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Re: Investors Corner: Commercial Farming Ideas by chigomiced: 1:24am On Jul 18, 2019 |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 4:37am On Jul 18, 2019 |
FMCASH:How much is retail market per kg in South West? |
Re: Investors Corner: Commercial Farming Ideas by lahify(m): 7:03am On Jul 18, 2019 |
EMMAACHILE:at ibadan, market women buy them by their looks, the comb must be fully developed before they buy at 2500, processors buy between 525 to 550 per liveweight while frozen food stores and cold rooms buy processed chicken at 800 to 900 per kg |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 7:11am On Jul 18, 2019 |
Opportunities for Nigerians in Diaspora Who can Afford to Spend 90 Days in Nigeria Annually lahify: It is very funny that the default thought of everyone not in poultry is that: poultry is egg production. Lol. One strategy of mine which works everytime is: Generating income from multiple turn over of 30 - 90 days cycles ventures. But I know it is always fast paced businesses which need ones attention. I have friends living in diaspora who I introduced fast paced ventures to, and are really enjoying it. All they do is come to live in Nigeria annually for 3 months. From airport to farm. lol. And just like that, they return with what their mates spend 12 months to gather hustling abroad. I just let them know that they must not leave anything with farm managers if they don't want trouble. So, I personally trained all these guys. It is not always about cultivating economic trees like how they always say . Corn will yield more profit than Oil Pal, Cocoa, Rubber, etc if well maintained. But it beats my imagination why new comers think only long term crops or animals give more profit. Corn, tomatoes, and potato are rated more than any cash crop produced in Nigeria. We can debate this if anyone doubts me. So, why the big deal about "if not cash crop, it is not a good business"? Note: I am not saying cash crops are inferior to corn and vegetables, or layers is inferior to broiler, my point is that new comers should research these businesses very well, and choose the options which suit them more. I will not be surprised if another user comes online and promotes layers more than broiler. lol. 1 Like |
Re: Investors Corner: Commercial Farming Ideas by excanny: 7:31am On Jul 18, 2019 |
chigomiced: I'm not Muslim and I don't get the rationale in avoiding pork for religious reasons. But for health reasons, I understand. If a product is made from pig products, as long as I don't get worm infestation from them, I'm fine. But you haven't still answered my original question. How many Nigerian eat pork? |
Re: Investors Corner: Commercial Farming Ideas by FMCASH(m): 8:15am On Jul 18, 2019 |
chigomiced: With time we will no who is lazy between me and you. For you claiming 50% in any agriculture shows vividly that you're and Internet farmer. For your information I'm versatile, I've various client I consult for on fish farming, piggery, poultry and nutrition. Took me years to reach this level. I'm not tata in this game. So mind your statement. That's one of the reason people keep trade secret to themself. 1 Like 1 Share |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 8:30am On Jul 18, 2019 |
excanny: Oga this you question Even federal bureau of statistics no fit answer am Thing is pig meat is consumed more in the the South than in the north Drops pen |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 8:44am On Jul 18, 2019 |
FMCASH: Story for the gods Consultant my foot Take ur silly ass off my mentions You cannot just come online to be debunking people up and down without any data to back up ur claims I 1 Like |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 10:14am On Jul 18, 2019 |
EMMAACHILE: Good question |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 10:15am On Jul 18, 2019 |
FMCASH: Last time I checked No body was asking for ur trade secret |
Re: Investors Corner: Commercial Farming Ideas by Juliana7: 1:53pm On Jul 18, 2019 |
chigomiced:bros! Pls lets take things easy biko. We don't need to cast aspersion on one another to prove a point. There is always something to learn from one another, wisdom/knowledge doesn't reside with one man in any field in life that is why we have thread/platform like this to learn from one another. The best thing that can happen platform as this is when constructively pooh-pooh people's opinion/fact by producing a superiot opinion/fact. Pls lets learn to respect each other. I have known FMCASH some years back from a piggery whatsapp group and some other groups, the guy is good. Pls anytime we want to puncture ppl's opinion lets do it love to benifit all. Thanks 2 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 2:13pm On Jul 18, 2019 |
