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'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) - Business (6) - Nairaland

Nairaland ForumNairaland GeneralBusiness'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) (20861 Views)

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Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by boxypane: 8:54am On Jul 07
APC content creator. That's a big lie, aside that, they reap the hell of farmers.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by MrJames007: 9:06am On Jul 07
cheesy
mrkings84:
Tinubu audio corn seller. Shebi na Ellion Mosk dey chop her corn!!
cheesy
Una get bad mouth chai grin
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by invectives(m): 9:21am On Jul 07
Prestar:
She will make less now..as she don drop Update... everyone will key in and flood and overpopulate that field now
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Fekumzi123: 9:30am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
Nice one.
Some people are educated but they refuse to use their brain. That might not be her profit and she might even be wrong, but that doesn't mean such business cannot generate a good money.
Not everyone can do such business but so many women are taking good care of themselves and family with it.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Tareq1105: 9:32am On Jul 07
smallsmall:
And How much Annual Tax have you been paying on that #2.5Million?
Despite the #2.5Million, you still look Wretched.
Despite the #2.5Million, you have not been able to grow your Corn-Seller Business and you are still by the Roadside!
I pray you DONT get runover by a Truck.
Stockholm Syndrome at Play.


This kind of fake stories is what you hear, from poverty-stricken people who are offered Money to indict themselves.
In any sane Society, she will be forced to payback all owed \taxes or even go to Jail.

But ofcourse, this is just GOVT PROPAGANDA ON STEROID, using their Social Media Paid Influencers to spread lies. grin grin
You don't have to be angry with the woman, blame the skit maker. However, we all know that making #2.5m per month is unrealistic.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by chidiokay: 9:48am On Jul 07
eepeepook:
The suya man I patronize will say otherwise.
No be only you get suya man, even the ones on allen suya university can not claim he sell 2.5million in a month

Do you make 2.5m in a month, why you never join your suya man abi vanity is vanity
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Winnin009: 9:49am On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
So you think she sells about 200 pieces of corn a day? Have you ever bought one ear of corn for 500 before? 😅🤣😅🤣

What a clown!
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by grandstar(m): 9:56am On Jul 07
She can easily sell 20 pieces of corn per hour. Lets say she works a 10 hour shift. That is 200 puecea of corn pay day.

Assuming each corn piece is sold for N300, then you have 60k daily in sales.

Multiplied by 24 days and you have 1.44m in revenues per month

These are conservative estimates for Lagos, in a semi-good location.

The 2.5m may not be profit but revenue. Nevertheless, she is still making a good sum as profit
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by ultraviolet27(f): 9:56am On Jul 07
How is that even possible? corn that is even a seasonal crop in Nigeria when it isn't even akara that can be fried all through the year.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by stagger: 10:15am On Jul 07
Is N2.5m profit or is it just revenue?

A standard roasted cob is N300 in Abuja. You need to sell 8,333 of these in 30 days to get N2.5m revenue. That is 277 pieces a day. The only way she makes this is if she has several selling stands manned by others who render returns to her.

She cannot sell 277 pieces on her own as there is a lot of supply.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Adakintroy: 10:32am On Jul 07
geoworldedu:
I believe you on 1m monthly. If you hustle very very hard in businesses that people must patronise, then you will make such amount. But making 2.5 m in Agbado business is a very exaggerated lie.
It will depend on the scale sha. But then again There are question I would have ask her. I don't doubt people until.i question them
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 10:55am On Jul 07
I don’t know if he makes up to 2.5M a month. It’s possible he does so and more on good months. What I know is he built houses in the north from the business and is a landlord. He was also able to use some land for agriculture. All of these from selling suya nightly for three plus decades.

chidiokay:
No be only you get suya man, even the ones on allen suya university can not claim he sell 2.5million in a month

Do you make 2.5m in a month, why you never join your suya man abi vanity is vanity
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by lacasera14(m): 11:07am On Jul 07
Are you sure this woman knows what N2.5m is?
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Love800(m): 11:31am On Jul 07
What food does she sells. Is it snacks?
Menclothing1:
250k I can believe but I shouldn’t doubt people business highest grossing food vendor on glovo

Amoke oge has up to 7 bukas in Lagos. She also delivers on other apps like glovo too, not only Chowdeck.she made 2.3b in one year

I shock when I see her revenue on glovo app
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Patojargz: 11:40am On Jul 07
datola:
Once you start making small money na house abi mansion you go build to announce your arrival so that the business will die in no time.
See how careless u Dey yarn! How can u go Dey make money u won’t live comfortably ok! Is like u follow interview that woman 👩 with the chicken change Ona give her
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Menclothing1: 11:40am On Jul 07
Love800:
What food does she sells. Is it snacks?
Google her she is the number one food vendor in lagos she sell Amala rice etc
She rakes in billions in glovo and chow deck and have branches too

Doesn’t sell snacks at all food only
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by blueAgent(m): 11:40am On Jul 07
PattersonHR:
Read wetin u write again, buying a bag for 45k and selling for 30k. Im confused bro
Watin you expect from APcheat supporters?

Their brain is not designed for logic grin
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Lovit(m): 11:46am On Jul 07
Does the woman in the picture look like someone making a 10k profit daily?

