivation

3. With 270k you can become an affiliate marketer of FARFORLIFE (Organic Stem Cells), and enjoy residual income.

Contact me for more information WhatsApp
08052555034

I come in peace
Re: 1m Naira Is Ready . Show Me An Agricultural Investment That Adds Me Value by MrSuama(m): 7:34am On Aug 23, 2022
SavageResponse:


So what you're saying is that if someone invests 1 million in the reaper machine he will recover his entire investment in just about 15 days?! shocked

If this were true everybody in that region would buy the machine and start doing this business after all 1 million is not such a large amount of money.

Only an inexperienced businessman would believe all these incredible figures you're throwing around! angry

I know your likes would come for my neck. But I have not forced anyone to give me his money.
I have also advised people to do the business on their own if they are close to where rice farming is done.

And please don't misquote me to drive your points, amongst the three things I told the Op he can get with a guaranteed return on investment, I advised he goes for the "rice reaper" which would be what would be in need soonest.

If a decent second tractor costs about #5m why are people still buying it, If their is no profit? And why is every northerner not buying or owning a tractor? Reason am.

Mind you a tractor is even more lucrative because no matter what you intend planting, a tractor is needed to cultivate the land.

Since it seems you have a better idea about tractors, if one acquires a tractor at #5million, in how much time would he make back his capital?

Tomatoes, pepper and onions are consumed on a daily basis all over Nigeria and cultivated in the North, it's a commodity with a ready market but why are all northerners not involved in it's farming? Reason am bros.

3 Likes

(1) (2) (3) (4) (5) (Reply)

We Do Plantain Farm Setup, Management And Marketing.*pics* / Pig Feeds And Feeding. / Pkc Available Only In Ibadan

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 154
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.