get into farming...cocoa boom is making dangote richer everyday...house sprouting everywhere...farmers don't know suffering really dey naija

dre11:


https://dailytrust.com/nigerian-workers-spend-65-of-salary-on-foods-un/

This is an understatement.
Many workers -more than 80 percent of them spend over 90% of their salaries or wages on feeding. Some even borrow to augment. It's a sorry situation that needs drastic intervention.

It's more than 65 peRcent UN. ITS ALMOST 90 PERCENT.

I can't agree less

UN PPL DON COME WITH ANOTHER LIES AGAIN...... IN NIGERIA CURRENTLY WE SPEND 100% OF OUR SALARIES AND TILL BORROW MONEY TO BUY FOOD

80% and not 65%

Benjamin4388:
get into farming...cocoa boom is making dangote richer everyday...house sprouting everywhere...farmers don't know suffering really dey naija

What's the process to starting cocoa farming?

Like how much capital can one start with?

What's the harvest period for Cocoa if planted?

Benjamin4388:
get into farming...cocoa boom is making dangote richer everyday...house sprouting everywhere...farmers don't know suffering really dey naija

My brother na hunger go waya anyone that goes into cocoa farming because it takes minimum of 3 years and maximum of 5 years for maturity. Not everyone can go into cocoa farming, especially if you're not the owner of the land, hence, you farm for the owner as cocoa takes a long years to die. The name na baba no go die afi to ba da rugbo.

Tinubu is a monumental failure in all ramifications

We spend 100% and not 65%, we even now borrow money to even cope well, and when the money comes, we settle the bills first and manage the rest and still borrow additional money.

emmanuel596:
Tinubu must go

You cannot even protest your landlord oppressing you. It's a nationwide protst you are calling for

IfnobeGod20:

My brother na hunger go waya anyone that goes into cocoa farming because it takes minimum of 3 years and maximum of 5 years for maturity. Not everyone can go into cocoa farming, especially if you're not the owner of the land, hence, you farm for the owner as cocoa takes a long years to die. The name na baba no go die afi to ba da rugbo.

I know the duration but it so worth it after the 5 years...you and your family are made for life ... you need your own land...200_400k should cover that

Benjamin4388:

I know the duration but it so worth it after the 5 years...you and your family are made for life ... you need your own land...200_400k should cover that

In which location will you get land at #200 - #400k? Price of land is location dependent.
If you don't have full control of land, it is not advisable to farm cocoa at all. There are many farm produce that brings great returns and not only Cocoa. Rice, soybeans, guinea corn, maize cassava are at high demand now and very cost.

It’s more than that
Children contribute, the wife contribute, extended family contribute, they collect loans too and farm to submit supplement