Juliana7: You and your fmcash should go to hell for all I care |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 2:52pm On Jul 18, 2019 |
lahify: 70%. Of the poultry meat and eggs raised in oyo/ogun and the likes find thier way down to Lagos State where a kg of chicken goes for 1400-1800 |
Re: Investors Corner: Commercial Farming Ideas by chigomiced: 2:58pm On Jul 18, 2019 |
excanny: You can as well get worms from poultry and cow meat too if you don't cook your meat properly Commercial pig farms have vaccination schedules |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 6:34pm On Jul 18, 2019 |
Rice Nigerians eat too much rice. Lol. I wonder why rice doesn't grow on Nigerians' head. Hehehehehe. It is true, Nigeria is not yet producing enough rice for local consumption. Rice farming is huge business. No irrigation, No Rice Just find a very good way to get water into the roots of your rice plants. That's the secret. I do not know why people depend on only rain. To me, it is a stu.pid idea to depend on rain. Make sure you add the cost of Irrigation to your set up cost. Or any means of getting water. Just do it. Prepare to tackle Birds Whether you prefer to use juju, voodoo, pay children who will shoot stones, or technology, make sure your adopted method is efficient. I strongly advise farmers to look into installing nets. One assured hectare is better than 100 gambled hectares You think you are a wise farmer by cultivating on large hectares. Hmmm! "Instead of wasting money on irrigation and nets, I will rather use it to cultivate more areas of land". Don't worry, your 100 ha might be free food for those creatures in the sky. Ofada rice is a nice business. Just make sure you use planters to sow seeds so you get good population. Rice cultivation is a very nice business if done very well. 1 Like |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 1:18am On Jul 22, 2019 |
Pistotita: I think cassava processing factory will be really profitable if situated in the rainforest zone. Places like delta and Edo state produce vast amounts of cassava. Putting a cassava plant in Lekki because it is a free trade zone is a joke. Cassava is bulky and transportation will be a problem for any plant situated far away from the source of cassava. |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 1:58am On Jul 22, 2019 |
ogb5: You still do not understand the logic behind what I passed out here. Lekki is close to Epe who are ijebus. Who produces garri ijebu? Are they not the ijebus? Also, are there more showers of rain in Edo and Delta than South West? So, is Epe not rainforest zone? Cassava is the main business there too. The challenge is power. Is there power in the Edo and Delta you recommended? To cultivate cassava is not the isdue. It can be done anywhere. But to process it is what we are trying to say is hard. And the reason is lack of power. If logistics can be assured, it's more profitable to have a large farm close by and situate the factory in the free trade zone where power is assured. That one is not assured too. But it is better to think in that direction than invest heavily in a factory in the bush. Another option is to run the equipment on diesel in the farm. But is it profitable? Any farm situated anywhere can be profitable with manual or less auto equipment for making garri and fufu as long as the owner can monitor workers. Is it someone in diaspora that will sit down with them in the farm? 2 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 3:05am On Jul 22, 2019 |
Pistotita: If you take a look at the rainfall distribution map for Nigeria you will discover that Edo and delta state have higher rainfall than Ogun state. Cassava yield in Edo and delta state per hectare is higher than what you can achieve in the south west for the same effort and input. I have farms in delta state, Edo state and Oyo state, I know what I am saying. Nigeria does not have adequate electricity and the way it is going the situation will remain like this for the foreseeable future. Any one who wants to go into production must factor his own power generation into his plans. Waiting for public power supply is a mirage. In your case, you should have move your cassava processing factory to delta or Edo state and situated it where you can get natural gas supply. You can generate your electricity using natural gas, instead of allowing the business idea to die. I am currently setting up a cassava starch processing factory in Delta state. It will be powered by diesel and wood gas. The wood gas should reduce my diesel cost by over 60 %. 5 Likes |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 9:22am On Jul 22, 2019 |
