₦airaland Forum

justayo:
I WAS AT BOA IBADAN ON MON.THE FOLLOWING ARE MY FINDINGS:
1.U NEED TO OPEN AND OPERATE AN ACCOUNT WITH THEM FOR 3 MONTHS AND THE HOLDER MUST HAVE 20% OF THE LOAN REQUIRED IN HIS/HER ACCT.
2.START OFF LOAN IS 250K WITH 2 GUARANTORS (1 CIVIL SERVANT AND ANY OTHER PERSON)LOAN PAYABLE IN 18 MONTHS WITH 12% INTEREST FOR AGRIC AND 20% FOR BIZ.
3.ACCT OPENING IS 3K WITH 4 PASSPORT PHOTO.
4.ANY LOAN ABOVE 250K IE MAYBE 1 - 100M NEEDS A COLLATERAL WITH C of O.
5.LOAN IS GIVEN TO ON GOING BUSINESS.

Here the period is 6 months, and the branch of BoA administering the account must be the one covering the jurisdiction where your farm operates. Initial loan is 150K. If paid back in time and all goes well, a second loan can be given. The 3 months tenure is for NCGA members or for some other farming cooperative. If you are not registered, you will have to run the account for 6 months. No need for collateral, but you must put down a certain percentage equity as well.

Collateral not needed except loan exceeds N1m. If you use land, it must be one that must be of commercial value (has all land papers and in a prime location). Must have a physically verifiable farm.

Account transactions must mirror loan to be taken. For instance, you cannot be paying in and withdrawing N2,000 or N3,000 and then show up to demand for N1m loan.

ADONRI:
@Lesgupnigeria, Its amazing how you are still adamant on the fact fact that Cassava farming if profitable, regardless of the experience most of us gave here on failing....please I and most of us here would appreciate if you can respond to @Jethro2 list of the things that can help us analyse the market below, in that way we can see how we can arrive at profit....Thanks in anticipation.

Facts and Figures

1. I planted so so amount of cassava on so ao hectares of land.
2. I harvested after so so months and from an hectare i got so so quantity
3. I supplied to so so company at the rate of so so
4. My cost of production is ------------
5. My sales after harvesting is -------------
6. Transport cost for 3 tones from Saki to Lagos is ..........
7. The yield for my variety is .............
8. Cost of loading ................

My friend, instead of wasting time on another person's story, why not take some of your own money and take the risk of developing your own unique strategy for profiting from cassava? Is Saki the only place cassava is planted in this country, or are gari and lafun only eaten in Lagos? Take your own risk and have a story to tell.

A glass can be half full or half empty. Even if he posts everything some people will not be convinced.

My experiences in life has shown me that the majority of people will continue to be naysayers. That is why the 6 owners of Wal-Mart are richer than 42% of American families combined.

The principle of the pyramid must be maintained. Very few on top, very many below. That is because the few people take the paths less travelled by, while those below are not ambitious and never try to do things differently.

Pavore9:
lf anyone truly have the market and at a good price, there are many farmers out there who are willing to supply. Personally l can't just wrap my head around selling it @ N8,000 per tonne when l can sell a tonne of Capsicum at the cheapest for N400K!

My brother carry go. Part of our mentality in Nigeria is that once someone says something is profitable, others will just rush into it without thinking or doing any market research.

If you are into cassava farming, processing is the way to go. It is a no-brainer. People should start to see cassava like crude oil. In raw form, it is not much use.