APC e-rats will soon count this one to support Remi Tinubu's mis-yarn
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by chidiokay: 12:12pm On Jul 07
eepeepook:
I don’t know if he makes up to 2.5M a month. It’s possible he does so and more on good months. What I know is he built houses in the north from the business and is a landlord. He was also able to use some land for agriculture. All of these from selling suya nightly for three plus decades.
So all this information you.are posting out are merely what he said or you heard, i thought you were his account officier
Do you know the kind of houses Aboki build in the North, yes he might build a house but is it a standard a you can rent or live in.

how many houses do you have, ...why not open suya business too nd let customers broadcast how you bought mansion and marry plenty wives since sellin akara, kulikuli are now road to millionaire
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Treasure17(m): 12:43pm On Jul 07
eepeepook:
People are making wealth in the real world. Broke people online are making noise. I will always respect the white man for monetizing ignorance. The door automatically became wide open for anyone to become a millionaire off others’ willful idiocy.
How come you are not selling corn as well? Cause I know for a fact you are not earning 2.5M monthly. Y'all are suffering from dead conscience. The clip was made to amplify and glorify Remi statements about Akara . Simple. Stop being ridiculous.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Treasure17(m): 12:49pm On Jul 07
Gbadugbakun:
‎Many of the people calling her a liar may not fully understand how small businesses work.

‎A bag of corn currently costs around ₦45,000 and typically contains 50–60 ears, depending on their size. If she's buying directly from farmers or wholesalers on the outskirts of Lagos, her cost price could be even more competitive.

‎Let's do a simple calculation. If a bag contains 60 ears and each one sells for ₦500, that's ₦30,000 in revenue from the corn alone. She could also generate additional income by selling complementary items like ube and coconut, which usually carry healthy profit margins.

‎In a high-traffic location, offering both boiled and roasted corn alongside ube and coconut could significantly increase sales volume. If, for example, she sells three bags' worth of corn in a day, that's about ₦90,000 in daily revenue from corn sales alone. Over 25 working days (excluding Sundays), that amounts to approximately ₦2.25 million in gross revenue, and that's before factoring in the extra income from ube and coconut.

‎Of course, gross revenue is not the same as profit. Expenses such as purchasing stock, transportation, charcoal or cooking fuel, labour, rent (if applicable), and other operating costs would need to be deducted. However, the main point remains: with the right location, consistent customer traffic, and good business management, it's entirely possible for a corn-selling business to generate up to ₦2 million or more in monthly revenue.
Too much of analysis will leads to paralysis. How does this make sense to you?
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by damoobaba: 12:54pm On Jul 07
haykes:
Show us your house madam
lie lie woman
Women like this used money from their petty businesses to train their children in University. Many of them were even able to build houses from such businesses. My personal neighbour built her house from SELLING PLANTAIN. She buys cheap from the south and sells at Major markets in Lagos. Today, this widow has a house in Lekki and is seeing her children through school.

The problem with Nigeria is with phoolish clowns like you. About 6 million of your type wanted to vote in a dumb man for president in 2023 but God pass una. God loves Nigeria and will not allow someone like obi become President.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Harbideyme: 1:04pm On Jul 07
How much is her capital? Who are her customers?

Anyways, I know the truth already from that cheap gown she puts on. Millionaire corn seller.... 😄. Eku oro aje ma
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by toprealman:
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook:
Proving me right with “broke people do nothing but argue on the internet.” Imagine the many ways you could make yourself useful right now; instead, you chose to poke holes in my examples. Make I jump and pass. I have real life engagements.

chidiokay:
So all this information you.are posting out are merely what he said or you heard, i thought you were his account officier
Do you know the kind of houses Aboki build in the North, yes he might build a house but is it a standard a you can rent or live in.

how many houses do you have, ...why not open suya business too nd let customers broadcast how you bought mansion and marry plenty wives since sellin akara, kulikuli are now road to millionaire
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by eepeepook: 1:38pm On Jul 07
I didn’t watch it and I don’t care to. I’m just mentioning a real life observation.

Treasure17:
How come you are not selling corn as well? Cause I know for a fact you are not earning 2.5M monthly. Y'all are suffering from dead conscience. The clip was made to amplify and glorify Remi statements about Akara . Simple. Stop being ridiculous.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by chidiokay: 2:10pm On Jul 07
eepeepook:
Proving me right with “broke people do nothing but argue on the internet.” Imagine the many ways you could make yourself useful right now, instead you chose to poke holes in my examples. Make I jump and pass. I have real life engagements.
yiu mean the examples you couldnt present as fact, dem say dem say

we dont have aboki selling suya in our areaa abi , if you like fly or somersault whu sending yu errand
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by justmondris: 3:08pm On Jul 07
APC done pay her to lie to us. That is 83k profit per day. Do you sell up to 500,000 worth of corn per day? If corn na 1K that is 500,000 corns. How u one take roast them?

For 500k people to buy one corn per day from you, that means like 10 million people Dey pass where you shade Dey everyday. It’s mathematically impossible.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Breaker001: 3:09pm On Jul 07
CosmicJames:
I think she actually wanted to say N25M, but quickly realize the lie will be too much. So she reduced it to N2.5M instead
N25 million is too small. I think she actually meant to say N25 billion.
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by TheGreat99(m): 3:36pm On Jul 07
😂 does she look like someone who earns up to 300k a month? 😂😅🤣
Re: 'I Make N2.5million Monthly': Corn Seller Sparks Social Media Debate(video) by Ebydeb: 3:39pm On Jul 07
This one got me laughing in swahili.
1 2 3 4 5 6 7 Reply

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