ogb5:It is an advantage when it is true, but not true in all cases. Lagos, Ondo, Ekiti, Osun, Ogun, and Oyo are South West states. And Oyo is very large with different rainfall patterns. I know Delta and Edo very well too. Even down to Calabar, and up in the north. I have worked everywhere. I choose cassava stem cultivars based on my final product (garri, fufu, starch, or flour) and according to the rain pattern of the location of the farm. There are sections I might deliberately decide to irrigate too during dry season, and so that means, I may want sone areas near a big river. Nevertheless, I agree with you that the areas with higher rainfall are at advantage, but that's not the end of the story. Firstly, natural gas energy generation was not that common practice at the time. We are still saying same thing. Yeah! We considered it, but our prediction was accurate. Looking back, I am glad I did not proceed. I think you really need to know what Free Trade Zones are about. Why do you think having shops, stands, restaurants, bureau de change, etc inside airports are like jackpots? Most are free trade zones. You need to check it out. In the long run, it makes sense to have any business there. Secondly, there is going to be sea port, airport, and many industries in the area very soon. Businesses there are secured. Thirdly, every zone generates it's power. It is 24/7 power there. You misunderstood it again. They are well managed business areas that expats always want to check out first everywhere in the world. Electricity are generated specially for the zones. It is not waiting for public distribution of power like you wrote in your post. Fourthly, it's free trade because tax is free for life, and that's easy exportation. Don't you get it? Well, most farmers do not pay taxes, but you are going to start producing starch, you should pay; else, your enemies will wait for you at the time you are about to make another major breakthrough. lol. Do you understand the huge burden of cutting off tax? No rigorous business registration with C.A.C is another vital advantage. Businesses are just very smooth to run in the zones. I can go on and on. It's not just feasible for industries to make generation of electricity via gas as the first alternative. Nigeria is just a careless nation. The cleanest, best, and cheapest energy generation method is nuclear. I will write about it soon. Not sure of the capacity or how modern your equipment will be, but it is rare to run on wood to power standard factories. And most banks will find it hard to borrow anyone trying to use wood. World Bank that we were trying to work with at the time definitely would throw our proposal inside trash can. Wood energy is not good for the environment as professionals claim. They say it's bad for ecosystem and it a major cause of deforestation which leads to extinction of animals spices in the jungle. However,if there is a solid plan to re plant as one is cutting down, it can be accepted. And if the system will not pollute air, it can be accepted. For you, no one will question you because you are funding it yourself, or using connection to make local banks overlook it. lol. That's from my experience. Where is the law enforcement agency in Nigeria? Hehehe! Not saying wood option should be discarded, but I would try to see how to address the points I mentioned in this post if I was to use wood. Diesel is not cheap, gas is not cheap too. Not to talk of the high cost of initial set up. Factories that ran from Lagos to Accra some years back had the option of generating power, but they all knew they were really running at super high cost. Therefore, I have not said one cannot do it, but my advice is that potential owners should count the costs very well, and they should try to accurately predict the future condition of the set up before embarking on it. Lekki Free Trade Zone even makes more sense than all other zone because of Dangote oil refinery in the area. Lagos is the capital base of the Nigerian economy. Not saying Edo and Delta are wrong places, I can establish it there too. Finally, I backed out of the business because other shareholders (actually they gat the link of the loans we wanted to use) were only interested in the incentives for their own selfish interests, while they wanted to put the burden of running it on just two of us. They will continue taking the benefits and sharing it among themselves, while the CEO who was suppose to be me and the other guy will be running the business on huge debt which would have been created before operation started. My partner and I saw the ma.dness because we were diligent in our investigation, and we ran away from that crazy trap. 6 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 4:39am On Jul 23, 2019 |