But should everyone be in cassava farming? NO NO NO! There are so many crops people can go into. Don't be surprised that people will start asking you how to start planting capsicum and they will rush into it. The way people are now rushing into cucumber because Jasper7 has revealed his success story.

jasper7:
serious? 1m dols. is the starch used to divide red sea? na wa o. okay... Like I always say, we are still playing in terms of agric in Nigeria

Ekha Agro glucose syrup factory cost exceeded 10 million Euros. For GEJ to attend the commissioning, you should know the level of finance that went into that plant.

musiwa94:
[size=18pt]maximum speed limit should be 80 km/hr, since it is inside a city.

trailers and cars can not be on the same lane.
[/size]

Sometimes I do 100km/hr on that road, and then I see a car loaded with passengers (probably on the way to Bwari or Zuba enroute Kaduna) zoom past me like a rocket, which shows that they are probably doing 140km/hr. I think the speed limiters to be enforced as from June 1st will do a lot of good.

naijaspeak:
[size=18pt]Dear Mr Hanks, Rather than coming to debunk the rumour making the news about your hiv status. I think a competent medical teams should examine you including your wife and then come out with a valid reports so that you and your wife will not pose a death threat to the public.

But how did all this your sexual excapade in Southern African became front page news.

[/size]

The person in question is a Zambian and not Hank Anuku. Lies everywhere.

In terms of quality of product, I still think it is a question of expertise. Frying gari is like cooking food: you have to know when the food is done or else you will burn the product. Some gari plants have both the automated fryers and the manual frying pans. You still need capable hands to do either one. You can't take a graduate with a white collar job and tell him to start frying gari, and expect him to do it as well as someone who has done the job all their lives.

Moreover at an initial cost of close to N6m, I do not know how many individual farmers can afford to setup a gari producing plant, and the Bank of Agriculture has funding limits too. Best bet is cooperative ownership, or the BoI's Capfund. But I have looked at the requirements the BoI set out for obtaining the CAPFund. The conditions are impossible.

Let us even deviate from cassava.

Recently I felt like drinking gari with these large brown crayfish (or is it prawns) known as "oporo". I used to charter them from creek road in Borikiri area of PH. But I hardly get them in Abuja. So I decided to check some markets and found them in properly packaged cellophane bags, selling for N500. Very expensive for the quantity. So I engaged the woman selling them and she told me she gets them from Karmu market from a certain Igbo man who buys them from creek road in PH, transports them all the way to Abuja, repackages them and sells to market women who rush the product.

I understand the man has a near-complete monopoly. He simply carved out a niche market for himself and is making his money. Food for thought.

Now gari can be sold to several sources.

The Nigerian Prisons service has contractors who supply to all the prisons in Nigeria. These contractors are awarded on a prison to prison basis. They have to buy from somewhere. I have personally been to the NPS headquarters in Abuja on this account and have some info on how the process works.

Hotels have to buy on a daily basis. Boarding schools, police training colleges, NYSC all procure gari. Some states like Bayelsa are known only for hotel business. In the Niger Delta, gari, fufu and starch are the staple foods. In Odukpani LGA of Cross River state, there is a fufu production zone.

The national strategic food reserve also stock piles lots of gari. Many may not know it, but we are actively supplying close to half of the gari and other food eaten in Niger republic under this program. The government contracts this out and the contractors have to buy in large quantities.

Gari is not the only product that can be derived from cassava.

My point is, the individual has to put in some work to identify and carve a niche which will separate him or her from the rest of the population.

jasper7:
My first question goes to oga stagger, please it's not compulsory you attend to my questions, but I feel it will be useful to those of us trying to learn. Just to clarify the air.

You spoke about the 4 available markets rural, urban, assembly, and destination. and I am believing that the products follows this delivery chain, once it leaves the farmgate.

You also made some interesting points on empowering farmers around you. so that they can give you identical high value products, incase you want to process yourself, or supply to a big firm that maybe had minimum supply quantity.

And it's therefore a no-brainer, that each step a farmer can cut in the supply chain will increase his/her own income.

But there's a big challenge I'll want you to treat.

TRANSPORT.

I think the major reasons farmers prefer to sell at farmgate is the many challenges and cost that come with transport. Cassava is currently quite expensive and scarce in Imo but I don't see trailers bringing cassava in. I dunno, I always felt it is because the value of one trailer of cassava might not be up to the cost incurred in transport. I dunno shaa just saying. please shed more light.

2. you spoke about the northern market in one of your post being the center for cassava product export. is there a reason why they don't plant cassava ao much in the north?

That's all for now sir.

