If given 5million Naira to venture into large/medium scale farming, how would you spend this money?




NOTE: Best pitch gets a chance of joining a small team to bring the idea into reality. Please no jam talks, be factual.

I'll use like 1m for fish farming.

Use another 1m to venture into poultry bizz.

Use like 500k for crops products.

Use another 500k star little livestock farming.

All these, if land is available sha.

Then, I'll open a fix deposit account with 2m, simply because, it's not good to put all your eggs in one basket.

I will have a dog farm

illicit:
I will have a dog farm

A dog farm?

Mystic1:
A dog farm?

If u like dog meat, we will sell for u, dead or alive

Mystic1:
If given 5million Naira to venture into large/medium scale farming, how would you spend this money?




NOTE: Best pitch gets a chance of joining a small team to bring the idea into reality. Please no jam talks, be factual.

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.

shariff84:
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.

follow this opinion!

I like your reasoning I like your vibe... But it's easy to say. When it comes to executing these then you will know what it takes, it's better to at least focus in just two out of the ones you stated and expand on them later. By the way, are you just saying or you already know how to do them?

Hezzyluv:
I'll use like 1m for fish farming.

Use another 1m to venture into poultry bizz.

Use like 500k for crops products.

Use another 500k star little livestock farming.

All these, if land is available sha.

Then, I'll open a fix deposit account with 2m, simply because, it's not good to put all your eggs in one basket.

Tell us what dog farm is about

illicit:
I will have a dog farm

waleyp:
Tell us what dog farm is about

similar to what a pig farm or goat farm is

Oh that would be interesting

illicit:


similar to what a pig farm or goat farm is

waleyp:
Oh that would be interesting

yes sure
I love dog meat that's why, and it's a delicacy here

Dogs are always in demand

#5million is a lot of money.

IF I have #5m today, within 5days 1 will have secured 20 Hectares (50 Acres) of land on annual lease. I will plant only Maize (getting late) and Cassava. #3.2million is sufficient to take the crops to harvest.

I will invest #1.5 in Palm oil storage (the easiest), with God's factor I will then wait and watch the money grow like grass within a year.

Hi, There is now a platform created to support and grow agricultural and food related brands. It is called The Chicken Farm. Register today with: https://www.thechickenfarm.com.ng/register/TCU20GOL4
It is a site that connects buyers and sellers of chicken products. Products including: Poultry, Fast Food, Equipment, Feed etc can all be sold and bought on the site as long as they relate to chicken.
It's all free.

Share this information with all your contacts. Thousands of people need this.

shariff84:
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.

Nice.

illicit:
I will have a dog farm

LOL. Yucky.

UyaiIncomparabl:


LOL. Yucky.

Yuck!!

SirMichael1:
Yuck!!

What, small boy? You don't sleep?

UyaiIncomparabl:


What, small boy? You don't sleep?

I just woke up from dreaming about you.

SirMichael1:
I just woke up from dreaming about you.

Tomorrow, you will say I am your sister. Sister kee you there.

shariff84:
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.

This storage of crops thingy. Do you like get a shop for the crops and store them or what? What's their life span regarding the amount of time they may get to spend before selling them out?

UyaiIncomparabl:



This storage of crops thingy. Do you like get a shop for the crops and store them or what? What's their life span regarding the amount of time they may get to spend before selling them out?

in the north we have stores in our village markets,you will only rent one at 50k. Duration of storage is just six month from january-june/July.

shariff84:
in the north we have stores in our village markets,you will only rent one at 50k. Duration of storage is just six month from january-june/July.

But, can one just use a random store then? And which states can one get these crops at their harvests to sell later?

i like this

dasensible1:
#5million is a lot of money.

IF I have #5m today, within 5days 1 will have secured 20 Hectares (50 Acres) of land on annual lease. I will plant only Maize (getting late) and Cassava. #3.2million is sufficient to take the crops to harvest.

I will invest #1.5 in Palm oil storage (the easiest), with God's factor I will then wait and watch the money grow like grass within a year.

UyaiIncomparabl:


But, can one just use a random store then? And which states can one get these crops at their harvests to sell later?

Sweet hat am ready to pay u 300naira cash for u to be my girlfriends for just one month. I will buy u shirt, shoe bag earring & beautiful designer portmamto .. deal??

UyaiIncomparabl:


But, can one just use a random store then? And which states can one get these crops at their harvests to sell later?

Niger state.you can contact me when you are ready via my signature. Thanks

shariff84:
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.

Bro, you just highlighted the good side of the business which is what most people will like to hear. It is also good to let people know the risk in this storage business. If you go into it without experience and proper knowledge you will fail.

BECALMBECALM:
Bro, you just highlighted the good side of the business which is what most people will like to hear. It is also good to let people know the risk in this storage business. If you go into it without experience and proper knowledge you will fail.

Alright. Maybe you can help with the proper knowledge then, don't you think?

dasensible1:
#5million is a lot of money.

IF I have #5m today, within 5days 1 will have secured 20 Hectares (50 Acres) of land on annual lease. I will plant only Maize (getting late) and Cassava. #3.2million is sufficient to take the crops to harvest.

I will invest #1.5 in Palm oil storage (the easiest), with God's factor I will then wait and watch the money grow like grass within a year.

Managing 20hectares no b beans & farm produce rise & fall like stock.

shariff84:
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.

Price of stored items can go up or go down also like garri has been all time low since 2018,even beans until they pick up this at d 2nd half of this year also product get spoilt d to poor storage,not dried enough & attacked by pest.beyond 6months garri,beans,maize, Sorghum will go bad.