Pistotita: We learn everyday. I want you to learn something this year. Visit a cassava farm in Delta or Edo state during harvest. Compare the yield per stand to what you see in the south west. Ensure you visit the farm in the rainforest belt of the state, not farms in the fresh water swamp forest belt. Energy from wood is classified as renewable energy. So western donors can not discriminate against it. Sweden generates over 20% of its electricity from wood biomass. In Nigeria you can power your electricity biomass generator without cutting down any tree. There are enough waste biomass around to use. There are heaps of sawdust in the south, heaps of palm kernel shells in the east, tree tops and branches are left to rot in the forest by logging people when the go to collect timber. Million of tons of plant debris that are cleared and burnt annually during land preparation for farming can turn into wood chips and used to power biomass generators. Infact you can get biomass supplied to your factory for less than 30 USD per ton My point is that there are other energy sources that can be looked at to power ones plant if you have the money to set it up, so using lack of power to justify not setting up a plant is not really a nice idea. There are several industrial estates with natural gas supply, the Agbara industrial estate for example is connected to the gas grid. If you have a gas power generator then you can produce your own electricity from gas at the industrial estate. You can even get charcoal at less than 50,000 naira per ton. Brazil still uses charcoal to power its steel plants, why can't we use charcoal to power our agricultural processing plants right in the bush. If all this is difficult, then hook up your company to the 66kv or 132kv power lines if you have the money. Those lines pass through the bush and are reliable. But walking away from setting up a factory if the proponents of the factory are just after incentives is a good idea. A factory should only be set up if the feasibility study show that it is viable. 5 Likes 2 Shares |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 4:54am On Jul 23, 2019 |
ogb5:How do you connect to a 132kv line? It's not possible. You will need a substation to do that. |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 4:59am On Jul 23, 2019 |
EMMAACHILE: You look for a substation and connect at the substation. So you situate your plant close to the substation or you build a substation if you have the money. Those who have taken this route have much more reliable power from the grid. 1 Like |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 5:04am On Jul 23, 2019 |
ogb5:That will be very expensive. At 33kv or 11kv, one can connect directly. Agriculture is expensive if you want it done well. |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 6:03am On Jul 23, 2019 |
EMMAACHILE: The point I was trying to make is that you can get reliable power in Nigeria if you have the money and the knowledge of what to do. If you connect to the 33kv line or the 11kv line then you are exposed to load shedding at the substation. Since the generated power is not enough load shedding is done at the substation by turning off the 33kv and 11kv lines. Being connected to the 66kv line isolates you from the major load shedding scenarios. But being exempted from load shedding can be done by agreement with the power distribution companies. When you say it will be expensive, what is really the difference in cost between a 500 kva 33kv transformer and a 500 kva 66kv transformer? Also note that electricity tariff drops the higher the voltage that you are connected to. 3 Likes |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 7:03am On Jul 23, 2019 |
ogb5:Is there a provision to connect to a 66kv line in Nigeria? Alternatively, there are parts of cities with almost 24 hours electricity like Abuja, Lokoja and Makurdi. Plants can be sited there too if the raw materials are plenty. 1 Like |
Re: Investors Corner: Commercial Farming Ideas by ogb5(m): 8:39am On Jul 23, 2019 |
EMMAACHILE: There are provisions to connect to 66kv lines. I have seen two facilities connected to the 66kv line in delta state and one residential estate in Lekki connected to the 66kv line. The fact that you get lower tariff when connected to the 66kv line compared to the 33kv or 11kv lines means that you are actually being encouraged to connect to the 66kv line. However it is not cheap to connect to those lines, the power has to be switched off when you want to connect and you will have to pay for the lost revenue for that period. But if you are planning a big company then the cost can easily be offset during your operation. The steel plant at Aladja for example is connected to the 132 kV line. 2 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 8:59am On Jul 23, 2019 |