Gari is not a staple of the northern tribes in Nigeria, so the cultivation of sorghum, millet, rice, soyabeans, ridi (beniseed) is more popular than planting of cassava. However, migration patterns of southern people into the North as well as the export demand from neighbouring countries puts some demand on gari. So rather than cultivate it, a lot of it is brought from the south.

To answer the 1st question, the state of the roads in the SE is appalling. I am sure you are a living witness. Bad roads add to the cost of transporting any product to the market. This is why the cost benefit of procuring cassava for processing beyond 30km reduces dramatically. In contrast, the roads to the North and within the north are far better and require less maintenance because of the climate and soil.

Perhaps, if the rail network is fully complete, transport will not be so much of an issue as it is now.

Between Napalm and White phosphorus, I prefer the latter. Let their last moments be felt the way they will feel forever in hell fire.

As far as cassava is concerned, remember that for each state, there are:

a) rural markets--->
b) urban markets---->
c) assembly markets----->
d) destination markets

These exist for gari, cassava flour and HQCF. You can enter into any of these market areas. Once you identify the markets for your location, you have cracked the code. Better still, if you can use the heat map and break away from the already choked up states of Oyo, Ogun and Edo states, you have created space for yourself in the market.

So what is the way forward?

a) Get the heat map of produce density for the cassava derivative you are interested in. This will immediately tell you where there is less competition and which areas are underserved.

b) Start your own source farms. This will take at least one year to produce feedstock for you. A study has identified that having your own farm to supply you 80% to 90% of your own feedstock drops the cost per tonne of cassava to N4,000. Great savings for a processor.

c) You must within the one year you are developing your feedstock, start thinking of setting up your own processing plant. It is better to own 10% of something than 100% of nothing (Pat Utomi). 10 like-minded persons can pull funds together and make this happen. I think Legsupnigeria already has a post along this line.

d) Get improved seedlings from IITA and introduce them to farmers within a 30km radius around you. This will ensure that if you have to purchase from them to supplement your feedstock (no plant is really ever self-sufficient in this regard), you can be sure what the farmers are selling to you is quality improved varieties. Very important if you are producing cassava flour.

e) By this time, you should have identified the markets where you can offload your processed product. I find it staggering (forget the pun) that in a country of 170 million people where everyone eats swallow, people will actually say there is no money in cassava. Maybe cassava farming, but definitely not in selling the processed products.

If as a business person in agriculture, you are not ready to travel round the country to break new ground, then you are better off going to work in the ministry or post office carrying files. Dangote is now in 14 African countries. He is breaking ground, traveling, leaving his comfort zones.

Why then will a serious farmer who is having issues with sales because of competition or congestion not be prepared to travel to another part of the country to make a living? I know a Yoruba man who left his family in the SW and is presently in my state farming and processing. His kids are in good schools. He left the SW because he was not making money as a result of congestion. So he created space for himself and is now in a better place.

If you want different results, change the old way of doing things and do things differently.

mercylicious:
@stagger, where can one get similar map for each agric produce density?

am checking google right away, bt do let us know other sources.

The book that contains the maps is not even in print anymore. I am working to get another copy through one of the authors. If I succeed, I will tell you how to get it.

However, the export market is an elite market. If you cannot speak Hausa or you have no Hausa-speaking partner to break into this market for you, sorry!

So what is the point I am making here?

Don't just blunder into a business without getting access to market research. Companies spend a lot of money on market research because that is what separates the profitable ones from the losers.

Cassava is profitable. You just have to know where the profits really are.

Now if I have plenty of money to start a cassava farm that would serve as my feedstock, I can also get land in those areas which from the gari density heat map, have a very small concentration of gari. Those states almost always get their gari from other states. If you can site your gari factory in those states, acquire or lease land, farm your cassava to serve as your feedstock, and push it into the markets, you will make some good money.

Now a VERY BIG gari export market exists in the form of the Dawanau market in Kano. Almost all the gari sold there is brought in from the southern part of this country and sold to buyers from as far as Burkina Faso. Some of the big time traders here who have warehouses in this market buy from the farmers in the SW at cheap prices, transport the gari to this market and sell at export price premium to the export buyers from Niger, Chad, Cameroun, Sierra Leone, Burkina Faso, etc.