EMMAACHILE:The questions about substations are: 1. Are the legal ways of tapping into such opportunities straight forward, and easy? Not to go through back doors, and then after spending millions of naira, one is cut off the lines. 2. The areas of land sorrounding where such opportunities are, is there no tendency that Government might decide to use them later in the future? Or has government not already acquired the sorrounding area? 3. Will government not ask farms and industries to move away from the locations in the future if all is done legally? These areas are government owned locations. I run away from such, or I have temporary plans for such places. Are temporary plans my goals for opening big factories? 4. Obviously, if the farm is not near the area too, cassava production is not possible. Vegetable oil might should be checked well too because it can be too expensive to move huge fruits bunches. Again, is the location near my point of sales? How convinient is logistics? What is the present cost? And what will be the future cost? Perhaps, future government policies can make new entrants create their factories at strategic locations which will push mine out of operation easily. When is the future? Can I easily predict it? The uncertainties are endless. I remember an unverified story about Bishop Benson Idahosa who had a project in a region in FTC during the Abacha era. The narrator said the whole area was government owned because power lines or maybe road had been planned there. But many people just built houses and created businesses there unknowingly. When the destruction of properties almost reached Idahosa's, he marched to Aso Rock, and Abacha gave the order to divert the movement of the project so that it will not affect Idahosa's property, and many near him benefited from his connection. Obviously, that was additional cost on the part of tax payers. Lol. Is it fair on the people whose properties had been destroyed, and were even destroyed after the order from Abacha? This is an unverified story anyway, but there are cases like this. We are all these things. I know what I am saying. I know most of these tips about free access or back door, or even so called legal ways to constant power, but one must be extra careful, esp in a country where laws are changed anyhow. If a whole minister of finance can fall into NYSC exemption fraud, who are ordinary Nigerians? Yet in the same country, a court said recently that certain level of education is ok for presidency just to favor a particular group, and even the battle of eradication of NYSC is on because most of their children don't participate any longer. This is Nigeria! The fear about situating factories in areas where electricity is temporarily with constant supply is that nothing is guaranteed. We have experienced such previously. We are talking about a long term investment. I cannot take such risk. Again, I reapeat: The uncertainties are just too many. I hope you get my points. No matter how we see it, power is still a big challenge. I am not saying that one cannot find a way around it, infact, the few who find solutions to challenges faced by many always make huge wealth. The process is called opportunity. For the economy of a nation to move forward, for factories to produce effectively, it is not a wise decision individuals should start generating power. It's just counter productive. It is why I left the option opened for investors to find ways to navigate around. But generally speaking, it is not advisable. And it's the reason Nigeria is still facing serious challenges economically. Finally, I agree with you that the cost of generating ones power is expensive. And it's more expensive to go through back door and later have one cut off from such temporary access to power. 3 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 9:46am On Jul 23, 2019 |
ogb5: I want to appreciate your participation in this discussion. I truly appreciate it. Please, just try to understand that I am trying to balance everything. I am very appreciative of your input. And I have learned new things from you. The truth is that I never really paid much attention to the fact that Delta and Edo have higher rain in these recent years. I know that SW's rainfall is depreciating, but the issue is that these scientists always have solutions to most challenges. And perhaps they should just leave some challenges for nature to correct. Lol. They end up messing things up at times. Concerning yield lower in lesser rainfall area, there are solutions that you will also be shocked. Yes, I agree with you that general speaking it's at advantage to situate such farms in heavy rainfall region, and I mentioned it earlier that you ate right. Again, I am saying it that I agree with you. You are right. But I said, the story does not end there. However when planning busineses, there are other factors which definitely come into influencing the location of factories and farms. Hope you get my point. Regarding wood as renewable energy, you are very right too. But my point again was that World Bank frowns against it in Africa. Lol. I am well aware that not only Sweden generates power from wood, even Russia and the United States do. But the issue is that: what is the % of carbon monoxide released to the atmosphere? Unknowingly, these are factors affecting us. Let's take for instance importation of over 5 years old cars to Nigeria which to me is crazy. If we understand the impact of these old cars to our environment, we will stop it. It is one of the reasons Lagos and Ogun are experiencing lower rainfall and higher heat. Ozone layers are damaged daily. That of Bayelsa is no go area. Lol. Those guys there don't have "commas" to flaming gasses. Hejehhe. That place is terribly hot now. If we look at the negative impact of allowing more than 5 years old vehicles into Nigeria, we will understand it is costlier than the present inconveniences of not having many private cars. Masses don't get it. They pay more for tjat stu.pid act in other ways. Food is getting expensive, yet they keep shouting government this, and government that. Whereas, they are the ones contributing to high cost of food because they use old cars which release damaging gasses into air. Thereby altering the climate negatively which is counter productive for farmers. I pray we get it right in this country. South Korea is not stupid for crushing those cars our boys disengage and import home as replaceable parts. We always think we are smart, but the impacts are always disastrous, and are costlier at the end of the day. I think I have written about our we sabotage everything in Nigeria somewhere. General Obasanjo banned 10 years and above vehicles from entering Nigeria during his era, and that's when our custom officers in land borders decided to enrich themselves by allowing smuggled vehicles. It was Jonathan that reversed the law when Nigeria Port Authority cried that they are losing seriously due to smuggling at borders. Instead of Jonathan to find ways to be ruthlessly curb smuggling, and police our borders like what Trump is doing at US/Mexico borders, he cheaply accepted defeat and here we are with even 30 years old trucks in Nigeria. Why won't containers fall on people while such trucks are moving? We are are own worst enemies. I forbid anything older than 5 years old car. Rather, I would use Uber when necessary, and used BRT or cabs until I could buy a quality car. All these people who are buying cheap used cars (and they aren't cheap due to high import tax) can actually save to buy quality brands if they have no alternative. Funny that NPA takes huge tax for new cars too instead of lowering it encourage better quality. "Nigeria get enough wahala oooo". And then, local producers like Innossons will surely cry against such act. lol. If I start with Innossons and other issues, we will cross over the objectives of this thread. Having explained the prons of using wood as energy, I am not saying I am against it. My point is that World Bank is a bit biased, or maybe people are treated the way they present themselves. Malaysia is not spared. Why? They produce so much vegetable oil but they are reckless with preserving jungle lifes. They continue contributing to extinction of rare species in the jungle just because of generating income from oil palms. These are the issues. You have made good points, and I agree with you. But kindly try to read my comments above concerning using substation options. These are good opportunities for people in the system. If I have such too, I will tap into them. But my concern is always the future. I hope you get my points. Please, I have a question bro/sis. A beg oooo. Can I get an affordable biomass system with 2kva to 10kva output? Can you recommend a brand I should look into? Or any local manufacturer? This Info HERE that you dropped is a reminder for me. And it has just awaken a neglected option for a project I am presently working on. I appreciate your effort. I don't mind options like this too. "Make World Bank and it's like go siddon for dem corner for now". 4 Likes |
Re: Investors Corner: Commercial Farming Ideas by RealityShot: 10:04am On Jul 23, 2019 |
Writer pistolaxxx above..
Your epistles are TOO long |
Re: Investors Corner: Commercial Farming Ideas by Nobody: 11:07am On Jul 23, 2019 |
RealityShot: Writer Realityxxx above, unfortunately the "reality" is that you will need the service of consultants since you cannot read the epistles. I am sorry this thread is not for you. Actually, it is not for everyone. You should hunt more for front page summarized contents. Thanks for your comment anyway. 5 Likes 1 Share |
Re: Investors Corner: Commercial Farming Ideas by SocialJustice: 11:44am On Jul 23, 2019 |
chigomiced:Muslim folks be like "What's going on here?" |
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