You can see where we have most concentration of gari processing units at smallholder level. You therefore cannot expect to make so much money from gari processing in Oyo state or Ogun state, like you would make in the FCT. More supply, less price. Less supply, higher price.

Some farmers in the SW here had confirmed that a 50kg bag of gari is N3,500. Here in the FCT rural markets, it is N6,000.

The cost of cultivating cassava is not much different in the SW and North central. So as a businessman, would I sight my gari factory in the South West? I would not.

The 3 highest cassava producing states in Nigeria are Kogi, Benue and Cross River. If I wanted to sight a gari factory, I would sight it in Kogi state where I am sure I will get plenty of cassava at a good price, process it and transport it to Abuja on the recently dualized Lokoja-Abuja expressway to sell in the FCT markets.

See the attached diagram to show the supply of gari into Abuja.

sheyi86:
Do u remember dat undagraduate dat asked 4 advice on which crop 2 cultivate while on campus? Dat u qouted jethro abt cassava stuff.in ur proof there u make mention of a processor u partner wit which after supplying ur cassava 2 him his machine got fault and u waited 4 sm month b4 he could pay u. Sir, do u think it is profitable 4 farmer after waiting 4 a yr plus and then wait some months b4 he could get his reward 4 his labour? Pls lets be realistic all d buyer u mention wia re they? Are they in heaven? How many farmers can access dis pple, cassava production is nt d issue bt d market.we all knw dat cocoa farmers are smilling all d time because there is always market 4 dis produce regardless of d location.Wot nw happen 2 cassava farmers in nigeria, how many of dis farmer can even sponsor their children thru cassava? If good market 4 cassava really exist it shouldnt be hidden.so, dat is reason y i said wot u say abt cassava is nt true and wot u stated as a proof 4 jethro does nt convince me at all.thanks. Bt i wish 2 learn smthns abt WM frm u.

In your own state, how many foodstuff markets are there? Do you know all of them?

I do not live in the South West. But let me help you by giving you some information which will help you.

For gari, the market flow in Nigeria is like this:

Smallholder units in villages---->rural markets--->urban markets----assembly markets----->destination markets in other states.


You can get in at any of these points. Take a look at the attached map.

jasper7:
did you go today sir? what are the outcome. Following

Sorry could not make it there yesterday as I was heavily engaged with some clients till night. But will be there for sure tomorrow.

MadCow1:
What Bacteria?

You don start o!

What bacteria do you speak of?

Hippos are herbivores that don't eat meat so what bacteria do they have in their mouth and for what purpose?

Stop watching channel o, MTV base and those stations that fill your mind with filth and watch Nat Geo Wild or Nat Geo for once to gain some knowledge.

Not a vet but shouldn't the first logical thing to have done been to have isolated and kill the sick birds? Can't believe some were advocating you sell the dead ones to people to eat. Then some are making a mockery if this situation. Why?

Many Nigerians have minds from the direct pit of hell fire.

sedulus:
thank u very much sir .....what happen is we need to see the to check on the topography first....which will make and enable us to compose q reasnable possible quotation that will cover one acre og lanf as demanded sir...or call us 08120757274 for more details

I will take a picture and send to you.

ubiquitousade:
and shake it occasionally to check if content is there.

No, look at the pressure gauge. All fire extinguishers carry it. Check to make sure it is charged and not discharged.

Krest3d:
Hey, what's MOT certificate? Hearing it for the first time.

Better know it o. It is to be introduced into Nigeria from this year for all vehicles. Now you must have a road worthiness test done at the VIO computerized testing centres, then get an MOT certificate before you can renew your car papers.

lonelydora:
Police CMR popularly called Police Clearance is not given in all states.

CMR means Central Motor Registry. This is supposed to be a national database of cars and their owners, so I do not understand how you can say that it is not issued in all states. All cars in Nigeria are supposed to carry this, and it is supposed to be issued to a driver after investigations have shown you did not purchase a hot or stolen vehicle.

sheyi86:
i appreciate wot jethro has stated so far which is d truth of d matter. Wot legsup stated in 1 guy thread abt cassava isnt true likewise stagger, do u kno hw many processing units we av in SW alone hwever 2 even process cassava into product is it even easy? I and my collegues processed cassava int 4 products as our project i.e flour garri fufu and starch and we sold them by ourself we only made profit frm fufu wen i calculated d amount we spent on gari processing i discovered dat we made loss.jethro is a practical farmer.And how many cassava farmer has made it frm even cassava processing. Jethro ride on joor i dey follow reality.

Let those who are in the darkness and decide to stay in the darkness remain in their darkness. Those who decide to make changes and transit from darkness to light do so. As for me, I have no part in those who decide to remain in the dark. I have done business long enough to know that the difference between profit and loss is small changes made to a process. But those who are impervious to change will continue to languish in their darkness.

I suggest you take a trip to Joe Begg Bajju cassava processing plant in Nasarawa state and have the cobwebs cleared from your head. The man supplies his cassava flour as far as Dunamis church. A little professional input from the CFC, Netherlands was all that was needed to turn the story of that place around.

It is up to you to embrace light or continue in darkness.

zaralady:
hello nairaland,

Happy valentine in arrears. We re still in the era of love, and there is this question that has me really confused and befuddled.

As a result of my post of facebook on motivation, gospel, and life, I'm seen as a mentor to many friends and followers, and some come to me for advice which by God's grace I give.

Lately, a facebook friend sent a message and it reads:

"Miss......I see your good works and words of wisdom and consolation to many confused and distracted people out there. May God continue to uphold and empower you. Please this question have been bothering me because I'm getting married in 2 months time and my fiance and I have been arguing about oral and anal sex. He said he sees nothing wrong with it and would like to do them when we get married.

I see it as a sin and a diabolic act in the sight of God. This argument is making me think he is not the will of God for me. What do you think about oral and anal sex in Christian marriages? Can christians indulge in them or not??"

So nairalanders please I'll really appreciate your brilliant contributions, I know we have matured and wise people on nairaland, so please let them come out.

Thanx...

How can a right thinking man want to put his penis in his wife's anus? Is he bisexual? Maybe he watches too much indecency.

Gross. Better tell that woman to run for her dear life. Where do people pick up such perversions from?

luggy:
u dont know what your saying, chanel is APC, OWN CHANEL, THAT IS WHY THERE ARE THEIR, GEJ tilly 2019

Why you dey talk like illiterate? They are there because APC paid for the airtime. It costs nothing less than N5m to get a TV station to cover such occasions. That is how they make their money. Are Channels reporters govt workers?

No helmet, no flak jacket.

Charles, you are not working in CNN o! Remember your colleague who died in a Boko Haram attack.

Hardeyholla:
Thanks guys.
@Stagger, crops such as what? I am sorry I I am asking too much. Will be planting cassava on another hectares.

Pavore has listed some. All over the agric thread, there are loads of examples of what you can plant. Personally, I am doing maize on soe of my lands which have been lying fallow in Nasarawa state. I actually want to test some things with maize this year.

You know yourself, how much money you have and what crops are in demand in your area. So do your own research and make your own decisions. You have enough info here to do so.

sedulus:
For advice and implementation of irrigation infrastructure we offer incomparable service. Why? Because we know water and respect it as your most precious liquid asset.

I will like to know what drip irrigation systems you have to cover 1 hectare of land which I intend to use for late season maize farming and vegetables. Cost as well. Thanks

Pavore9:
l will suggest you start with one hectare and experiment with vegetables like cucumber, cabbage, capsicum, lettuce etc growing them in sections as they have way shorter maturity time than cassava and higher market value.

Great advice. There is what is called time value for money. Why keep money tied up for 12 months with an unsteady market when you can actually plant crops which are in greater demand and have much shorter maturity time?